Robert Therrien Estate Leaves Gagosian for David Zwirner, Olney Gleason Now Represents Jill Magid, and More: Industry Moves for May 6, 2026

The ARTnews article reports a series of significant gallery representation changes and industry moves in the art world as of May 6, 2026. Key shifts include the Robert Therrien Estate leaving Gagosian for David Zwirner, Olney Gleason now representing Jill Magid, and several other artists—Tianyue Zhong, Africanus Okokon, Seung Ah Paik, Khalif Tahir Thompson—joining or switching galleries. Miriam Machado has been named director of the Patricia and Phillip Frost Art Museum. The article also notes the rising costs and commercial realities of staging exhibitions at the Venice Biennale, including a Christie's selling show at Palazzo Ca' Dario.

olivia barrett chateau shatto

Olivia Barrett, co-founder of the Los Angeles gallery Château Shatto, is pivoting her business strategy to navigate a cooling art market and a post-boom landscape in Southern California. After moving to the Melrose Hill art corridor, Barrett is shifting away from the high-velocity art fair model to focus on a more curated, historical program. This includes integrating 20th-century estates and secondary-market works from artists like Alice Rahon and Emily Kam Kngwarray alongside contemporary voices like Aria Dean.

art sg 2026 sales report

ART SG concluded its 2026 edition at Singapore’s Marina Bay Sands with steady sales and a reported attendance of 43,000 visitors. While the fair lacked the million-dollar trophy sales seen in previous years, blue-chip galleries like Thaddaeus Ropac and White Cube reported significant transactions, including a £475,000 Raqib Shaw painting and a sell-out presentation of Lee Bae works by Johyun Gallery totaling $2.76 million. The event also featured a strategic partnership with S.E.A. Focus, integrating the boutique fair into the main hall to highlight regional talent.

art basel digital art

Art Basel Miami Beach 2025 launched a new digital art section called Zero 10, featuring works like Beeple's robotic dogs with billionaire heads and Tyler Hobbs' generative art. The fair aimed to attract tech-sector buyers, with sales including IX Shells' interactive video installation for $140,000 and Jack Butcher's pay-what-you-wish installation drawing hundreds of new collectors. The section had surprisingly few screens, emphasizing conceptual engagement over spectacle.

jet le parti on founding sibyl a new model of art intelligence and hub for collecting

Self-taught artist Jet Le Parti has launched Sibyl, a Los Angeles-based cultural platform and research-led advisory that operates outside the traditional gallery system. Drawing on his background in neuroscience and philosophy, Le Parti developed Sibyl as an extension of his independent practice and previous ventures like Base 36 and Relaispunkt. The platform functions as a private collection and advisory service, leveraging direct relationships with collectors to bypass traditional intermediaries and formalize a network built on artistic trust.

berkeley art museum women artists gift

The Berkeley Art Museum and Pacific Film Archive (BAMPFA) has secured a major promised gift of over 150 modern and contemporary artworks from collectors Penny Cooper and Rena Rosenwasser. This significant bequest focuses exclusively on women artists, featuring works by major figures such as Louise Bourgeois, Julie Mehretu, and Kara Walker. To celebrate the acquisition, the museum is launching "Rhapsody: Works from the Cooper Rosenwasser Collection," an exhibition showcasing 65 pieces that trace the impact of second-wave feminism on artistic production.

crystal bridges art bridges horseman collection native art

Crystal Bridges Museum of American Art and the Art Bridges Foundation in Bentonville, Arkansas, have acquired 90 works of contemporary Native art from the John and Susan Horseman Collection. The acquisition includes pieces by prominent Indigenous artists such as Kent Monkman, Jaune Quick-to-See Smith, Kay WalkingStick, and Cannupa Hanska Luger. Nine works will go to Crystal Bridges, while the remaining 81 will join Art Bridges' collection, which now totals around 250 works, with Native art making up a third. The works will be displayed in upcoming exhibitions at the Alice L. Walton School of Medicine and Crystal Bridges' expanded campus, with loans to partner institutions planned.

