Tag Archives: Wild idea

Who Benefits?

Last week, a triptych by Francis Bacon, “Three Studies of Lucian Freud,” sold at auction for $142.4 million, a record auction price.  The seller, an unnamed collector in Rome, gains significantly from the transaction as does the auction house and … Continue reading

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Follow-up on Nonprofit/Commercial Coexistence

In a post in June, I suggested that Commercial productions that benefit from nonprofit development pay a certain amount of after-cost profit into a fund, perhaps administered by an organization like Creative Capital or Doris Duke or even an agency … Continue reading

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