Last year, Shepard Fairey launched his largest solo exhibition in Los Angeles entitled “DAMAGED.” Now, the iconic visual artist teamed up with VRt Ventures to launch a virtual reality meets augmented reality experience on all mobile devices. Read More
Experience the lively auction room atmosphere as bidders at Sotheby’s Contemporary Art Evening Sale in London drove the selling price of KAWS’ “Again and Again” to a record price for the artist. Eventually selling for £1.03 million, the depiction of one of America’s best loved cartoon characters was expected to fetch between £250,000–300,000.
Rapper Kanye West met with President Trump at the White House for a free-wheeling discussion.
source: Fox News
Dive in to discover the history of Jordan Brand’s Jumpman logo, from its early origins to Michael Jordan’s retirement in 2003 and beyond.
Right after the hammer fell, Banksy self destructed/shredded his own work after it sold for 953,829 pounds ($1.25m USD) at the Sotheby‘s evening auction on the 5th of October 2018!!!
Propped” by Jenny Saville sold for £9.5m ($12.5m usd) at Sotheby’s in London last night making her the number one female artist at auction. Painted in 1992 for her degree show at Glasgow School of Art, the Saville previously belonged to Charles Saatchi and was then acquired by legendary collector David Teiger. It was sold last night to benefit Teiger Foundation whose purpose is to support initiatives around Contemporaryart.
Nipsey Hussle – Double Up Ft. Belly & Dom Kennedy
A ten-metre-long triptych by Zao Wou-Ki — one of the 20th century’s most prominent Chinese painters — fetched $65 million (HK$510 million) at auction Sunday, Sotheby’s Hong Kong said.
Entitled “Juin-Octobre 1985”, the abstract artwork was commissioned personally by the world-renowned Chinese-American architect I.M. Pei.
Zao and Pei were both born to affluent bankers during the Chinese Republican era. They first met in Paris in 1952 and began a long-running friendship, according to the auction house.
The triptych — Zao’s largest work — set a world auction record for the late Chinese-French artist, surpassing the $26 million paid at Christie’s last year for the painting “29.01.64”.
The painting represents a period of Zao’s career which marks “a perfect example of how he merged Eastern and Western techniques and philosophy into the painting,” said Vinci Chang, head of modern Asian art at Sotheby’s, at a preview last week.
Born in China in 1920, Zao moved to Paris in 1948. He was influenced by Western modernism and moved towards abstraction before also returning to Chinese brush-and-ink techniques by the early 1970s, according to Christie’s. He died in 2013.
Source: Sotheby’s
Inspire Brands, a private equity backed firm that owns Arby’s and Buffalo Wild Wings, is paying nearly 20% more for Sonic than what shares were trading at on Monday.
Sonic(SONC) is famous for its quirky ads and retro 1950s-esque drive-in locations.
Inspire Brands, which has both company-owned and franchised restaurant brands, has agreed to acquire drive-in fast-food chain Sonic Corp. SONC, -0.13% for $43.50 per share in cash, or about $2.3 billion, including assumption of Sonic’s debt. Sonic joins Inspire’s portfolio, which includes more than 4,700 Arby’s, Buffalo Wild Wings and Rusty Taco restaurants. Inspire is majority-owned by affiliates of private-equity firm Roark Capital Group, which owns Arby’s. Sonic will become a privately-held subsidiary of Inspire Brands and will continue to operate as an independent brand.
Roark Capital, an Atlanta-based invesment firm, is the majority owner of Inspire. It has also purchased big stakes in Auntie Anne’s, Carvel and Jimmy John’s. Just last year Inspire paid nearly $3 billion for Buffalo Wild Wings.
source: CNNMoney
Mike Krieger and Kevin Systrom
The co-founders of photo-sharing giant Instagram, Mike Krieger and Kevin Systrom, are both leaving the firm.
Mr Systrom, chief executive, said they were departing to “explore our curiosity and creativity again”.
Instagram, purchased by Facebook in 2012 for $1bn (£760m) in cash and stock, has more than a billion users. (and way too many hair companies)
There had been reports of tension between the pair and Facebook, and the departures add to what has been a troubling year for the parent company.
Mr Systrom, 34, the CEO, and Mr Krieger, 32, the chief technical officer, started the image sharing site in 2010 and continued to run the service after it was acquired by Facebook .
GWOP MAGAZINE 