French-Tasmanian betting markets in everything

Tasmanian millionaire David Walsh takes that speculation to a new level by buying the life of an artist. He has entered a unique arrangement to film an artist's entire life until he dies. The French artist Christian Boltanski will be filmed 24 hours a day in his Paris studio. The Herald Sun reports that the video will be streamed live to Walsh's $70 million Museum of Old and New Art once it opens in 2011. Boltanski will be paid a fee until he dies so the longer he lives, the better a deal it is for him. Boltanski is currently 65. Boltanski has called the deal a game, to win he must stay alive at least eight years. Walsh is essentially gambling that he won't. Filming began yesterday.

The full story is here and I thank N. Mehra for the pointer.

Comments

"Cue the sun!"

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It's presented as gambling because high-stakes gambles are a way to signal high testosterone. Maybe.

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What a sad thing to sell.

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I could test for the modality - but it is not qualitatively clear that this is the case. This would be very difficult for the artist 24 * 7 to be shooting.

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It will have a round cut, weigh one carat, and be set in a gold ring setting. Until the diamond†²s creation, the empty ring setting, the corporate contract, the artist’s preamble, and the Beneficiary Contract constitute the artwork.

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Great post Walsh's $70 million Museum of Old and New Art once it opens in 2011. Boltanski will be paid a fee until he dies so the longer he lives..

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