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trending_up market schedule Apr 30, 2026 visibility 9 link 17 artists, 1 gallery

Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 1, 2026 visibility 4 link 2 artists, 1 gallery

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 30, 2026 visibility 3 link 13 artists, 2 galleries

Klimt, Modigliani, and Freud Lead $200M Lewis Collection at Sotheby’s London

Sotheby’s London will auction a collection of 50 masterpieces from billionaire Joe Lewis and his daughter Vivienne in June 2025, expected to exceed $200 million. Highlights include Gustav Klimt’s 1902 portrait of Gertha Felsőványi (estimate £20–30 million), Lucian Freud’s never-auctioned *Woman in a Grey Sweater* (1988), and Amedeo Modigliani’s *Homme à la Pipe* (1918), making its auction debut after 45 years unseen. The sale follows a successful March auction of School of London works from the same collection, which brought $47.7 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 30, 2026 visibility 2 link 1 artist

Artnet et Artsy amorcent leur intégration

Artnet and Artsy, both acquired in 2025 by British fund Beowolff Capital, are beginning their integration under a shared management structure while maintaining separate brands and websites. The reorganization has already involved job cuts and aims to more closely align market data, online visibility, and transactions amid a fragile online art sales environment.

newspaper Le Journal des Arts open_in_new Read original

trending_up market schedule Apr 28, 2026 visibility 4

What Every Collector Should Know About Buying Performance Art

Artsy Editorial explores the complexities of collecting performance art, explaining that ownership typically involves acquiring documentation, scores, or rights to reactivate a performance rather than the live event itself. The article outlines how artists, dealers, and collectors navigate transactions for this ephemeral medium, addressing the challenges of preservation, display, and market value.

newspaper Artsy Editorial open_in_new Read original