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It's Hardly A Surprise Who Paid $101 Million For This 'Chariot'

Hedge fund billionaire Steve Cohen is the man who paid $101 million for Alberto Giacometti's "Chariot" scultpure at Sotheby's last week, the NYT's Carol Vogel reports. This is hardly a surprise: Cohen...

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These Amazingly Detailed Pencil Drawings Capture The True Spirit Of A...

This post is sponsored by Glenmorangie Single Malt Scotch Whisky.Graphic artist Vince Verma is from Devon, on the southern tip of Britain. He grew up in that coastal area — "the English Riviera"— among...

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Why This UPenn Professor Will Let Students Watch Porn Throughout His Class

An undergraduate creative writing course became a news story recently after the Vice site Motherboard revealed that the University of Pennsylvania was offering a spring semester class called "Wasting...

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Billionaire Barry Diller Is Funding A $130 Million Floating Park In The...

Media mogul Barry Diller and his wife, fashion designer Diane von Furstenberg, have committed to funding a floating public park and performance space on a pier in the Hudson River. Their pledge of over...

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Mexico's President Reveals $3 Million In Assets Under Pressure Over Mansion

Facing conflict of interest accusations over a luxury home, Mexican President Enrique Pena Nieto disclosed late on Wednesday ownership of nine properties among assets worth at least 45.2 million pesos...

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Sotheby's CEO Bill Ruprecht Is Out (BID)

Longtime CEO Bill Ruprecht is out at Sotheby's. The New York Times reports that his 14 year leadership of the company is coming to an end. It's not clear exactly when he will step down. The company's...

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Why It's Important That A Georgia O'Keeffe Painting Sold For $44 Million

Women are moving up in the art world.Today, at an American art auction at Sotheby's New York, the Georgia O'Keeffe painting, “Jimson Weed/White Flower No. 1” (1932), sold for $44,405,000. The proceeds...

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This Is What Sculpting In Virtual Reality Looks Like

Most people associate virtual reality with gaming, but some of the most exciting uses for VR are its creative applications for artists.We've already seen what it'll be like to paint in virtual reality,...

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Jeff Koons Had A Crushing Realization On His First Day Of Art School

Paris (AFP) - He may be the highest-selling artist alive, but on his first day at art school Jeff Koons had a crushing realization: he "knew nothing" about the world he was about to join.Today likened...

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Chinese Billionaire Drops $45 Million On Tibetan Tapestry

Hong Kong (AFP) - An ancient Tibetan silk tapestry has set a world record for Chinese art after it was sold to a Shanghai tycoon for $45 million (HK$348 million) at auction in Hong Kong, according to...

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The Booming Russian Art Market Has Finally Hit A Ceiling

If the flock of smart tarts speaking Russian into their smartphones along King and New Bond Streets in London last week were a sign, nothing much has changed in the Russian art market. Christie’s and...

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Lessons From Modern Art On How To Sell Your Ideas

You may have a groundbreaking idea that could change everything. But an idea is meaningless on its own.You need to be able to sell it.Author and entrepreneur Bruce Kasanoff and Rexi Media's Carmen...

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Don't Sue Your Art Dealer, Because You Won't Win

A New York appeals court threw out investor Ron Perelman's lawsuit against his art dealer, Larry Gagosian, this week.The suit — which accused Gagosian of tricking Perelman into spending $4 million on a...

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Most Of The Art On Display At Art Basel Miami Was Crap

“If no one ever looked at art, would anybody even create it? And how much does art actually need buyers?"Extremely reasonable questions put forth by the 2014 BMW Art Guide by Independent Collectors,...

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Big, Beautiful Photos Of The World's First Underground Park

The world's first underground park is coming, and it's scheduled to open in 2018.It's called the Lowline, and it will be located in a historic trolley station in the Lower East Side of New York...

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You Can Boost Your Creativity By Looking At Art

Something in our brain responds when we look at a painting.That experience refreshes and changes us. Afterwards we are more creative and open to learning. We are less mentally fatigued.Our brains are...

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Black-And-White Photo Sells For A Record $6.5 Million

The most expensive photo in history now clocks in at an impressive $6.5 million. The work of Australian landscape photographer Peter Lik, Phantom is a black-and-white shot of Arizona's Antelope Canyon,...

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This Website Tells You The Time Using Tweets From Around The World

There's more than 280 million people posting to Twitter, and an interesting new art project is using those tweets to tell you the time.It's called All The Minutes, and it's an online clock that pulls...

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25 Incredibly Clever Works Of Art By Banksy

See the art»Join the conversation about this story »

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Uzbek Art Museum Staff Brazenly Sold Original Artworks And Replaced Them With...

A brazen art crime has been uncovered in Uzbekistan. As the Guardian initially reported, several employees from the Uzbek State Art Museum have been found guilty of systematically selling original...

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