Takashi Murakami Goes to Hollywood

Collectors may not have been clamoring for his work at the fall contemporary sales, but Takashi Murakami isn’t planning Damien Hirst-style layoffs. Instead, he’s announced the further expansion of Kaikai Kiki, his global art empire. Next stop? Hollywood, where Murakami will open an animation and film studio. “This studio represents a great step in the evolution of Kaikai Kiki and gives me a closer proximity to the community of artists with whom I hope to collaborate as I continue my explorations of animated and live-action film,” said Murakami in a statement.