Digital art is going mainstream

Digital art has achieved mainstream acceptance in the art world, ranking third in total spending among high-net-worth collectors after painting and sculpture, according to The Art Basel and UBS Survey of Global Collecting 2025. Over half of the 3,100 respondents purchased a digital artwork in 2024 or 2025, and the average share of digital art in collections rose from 3% in 2024 to 13% in 2025, signaling a maturation beyond the NFT boom of 2022. Art Basel is launching a new section called Zero 10 at Miami Beach 2025, featuring 12 exhibitors including AOTM, bitforms gallery, and Pace Gallery, with an interactive installation by Beeple. Major museums like MoMA, Tate Modern, and Centre Pompidou have hosted significant digital art exhibitions, further boosting collector confidence.

Why global museums like LACMA are turning their attention to India’s art market

Global museums like LACMA are increasingly turning their attention to India’s art market, which has matured significantly in recent years. This is evidenced by heightened interest from international galleries and institutions in Indian art fairs, high auction prices for works by the Bombay Progressives, and growing global engagement with events such as Art Mumbai.

Why the Photo Market Is Moving Closer to Painting, With Unique Works Leading the Way

Artnet Auctions has launched its Spring Photographs sale, running through April 16, 2026, featuring works by blue-chip artists such as Peter Beard, Adam Fuss, and Diane Arbus. The auction highlights a significant shift in the photography market toward unique, one-of-a-kind works—including photograms, hand-painted images, and collages—that blur the lines between photography and painting. This trend is evidenced by increasing auction prices, with several works recently crossing the $1 million and $2 million thresholds.

Christie’s to hold its first South Asian Modern art sale in London in seven years

Christie's auction house is launching a major sale titled 'Sublime Shadows' in London on June 11, featuring 93 works of South Asian Modern and contemporary art from an anonymous private collection. This marks the auction house's first dedicated South Asian Modern art sale in London since 2019, highlighting a surge in market activity and curatorial interest for the category.

Twenty Billion Won for a Single Dot: Lee Ufan Masterpieces Head to Auction

South Korea’s leading auction houses, K Auction and Seoul Auction, are headlining their February sales with monumental works by Lee Ufan. Two rare, large-scale 'Dialogue' canvases featuring the artist's signature minimalist dots are expected to fetch significant sums, with estimates reaching up to 2.4 billion won. The auctions also feature major works by other Korean masters, including an early 1955 painting by Kim Tschang-yeul and a blue monochrome piece by the late Chung Sang-Hwa.

5 Artists to Discover at Art Mumbai 2025

Art Mumbai returned for its third edition at the Mahalaxmi Racecourse on November 13, 2025, with 82 galleries—up from 50 in 2023—including international participants like Galleria Continua and Lisson Gallery. The fair saw strong sales on VIP day, with most leading Indian galleries selling the majority of their displays. Notable collectors Kiran Nadar and Kito De Boer participated in a fireside chat, where Nadar outlined plans to open a new museum space in New Delhi by early 2028. The article highlights five emerging artists to discover, including Neha Vedpathak, who uses a self-invented "plucking" technique with handmade Japanese paper.

Drawing attention

Collector Patricia Poon and artist Angel Hui are among the figures highlighted in a series examining how Hong Kong women artists are gaining market share and recognition. The article reports that major auction houses Christie's, Sotheby's, and Phillips have moved their Asia headquarters to Hong Kong and now employ young women in key auctioneering roles. It notes a sharp increase in women artists featured in Chinese auctions, from 79 in 2019 to 231 in 2024, with 201 of those in Hong Kong. Works by artists like Firenze Lai, Elaine Chiu, and Kristy M Chan have performed strongly at auction, and Phillips has made promoting Hong Kong women artists a key priority.

How Art Firms Are—or Should Be—Using A.I. Right Now

Art firms are increasingly experimenting with artificial intelligence, but concrete use cases remain limited and industry-specific tools are still in their infancy. A new partnership between Bonhams and tech company ARTDAI aims to apply AI to market analytics, valuation, and specialist research, while companies like Artsy and Artnet are integrating AI capabilities into their platforms. Industry experts, including former Art Basel chief Marc Spiegler, note that the art market's small size has historically discouraged tech development, but AI now makes high-performance tools accessible to smaller businesses.

jonathan carver moore profile fog art fair

Jonathan Carver Moore, founder of an eponymous gallery in San Francisco, is presenting a solo booth of new paintings by Cameroonian-born artist Sesse Elangwe at the FOG Design + Art Fair. The works, developed during a residency with the gallery, depict local Bay Area subjects against recognizable backdrops. Moore, who opened his gallery in 2023 after a career in nonprofit communications and criminal justice reform, emphasizes creating an inclusive, conversational atmosphere for art viewing and collecting.

