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Text Content
* Washington -------------------------------------------------------------------------------- ABOUT TULSI GABBARD… Abby Livingston PARTY ANIMALS John Heilemann TINA NGUYEN Puck’s resident MAGA expert and insider, chronicling the transformation of the G.O.P. and the egos and intrigues within Trumpworld. Tina was previously a political correspondent at Politico and Vanity Fair. Latest Articles * Wall Street -------------------------------------------------------------------------------- APOLLO LANDS IN WASHINGTON William D. Cohan CABLE PREPARES FOR THE VALUE EXTRACTION ERA William D. Cohan DRY POWDER William D. Cohan • Wednesday and Sunday Unique and privileged insight into the private conversation going on inside Wall Street, as told by the best-selling journalist and former M&A banker. Read The Latest Newsletter * Silicon Valley -------------------------------------------------------------------------------- ONLYFANS’ LAW & ORDER Eriq Gardner TIKTOK’S ROUGH DAY IN COURT Eriq Gardner ERIQ GARDNER An industry-leading entertainment law expert reporting on the intersection of Hollywood, Washington, Wall Street, and media. Eriq was previously legal editor-at-large at The Hollywood Reporter. Latest Articles * Hollywood -------------------------------------------------------------------------------- NETFLIX’S PATERNITY TEST Eriq Gardner ‘RED ONE’ & THE NEW ARITHMETIC OF FLOPS Scott Mendelson THE TOWN Hosted by Puck founding partner and Hollywood expert Matt Belloni and The Ringer’s Bill Simmons, covering breaking news and the inner workings of showbiz. Listen to Podcast Episode * Media -------------------------------------------------------------------------------- MIKA & JOE’S EXCELLENT ADVENTURE Dylan Byers THE MARK-EST HOUR Dylan Byers IN THE ROOM Dylan Byers • Wednesday and Friday Ace media reporter Dylan Byers lets readers into his notebook as he reports on the biggest stories (and egos) in the industry. Read The Latest Newsletter * Fashion -------------------------------------------------------------------------------- ORDINARY PEOPLE Rachel Strugatz VANITY FAIR’S HOLLYWOOD ISSUES Lauren Sherman LINE SHEET Lauren Sherman & Rachel Strugatz • Monday, Wednesday and Thursday Lauren Sherman, a former top executive at Business of Fashion, is the preeminent fashion journalist of her generation. Line Sheet offers incisive reportage on all aspects of the industry and its biggest players. Every Wednesday, Lauren is joined by the beauty industry’s leading reporter, Rachel Strugatz, who writes the definitive guide to what’s happening across the category, from M&A to executive shuffles. Read The Latest Newsletter * Sports -------------------------------------------------------------------------------- THE SHAPE OF SILBERWASSER John Ourand IS THE NFL FALLING HARD FOR AMAZON? John Ourand THE VARSITY Puck Sports Correspondent John Ourand and a rotating cast of industry insiders take you deep inside the executive suites and owner boxes that run the entire sports business. You’ll hear interviews with everyone from players to network execs and everyone in between. The Varsity is an extension of John's private email for Puck by the same name. New episodes publish twice-weekly, every Wednesday and Sunday. Listen to Podcast Episode * Art -------------------------------------------------------------------------------- MILLER’S CROSSING Marion Maneker KEEPING UP WITH THE NEUENDORFS Marion Maneker WALL POWER Marion Maneker • Tuesday and Sunday A new biweekly private email offering unparalleled access to the global art market: the mega-auctions and galleries, elite buyers and sellers, and the power players who run this opaque world. Read The Latest Newsletter * Join Puck Newsletters What is puck? Authors Podcasts Gift Puck Careers Events * * Log In * Join Puck DIRECTLY SUPPORTING AUTHORS A new economic model in which writers are also partners in the business. PERSONALIZED SUBSCRIPTIONS Customize your settings to receive the newsletters you want from the authors you follow. STAY IN THE KNOW Connect directly with Puck talent through email and exclusive events. * What is puck? Newsletters Authors Podcasts Events Gift Puck Careers CAN A MILLION-DOLLAR BANANA SAVE THE ART MARKET? More than anything, the art market needs a narrative. With a million-dollar banana (plus duct tape) on offer at Sotheby’s, and a $95 million Magritte poised to potentially go much higher, could this be the season that renews the market’s momentum? Maurizio Cattelan, Comedian (2019), estimated at $1 million. Photo: Timothy A. Clary/AFP/Getty Images Marion Maneker October 27, 2024 SHARE It’s a lot to ask of a banana and a strip of duct tape. But the announcement late last week that Sotheby’s would be offering Maurizio Cattelan’s firestorm-provoking 2019 artwork, Comedian, in its November sales with a $1 million estimate, made me think that specialist David Galperin might have just picked the lock on what’s holding the art market back. “In a moment where there is seemingly so much anxiety about the market,” Galperin told me on Friday, “it is an object that brings a great deal of humor and levity.” The piece also brings a great deal of controversy. And, if it sells for a great deal more than the already goggling million-dollar estimate, it could bring back some heat and FOMO to the art market. That’s a desperately missing ingredient right now. The act of auctioning a set of instructions for mounting a banana to the wall with a strip of duct tape (at a 45º angle) raises a number of deliberately provocative questions: What is art? Why is it valuable? (“It’s a work that addresses the idea of value,” Galperin says.) Controversy, of course, is a magnet for publicity and crowds. Which is why Sotheby’s, eager for some good publicity—or at least some media attention—is sending the work on a nine-city tour. “It’s an unparalleled effort,” Galperin joked, referring to the supposedly complicated logistics of the banana making one-day appearances in London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, and Los Angeles before it takes up a 12-day residence in New York. “It’s very expensive to ship this around the world.” -------------------------------------------------------------------------------- Marion Maneker • November 19, 2024 MILLER’S