Sources say that the art publisher Louise Blouin is in negotiations with Merchandise Mart Properties (MMPI) to purchase its fairs holdings. Rumors of MMPI wanting to sell their fairs which include the Armory Show, Art Platform Los Angeles, and VOLTA have been circulating for months. [The Art Newspaper]

Hanksy’s new piece at the Five Points in Bushwick pays homage to the Huxtable family. [Gothamist]

Edvard Munch’s The Scream goes on view today at the Museum of Modern Art. The painting is the most expensive work ever to be sold at auction with a record breaking sum of $120m. [NY 1]

Korean pop star PSY teaches Ai Weiwei the moves to the infectious dance hit ‘Gangnam Style.’ [ARTINFO]

How to buy art at auction – some advice from Christie’s deputy chairman Orlando Rock. [The Telegraph]

This is not a photograph. [BuzzFeed]