The original Lynn Goldsmith photograph of Prince and Andy Warhol's artwork of the musician. Photo: Lynn Goldsmith / Andy Warhol Foundation for the Visual Arts
The original Lynn Goldsmith photograph of Prince and Andy Warhol's artwork of the musician. Photo: Lynn Goldsmith / Andy Warhol Foundation for the Visual Arts
The original Lynn Goldsmith photograph of Prince and Andy Warhol's artwork of the musician. Photo: Lynn Goldsmith / Andy Warhol Foundation for the Visual Arts
The original Lynn Goldsmith photograph of Prince and Andy Warhol's artwork of the musician. Photo: Lynn Goldsmith / Andy Warhol Foundation for the Visual Arts

Andy Warhol Supreme Court case outs Justice as a Prince fan


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A copyright clash over Andy Warhol’s celebrity images drew the US Supreme Court into a spirited and at times laugh-inducing debate involving Norman Lear, 2 Live Crew and Justice Clarence Thomas’s years as a Prince fan.

Hearing arguments in Washington, the justices dealt with photographer Lynn Goldsmith's claim that Warhol breached her copyright by basing his 1984 images on her 1981 portrait of Prince.

The case could reshape the fair-use defence to copyright infringement for follow-on works, affecting music, videos and books, as well as Warhol’s pop art.

The 102-minute argument did not clearly indicate which way the court would rule as the justices sought to balance the rights of copyright owners with the needs of artists who create follow-on works.

But it offered several moments of comic relief in what is likely to be a divisive Supreme Court term.

Part of the more than 140-page petition submitted to the US Supreme Court by the Andy Warhol Foundation for the Visual Arts in their case against Goldsmith. Reuters
Part of the more than 140-page petition submitted to the US Supreme Court by the Andy Warhol Foundation for the Visual Arts in their case against Goldsmith. Reuters

Mr Thomas was at the centre of much of the frivolity. He mentioned in passing that he was a Prince fan in the 1980s, prompting Justice Elena Kagan to ask him wryly: “No longer?”

As the courtroom broke into laughter, Mr Thomas smiled and responded: “Only on Thursday nights."

He then crafted a hypothetical question that had him doubling as a fan of the Syracuse University basketball team, whose nickname is the Orange.

Mr Thomas asked Roman Martinez, the lawyer representing the Andy Warhol Foundation for the Visual Arts, whether the justice would be sued for making a huge poster of Warhol’s orange-coloured Prince image, with the words “Go Orange” added at the bottom, to wave at Syracuse games.

  • A woman takes a photo of Andy Warhol's 'Shot Sage Blue Marilyn' during Christie's 20th and 21st Century Art press preview at Christie's New York in New York City. AFP
    A woman takes a photo of Andy Warhol's 'Shot Sage Blue Marilyn' during Christie's 20th and 21st Century Art press preview at Christie's New York in New York City. AFP
  • Staffers work the phones for bids on 'Shot Sage Blue Marilyn' by Andy Warhol during an Evening Sale of works from The Collection of Thomas and Doris Amman at Christie's Auction House in New York. EPA
    Staffers work the phones for bids on 'Shot Sage Blue Marilyn' by Andy Warhol during an Evening Sale of works from The Collection of Thomas and Doris Amman at Christie's Auction House in New York. EPA
  • The 1964 painting 'Shot Sage Blue Marilyn' by Andy Warhol is carried in Christie's showroom in New York City, New York. AP
    The 1964 painting 'Shot Sage Blue Marilyn' by Andy Warhol is carried in Christie's showroom in New York City, New York. AP
  • It sold for $195 million, the most expensive 20th-century artwork to sell at public auction. AP
    It sold for $195 million, the most expensive 20th-century artwork to sell at public auction. AP
  • Christie's auctioneer begins the auction of 'GE/Skull' by Andy Warhol and Jean-Michel Basquiat during an Evening Sale of works from The Collection of Thomas and Doris Amman at Christie's Auction House in New York. EPA
    Christie's auctioneer begins the auction of 'GE/Skull' by Andy Warhol and Jean-Michel Basquiat during an Evening Sale of works from The Collection of Thomas and Doris Amman at Christie's Auction House in New York. EPA
  • A woman takes a photo of Andy Warhol's 'Shot Sage Blue Marilyn' during Christie's 20th and 21st Century Art press preview at Christie's New York, New York. AFP
    A woman takes a photo of Andy Warhol's 'Shot Sage Blue Marilyn' during Christie's 20th and 21st Century Art press preview at Christie's New York, New York. AFP
  • Media were given a sneak-peek as to what will go on the auction block. Reuters
    Media were given a sneak-peek as to what will go on the auction block. Reuters
  • Pop artist Andy Warhol all smiles in New York, New York in 1976. AP
    Pop artist Andy Warhol all smiles in New York, New York in 1976. AP
  • Alex Rotter Christie's Chairman, 20th and 21st Century Art, introduces the 1964 painting 'Shot Sage Blue Marilyn' by Andy Warhol, to the media. EPA
    Alex Rotter Christie's Chairman, 20th and 21st Century Art, introduces the 1964 painting 'Shot Sage Blue Marilyn' by Andy Warhol, to the media. EPA
  • Andy Warhol's 'Reigning Queens', 1985.
    Andy Warhol's 'Reigning Queens', 1985.
HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

Fifa Club World Cup quarter-final

Kashima Antlers 3 (Nagaki 49’, Serginho 69’, Abe 84’)
Guadalajara 2 (Zaldivar 03’, Pulido 90')

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Banthology: Stories from Unwanted Nations
Edited by Sarah Cleave, Comma Press

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6.30pm: Mazrat Al Ruwayah – Group 2 (PA) $36,000 (Dirt) 1,600m, Winner: RB Money To Burn, Tadhg O’Shea (jockey), Eric Lemartinel (trainer)

7.05pm: Handicap (TB) $68,000 (Turf) 2,410m, Winner: Star Safari, William Buick, Charlie Appleby

7.40pm: Meydan Trophy – Conditions (TB) $50,000 (T) 1,900m, Winner: Secret Protector, William Buick, Charlie Appleby

8.15pm: Al Maktoum Challenge Round 2 - Group 2 (TB) $293,000 (D) 1,900m, Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass

8.50pm: Al Rashidiya – Group 2 (TB) $163,000 (T) 1,800m, Winner: Zakouski, William Buick, Charlie Appleby

9.25pm: Handicap (TB) $65,000 (T) 1,000m, Winner: Motafaawit, Sam Hitchcock, Doug Watson

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Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Match info

Uefa Nations League A Group 4

England 2 (Lingard 78', Kane 85')
Croatia 1 (Kramaric 57')

Man of the match: Harry Kane (England)

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES

SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities

Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails

Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies

Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments

MATCH INFO

Manchester United 1 (Rashford 36')

Liverpool 1 (Lallana 84')

Man of the match: Marcus Rashford (Manchester United)

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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Updated: October 13, 2022, 12:41 AM