Function Magazine

Art, Fashion and Entertainment

Archive for July, 2015

Recent art sales making historic sales records

Posted by elegant On July - 30 - 2015

Art sales especially art auction house sales are booming lately. It was announced that within a three day auction at Christie’s, the world’s largest auction house, it sold more than $1 billion worth of art recently recording the world’s biggest art sale week. At its one day contemporary art auction it received $658.5 million and added another $705.9 million at the 20th century works auction day. This gives the auction house a clear lead over its rival, Sotheby’s. Sotheby’s also made its second highest gross sales within the same period.

What cause these record sales? Some say it is the result of “excess and speculations.” Sales have been climbing within last few years and a new class of buyers with excess cash is entering the art market. Larry Fink, the chairman of the biggest asset management company BlackRock represent the new class of buyers with ample cash to spend on art and others. He is one of more than 170,000 world’s ultra-high net worth individuals in the world having more than $30 million in cash. Notable pieces sold included Lucien Freud’s 1994 oil painting, “Benefits Supervisor Resting,” which was sold for $56.2 million and Andy Warhol’s 1963 silk screen on canvas, “Colored Mona Lisa,” which was sold for $ 56.2.

ESPYs recognize courage along with athleticism

Posted by elegant On July - 24 - 2015

ESPY or Excellence in Sports Performance Yearly Award has taken a sensational route this year. Caitlyn Jenner formally Olympian Bruce Jenner was awarded this year’s Arthur Ashe Courage Award which is presented to a sports related person regardless of the gender. Started in 1993, ESPYs are presented by the American cable television network ESPN and recognize individuals and team achievements in sports. The format of the award ceremony is similar to many award ceremonies including Emmy and Grammy. Since its inception in 1993, recipients of awards are selected by voting by fans and ESPN personalities. Since 2008, ESPYs are held at the LA Live, West Coast home of ESPN, located near the Staples Center in Los Angeles.

Beside the Arthur Ashe Courage Award, other notable ESPY awards include Best Male and Female Athlete Awards, Best Coach/Manager ESPY Award and Best Male and Female College Athlete ESPY Awards. This year’s award to Caitlyn Jenner is important not for athleticism but for the courage to come out as a transgender woman. Jenner is currently appearing on many television productions including “The Kardashians.” Kardashian as well as Jenner family members attended the award ceremony and cheered Caitlyn Jenner as she appeared on the stage to accept the award.

Olympian Bruce Jenner as Caitlyn Jenner

Posted by elegant On July - 22 - 2015

The 1976 Montreal Summer Olympic Gold medalist Bruce Jenner is making headlines these days. At the summer games he was known as the “greatest athlete on earth.” The win was even more important for Americans because he dethrone Soviet decathlete Mykola Avilov who won the Gold at 1972 games during the height of the cold war. It is not for another Olympics run or his reality television show that he is in the news. He is becoming a publicly announced transgender woman, Caitlyn Jenner, at the age of 65. She is scheduled to receive Arthur Ashe Courage Award at the ESPY at the middle of the month. Her transgender transient has been widely speculated for almost a year. Paparazzi have been publishing many faces of events that took place at doctor’s offices and plastic surgeons clinics. Speculation of hormone take to remove facial and other hair as well as nose jobs were headlined in entertainment and as well as gossip sites and publications.

Finally, Caitlyn Jenner appeared on a two hour exclusive ABC interview with Diane Sawyer which was telecast on “20/20.” She was also appeared on the cover of the July issue of the Vanity Fair magazine. On July 15, 2015, Caitlyn Jenner accepted the Arthur Ashe Courage Award at the ESPYs.