ArtsJournal: Arts, Culture, Ideas

VISUAL

So How Are Those Art Investment Funds Doing?

A wealth adviser based in Florida whose firm has researched and invested in fintech companies told ARTnews that “cheap money” fueled a surge of interest in “exotic alternatives.” But the current economic environment has squelched that trend. - ARTnews

It’s Over: After Several Attempts To Save It, San Francisco Art Institute Goes Into Bankruptcy Liquidation

"The San Francisco Art Institute has filed for Chapter 7 bankruptcy protection, a move that will force the 152-year-old institution to liquidate its assets" — most notably, a Diego Rivera mural valued at $50 million — "and abandon its legendary campus on the edge of Russian Hill." - San Francisco Chronicle

American Museum of Natural History’s New Science Building Gets A Rave Review

"(The) Gilder (Center) is spectacular: a poetic, joyful, theatrical work of public architecture and a highly sophisticated flight of sculptural fantasy. New Yorkers live to grouse about new buildings. This one seems destined to be an instant heartthrob and colossal attraction." - The New York Times

Afghanistan Archaeological Treasures In Peril

“Given the focus of most current donors on humanitarian needs, cultural heritage is inevitably regarded as marginal, despite the fact that conservation generates significant employment.” - The Art Newspaper

Museums Are Reinventing How They Work

Museums are shifting gears — seeking artists of different backgrounds, arranging works in new thematic groupings, reinterpreting pieces they already own. - The New York Times

ProPublica Investigates The Met Museum’s Holdings Of Native American Art

Over nearly five decades, Charles and Valerie Diker have amassed one of the country's biggest private collections of Native American art, and they've been lending or giving objects to the Met for30 years. But many of those items have little or no provenance history and could well be stolen. - ProPublica

The Frick Collection Announces Its Return To Its Fifth Avenue Mansion

"After two-plus years of occupying a temporary home on Madison Avenue at the historic Breuer building, Manhattan's beloved Frick Museum has announced it will be closing the space on March 3, 2024. It will spend the next several months … preparing to return … to its completely overhauled longtime home." - Artnet

Damien Hirst’s AI-Generated Art Project Earns $20 Million

In a nine-day sale that ended on April 10, Hirst sold 5,508 paintings (5,109 physical artworks and 399 NFTs) and generated $20.9 million in revenue. - Artnet

In The Heart Of Paris, Archaeologists Uncover 2000-Year-Old Graves

The Gallo-Roman graves "will offer further insight into the funeral practices of the Parisii, the Gallic tribe that inhabited Lutetia. In the process, we will also get to know a little bit more about how they lived." - El País

The Small British City Getting A Bunch Of Dali’s Surreal Sculptures

In Shrewsbury, a town of 40,000 a few miles east of the Welsh border, "the organisers of an ambitious arts trail in the Shropshire town are celebrating an unexpected coup. Three pieces made by Dalí are to play a starring role in this year’s trail." - The Observer (UK)

A Blockbuster Show, Ripped In Half By War

The National Gallery in London and the Pushkin State Museum of Fine Arts in Moscow both have a new show up - "After Impressionism." Back in the halcyon days before Russia invaded Ukraine, this was supposed to be one bigger, traveling show. No longer.  - The New York Times

Not So Fast: Santa Fe Contemporary Art Museum Might Not Close After All

In the wake of the April 6 announcement, there has been an outpouring of support from Santa Fe community. Members of the community are rallying to reopen the doors, with plans to resume programming at the CCA Cinema on May 3 thanks to $195,000 in emergency fundraising. - Artnet

A Pair Of Amateur Investigators Tracks Down Art Treasures Looted From India

"These sleuths, with the help of a small, anonymous global team of volunteers from various fields – who communicate mostly online – have brought back to India several millions worth of antiquities from countries like Australia, Singapore, Germany, UK and the US." - BBC

An Architect Uses Traditional Oaxacan Materials And Techniques To Create Beautiful Modern Buildings

"Juan José Santibañez has almost single-handedly revived ancient construction techniques in the area, created a market for artisanal brickmakers from miles around, and proven that genuine sustainability can be a source of pleasure, not just a grimly abstemious virtue." - Curbed

An AI-Generated “Photograph” Just Won An International Photography Competition. Question: What’s A Photograph Now?

Beyond the rights and wrongs of the images themselves, we should be asking if it is fair that photographers might find themselves losing out financially to systems that are only made possible in the first case because of their photographs. - The Art Newspaper

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