Frida Kahlo painting auctioned for record £25m November 17, 2021 A painting by Mexican artist Frida Kahlo has sold at Sotheby's in New York for a record $34.9m (£25m), making it the highest price paid at auction for a Latin American artwork.
Arts sector output more than halved as one in two creatives were furloughed November 17, 2021 The arts, culture and heritage sectors suffered a 60 per cent decline in output due to pandemic restrictions with a “catastrophic effect”, according to a new report. Around 55 per cent of jobs – 450,000 people – were furloughed in the sector, which was second only to hospitality and well above the national average of [...]
US brand licensing company Authentic Brands buys iconic photo library for £20m November 15, 2021 A British photography archive of some of the most iconic music images has been sold to a brand licensing company Authentic Brands for around £20m.
Watch as half-shredded Banksy picture sells for £18m in London October 15, 2021 A Banksy picture which was half sliced by a shredder concealed in its frame when it was sold at auction fetched £18.4m when it went back under the hammer in the same room in London last night. Watch the full report.
Banksy’s shredded artwork is back under the hammer – for up to six times the price September 3, 2021 Banksy’s “Love is in the Bin”, formerly Girl With Balloon before it partially self-destructed at the moment of sale in 2018, is back up for auction at Sotheby’s in October – and it could be worth up to six times more in its semi-shredded state. The painting of a young girl holding a red heart-shaped [...]