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paint drippings art industry news jan 9

This week's art industry roundup covers a postponement, financial losses, legal disputes, and leadership changes. New Jersey's Art Fair 14C has been postponed to May 2027, with organizers citing capacity issues unrelated to market conditions. Bonhams reported a 90% pre-tax loss jump to £213 million in 2024 due to impairment charges. A rediscovered Watteau drawing will be auctioned at Christie's Paris, and personal items of Jimmy and Rosalynn Carter are featured in Christie's 'American Collector' sales. In galleries, Amy Sillman left Gladstone for David Zwirner, Trevor Paglen joined Jessica Silverman, and Maya Hewitt joined Theta. The Louvre partially closed after a staff strike demanding director Laurence des Cars' resignation and reassessment of a renovation plan. Belgium's plan to dismantle Antwerp's M HKA museum has sparked resignations and backlash. New appointments include Will Cary as COO of the Barnes Foundation and Patton Hindle as director of arts at the Knight Foundation. MATHAF museum in Doha announced a campus expansion by architect Lina Ghotmeh. Legal disputes emerged between Gian Enzo Sperone and Angela Westwater over the shuttered Sperone Westwater gallery.

picasso global raffle alzheimers research christies

A charity raffle organized by France's Fondation Recherche Alzheimer offers participants the chance to win a Pablo Picasso painting valued at €1 million ($1.2 million) for a €100 ticket. The work, a 1941 gouache on paper titled *Tête de femme*, will be drawn on April 14, 2026, at Christie’s Paris. The raffle is the third of its kind involving a Picasso to support charitable causes, following previous editions in 2013 and 2020 that each raised €5 million for different organizations. The initiative was spearheaded by French TV host Péri Cochin, with the support of the artist's late son Claude Picasso.