frieze seoul asian galleries asia pivot

Frieze Seoul returns for its fourth edition at Coex from September 3 to 6 with 120 galleries, maintaining last year's scale. Asian galleries now represent 64 percent of exhibitors, up from 48 percent, signaling a stronger regional identity. Notable non-returning galleries include Blum, Karma, and Neugerriemschneider. Meanwhile, Kiaf Seoul will run concurrently with 176 exhibitors, and Art021 Group suspended its 2025 Hong Kong show after a single edition. Gallery Weekend Beijing concluded its ninth edition with a new invitation-only model, and several Asian-rooted artists are featured in London Gallery Weekend. New institutions opened, including the Photography Seoul Museum of Art and the Naoshima New Museum of Art, while the inaugural Bukhara Biennial program was announced.

art dubai digital

Art Dubai became the first major art fair to launch a dedicated digital art section in 2022, inspiring similar initiatives at Paris Photo and Art SG. Now in its fourth year, Art Dubai Digital is thriving in the Gulf region, where cities like Dubai and Abu Dhabi have heavily invested in emerging technologies, including the Dubai A.I. campus, the Museum of the Future, and teamLab Phenomena. The fair has attracted tech entrepreneurs and crypto investors, and Sotheby's recent decision to accept cryptocurrency in Saudi Arabia reflects growing infrastructure for digital art transactions. However, the question remains whether digital art can appeal to traditional collectors or will remain a separate market.

Is the art market slump over?

Ist die Flaute im Kunstmarkt vorbei?

The New York spring auctions saw explosive top prices, with Jackson Pollock's drip painting "Number 7A" (1948) selling for $181.2 million at Christie's, making it the fourth most expensive artwork ever auctioned. Christie's evening sales alone generated $1.1 billion, including $630.8 million from 16 works from the S.I. Newhouse collection. Sotheby's opened the season with a Mark Rothko from the estate of dealer Robert Mnuchin, achieving $85.8 million, while Phillips sold all 40 lots for $115 million, double the previous year. Younger artists like Joseph Yaeger also saw prices far exceed estimates.

Frieze Seoul’s fourth edition takes on tariffs and a tough market

The fourth edition of Frieze Seoul (3-6 September) will host around 120 galleries at the Coex convention centre in Gangnam, including mega-galleries like Gagosian, Hauser & Wirth, Pace, David Zwirner, and White Cube. The fair welcomes about 20 new exhibitors, such as 10 Chancery Lane Gallery and de Sarthe from Hong Kong, The Breeder from Athens, Carvalho from New York, Make Room from Los Angeles, and Ota Fine Arts from Tokyo. However, more than 40 galleries are not returning, including Karma, Mariane Ibrahim, Michael Werner, and Neugerriemschneider. The event unfolds amid significant political and economic turbulence in South Korea, including the impeachment of former president Yoon Suk Yeol after a martial law declaration, the election of new President Lee Jae Myung, and ongoing tariff negotiations with the United States, all contributing to a climate of uncertainty.

From PBS to Priceless: Bob Ross Paintings Smash Auction Records

Bob Ross paintings shattered auction records at Bonhams New York's American Art Online auction (July 28–August 7, 2025). Two mountain landscapes by the beloved "The Joy of Painting" host sold for $95,750 and $114,800, with the latter more than doubling its high presale estimate. The previous record of $69,300 had been set just weeks earlier at Eldred's auction house for a painting originally purchased for $250 at a PBS auction in the 1980s.

New Seoul art fair HIVE drops booth fees in market experiment

The inaugural HIVE Art Fair in Seoul, opening May 21 at COEX Magok, is testing an alternative business model that eliminates fixed booth fees. Instead, galleries can choose which services and installations to pay for through a "selective purchase system," with the fair relying on ticket sales, corporate partnerships, and promotional lounges for revenue. The fair features 48 galleries (36 South Korean, 12 international) and 158 artists, with no overlapping artists between galleries, and will display exhibition titles and curatorial statements alongside gallery names.