– Gagosian Brought 12.5 Percent of Art Basel by Value: The world's premier contemporary art fair has inventory that is valued at about $2 billion. A staggering 12.5 percent of that seems to be courtesy of Larry Gagosian, who brought an estimated $250 million of works including Hirsts, Rauschenbergs, and Picassos to the fair. [Bloomberg via AMM] 

– Marina Abramovic, Reviewed: Film critic A.O. Scott reviews "The Artist Is Present," the new documentary chronicling the performance artist's retrospective at MoMA in 2010. He says it's good, if a little reverent: "The filmmakers are disinclined to seek out critical voices or to dig too deeply into the thorny issues of sex, violence, and identity raised by her work," he writes. Abramovic, meanwhile, on a publicity tour for the film, wants to clarify that she isn't a feminist, "just an artist." [NYT]

– EU's New Anti-Laundering Laws Bad for Galleries: Possible changes to the European Commission's anti-money laundering laws could make business more difficult for galleries, requiring them to register as "high-value dealers," report cash payments of more than €15,000 ($18,800) or more according to stricter guidelines, and verify buyers' identity. The changes "are particularly onerous if you routinely deal with foreign companies, trusts, and other entities," according to art law expert Pierre Valentin; "most people do not walk around with their passport and an original utility bill." [TAN]

– Dallas Museum Chooses Chief Conservator: Mark Leonard has been appointed chief conservator at the Dallas Museum of Art, a position created thanks to a $500,000 grant from the Andrew W. Mellon Foundation. Leonard, who retired in 2010 after 12 years as the Getty Center's head of painting conservation to pursue his own painting, starts his new job on July 1 at a still-under-construction conservation studio, the DMA's first. [LAT]

– Queen Victoria's Gift Greyhound Headed to the Kennel: A silver statue commissioned by Queen Victoria on the occasion of her husband Prince Albert's 21st birthday, portraying his prized greyhound Eos, will be on sale tomorrow at Art Antiques London. The regal rendering of the famous canine — who survived an accidental shooting by the Queen's uncle Prince Ferdinand before dying in 1843 of natural causes — cost £42 ($65) to produce and is expected to fetch £200,000 ($311,000). [Telegraph]

– Auction Houses Bring Lots of Bacon — Francis Bacon, That Is: London's contemporary sales this month will feature dueling Bacon self-portraits. Sotheby's is offering "Study for Self-Portrait of 1980," in which the 71-year-old painter looks back at himself as a young man, with an estimate of  £5-7 million. Christie's "Study for Self-Portrait (1964)" carries a higher estimate of  £15-20 million. [Telegraph]

– Everyone Profits From Non-Profit Art Industry: According to the fourth "Arts & Economic Prosperity" report, just released by the organization Americans for the Arts and based on numbers from 2010, the non-profit arts and culture sector generated some $135.2 billion in economic activity, with an additional $22.3 billion in revenue at the local, state, and federal levels. The numbers, which are down from 2005, reveal that the arts industry also supports over four million full-time jobs. [HuffPo]

– Italian Antiques Businesses in Trouble: While Basel is booming, the antiques business — at least in Italy — is struggling. One-fifth of Italian antiques businesses have closed since 2010, due in part to what dealers consider outdated and overly burdensome exportation laws. Hit especially hard are Venice, Bologna, and Naples, hubs of international antique trading. [Artforum] 

– Corcoran Tallies the Cost of Staying Put: The Corcoran Gallery of Art, which is considering a controversial move out of its longtime building in downtown Washington, D.C. and into a less expensive suburb, said it would cost an estimated $130 million to renovate and remain in its current home. A new sprinkler system alone, it noted, would cost $28 million. [WaPo]

– RIP Trailblazing Graffiti Artist Stay High 149: Wayne Roberts, better known by his brightly scrawled tag "Stay High 149" and trademark "Smoker" stick figure, died on Monday at age 61. "He was incredibly influential for generations,” according to "Graffiti New York" author Eric Felisbret. “He set the pace for how to do an elegant tag and set yourself apart from other people. It was like corporate branding." [NYT]

VIDEO OF THE DAY

The trailer for "Marina Abramovic: The Artist is Present" (read Julia Halperin's interview with the director, here)

ALSO ON ARTINFO:

Art Basel Report: Dealers Trot Out Trophies and Collectors Splurge in the Opening Hours of the Fair

Uli Sigg Donates His Storied Chinese Contemporary Art Collection to Hong Kong’s M+ Museum

The Met Invites Artists to 3-D Print Its Collection, and Art History Will Never be the Same

China's Fabled Terracotta Army Grows as Archaeologists Unearth a Platoon of 110 Lost Warriors

At Long Last, Legendary Art Dealer Michael Werner to Open London Gallery

Paul Kasmin Gallery Now Represents the Estate of Arman

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