Ai Weiwei Joins United Talent Agency, David Nahmad Denies His Modigliani Is Nazi Loot

KASSEL, GERMANY - JUNE 13 Chinese Artist Ai Weiwei poses in front of his sculpture 'Template' during a media preview of Documenta 12 on June 13, 2007 in Kassel, Germany. The Documenta is "one of the most important exhibitions of modern and contemporary art" which now takes place every five years in Kassel and will be open to the public June 16 - September 23.

Ai Weiwei. Johannes Simon/Getty Images

Ai Weiwei signs up with United Talent Agency’s new fine arts division. The Chinese artist and activist is the latest art star to join Josh Roth’s new arts-focused venture, and his first project will be a documentary film about the European refugee crisis titled The Human Flow. Artists such as Maurizio Cattelan and the Haas Brothers have already begun working with Roth.

Art dealer David Nahmad reveals himself as owner of disputed Modigliani painting, but denies work is Nazi loot. Nahmad has once and for all confirmed he is indeed the principal of the holding company, International Art Center, which owns the painting, but claims the Jewish heirs that have made a claim for the work are searching for the wrong piece.

What can venture capitalists can learn from art collectors? The billion dollar tech company, or “unicorn,” is still a relatively new phenomenon in Silicon Valley, but the art market has been soaring on higher and higher values for a long time now. The New Yorker considers the parallels between the two markets, and potential red flags for venture investors.

The arts bounce back in war-ravaged Beirut. A trio of art museums are reinvigorating the art scene in the Lebanese capital. This past year, the Sursock Museum for contemporary art reopened, and two new institutions, the Aishti Foundation and Beit Beirut, will open by this fall.

Europe’s most prestigious art fair, TEFAF, announces exhibitors for inaugural New York edition. The first stateside edition of The European Fine Art Fair will take place from October 21-26 at the Park Avenue Armory, and feature a mix of Old Masters, modern and contemporary art, design, decorative arts and jewelry. Some participating dealers include Axel Vervoordt, Colnaghi, Hemmerle, Otto Naumann, Ltd. and Sam Fogg Ltd.

Ai Weiwei Joins United Talent Agency, David Nahmad Denies His Modigliani Is Nazi Loot