Art Basel Miami Beach aims to ‘end the year on a high note’

Art Basel Miami Beach (ABMB) opens amid a still-sluggish global art market, with sales at live events yet to recover to pre-pandemic levels. Director Bridget Finn expresses optimism following strong sales at Art Basel Paris in October, noting that gallerists and collectors were energized. The fair introduces structural changes, including relocating the Nova and Positions sections to the east entrance to spotlight emerging galleries, and launching Zero 10, a platform for digital art. Seven local Miami galleries are participating, with Nina Johnson making her ABMB debut. Despite a few longtime exhibitors withdrawing, Finn attributes this to galleries being more selective across Art Basel's five global fairs, including a new Qatar edition in 2026.

Millon Takes Over Pierre Bergé & Associés

Millon reprend Pierre Bergé & Associés

The Millon Auction Group has acquired Pierre Bergé & Associés (PBA), becoming the sole shareholder of the historic house founded in 2002. This acquisition follows a turbulent period for PBA, which was placed in receivership in 2023 and briefly owned by Alexandre Landre after being embroiled in a high-profile antiquities trafficking scandal. Under the leadership of Alexandre Millon and newly appointed Managing Director Marc Chochon, the firm plans to return to Drouot and focus on prestigious collections and rare books.

Hong Kong’s live art auctions are thriving thanks to Picasso and Nara

Hong Kong’s art auction market opened 2025 with significant momentum, characterized by a shift toward high-quality, museum-grade works and selective collecting. Major auction houses like Christie's, Bonhams, and Phillips reported strong results for blue-chip artists, highlighted by the sale of Pablo Picasso’s "Buste de Femme" for HK$196.75 million. While the market has become more deliberate, the demand for rare, impeccably sourced pieces by both Western masters and Asian contemporary icons remains robust.

Beowolff Combines Artsy and Artnet in Digital Art Market Push

Beowolff Capital has consolidated two of the art world’s digital giants, Artsy and Artnet, under a single ownership structure. While both platforms will maintain their distinct brand identities, they will begin integrating their underlying infrastructure and data systems. Jeffrey Yin, the current leader of Artsy, will take the helm as CEO of the combined entity, with Beowolff founder Andrew Wolff serving as chairman.

Phillips claims stake in South Asian market with London exhibition

Phillips auction house has launched a selling exhibition titled "Crossing Borders" at its Berkeley Square location in London, featuring 64 South Asian Modernist artists including Bhupen Khakhar, Huma Bhabha, Rasheed Araeen, and Nilima Sheikh. The show, organized in collaboration with Grosvenor Gallery, includes major market figures like S.H. Raza and F.N. Souza alongside lesser-known names such as Ahmed Parvez and Viswanathan. Prices range from £5,000 to £1.5 million, with works jointly consigned and profits shared between Phillips and Grosvenor. The exhibition marks Phillips' most significant entry into the South Asian art market, a sector long dominated by Sotheby's, Christie's, and Bonhams.

sothebys art backed securitization collectible cars 900 million

Sotheby's Financial Services has priced a $900 million securitization deal backed by loans secured against artworks and, for the first time, collectible cars. The transaction bundles hundreds of loans, using the assets as collateral, and sells bonds representing the future loan payments to institutional investors, providing Sotheby's with upfront capital to issue new loans.

Central Chidlom's 'Art Department' auction promises a new experience

The Art Auction Center is hosting a major auction titled "Art Department" at the Central Chidlom department store in Bangkok, featuring over 130 artworks. The event aims to democratize the auction experience by integrating masterpieces and contemporary works into a retail lifestyle setting, moving away from traditional, formal auction environments.

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.