Masterworks, an art-finance start-up founded in 2017 by Scott Lynn, has made waves by selling fractional shares of securitized artworks by blue-chip artists. Current and former staff interviewed by Angelica Villa spoke of a rocky situation unfolding within the company, with some claiming that leadership there had been reckless in a number of its decisions. A few claimed that what Masterworks had violated rules and rules put in place by organizations like the SEC.
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KEY TAKEAWAYS Alia Farid, a Kuwaiti-Puerto Rican artist, wins the prestigious Lise Wilhelmsen Art Award 2023, which features a $100,000 honorarium, an exhibition at the Henie Onstad Kunstsenter, and an acquisition budget for her work. Farid’s art explores the legacy of colonialism using varied media and challenges established narratives by giving visibility to tales typically obscured by hegemony. The artist has participated in quite a few solo and group exhibitions worldwide, with upcoming solo exhibitions at the Chisenhale Gallery and CAC Passerelle…. The “Spider” sculptures are a half of Bourgeois’ iconic series and are on display in leading cultural establishments worldwide, symbolizing motherhood and traits admired by the artist in her personal mother. KEY TAKEAWAYS A variety of art displays across Europe and the US, celebrating a spread of creative themes and mediums. Numerous exhibitions specializing in ecological themes, African photography, and modern art.