WME-IMG co-director and superstar agent Ari Emanuel, will be the first external stakeholder to invest in the company. Frieze’s move will allow the company to further develop its digital offer. Co-founder Amanda Sharp explained that Frieze will now be able to “create better value not only for our galleries but also for our sponsors”. Sharp does not exclude the possibility of launching of a fourth Frieze fair. Read more on FT.
Christie’s has announced that it will have a selection of Alexander Calder sculptures on sale during its May auction in New York for a total of $16 million. The art pieces, realized on the occasion of the artist’s trip to India in 1995, have never been put up for auction before. More information on Christie's.
The Musée du quai Branly might soon undergo a name change. From June on, the museum — which features indigenous art from Africa, Asia, Oceania, and the Americas — will change its name to Musée du quai Branly—Jacques Chirac, honoring the former French president. More info on The Artnewspaper.
Sandra Philips will no longer be curator of photography at San Francisco’s Museum of Modern Art. (SF MoMa) Philips steps down after 29 years at the museum. The news comes months after the institution announced a $35 million renovation plan. More info on Art Forum.
Art Basel has raised $1 million through a Kickstarter Crowdfunding campaign thanks to donations by 6700 people worldwide. The sum will finance the launch of 37 new non-commercial art projects. Funded projects will include artist residencies in Chiang Mai and Chicago and public art works in Detroit and Rome, Blouinart Info reports.
