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    IDEAS

    • Crumbling buildings, booming balance sheets

      Good Morning,

      A new GAO report finds 85% of U.S. museums dealing with deferred maintenance, and 77% with at least one structural issue that could put collections at risk (ARTnews). The buildings are failing. So are the businesses around them: LA’s family-run prop houses, florists, and craft shops — the literal hub-and-spoke of Hollywood production — are closing after the post-pandemic slump (Los Angeles Times). A working TV writer puts it more bluntly: the market has structurally reduced the number of jobs, and no amount of talent compensates (New Story).

      Meanwhile at the top, the view is sunnier. Warner Music posted a $1.73 billion quarter (Music Business Worldwide) and turned around to announce a multi-year Paramount deal for a pipeline of artist biopics (MBW). A24, now valued at $3.5 billion — more than ten times rival Neon — has a hit restaurant and a hip theatre in NYC to go with its film slate (Hollywood Reporter). And what looks like organic buzz online increasingly isn’t: a new piece on “trend simulation,” the practice of paying people to fake-endorse bands so algorithms inflate them (The Atlantic). The middle is where the cracks show first.

      All of our stories below. See you toimorrow.

    • Three Wildly Different Accounts On Selling Art

      Three recently published books give us some perspective on the selling of art: a long-view history going back to the Middle Ages; a memoir by a successful contemporary maker; and a wistful biography of a relationship between two talented 20th-century artists who struggled to find their place commercially. – The New York Times

    • My Year Of Obsessive Listening To Keith Jarrett

      By mid-October, I finally had something close to a single aphorism about Jarrett, an inversion of a half-remembered Wordsworth definition of the vocation of a poet. – The Walrus

    • LA’s Family Businesses That Built The Film Industry Are Dying

      From florists to prop rentals to catering and beyond, production services and craft businesses are the hub and spoke of L.A.’s film and TV industry. But many of these businesses — some of which have been family-operated for generations — are struggling to weather a post-pandemic slump in film activity. – Los Angeles Times

    • Report: Museums Have Major Building Issues

      Roughly 85 percent of museums across the country are dealing with deferred maintenance or major repair needs. Even more concerning, about 77 percent say they have at least one structural issue that could put their collections at risk. – ARTnews

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    PEOPLE

    • Crumbling buildings, booming balance sheets

      Good Morning,

      A new GAO report finds 85% of U.S. museums dealing with deferred maintenance, and 77% with at least one structural issue that could put collections at risk (ARTnews). The buildings are failing. So are the businesses around them: LA’s family-run prop houses, florists, and craft shops — the literal hub-and-spoke of Hollywood production — are closing after the post-pandemic slump (Los Angeles Times). A working TV writer puts it more bluntly: the market has structurally reduced the number of jobs, and no amount of talent compensates (New Story).

      Meanwhile at the top, the view is sunnier. Warner Music posted a $1.73 billion quarter (Music Business Worldwide) and turned around to announce a multi-year Paramount deal for a pipeline of artist biopics (MBW). A24, now valued at $3.5 billion — more than ten times rival Neon — has a hit restaurant and a hip theatre in NYC to go with its film slate (Hollywood Reporter). And what looks like organic buzz online increasingly isn’t: a new piece on “trend simulation,” the practice of paying people to fake-endorse bands so algorithms inflate them (The Atlantic). The middle is where the cracks show first.

      All of our stories below. See you toimorrow.

    • Three Wildly Different Accounts On Selling Art

      Three recently published books give us some perspective on the selling of art: a long-view history going back to the Middle Ages; a memoir by a successful contemporary maker; and a wistful biography of a relationship between two talented 20th-century artists who struggled to find their place commercially. – The New York Times

    • My Year Of Obsessive Listening To Keith Jarrett

      By mid-October, I finally had something close to a single aphorism about Jarrett, an inversion of a half-remembered Wordsworth definition of the vocation of a poet. – The Walrus

    • LA’s Family Businesses That Built The Film Industry Are Dying

      From florists to prop rentals to catering and beyond, production services and craft businesses are the hub and spoke of L.A.’s film and TV industry. But many of these businesses — some of which have been family-operated for generations — are struggling to weather a post-pandemic slump in film activity. – Los Angeles Times

    • Report: Museums Have Major Building Issues

      Roughly 85 percent of museums across the country are dealing with deferred maintenance or major repair needs. Even more concerning, about 77 percent say they have at least one structural issue that could put their collections at risk. – ARTnews

    PEOPLE

    • Crumbling buildings, booming balance sheets

      Good Morning,

      A new GAO report finds 85% of U.S. museums dealing with deferred maintenance, and 77% with at least one structural issue that could put collections at risk (ARTnews). The buildings are failing. So are the businesses around them: LA’s family-run prop houses, florists, and craft shops — the literal hub-and-spoke of Hollywood production — are closing after the post-pandemic slump (Los Angeles Times). A working TV writer puts it more bluntly: the market has structurally reduced the number of jobs, and no amount of talent compensates (New Story).

      Meanwhile at the top, the view is sunnier. Warner Music posted a $1.73 billion quarter (Music Business Worldwide) and turned around to announce a multi-year Paramount deal for a pipeline of artist biopics (MBW). A24, now valued at $3.5 billion — more than ten times rival Neon — has a hit restaurant and a hip theatre in NYC to go with its film slate (Hollywood Reporter). And what looks like organic buzz online increasingly isn’t: a new piece on “trend simulation,” the practice of paying people to fake-endorse bands so algorithms inflate them (The Atlantic). The middle is where the cracks show first.

      All of our stories below. See you toimorrow.

    • Three Wildly Different Accounts On Selling Art

      Three recently published books give us some perspective on the selling of art: a long-view history going back to the Middle Ages; a memoir by a successful contemporary maker; and a wistful biography of a relationship between two talented 20th-century artists who struggled to find their place commercially. – The New York Times

    • My Year Of Obsessive Listening To Keith Jarrett

      By mid-October, I finally had something close to a single aphorism about Jarrett, an inversion of a half-remembered Wordsworth definition of the vocation of a poet. – The Walrus

    • LA’s Family Businesses That Built The Film Industry Are Dying

      From florists to prop rentals to catering and beyond, production services and craft businesses are the hub and spoke of L.A.’s film and TV industry. But many of these businesses — some of which have been family-operated for generations — are struggling to weather a post-pandemic slump in film activity. – Los Angeles Times

    • Report: Museums Have Major Building Issues

      Roughly 85 percent of museums across the country are dealing with deferred maintenance or major repair needs. Even more concerning, about 77 percent say they have at least one structural issue that could put their collections at risk. – ARTnews

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