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Brooklyn Museum To Lay Off 40 Employees Amidst Budget Crunch
The Brooklyn Museum, facing $10 million in loans, has announced to lay off 40 employees and enforce budget cuts.
The news first broke on Friday when Anne Pasternak, director of the museum, released a statement. She spelled out the…
British Council Plans To Sell Half Its Collection To Repay Loans
The British Council is planning is sell almost half of its collection of 9000 artworks to repay a loan of £197 million.?
The British Council is a part of the UK government, representing British cultural relations on an international…
Romania blocks Christie’s sale of Al Greco painting
The Romanian government has blocked the sale of Saint Sebastian by El Greco at Christie’s next month.
The painting was scheduled to be sold as part of the Old Masters sale at Christie’s New York in March. It was expected to fetch between…