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trending_up market schedule Sep 9, 2025 visibility 11 link 7 artists

Christie’s Quietly Deletes Digital Art Department

Christie’s has quietly dissolved its dedicated digital art department, laying off two staff members including vice president Nicole Sales Giles, as part of a strategic shift to fold digital art sales into its broader 20th and 21st Century Art category. The move follows a two-year contraction in the art market and a dramatic decline in NFT trading volume from $2.97 billion in 2021 to $197 million in 2024, mirroring similar downsizing at Sotheby’s and the shuttering of platforms like Async Art and KnownOrigin.

newspaper Artnet News open_in_new Read original
trending_up market schedule May 30, 2025 visibility 15 link 5 artists

Augmented reality enjoys growing appeal as a tool for the art trade

Augmented reality (AR) headsets like the Apple Vision Pro and Meta Quest II are gaining traction as tools for the art trade, according to experts interviewed in this article. Gallerists Will Shott and Hal Bromm see potential for virtual tours, studio visits, and previewing artworks in situ, while adviser India Price notes that seeing works at scale in one's own space could boost buyer confidence. However, Martin Murphy of Ringling College of Art and Design argues that practical barriers—such as device personalization and generational divides—may limit adoption among traditional collectors.

newspaper The Art Newspaper open_in_new Read original

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