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trending_up market schedule Apr 14, 2026 visibility 66 link 34 artists, 9 galleries

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 1, 2025 visibility 26 link 15 artists, 4 galleries

a tale of four cities

Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 20, 2026 visibility 45 link 7 artists, 7 galleries

Dealer Matthew Brown More Than Doubles His Los Angeles Space with Move to Hollywood Media District: ‘I Really Believe in LA’

Los Angeles art dealer Matthew Brown is relocating his gallery to a significantly larger, 13,000-square-foot former warehouse in the Hollywood Media District. The new space, designed by architect Markus Dochantschi, more than doubles his exhibition area and includes offices, viewing rooms, and storage. The inaugural exhibition will feature artist Mimi Lauter, marking her first Los Angeles show in eight years.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 4, 2025 visibility 25 link 12 artists, 4 galleries

blum a market force for three decades will close galleries

Blum gallery, a powerhouse with locations in Los Angeles and Tokyo, is closing its brick-and-mortar operations after 31 years. Founded as Blum and Poe in 1994, the gallery laid off most of its staff and will transition to a flexible studio model with no permanent public space or formal artist roster. The gallery represents high-profile artists including Yoshitomo Nara and Mark Grotjahn, whose works have sold for over $10 million. Co-founder Jeff Poe left the partnership two years ago, leaving Tim Blum in control alongside managing partner Matt Bangser.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 12, 2026 visibility 15 link 4 artists

Kruso Art in the former Cinema De Amicis and advance lending on auction lots

Kruso Art has inaugurated its new Milan headquarters within the historic former Cinema De Amicis, following a six-million-euro redevelopment by Banca Sistema. The multifunctional space will host its first auction on April 15 during Milano Art Week, featuring 57 contemporary works from a private collection, including pieces by Rémy Zaugg, Giuseppe Stampone, and Darren Almond.

newspaper Il Sole 24 ORE open_in_new Read original