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LACMA CEO and director Michael Govan. Photo by Stefanie Keenan/Getty Images for LACMA. Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Wednesday, February 10. NEED-TO-READ LACMA Is Downsizing on Michael Govan’s House (Again) – The director of the Los Angeles museum will have to move for the second time in nine months now that LACMA is looking to sell his house, which it owns, for an asking price of $2.4 million. Govan originally lived in another, $6.6 million home that the museum listed for sale last year. Govan will now have to do without the perk entirely as the museum tries to compensate for revenus drops amid the pandemic. (

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