Is Microsoft co-founder Paul Allen getting tired of his abstract art collection? Bloomberg reports that the tech billionaire just unloaded at auction a Mark Rothko painting — “Untitled (Red, Blue, ...

Sean Scully, "Heart of Darkness" (1982), oil on canvas, 8 x 12 feet. Art Institute of Chicago, Gift of Society for Contemporary Art (image courtesy the Art Institute ...

To those outside of the art world, the astronomical amount of money collectors spend at auction can be hard to comprehend. Why would someone pay $12 million for Damien Hirst’s “The Physical ...

NEW YORK - In 2007, John Logan was in London working on the film adaptation of Stephen Sondheim’s “Sweeney Todd’’ when he stumbled into the Tate Modern and had a heart-stopping encounter with a ...

What are the most expensive abstract paintings in the world? I know that deep down inside you’re pretty certain you can churn out an ‘abstract’ painting. There’s a community out there who sees value ...

With some artists it's often difficult to know whether they are talking to their audience or just talking to themselves. Are they philosophers, storytellers or slightly deranged, self obsessed ...