It’s a very clean approach and it’s definitely better than the original, but it’s stil a bit bland. Are you going to incorporate any other colors or textures? At least use a richer/darker green something closer to a tyipcal Forest Green for the “Green Fields” type.

I do like the hill and tree illustration, but the sun and clouds looks too childish and unrealistic. I’m not sure the sun actually has straight lines shooting out of it. I’m visualizing something with a lot more color (yellows>oranges>reds) and maybe even a gradient or two.

And the lower case co. next to the all caps ARTS doesn’t seem right. either use all caps or all lower case.

Even if you decide against incomporating some colors from the previous pallette, a few shades of green could help add some depth. For instance using a darker, richer green for the type and filling the white area possibly with the more yellow green you are using for the time now.

I also agree about the “ARTS co.” area. It feels a bit like an after thought in how the type was handled (not to mean offense, just that it seems very much as if it were the last bit you added). I think all lower case may help.

Overall I think it is worlds better than the original (which for some reason seems NASCAR-esque to me (slanted type and color bars probably)

... _._. ... .. ... __.. ..._ ...

I like the ‘compactness‘ (if it’s a word in English) of the original. Yours is more a wordmark with a box around it.

I like the typeface you choose.

I’m not too fond of either and the fonts on both of them are uninspired and possibly inapporpriate.

Maybe you could develop the segmented forms of the original into a stained glass window or stencil style which could retain some of the original’s colours and work in single colour aswell.

PS: One of your sun’s rays overshoots the frame.

i think it’s nice, a huge improvement over the original, but a little flat. my solution might be to add some depth with a textured overlay.