Making An Epic Fit The Stage

The stage version of Lord of the Rings, which had a fairly short and unsuccessful run in Toronto last summer, is headed to London, and producers are hoping that a number of changes will put the hugely expensive show on the right track. “Gone are the long speeches, some minor characters and one intermission. It has been trimmed, crucially, to three hours, a length designed to test neither patience nor posteriors.”

New Money Drives Up Prices At Spring Auction

Even without a true blockbuster work to anchor it, Tuesday’s sale of Impressionist and modern art at Sotheby’s New York hauled in a staggering $278.5m, just under its high-end estimate. The bidding was driven largely by “an international group of today’s new rich [who] dropped millions of dollars, ignoring auction house estimates and paying whatever it took to take the right image home.”

Royal Opera Gets A £10m Windfall

London’s Royal Opera House has announced a £10m donation, one of the largest in the venue’s history, from the foundation of deceased philanthropist Paul Hamlyn. Part of the gift will be used to establish a permanent educational activity endowment, and the ROH’s Floral Hall will be renamed for Hamlyn.

More Arts Leaders Blast Olympic Funding Plan

Another prominent cultural figure has attacked the UK government’s plan to gut arts spending to help fund the 2012 London Olympics. This time, it’s “the chairman of the Royal Philharmonic Society – the second-oldest music society in the world, which commissioned Beethoven’s Ninth Symphony” taking the Blair government to task, accusing it of doing “thoughtless damage” to the arts.

Tate Invades New York, Comes Away With Big Bucks

London’s Tate Museum goes to Manhattan and holds a glittery high-profile fundraiser. This is the museum’s “biggest and most high-profile fundraising event outside Britain. In a signal of the institution’s supreme confidence, buoyed by the runaway success of Tate Modern, it had the audacity to sneak into the world capital of contemporary art, New York, and steal the show.”