French photographer Patrick Cariou has won his copyright lawsuit against New York artist Richard Prince and the Gagosian Gallery.

The ruling was issued by a federal court in New York earlier this minth, after the judge deemed that Prince had misused Cariou’s images by creating a series of paintings, as well as a collage...

An image by Richard Prince has beaten the record for a photograph sold at auction, selling for $3.4 million at Sotheby's in New York. The previous record had been held by Andreas Gursky for a diptych print that sold for $3.3 million at Sotheby's in London.

The untitled work comes from Prince's "Marlboro Man" series, in which the artist had captured images of cowboys from Marlboro cigarette ads. The image, one of two editions, measures 100 by 66 inches.

Prince was also the first photographer to break the $1 million barrier for a single photo, auctioning another cowboy...