Guggenheim and LG Announce New Research Initiative and Award for Art and Technology
The multi-year initiative will establish the LG Guggenheim Award, which will recognize one artist annually for their groundbreaking achievements in technology-based art.
The Guggenheim and LG announce a five-year, multifaceted collaboration to research, honor and promote artists working at the intersection of art and technology. The LG Guggenheim Art and Technology Initiative was introduced and celebrated on June 1, 2022, at the Guggenheim’s annual Young Collector’s Council (YCC) Party. Unique in its areas of concentration and approach, the initiative is an unprecedented investment in technology as an artistic medium, and will enable the Guggenheim to broaden its investigations into this innovative field.
The multi-year initiative will establish the LG Guggenheim Award, which will recognize one artist annually for their groundbreaking achievements in technology-based art. Administered by the Solomon R. Guggenheim Foundation, the award will be juried by an international panel of distinguished museum directors, curators, scholars, and other arts professionals, with the selected artist receiving an unrestricted honorarium of $100,000. The first recipient of the LG Guggenheim Award will be announced at the YCC Party in spring 2023.
As part of the initiative, LG Display will sponsor the Guggenheim’s YCC Party through 2027. The YCC is a dynamic group of young professionals dedicated to supporting the museum’s landmark building, exhibitions, collection, and educational programs. The YCC Party is one of the largest, most glamorous events of the year and raises important funds for acquisitions of artwork. Through its sponsorship of the party, the LG Guggenheim Art and Technology Initiative will provide essential support of the museum’s mission to collect, preserve, and interpret the art of our time, expanding the YCC’s long-standing history of supporting emerging artists. This year, the YCC Party featured atmospheric club designs by artists Jacolby Satterwhite and Tourmaline and transparent OLED displays, with performances by Perfume Genius and Maya Margarita, as well as DJ sets by TT Britt. Future parties will feature additional engagements by rising artists who will incorporate LG OLED technology into their activations of the Guggenheim’s landmark building.