CROSSING Marion Maneker • November 17, 2024 KEEPING UP WITH THE NEUENDORFS Marion Maneker • November 12, 2024 A CECILY BROWN CHRISTMAS TRY PUCK FOR FREE Sign up today to join the inside conversation at the nexus of Wall Street, Washington, Silicon Valley, Hollywood, and more. START 14 DAY FREE TRIAL UNLOCK 1 FREE ARTICLE Already a member? Log In -------------------------------------------------------------------------------- * Daily articles and breaking news * Personal emails directly from our authors * Gift subscriber-only stories to friends & family * Unlimited access to archives * Bookmark articles to create a Reading List * Quarterly calls with industry experts from the power corners we cover -------------------------------------------------------------------------------- * Exclusive access to Puck merch * Early access to new editorial and product features * Exclusive Inner Circle calls with Puck authors, with live Q&A’s Exclusive to Inner Circle only -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- LATEST ARTICLES FROM ART Marion Maneker • November 10, 2024 THE ART MARKET’S NEW NOVEMBER MATH A rise in the competition for third-party guarantees and attractive presale estimates indicate that dealers and consignors are feeling good about the upcoming auctions, including Mica Ertegun’s $95 million Magritte, Sid Bass’s $50 million Ruscha, and a “value proposition” $20 million Basquiat. Marion Maneker • November 5, 2024 KEITH HARING’S MISSING MARKET Haring, the iconic New York street artist, became a pop culture icon but never developed a market to rival Basquiat, his more collectible contemporary. A sale of his subway drawings, at Sotheby’s, aims to change all that. Marion Maneker • November 3, 2024 DE KOONING DOES DALLAS No longer an art world outlier, thanks partly to the booming financial services industry, Dallas is home to a trove of contemporary works by Warhol, de Kooning, Agnes Martin, Gerhard Richter, Cy Twombly, Jasper Johns, and other postwar greats, hanging inside the private homes of the city’s longtime art patrons. -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Marion Maneker • October 29, 2024 THE INVISIBLE WESSELMANN The Fondation Louis Vuitton is staging an ambitious, poppy retrospective of the sex-obsessed Midwestern artist—complete with contextual support from Warhols and Lichtensteins—to make the case that Wesselmann does matter, even if he’s not easy to sell. The Mugrabis, one of the biggest holders of his art, are betting on a turnaround. Marion Maneker • October 22, 2024 STILL LIFE WITH PARIS Absent a unifying theme to the Art Basel Paris auctions, the list of dynamic lots suggest that collectors are following their own paths through these auctions, and looking for works of idiosyncratic value rather than chasing a market trend. Marion Maneker • October 20, 2024 PARIS WHEN IT SIZZLES Sure, Paris pulled out the stops for the Olympics. But for Art Basel, the French seemed determined to put on a cultural spectacle to match the Summer Games this fall—and they did. Is this the beginning of a new art market narrative? -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Marion Maneker • October 15, 2024 AD HOCKNEY Reminiscences about the signs of life in London—Christie’s domination, Sotheby’s Hockney success, nostalgia for Koons, Hirst, Ruscha, Prince, Freud, and de Kooning. Next up: Paris! SEE ALL ART -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- GET ACCESS TO THIS STORY Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more. Verify your email and sign in by clicking the link we just sent. EMAIL ADDRESS Unlock 1 Free Article Already a member? Log In -------------------------------------------------------------------------------- Start 14 Day Free Trial for Unlimited Access Instead → -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- LATEST ARTICLES FROM ART Marion Maneker • October 13, 2024 VANITY FAIR Despite an art market downturn, London put on a great week of business that reminded everyone why Frieze has been a pillar of the global art circuit for more than two decades. Herewith, a tale of Sotheby’s, Christie’s, Degas, Hockney, Odundo, Whitten, and more. Marion Maneker • October 8, 2024 FRIEZE FRAMES News and notes from the British art fair circuit surrounding Frieze: the biggest sales, the debate over activity in the private market, attendance anxiety, and the battle with Paris. Marion Maneker • October 6, 2024 A MIDSEASON ART MARKET VIBE CHECK A quick look at the numbers from New York’s midseason contemporary art sales suggests the market is improving slowly but surely. More money was spent in this year’s sales relative to last year, and the indicators were broadly healthy—even if the sales provided little in the way of excitement. -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Marion Maneker • October 1, 2024 WIN, LOSE, OR DRAHI A 280-year-old company can withstand a lot more than bad press, but it’s undeniably been a rough month for Sotheby’s amid an art market slump, employee jitters, and feverish speculation surrounding fresh Emirati cash. Does Patrick Drahi have a plan, beyond muddling through? Marion Maneker • September 29, 2024 YEAR OF THE CAMEL In the white-hot market for the hybrid sculpture-furniture works by the late husband-and-wife team known as Les Lalanne, nothing is as it seems. Camels are couches, hippos are bars, and the prices always seem to be going higher and higher. This fall, after an opulent show in a Venice palazzo, the auctions may give us even more to talk about. Marion Maneker • September 24, 2024 A TALE OF TWO SOTHEBY’S As the world’s largest auction house prepares to move into its new flagship HQ, in the former Whitney, questions abound as to what its new Emirati investors want, whether Patrick Drahi can retain control, and which employees will be sent packing to Siberia (i.e., Long Island City). -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Marion Maneker • September 22, 2024 FALL’S ART MARKET AWAKENING A wealth of new offerings at Christie’s and Sotheby’s aim to rouse the art market from its recent somnolence, with a spate of attractively priced major works in the mid-range. Is the market on the verge of a real rebound, or merely enjoying the artificial uplift of a manufactured narrative? 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