Weekly Round Up: Lictenstein breaks auction record, the art world is awash in wealth, Asia’s superrich flaunt their art, and Canadian artists are fed up with Harper

CRITIC’S NOTEBOOK Pondering an art world awash in wealth, Boston Globe
“Have people forgotten how the Museum of Fine Arts, Metropolitan Museum of Art, Museum of Modern Art, and Guggenheim Museum ended up with so many masterpieces? For that matter, does anyone remember a family of Florentine bankers called the Medici?”

Forget megayachts and private jets: Asia’s superrich want to build their own …,
Orlando Sentinel
“Tek is set to open the De Museum in Shanghai next year featuring Asian and Western contemporary art, after opening his first in Indonesia’s capital Jakarta in 2008. While Asia’s new generation of wealthy are usually better known for splashing out on …”

Lichtenstein’s ‘Sleeping Girl’ Brings Record $45 Million, BusinessWeek
” Roy Lichtenstein’s 1964 painting “Sleeping Girl” sold for $44.9 million tonight at Sotheby’s contemporary-art sale in New York. The price established a new auction record for the Pop Art”

No Sign of Financial Crisis at Postwar Art Sales, New York Times
“Big money continues to pour over postwar and contemporary art. At Sotheby’s Wednesday evening sale, 46 works of the 57 that were on offer sold for $266.6 million. Gigantic prices were paid for paintings”

War artist destroys works as protest against Tories, CBC
“Canadian war artist is destroying five pieces of his own artwork — including one he shredded live on CBC’s Power & Politics — to protest the federal government’s treatment of veterans and aboriginals, … what he calls an “abuse” of parliamentary power.”



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