All posts tagged: sells

Banana duct-taped to a wall sells for .2m at auction | Offbeat News

Banana duct-taped to a wall sells for $6.2m at auction | Offbeat News

Published by skeptic

A banana duct-taped to a wall has sold for $6.2m (£4.9m) at an auction in New York. The conceptual art piece, called Comedian, became a viral sensation after Italian artist Maurizio Cattelan debuted it at Art Basel Miami Beach in 2019. Festivalgoers tried to make out whether the single piece of fruit stuck to a white wall with silver tape was a joke or cheeky commentary on questionable standards among art collectors. The Sotheby’s auction house said it was the announcement of a new original work by the prominent and provocative artist Cattelan that initially captured the world’s attention, but Comedian “quickly erupted into a viral global sensation that drew record crowds, social media inundation, landed the cover of The New York Post, and divided viewers and critics alike”. At one point, someone even took the banana off the wall and ate it. Image: People laugh during auction preview at Sotheby’s in New York. Pic: AP Now Justin Sun, founder of cryptocurrency platform TRON, has paid $6.2m at an auction for a certificate of authenticity …

Sotheby’s Sells Monet’s Water Lilies For .5 Million

Sotheby’s Sells Monet’s Water Lilies For $65.5 Million

Published by skeptic

  Across two evening sales on Monday, November 18, Sotheby’s sold 49 lots for a total of $268.6 million ($309 million with fees). Highlights from the night include a $65 million Monet, a new auction record for Tiffany Studios stained glass, and a bidding war over a rare example of Leonora Carrington’s Surrealist sculpture.   Sotheby’s Double-Header Autumn Evening Auctions The Sydell Miller Collection Evening Sale on November 18. Source: Sotheby’s.   On Monday, November 18, Sotheby’s inaugurated the autumn marquee auction season with two back-to-back sales. The New York auction house began the evening with A Legacy of Beauty: The Collection of Sydell Miller Evening Auction, which was immediately followed by a Modern Evening Auction. Featuring the likes of Picasso, Kandinsky, and Degas, the Sydell Miller sale “presents an ode to timeless beauty” and “embodies Miller’s unerring eye and keen aestheticism,” according to Sotheby’s. Miller, who died earlier this year at age 86, was a beauty industry mogul, philanthropist, and discerning art collector. Leading up to Monday’s sale, Sotheby’s toured the collection around the …

IFPDA Foundation Sells Studio Visits to Raise Money for Grant Programs

IFPDA Foundation Sells Studio Visits to Raise Money for Grant Programs

Published by skeptic

A host of top tier New York-based artists are opening the doors to their studios to benefit the International Fine Print Dealers Association Foundation this November. Eleven artists, including Katherine Bradford, Leonardo Drew, Jeffrey Gibson, Rashid Johnson, Jeff Koons, Vera Lutter, Joel Mesler, Marilyn Minter, Tschabalala Self, Joel Shapiro and Mickalene Thomas, are taking part in the STUDIO VISIT benefit sale, which runs live on the IFPDA Foundation’s website from November 9 thought 19.  In a world increasingly driven by events and experiences, selling visits to the studio of an artist that most people know only by articles and internet searches is a novel idea for a fundraiser.  Related Articles Jenny Gibbs, the executive director of the IFPDA and IFPDA Print Fair told ARTnews via email that she reached out to independent curator and publisher Sharon Coplan, who curated the selection of participating artists, because “because she has such a great track record developing projects for nonprofits like the suite of prints she produced to benefit The Metropolitan Museum of Art for their 150th anniversary. When we started talking …

Chinese Startup Offers Trips to Edge of Space for an Absolute Bargain, Sells Out in Minutes

Chinese Startup Offers Trips to Edge of Space for an Absolute Bargain, Sells Out in Minutes

Published by José

Traveling to space could soon get a lot cheaper. Bargain Spacement Chinese space startup Deep Blue Aerospace recently took to social media to announce the sale of tickets for a 12-minute journey to the edge of space, which could take place as soon as 2027. Tickets were in hot demand, with the company selling two tickets for $210,000 apiece within a 20-minute live stream on the e-commerce platform Taobao. The company plans to sell more tickets sometime next month. While that may sound like a lot of money, it’s a fraction of the $600,000 it costs for a similar flight on board Virgin Galactic’s SpaceShipTwo space plane. And soaring to the edge of space on board Jeff Bezos’ Blue Origin rocket has been rumored to cost more than twice that per seat. But Deep Blue Aerospace still has a lot to prove. So far, the company has only begun testing a vertical take-off and landing of its liquid oxygen-kerosene “Nebula-1” rocket. Last month, the company’s rocket suffered an anomaly, resulting in a massive fireball on the …

Philip Morris sells asthma inhaler company, citing ‘unwarranted opposition’ to its goals : NPR

Philip Morris sells asthma inhaler company, citing ‘unwarranted opposition’ to its goals : NPR

Published by Sam

Cigarette and tobacco company Philip Morris International is selling Vectura, a British pharmaceutical firm that makes asthma inhalers. An office of the company is seen here in Neuchatel, western Switzerland. Fabrice Coffrini/AFP via Getty Images hide caption toggle caption Fabrice Coffrini/AFP via Getty Images Three years after raising health groups’ suspicions by acquiring Vectura, a British pharmaceutical firm that makes asthma inhalers, cigarette giant Philip Morris International has made a deal to sell off the inhaler business. Philip Morris says that under its corporate umbrella, the asthma inhaler business was hindered by “unwarranted opposition to PMI’s transformation” from a Big Tobacco stalwart into a broadly based health company. Health groups have met this stated goal with skepticism. The maker of Marlboro cigarettes is selling Vectura to Molex Asia Holdings Ltd., which plans to operate the inhaler business as part of its Phillips Medisize unit, which produces drugs and medical devices. The two-part sale includes an upfront cash payment of 150 million pounds sterling — around $200 million, at Friday’s exchange rate. The deal also calls …

