Some $70 million of art from MoMA, including masterpieces by Picasso, Renoir and Rodin, will be sold this fall to fund the museum's new push into digital
William Paley plans to auction off a trove of masterpieces long lent to New York’s Museum of Modern Art for at least $70 million this fall to expand the museum’s digital footprint.
The paintings and sculptures—by artists including Picasso, Renoir and Rodin—have been in MoMA’s care since Mr. Paley died in 1990. On Tuesday, his namesake foundation confirmed it had enlisted Sotheby’s to auction off 29 of his 81 pieces at MoMA. Most of the proceeds are earmarked to expand the museum’s digital presence, from possibly launching its own streaming channel to potentially buying more art, digital or otherwise.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NBC’s Cris Collinsworth struggled through vocal issues, CBS’ Tony Romo had fun during Chiefs blowout“Cris, I never realized how many people cared about you,' Mike Tirico said on 'Sunday Night Football' last night.
Read more »
CBS 2 Vault: The Ramsey Lewis Trio reunites for 1982 concert series after 14 yearsCBS 2's Harry Porterfield talked with the jazz legends for the old CBS 2 Sunday evening news magazine show 'Two on Two.'
Read more »
Downpours left basements, streets flooded all over North and Northwest sides, and some say it's a recurring problemCBS 2's Chris Tye explored where the storms hit, the calls for service, and why certain neighborhoods get hit the hardest most often.
Read more »
Reshuffled booths, streaming, mega TV deals: Inside the changing landscape of NFL broadcastsAl Michaels to Amazon Prime. Joe Buck and Troy Aikman to ESPN. Mike Tirico promoted to the No. 1 play-by-play chair at NBC This NFL season gives new meaning to the term “channel surfing,” LATimesfarmer writes.
Read more »
WGA East Members Employed At Audacy Unanimously Ratify New ContractA new four-year contract between the WGA East and Audacy, formerly CBS Radio, has been ratified unanimously by the 57 members employed under it. The guild’s new agreement with the country’s second-…
Read more »