News Recap: January 30, 2015

Weekly recap of art-world news

LA Art Book Fair Opens
Yesterday Printed Matter’s LA Art Book Fair opened at the Geffen Contemporary at MOCA. In its third year, the event boasts over 200 participating publishers, booksellers, presses, and artists. Other programming includes talks, exhibitions, signings, and more.
Read more here. (LA Art Book Fair)

Sotheby’s Raises Buyer’s Premiums
As of February 1, Sotheby’s will raise its buyer’s premiums.  The new rate structure will improve revenue for the auction powerhouse and is the first raise in rates since March 2013.
Read the full story (ARTnews)

No More Staff Photographers for Sports Illustrated
Add Sports Illustrated to the list of media publications that have laid off their staff photographers. Due to the magazine’s restructuring, the last of its six remaining staff photographers were let go last week. The magazine will now rely on freelancers for their photography needs.
Read the full story (CNN)