Cash strapped RTÉ is still hopeful that paintings that failed to sell at Sotheby’s public auction in London will be bought privately. RTÉ will also have to pay a private vendor’s commission to Sotheby's on any of the artwork which is sold. An RTÉ source confirmed that they were still confident two of the paintings which failed to sell publicly would be sold privately. In a statement, RTÉ added: “Five artworks were put up for sale by Sotheby’s in London. A spokesperson for Sotheby's said: “Just one of the paintings sold and the commission to be paid to us by RTÉ is agreed privately and is on a sliding scale.

Source: Irish Examiner November 19, 2019 19:07 UTC