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british taxpayers to underwrite 1 billion loan to cover bayeux tapestry while its shown in the uk

France’s Bayeux Tapestry will be loaned to the British Museum in 2026, with the UK Treasury providing an indemnity guarantee of approximately £800 million ($1 billion) to cover potential damage or loss during transport and display. The guarantee, part of the UK government’s indemnity scheme, is a contingent liability—no upfront payment is required unless something goes wrong. The tapestry will travel by truck via the Channel Tunnel in a specially designed crate, displayed behind protective screening, and remain in London until July 2027. The loan is part of a broader cultural agreement between Britain and France, announced by President Emmanuel Macron during his July state visit to London.

artists business art

Artnet News asked several working artists—Manuel Mathieu, Hanna Salomonsson, Aki Sasamoto, Nigel Hall, Sharmistha Ray, and Miljohn Ruperto—to share the practical and philosophical lessons that sustain their creative practices. Topics include building trust with collaborators, navigating financial uncertainty, setting up shared studio spaces, using recycled materials, maintaining optimism at age 82, reframing rejection, and adapting to the expectation that artists must act as entrepreneurs before their first gallery show.

sargent monet rodin

The Musée d'Orsay has launched a landmark exhibition titled "Sargent: Dazzling Paris," marking the centenary of John Singer Sargent's death and focusing on his formative decade in 19th-century Paris. The show highlights Sargent's early friendships with artists like Monet and Rodin, his training under Carolus-Duran, and key portraits such as those of Fanny Watts and Madame X, the latter of which caused a scandal that drove him to London. The article also features five portraits that illuminate Sargent's artistic circles in Paris.

auctioneers jewelry evening sales

Sotheby's held its inaugural evening sale at the Breuer building, featuring the Contemporary and the Now sale. Auctioneer Oliver Barker achieved $527.5 million in sales, surpassing the pre-sale low estimate of $379 million. The highlight was Gustav Klimt's portrait of Elisabeth Lederer, which sold for $236.4 million, setting an auction record for Klimt and becoming the second most expensive work ever sold at auction. During the sale, auctioneer Phyllis Kao wore a David Webb necklace from the mid-1980s, featuring carved emeralds, rubies, and cabochon sapphires, which was on view and available for private sale at Sotheby's retail salon in the Breuer lobby.

ultra contemporary chinese artists market

The article analyzes the auction performance of Chinese artists born after 1990 (post-90s) in the first half of 2025, based on data from the Artnet Price Database and the Artnet Intelligence Report. It highlights a shift from short-term speculation to longer-term competition, with the market showing more robust structure including stratified pricing and wider transactional geography. Key figures include Li Hei Di, whose large-scale painting sold for HK$2.67 million at Sotheby’s Hong Kong, and other artists like Zhang Zipiao, Yuan Fang, and Wang Qianyao achieving consistent mid-range prices between HK$300,000 and HK$800,000. Sales in Hong Kong reached HK$12.4 million, while artists also entered Western markets in New York and London.

artnews awards 2025 jury

The second annual ARTnews Awards have announced their 2025 winners, selected by a jury of five esteemed US-based curators: Ryan N. Dennis (Co-Director & Chief Curator, Contemporary Arts Museum Houston), Anne Ellegood (Executive Director, Institute of Contemporary Art, Los Angeles), Rosario Güiraldes (Curator of Visual Arts, Walker Art Center, Minneapolis), Ruba Katrib (Chief Curator and Director of Curatorial Affairs, MoMA PS1, New York), and Victoria Sung (Phyllis C. Wattis Senior Curator, Berkeley Art Museum and Pacific Film Archive). These jurors reviewed exhibitions held between August 2024 and July 2025, meeting twice alongside two ARTnews senior editors to nominate and select winners across six categories.

magrittes empire of light history

René Magritte’s *L’empire des lumières* series, comprising 17 oil paintings and 10 gouaches created between the late 1940s and early 1960s, juxtaposes a nocturnal street scene with a bright daytime sky. The article explores the origins, meaning, and market performance of these works, noting that they were inspired by a line from André Breton’s poem *L’Aigrette* and reflect Magritte’s own Brussels neighborhood. Recent auction sales have shattered records, including a 1954 version that sold for $121.2 million at Christie’s New York in November 2024, making it the most expensive Surrealist artwork ever sold at auction.

