5.29.20 - Sotheby’s bets that online auctions will match the heat, and revenue, of live sales
'The New York Contemporary and Impressionist and Modern Art auctions will be held via livestream June 29 and 30.'
'It’s an accommodation the international auction house—which makes its biggest sales on live events—has had to make in the Covid-19 era. The Contemporary and Impressionist and Modern Art Auctions are typically held in tandem, and they were where the Basquiat piece sold years ago. They are among the most lucrative events the house holds annually.'