ARTNET NEWS

Things are definitely picking up in the Old Master world.

Bob Dylan and Patti Smith are among 18 musicians and artists paying tribute to Andy Warhol on a new “art-and-sound” box set, “15 Minutes: Homage to Andy Warhol,” debuting on the artist’s birthday, Aug. 6, 2011.

The latest body of work from Street Artist and former member of the Deitch Projects stable Steve Powers -- currently working as Stephen Powers -- is a long way from his days tagging storefront gates under the name ESPO, or from his torture-themed installation Waterboarding Thrill Ride in Coney Island.

The latest exhibition at I-20 Gallery is billing itself as a “throwback to the days when art took precedence over branding.”

China is now either the first or the second biggest art market in the world, depending on whose data you believe.

As if there weren’t enough art-world action flooding Los Angeles this coming fall, busybody visitors can now add one more item to their to-do lists.

Performance artist Michael Holman is reviving Gray, his industrial noise band formed in 1981 with Jean-Michel Basquiat, and later Vincent Gallo, Shannon Dawson, Wayne Clifford and Nick Taylor.