Art Collection
The Secrets of Alicia Keys and Swizz Beatz’s Museum-Ready Art Collection
In early 2015, the musician Kasseem Dean, known as Swizz Beatz, went with artist Kehinde Wiley to see his retrospective, “A New Republic,” at the Brooklyn Museum. Dean had been churning out hits as a hip-hop producer for more than two decades, propelling singles by the likes of Jay-Z, DMX, Busta Rhymes, and Beyoncé to global inescapability. But Dean, along with his Grammy-winning superstar wife, Alicia Keys, is also a contemporary-art patron who caught the bug well before his peers in the hip-hop game.
“A lot of people used to make fun of me collecting art—I won’t say no names, but they’re the biggest names,” Dean told me recently.“We were so hardcore in music, I was a Ruff Ryder, everybody was more in their street element, and so collecting art….” he trailed off.
Read more: https://www.vanityfair.com/style/alicia-keys-swizz-beatz-art-collection
The British Council is considering selling up to half of the 9000 works in its art collection in order to pay a debt of £197m. This is the remaining total from its £250m pandemic-era government loan. Without additional financial support, it is ‘in real danger of disappearing’ the institution’s CEO Scott McDonald told The Guardian. The council is also considering shutting its operations in 30 to 40 countries.
McDonald states that the British Council is committed to paying back the loan but insists that the government must help find a viable solution. ‘I would just like reasonable loan terms of something like 25 years and a lower interest rate’ he said. The Art Newspaper has estimated that the current commercial interest rate applied to the loan amounts to £14m annually.
Read More: https://artreview.com/british-council-considers-selling-art-collection-to-pay-197m-debt/
Hospital patients and visitors will be able to enjoy the stories behind artwork from across Dorset through a new app.
A new project celebrating 35 years of art at Dorset County Hospital will bring the art straight to art lovers with a collection of stories and sounds that can be listened to via a mobile phone.
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Art Collection
British Council could plug £200million debt crisis by selling art collection featuring masterpieces by Tracey Amin and David Hockney
The British Council may be forced to put its £200million art collection up for sale as a result of ‘financial peril’ which is threatening the institution.
The council is facing £197million in outstanding debt after taking out an emergency £250million loan from the government during the pandemic.
