Art Industry News is a daily summary of the most important developments in the art world and the art market. Here’s what you need to know this Friday March 26th.

MUST READ

NFT artwork by Robot Sells for $ 688,888 – Sophia, the robot already known for interviewing politicians and appearing on the Tonight Show, worked with Italian artist Andrea Bonaceto to auction a six-figure NFT. The video clip, sold as an NFT, also includes a physical self-portrait of the robot. Because why not? ((New York Times)

Germany plans more bailouts as it stumbles through its vaccine rollout – A further 100 million euros are earmarked for the German cultural institutions financed by the federal government pandemic-related loss of income. The funding is part of a nearly $ 2 billion federal culture aid program. Meanwhile, vaccine adoption has been trapped in the aisles of EU bureaucracy. (Press release)

JRR Tolkien’s Illustrations Will Appear in His Books – The author’s original drawings for his “Lord of the Rings” series will be included in a reprint of the books for the first time since their publication in 1954. His detailed drawings, illustrations, maps and sketches served as visual aids in his fantasy novels. ((Guardian)

ART MARKET

Ja Rule sold a $ 122,000 Fyre Festival NFT and painting – Rapper “Holla Holla” sold a non-fungible marker next to a painting with the Fyre Festival logo for $ 122,000. The work comes with a note from the artist that reads, “Fuck this painting.” Life is beautiful. ((Guardian)

Artnet Auctions celebrates Blowout Photo Sale – The sale of Artnet Auctions’ Important Photographs, which ended yesterday, had solid results, increasing revenue 165 percent over the same event last year. The top lots included works by Carrie Mae Weems, Cecil Beaton and Vik Muniz. The most expensive work was that of Shirin Neshat Fervor Series (crowd from behind, close-up)which went beyond its high estimate of $ 60,000 to land at $ 84,000. ((Press release)

COME GO

Winnipeg Opens First Museum of Inuit Art – The Winnipeg Art Gallery in Canada will open Qaumajuq on March 27, the world’s first museum of Inuit art. The additional facility, which cost $ 52.4 million, was developed on the recommendation of the Canadian Truth and Reconciliation Commission in 2015 to “recognize [Canada’s] colonial past and move forward in a spirit of reconciliation and cooperation. “((Artforum)

Greece completes renovation of the National Gallery – The National Gallery of Alexandros Soutzos in Athens celebrated the 200th anniversary of Greece’s independence with the completion of a € 59 million renovation and expansion. With the project, the museum has increased its area to 20,000 square meters (2nd15,300 sq. Ft.), Adding exhibits and storage space, plus a restaurant with panoramic views of the Acropolis. ((The art newspaper)

For the sake of art

Alan Turing is the new face of £ 50 Note – A rainbow flag waved over the Bank of England to commemorate World War II code breaker Alan Turing who will be the new face of the British £ 50 note. The bill will be published on his birthday, June 23rd. Turing, who played a key role in British war missions against Germany, was convicted of “indecency” in 1952 after having a relationship with a man named Arnold Murray. Turing, who was chemically castrated as part of his punishment, was officially pardoned by the government in 2017. (Court news)

Edmund de Waal’s celebrated Sukkah is shown – A sculpture by the artist, originally made for the Synagogue of the Scuola Canton in the Jewish Ghetto of Venice, was installed in a 12th-century chapel in Canterbury Cathedral for Passover and Holy Week. De Waal called it a great privilege to have his work exhibited in a place that he “has known and loved since childhood”. (Press release)

Sukkah (2019) in St. Gabriel’s Chapel in Canterbury Cathedral; March 2021. Image © Edmund de Waal. Courtesy of the artist. Photo: Alzbeta Jaresova “width =” 683 “height =” 1024 “srcset =” https://news.artnet.com/app/news-upload/2021/03/1.-Installation-view-of-Edmund-de -Waals-sukkah-2019-683×1024.jpg 683w, https://news.artnet.com/app/news-upload/2021/03/1.-Installation-view-of-Edmund-de-Waals-sukkah-2019 -200×300.jpg 200w, https://news.artnet.com/app/news-upload/2021/03/1.-Installation-view-of-Edmund-de-Waals-sukkah-2019-33×50.jpg 33w, https://news.artnet.com/app/news-upload/2021/03/1.-Installation-view-of-Edmund-de-Waals-sukkah-2019-1280×1920.jpg 1280w “sizes =” (max- Width: 683px) 100vw, 683px “/>

Installation view of Edmund de Waals Sukkah (2019) in St. Gabriel’s Chapel in Canterbury Cathedral; March 2021. Image © Edmund de Waal. Courtesy of the artist.
Photo: Alzbeta Jaresova

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