Visitors enter the expositions building during the VIP opening day at Art Basel. Photo by Michele Tantussi/Getty Images.
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Thursday, September 15.U.K. charity The Players Foundation is selling L.S. Lowry’s, which carries a £5 million to £8 million estimate, at Christie’s London next month. The painting—which the foundation’s former parent company, the Professional Footballers Association, bought for a then-record £1.