Michael Ovitz’s White Flag by Jasper Johns is considered the centerpiece of his substantial collection, one that includes works by Ellsworth Kelly, Pablo Picasso, Willem de Kooning, Mark Rothko, and others. Johns’s White Flag is significant because it was one of the first to break from Abstract Expressionism, the then-dominant style of painting and usher in new experiments in Pop Art and other forms of modern art.
“It’s one thing to look at reproductions, but when you see the painting in the...
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