Art Industry News: Hilma af Klint’s Relative Says Pharrell Williams’s Plan to NFT Her Art ‘Goes Completely Against’ Her Will + Other Stories, δημοσίευση Artnet News [16/11/2022]

A still of the virtual reality recreation of Hilma af Klint’s Temple. Image courtesy of Acute Art.

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Wednesday, November 16.

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Cologne Wants to Restitute Its Benin Bronzes – A total of 90 bronzes, known to have been stolen during a late 19th century raid in the former Kingdom of Benin, may be restituted to Nigeria. The Rautenstrauch-Joest-Museum is advocating for their return; the city of Cologne will vote on the matter on December 8. (Zeit)

Xi Jinping Lays Out China’s Cultural Agenda – Expect more censorship and rigid rules as Xi tightens his grip on the country’s cultural scene. During the president’s keynote speech at the party congress last month, he described his objective to “promote confidence in its culture, cast new glories of socialist culture” and promote artists with “moral” skills. (The Art Newspaper)

Hilma af Klint Relative Condemns NFTs – The granddaughter of af Klint’s nephew disapproves of the more than 160 NFTs being dropped by Acute Art and Pharrell Williams’s platform GODA. “Hilma af Klint’s paintings … being monetized, and itemized, and sold as NFTs—this completely goes against the will of Hilma af Klint,” Hedvig Ersman said. (Hyperallergic)

That Mondrian Record Wasn’t What It Seemed – Piet Mondrian’s work, which sold during Sotheby’s evening sale on Monday for $51 million, didn’t actually demonstrate deep demand from the market. There was no bidding war—instead, the record price was the result of a third-party guarantee from an Asian buyer who received a discount on buyer’s fees in exchange for offsetting the auction house’s risk. (New York Times)

Η συνέχεια εδώ.

Art Industry News: Hilma af Klint’s Relative Says Pharrell Williams’s Plan to NFT Her Art ‘Goes Completely Against’ Her Will + Other Stories, δημοσίευση Artnet News [16/11/2022]