richard hambleton

Richard Hambleton, the Canadian street artist known as the "Godfather of Street Art," is the subject of a new feature by Sphere Gallery, which has championed his legacy. The gallery, founded in New York in 2015 and now based in Laguna Beach, California, specializes in artists who shaped contemporary visual culture, including Hambleton. The article highlights Hambleton's early "Image of Mass Murder" body outlines from the 1970s and his iconic "Shadowman" paintings from the early 1980s, which appeared in cities worldwide. It also discusses his relationships with Andy Warhol, Jean-Michel Basquiat, and Keith Haring, as seen in his 2016 work *The Four Friends*. Gallery founder Philippe Hoerle-Guggenheim shares his personal encounters with Hambleton's work and explains why the "Shadowman" series remains significant for its raw, psychological intensity and its embodiment of 1980s New York City.

guggenheim abu dhabi basquiat warhol

The chairman of Abu Dhabi's department of cultural tourism, Mohamed Khalifa Al Mubarak, revealed at a recent briefing that the Guggenheim Abu Dhabi, designed by Frank Gehry and set to open in 2026 on Saadiyat Island, will feature Western masters like Jean-Michel Basquiat, Jackson Pollock, Mark Rothko, and Andy Warhol alongside lesser-known contemporary artists from Asia, Africa, and the Arab world. The museum, originally announced two decades ago and delayed multiple times, will also incorporate augmented reality and artificial intelligence to enhance visitor engagement, and will include music, food, and dance as part of its civic space concept.

new york auctions recap

New York's marquee auction week delivered strong results, with Sotheby's and Christie's posting combined sales of nearly $2 billion. Sotheby's achieved a record $706 million evening at its new Breuer Building headquarters, driven by the Leonard Lauder estate sale, while Christie's $690 million 20th-century sale was up 41.9% from last November. Gustav Klimt's *Portrait of Elisabeth Lederer* sold for $236.4 million, setting a new auction record for the artist and becoming the most expensive Modern artwork ever sold at auction. Frida Kahlo's *El Sueño (La Cama)* fetched $54.7 million, a record for a work by a woman artist at auction.

art market minute nov 24

Last week's New York marquee auctions saw record-breaking sales and billions of dollars in transactions, providing a much-needed boost of confidence after nearly three years of market contraction. The article reviews top sales and notable flops from the week, analyzing how these results are shaping the current market outlook.

sothebys lauder day sale

Sotheby's held a day sale on Wednesday featuring 30 works from the collection of cosmetics heir Leonard Lauder, generating $3.84 million against an estimate of $2.22 million to $3.29 million. The sale followed a strong Tuesday auction led by a Gustav Klimt portrait from Lauder's collection that achieved the second-highest price ever for an artwork at auction. Standout results included works by Dorothea Rockburne, Elizabeth Murray, and Lyonel Feininger that far exceeded their estimates, while a Claes Oldenburg sculpture sold for $444,500, the top price of the day.

christies 20th century art november new york by the numbers

Christie’s fall auction season in New York opened with a robust evening sale of 20th-century art on Monday night at Rockefeller Center, achieving a total of $690 million after fees. The sale featured an 18-lot offering from the private collection of Robert and Patricia Weis, followed by the main 20th-century auction. The top lot was Mark Rothko’s *No. 31 (Yellow Stripe)* (1958), which sold for $62 million, while Claude Monet’s *Nymphéas* (1907) brought $45.5 million. The sale had a 95 percent sell-through rate, with 55 of 80 lots guaranteed, and strong in-person bidding provided a boost of market confidence after months of art fair cancellations and gallery closures.

amoako boafo red dress consignor jesse williams

An Amoako Boafo painting, *Red Dress* (2017), has been consigned to Phillips’s upcoming modern and contemporary art day sale by actor and ARTnews Top 200 collector Jesse Williams. The work, estimated at $150,000 to $200,000, depicts Thelma Golden, director of the newly reopened Studio Museum in Harlem. It was previously featured in Boafo’s 2022 solo exhibition “Soul of Black Folks” at the Contemporary Arts Museum Houston. This marks another instance of a work from Williams’s collection appearing at Phillips, following a Noah Davis painting consigned by his ex-wife in 2024.

victoria albert east museum to open olympic park london

London's Victoria and Albert Museum has announced that its new branch, V&A East Museum, will open to the public on April 18, 2026. The five-story building, designed by Irish architecture firm O'Donnell + Tuomey, is located in Queen Elizabeth Olympic Park and will feature exhibitions, live events, site-specific commissions, and performances. The V&A East Storehouse, designed by Diller Scofidio + Renfro, opened earlier this year and offers free behind-the-scenes access to over half a million objects and books from the V&A's collections. Artists Tania Bruguera, Carrie Mae Weems, Rene Matić, and Thomas J. Price have been commissioned to create new works for the museum.