Professor Will Remove Name from Brauer Museum if School Sells Paintings

Professor Will Remove Name from Brauer Museum if School Sells Paintings

Published by skeptic

Richard Brauer, a nonagenarian art history professor who has opposed a controversial plan by Valparaiso University in Indiana to sell three key paintings from its collection, said he will request his name be stripped from its museum building, which currently honors him. Brauer’s statement, which was distributed to ARTnews through his attorney on Thursday, comes after a recent court ruling allowing the university to amend the terms of the legal trust that endowed the artworks. The change means the school is legally permitted to move ahead with the art sale. Related Articles One of the works the university plans to sell, Georgia O’Keeffe’s painting Rust Red Hills (1930), was the second work the Brauer acquired for its collection. The university said it was worth about $15 million, making it the most valuable of the three pieces. Frederic Edwin Church’s Mountain Landscape was valued at $2 million, and Childe Hassam’s Silver Vale and the Golden Gate is valued at $3.5 million. The university initiated plans last year to sell the works to raise funds that would go …

Oasis reunion tour sells out in ten hours as thousands left frustrated

Oasis reunion tour sells out in ten hours as thousands left frustrated

Published by skeptic

Sign up to Roisin O’Connor’s free weekly newsletter Now Hear This for the inside track on all things music Get our Now Hear This email for free Get our Now Hear This email for free Oasis’s long-awaited reunion proved to be one of the most in-demand tours of the decade, as websites were reported to have crashed and thousands of fans were left dejected after failing to get their hands on tickets which have sold out. Brothers Noel and Liam Gallagher announced last week that they would join one another onstage for the first time in 16 years, for a string of stadium shows taking place in London, Manchester, Edinburgh, Cardiff and Dublin in 2025. The tour will coincide with the 30th anniversary of the band’s record-breaking second album, (What’s the Story) Morning Glory?, and was announced shortly before the band marked three decades since their seminal debut, Definitely Maybe. It was a morning of mixed emotions on Saturday as tickets were released first for Croke Park in Dublin, Ireland, at 8am, then in the …

Warren Buffett Sells All Paramount Stock, Takes Huge Loss

Warren Buffett Sells All Paramount Stock, Takes Huge Loss

Published by Sam

Warren Buffett‘s two-year dalliance with Paramount Global has come to an end. The famed investor and Berkshire Hathaway CEO says that his company has exited its position in Paramount. Buffett disclosed the news during Berkshire’s annual meeting in Omaha, Nebraska, on Saturday. “We sold it all, and we lost quite a bit of money, that happens in this business too,” Buffett told the crowd, adding that he was the one who decided to buy into the company in the first place (there had been speculation that one of Buffett’s deputies may have initiated the trade). “I did it all by myself, folks.” Berkshire surprised Wall Street when it disclosed a $2.6 billion stake in Paramount in May 2022. Later that year, it added even more shares, ultimately becoming the largest shareholder in the company (or at least its non-voting shares, with Shari Redstone and the Redstone family’s National Amusements controlling a majority of its voting shares). Since then, of course, Paramount has been on a stock downswing, as the exorbitant costs to compete in the …

Berkshire’s Profit Plunges 64% on Portfolio Holdings as Buffett Sells Apple

Berkshire’s Profit Plunges 64% on Portfolio Holdings as Buffett Sells Apple

Published by skeptic

OMAHA, Neb. (AP) — Berkshire Hathaway’s first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The company reported reported a $12.7 billion profit, or $8.825 per Class A share, in the quarter. That’s roughly one-third of last year’s $35.5 billion, or $24,377 per A share. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures. Operating earnings jumped 39% to $11.222 billion from last year’s $8.065 billion as its insurance companies showed strong results. On a per share basis, this year’s first quarter operating figure amounts to $7,796.47 per Class A share, beating three analysts’ estimates by FactSet Research, who predicted $6,701.87 per Class A share. Buffett was a net seller of $17 billion in stocks during the quarter, including trimming about 13% of Berkshire’s massive Apple stake. At $135.4 billion, the iPhone maker …

Full house! Humanists UK 2024 Convention sells out in Cardiff!

Full house! Humanists UK 2024 Convention sells out in Cardiff!

Published by Sam

Tickets for Humanists UK Convention 2024 have now sold out, with well over 500 humanists booked to attend this summer’s festival of humanism from across Wales, the UK, and beyond. Over 14–16 June, 500 humanists will converge on Cardiff for three days. The event has reached new heights in 2024, selling out for the first time since before Covid, even as more speakers are due to be announced. Cardiff was always going to be a fantastic host city for Humanists UK Convention 2024. The conference will be a celebration of the successes of secularism and humanism in Wales and Welsh public life. More than 100 years on from the disestablishment of the Church in Wales, tolerance and pluralism have taken root in a modern and confident nation. Today, Wales benefits from a devolved Assembly instituted as a secular body; an open, flourishing, and enriched civic sphere; and strong support for equality and human rights across all demographics, including the right to freedom of religion or belief. Humanists UK Convention is always a highlight of the …