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Art Movements: Dozens Laid Off at Artnet and Artsy

Digital art giants Artnet and Artsy have implemented significant layoffs following their recent merger under the investment firm Beowolff Capital. The cuts, which occurred on April 16, impacted dozens of employees across both organizations, including senior editorial staff such as Sarah Cascone and Eileen Kinsella. The restructuring follows a reported 12% revenue decline for Artnet in early 2025 and involves the shutdown of Artnet's German entity as the two companies consolidate into a single team led by CEO Jeffrey Yin.

Expo 2026 Recap | Silver Room Block Party Returns | Pita Inn Opening in the City

Expo Chicago 2026 concluded with a strategic downsizing of its floor plan at Navy Pier, a move that drew praise from dealers for increasing the quality and manageability of the fair. Significant market activity was reported, including six-figure sales of works by Robert Nava and Luftwerk, alongside the distribution of the Northern Trust Purchase Prize which gifted several artworks to institutions like the Denver Art Museum and The Phillips Collection. Beyond the fair, the Illinois Arts Council announced over $325,000 in grants for public art projects commemorating the U.S. semiquincentennial.

Crown's New Art Project

Crown Equipment has announced the construction of the Modern Aboriginal Art Museum in New Bremen, Ohio, a 23,700-square-foot facility scheduled to open in late 2026. The museum will house one of North America’s largest collections of contemporary Australian Aboriginal art, featuring over 100 paintings and sculptures. The project stems from the company’s 60-year business history in Australia and follows the philanthropic model of Crown’s previous local cultural investments.

Boulder Museum of Contemporary Art Announces Date For ARTMIX 2026

The Boulder Museum of Contemporary Art (BMoCA) has announced the official date for its 2026 ARTMIX event. This signature annual fundraiser typically features a curated auction, live performances, and community engagement initiatives designed to support the museum's exhibition and education programs.