Marlborough Fine Art (Q6771667)

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Commercial art Gallery operated by Frank Lloyd
  • Marlborough Gallery
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English
Marlborough Fine Art
Commercial art Gallery operated by Frank Lloyd
  • Marlborough Gallery

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Measured in terms of money, Marlborough is the biggest and most successful commercial enterprise in the world dealing in modern art. The gallery has quickly blossomed from a small,, two‐man operation that Mr. Lloyd ands, a friend, Harry Fischer, fourided on Bond Street in London in 1946, into a gigantic complex stretching from New York to Tokyo.It is estimated that Marlborough's annual sales volume exceeds $30‐million. It has more than 125 employes, represents approximately 70 renowned living artists and handles the estates of 14 modern masters like Jackson Pollock, David Smith and Kurt Schwitters.“Marlborough is no longer gallery in the traditional sense,” says one New York art dealer. “It is big business, a conglomerate like General Foods. It is an empire and possesses the power of an International cartel. No one can compete with it.”In addition to its well‐known galleries in London, Rome and New York, Marlborough recently opened branches in Zurich, Montreal and Toronto. It has representatives in such farflung cities as Madrid, Sydney and Johannesburg. Soon Marlborough will occupy an entire building in the embassy area of Tokyo. (English)
1 reference
In what appeared to be almost simultaneous actions the Marlborough Gallery which was assessed $9.2 million in fines and damages by Surrogate Millard L. Midonick last week for wrongdoing in its dealings with the estate of the late abstract expresionist painter Mark Rothko, has resigned from and been expelled by the Art Dealers Association of America, an organization formed to promote and uphold ethical practices among dealers.The expulsion, announced yesterday, followed quickly on the heels of a letter of resignation sent by Marlborough last Saturday to Ralph F. Colin, administrative vice president of the association. The letter, signed by Richard L. Plaut Jr., vice president and administrator of the gallery, charged Mr. Colin with “impropriety” for a statement released in behalf of the association's board last week that said the court's opinion contained “findings and views that are most disturbing.” The statement went on to say that an emergency meeting of the board would be called to consider what action should be taken. (English)

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