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Happenings

June 13, 2008 by Marion Maneker

Sonnabend’s Legacy

The Master, Judd Tully, explains out the massive $600 million private Sonnabend deal.

Sonnabend Goes Private (Art + Auction)

Inside Art

Carol Vogel gets closer to GSP; talks up Koons’s art collection; and says Christie’s is bring the Old Masters back to January.

Darkness Was Muse for a Master of Light (New York Times)

Sotheby’s Upgraded

Stock Analyst Kristine Koerber at JMP Securities sees upside for Sotheby’s stock based on increased supply and guarantees. It’s not clear where the blame lies for this fragmented story that is little more than a headline, the analyst or CNN Money. But the information doesn’t add up especially with recent reports that Sotheby’s profits had suffered due to reduced guarantees in the first Quarter of 2008. But here you have it. By the way, Sotheby’s stock slipped further after this was published.

Analyst Says Art Supply is Up at Sotheby’s (CNN Money)

Doubly Noted

The IHT profiles Chinese Nobel laureate in literature not for his plays or novels but for his other career as a painter.

Gao Xingjian: Composing a Narrative in Ink Paint (Int’l Herald Tribune)

It turns out everybody is an artist.

The census reveals 2 million persons working in jobs that would classify them as artists. Talk about the rise of the Creative Class!

A 21st Century Profile: Art for Art’s Sake, and for the US Economy, Too (New York Times)

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