Axelrod Extradicted From Germany

Herbert Axelrod, millionaire and violin collector, who fled the US after charges of tax evasion, is to be brought back to the US from Germany this week. “In its indictment, the government accuses Axelrod of two counts of fraud — conspiracy and helping an employee cheat the Internal Revenue Service by funneling more than $1 million into a Swiss bank account. The combined charges carry a maximum punishment of five years in prison and a $250,000 fine.”

A Peek Inside The Screenwriter Mill

“Every year, about 50,000 screenplays are registered with the western division of the Writers Guild of America, with nonmembers paying $20 and members paying $10. Only a few hundred of those are bought or optioned by studios, producers and production companies – usually for relatively paltry sums. Of the screenplays that find a home, a mere fraction end up as finished motion pictures and then, more often than not, only after they have been eviscerated and rewritten by a succession of writers known as script doctors. Nevertheless, an industry has blossomed around the notion that anyone with a good idea and the right skills can rack up a hit.”

Long Lost Kapell Recordings Revealed

A cache of privately recorings from pianist William Kapell’s last tour (he died in a 1953 plane crash in Australia at the age of 31) has surfaced. “The emergence of these more than three hours of recorded music is a tale of serendipity, of a collector’s passion and of a music lover’s act of selflessness. And when the recordings, preserved on three 16-inch acetate discs, are turned over to Kapell’s widow at a New York restaurant tomorrow, a new chapter will begin: the question of whether they will be commercially released.”

The Met’s Most Expensive Acquisition Ever

The Metropolitan Museum has made its most expensive purchase ever – more than $45 million for a painting by the early Renaissance master Duccio di Buoninsegna no bigger than a sheet of typing paper. In reporting the acquisition, the Met would not discuss price beyond confirming that it was the most costly purchase in its history. (In such deals, buyers are often legally bound not to reveal the sale price.) But art experts familiar with the deal, insisting on anonymity for fear of jeopardizing the sale, said the price was $45 million to $50 million. That would top the Met’s previous record purchase, of Jasper Johns’s “White Flag” (1955) for more than $20 million in 1998.”