London’s Wigmore Hall, prized for its good acoustics, has started its own recording label.
Tag: 09.09.05
Taubmans Loosen Grip On Sotheby’s
The Taubman family, which has owned controlling interest in Sotheby’s auction house, is reducing its investment to minority shareholder status. “The deal, which ends years of speculation about the Taubmans’ intentions for their holding, ends a dual share structure that had allowed the family’s 22% stake to carry 62% of the votes. The family will continue to hold 7.1 million shares, which will give them the same power as other investors in the company.”
Renoir Kin Implicated in Potential Billion-Dollar Art Fraud
“According to documents filed in an Arizona court, Jean-Emmanuel Renoir, great-grandson of Pierre-Auguste Renoir, has lent his name to what one lawyer claims could be the ‘biggest art fraud in history’, a plan to market hundreds of thousands of works inspired by Renoir-Guino sculptures to which the artist’s descendant does not hold copyright. Projected revenues are over $1 billion.”