{"id":179329,"date":"2025-09-24T20:48:09","date_gmt":"2025-09-24T20:48:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/179329\/"},"modified":"2025-09-24T20:48:09","modified_gmt":"2025-09-24T20:48:09","slug":"gagosian-succession-plan-and-more-art-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/179329\/","title":{"rendered":"Gagosian Succession Plan and More Art News"},"content":{"rendered":"

\n\tTo receive\u00a0Morning Links<\/a>\u00a0in your inbox every weekday,\u00a0sign\u00a0up\u00a0for our\u00a0Breakfast with ARTnews<\/a>\u00a0newsletter.<\/p>\n

\t\tThe Headlines\t<\/p>\n

\n\tWILL LARRY LEAVE A VACUUM?\u00a0Artist, collector, and art world talking head\u00a0Kenny Schachter\u00a0doesn\u2019t seem to think\u00a0Larry Gagosian\u00a0has a succession plan. For\u00a0Artnet<\/a>\u00a0, he writes, \u201cafter confiding with multiple past and present employees, I can reveal his long speculated upon succession plan: there is none! In any guise, it\u2019s my opinion that after his death whatever remains won\u2019t last. He\u2019s chock-a-block geared up with bank leverage and living his best life, which is pretty darned good\u2014trust me, I was invited once to his\u00a0Hamptons\u00a0compound for dinner and it was everything you\u2019d imagine (and some). I\u2019m fully cognizant I won\u2019t be returning anytime soon for obvious reasons.\u201d Schachter\u2019s words counter news that emerged a couple of years ago, when the heirless Gagosian appeared to be hatching a plan by assembling a board of directors to help him think through the future of his business. \u201cIn addition to seven of his key associates and Gagosian himself, the board features 12 outside members from various industries, all of them collectors,\u201d the\u00a0New York Times\u00a0wrote at the time. \u201cThese include\u00a0Evan Spiegel, the chief executive of Snap; the artist\u00a0Jenny Saville; the financier\u00a0J. Tomilson Hill, who is the chairman of the\u00a0Guggenheim Museum\u00a0;\u00a0Glenn Fuhrman, a financier who founded the\u00a0Flag Art Foundation; and\u00a0Delphine Arnault, the executive vice president of\u00a0Louis Vuitton\u00a0who also serves on the executive committee of its parent company\u00a0LVMH, run by her father\u00a0Bernard Arnault, one of the world\u2019s top collectors.\u201d<\/p>\n

\t\tRelated Articles<\/p>\n

\t\t\t\t\t\t\"UNITED<\/p>\n

\n\tRUFF COPY.\u00a0Copying someone else\u2019s images or ideas is usually labeled as plagiarism\u2014but when\u00a0Rembrandt\u00a0did it, it was seen as \u201cemulation,\u201d a mark of artistic mastery. That\u2019s the view of experts who have uncovered evidence suggesting that one of Rembrandt\u2019s most iconic paintings may include imagery borrowed from another artist.\u00a0The Night Watch\u00a0(1642) depicts\u00a0Amsterdam\u00a0\u2019s civic guards preparing to defend the city, features a barking dog in the lower right corner. According to new research, that dog closely resembles a popular illustration by a lesser-known Dutch artist.\u00a0Anne Lenders, a curator at the\u00a0Rijksmuseum, highlighted the resemblance in an academic paper. She draws a direct link between Rembrandt\u2019s dog and an image found on the title page of a 17th-century manual on resisting sexual temptation.\u00a0Taco Dibbits, general director of the Rijksmuseum, told\u00a0The Guardian<\/a>\u00a0that Rembrandt, like\u00a0Shakespeare, freely borrowed from earlier sources.<\/p>\n

\t\tThe Digest\t<\/p>\n

\n\tThree case studies highlight how the\u00a0economic downturn\u00a0is revealing the shaky foundations behind\u00a0China\u2019s private museum boom. [Artnet News<\/a>]<\/p>\n

\n\tEuropean Commissioner for Enlargement Marta Kos\u00a0will sign a contract for the construction of the\u00a0Ars Aevi Museum of Contemporary Art\u00a0in Sarajevo. [Ansa<\/a>]<\/p>\n

\n\tTaichung Art Museum, boasting a translucent dual-layer metal facade and part of the newly completed Taichung Green Museumbrary, will be unveiled in Taiwan\u2019s second-largest city in December. [Design Boom<\/a>]<\/p>\n

\n\tFind out why \u201cnomadic\u201d art dealer\u00a0Taymour Grahne\u00a0is finally putting down roots and betting on\u00a0Dubai. [Artsy<\/a>]<\/p>\n

\t\tThe Kicker\t<\/p>\n

\n\tAIRING DIRTY LAUNDRY.\u00a0The UK art market is experiencing a sharp increase in\u00a0anti-money laundering<\/a> enforcement, as\u00a0HM Revenue & Customs (HMRC)\u00a0moves beyond penalising basic registration failures to closely examining operational compliance,\u00a0The Art Newspaper<\/a>\u00a0\u00a0reports. On July 10, HMRC published its latest list of penalties issued to art market participants \u2014 defined as individuals or businesses involved in buying or selling artworks worth \u20ac10,000 or more (either individually or through linked transactions). Among the most significant fines was a \u00a3158,679 penalty imposed on London-based\u00a0DYS44 Art Gallery Limited, cited for extensive procedural shortcomings. These included failures in risk assessment, policy implementation, staff training, due diligence, identity verification, and record keeping. DYS44\u2019s director,\u00a0Cesare Lampronti, told\u00a0TAN\u00a0: \u201cI have taken significant steps to correct this concerning and unusual situation to ensure the gallery is fully compliant with HMRC regulatory developments.\u201d He emphasized that the fine related to procedural issues rather than any involvement in illicit activity.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"To receive\u00a0Morning Links\u00a0in your inbox every weekday,\u00a0sign\u00a0up\u00a0for our\u00a0Breakfast with ARTnews\u00a0newsletter. The Headlines WILL LARRY LEAVE A VACUUM?\u00a0Artist, collector,…\n","protected":false},"author":2,"featured_media":179330,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[228,226,227,229,88,106404,93575,106405],"class_list":{"0":"post-179329","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-arts-and-design","8":"tag-arts","9":"tag-arts-and-design","10":"tag-artsanddesign","11":"tag-design","12":"tag-entertainment","13":"tag-gagosian-gallery","14":"tag-money-laundering","15":"tag-rembrandt-van-rijn"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/179329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=179329"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/179329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/179330"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=179329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=179329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=179329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}