An exhibition of the artist’s late works will be on display at Tate Modern next year. This is going to be the most well-covered exhibition of Matisse’s works comprising of his famous large-scale cutouts including Blue Nudes, The Snail & other works. Matisse started working on these artworks in 1943, and created works that were forward and very contemporary in nature. The Guardian.
In a recent turn of events, Helly Nahmad, owner of Helly Nahmad Gallery in Upper East Side, New York was arrested by the FBI under charges of operating a gambling ring. The billionaire heir is allegedly indicted for a case involving millions – $100 million if you want to know the number. Helly Nahmad comes from one of the most powerful and richest art-dealing families and it remains to be seen whether or not he is truly involved in this case. Forbes.
Obama’s new arts budget
The arts budget will be up 10% to $1.58 billion as per Pres. Obama’s 2013-14 budget. Overall, major institutions will benefit from the budget that promises to not only restore, but to improve the pre-sequestration status. Los Angeles Times.
Onement VI ©Barnett Newman, Image courtesy: newsok.com; Blue Nude (I) Spring 1952 ©Succession H. Matisse / DACS 2013, Image courtesy: tate.org.uk; Artwork by Prince Charles ©A.G. Carrick.