“Broad Art Foundation”

2014: a roundup of the year ahead

Paris, 17 January 2014, Art Media Agency (AMA). 2013 proved to be a rich year – very rich. The art world showed no risk of growing stale, with record sales, major exhibitions, ever-expanding fairs, and legal and economic shake-ups from Munich to Detroit. Barely recovered from the events of last year, the art market’s major participants have begun to make promises of an equally spectacular 2014. Whilst the global economy is not at its healthiest, the evolution of cultural projects shows little sign of slowing down: new museums have opened their doors, and have rapidly accrued visitor numbers to match those of their more established competitors. Significant exhibitions have followed, with ever-more-ambitious shows having been met with unfailing public interest. As far as the art market is concerned, the phrase “economic crisis” doesn’t exist. Whilst it’s difficult to predict whether the exceptional sales figures realised by auction houses this year will be replicated – or even surpassed – in 2014, there is every reason to believe that the demand for prestigious lots will remain high. If works of the same quality as last year’s re-emerge on the market, it seems likely that buyers will respond with enthusiasm – and high sums of money. New art fairs have been appearing across the world, tempted by the business potential of art. Despite increasing competition – and despite the vast difference in scope between some newer fairs and heavyweights such as Art Basel, FIAC and Frieze – art market professionals remain tempted by the lure of collectors and amateurs with a desire to buy. We took a look at some of the largest and most anticipated events for the forthcoming year. Whilst many may remain hidden in unwritten press releases, details of some of 2014’s initial openings seem to promise an interesting...

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Heath Fox appointed Deputy Director of new Broad museum

Los Angeles, 3 June 2011, Art Media Agency (AMA). The Broad Art Foundation has appointed Heath Fox as assistant director of Broad, the future museum of contemporary art in Los Angeles founded by Eli and Edythe Broad. The Broad Art Foundation was created in 1984 in order to promote contemporary art. The Broads own one of the largest collections of contemporary art in the world, which they lend to international museums. During the first twenty years of the foundation, they loaned approximately 8,000 pieces to 485 different institutions. In August 2000 Eli Broad announced the construction of a new museum of contemporary art on Grand Avenue designed by Diller Scofidio + Renfro, a world-famous firm created in 1979 and based in Manhattan. The construction work is said to cost 80 M$ to 100M$. Heath Fox was formerly the administration director at the Museum of Photographic Arts in San Diego, as well as Assistant Dean of Arts and Humanities at UCSD. He will take up his new post on 27 June...

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