canal projects art space new york closing

Canal Projects, a nonprofit art space in New York's Tribeca neighborhood, announced it will close its physical location on May 23, 2026, after just four years of operation. The organization will pivot to a grant-making model, allocating $3 million over three years to support arts projects, including Ayoung Kim's upcoming exhibition at MoMA PS1. The decision was driven by the high costs of maintaining an outdated building and a desire to redirect resources toward direct financial support for artists. The space, launched in 2022 by the YS Kim Foundation, hosted notable shows by artists such as Karimah Ashadu, Sin Wai Kin, Candice Lin, Geumhyung Jeong, and Seung-taek Lee. Artistic director and curator Summer Guthery departed at the end of March 2025. The final exhibition will feature Jakkai Siributr, opening January 30, 2026.

joan weinstein vice president getty wide program planning

The Getty has appointed Joan Weinstein, current director of the Getty Foundation, to the newly created role of vice president for Getty-wide program planning. Weinstein will continue as foundation director until a successor is named, and in her new position she will develop strategy across the institution’s four divisions: the Museum, Research Institute, Conservation Institute, and Foundation, focusing on art historical scholarship and community partnerships. She is best known for co-directing PST ART, a major Southern California cultural collaboration, and has overseen significant relief funds for artists affected by wildfires and the COVID-19 pandemic.

hidden portrait beneath vermeer girl with the red hat

During the pandemic, the National Gallery of Art in Washington, D.C., used advanced imaging techniques to analyze four paintings attributed to Johannes Vermeer. Beneath the surface of *Girl with the Red Hat* (ca. 1669), conservators discovered an underpainting of a man in a wide-brimmed hat and tasseled collar, dated to 1650–55. Initially thought to be by an unidentified artist, further study suggests the underpainting may be Vermeer’s own work, making it his earliest known painting and his only known male portrait. However, specialists caution that the theory has not been proven or denied, and the hidden portrait could alternatively be by Carel Fabritius, with Vermeer painting over it.

jackson pollock manganese blue

A scientific paper published in PNAS reveals that Jackson Pollock's 1948 masterpiece *Number 1A* contains an extinct variety of manganese blue paint. Using Raman spectroscopy, researchers from Stanford University, City College of New York, and MoMA's conservation department identified the synthetic pigment, which was popular in the 20th century but phased out in the 1990s due to environmental concerns.

chiwoniso kaitano macdowell director newsmakers interview

Chiwoniso Kaitano, executive director of MacDowell since 2023, discusses the oldest continuously operating artist residency in the United States in an ARTnews interview. She highlights MacDowell's 118-year history, its seven artistic disciplines, and its mission to provide a sanctuary for artists. Kaitano, who previously led arts education nonprofits Girl Be Heard and Ifetayo Cultural Arts Academy, is working to raise MacDowell's profile and bring artist residencies back to the center of art world discourse.

clearing gallery closes

Clearing, a New York-based gallery known for launching the careers of artists like Korakrit Arunanondchai, Harold Ancart, and Marguerite Humeau, has permanently closed its spaces in New York and Los Angeles after 14 years. Founder Olivier Babin cited an unsustainable path forward, stating the gallery could no longer operate at its standards. The closure follows a wave of New York gallery shutdowns, including Blum, Venus Over Manhattan, and Kasmin, which is transitioning into a new entity called Olney Gleason. Clearing’s final exhibitions were solo shows by Coco Young in New York and Henry Curchod in Los Angeles.

rosa barba wins the zurich art prize 2026

Sicily-born, Berlin-based installation artist Rosa Barba has been named the 19th winner of the Zurich Art Prize, awarded by Museum Haus Konstruktiv and Zurich Insurance Group Ltd. The prize includes 100,000 CHF ($124,000) toward a show at the museum and an additional 30,000 CHF ($37,000). Barba’s conceptual installations combine film, sculpture, and sound to explore time, space, and human impact on the natural world. She recently presented the cinematic installation “The Ocean of One’s Pause” at the Museum of Modern Art in New York.

studio museum in harlem opening date new building november

The Studio Museum in Harlem will open its new building on Saturday, November 15, with a Community Day celebration, after being closed since 2018. Designed by Adjaye Associates, the 82,000-square-foot, seven-story structure features 14,000 square feet of exhibition space, expanded studios for its Artist-in-Residence program, and dedicated education areas. The reopening includes four exhibitions, two site-specific commissions, and reinstallations of iconic works, including a survey of Tom Lloyd, the subject of the museum's first exhibition in 1968. The museum has also updated its hours and admission policies, offering free entry on Sundays.

med school class university alabama birmingham art

The University of Alabama at Birmingham School of Medicine has launched a new course, "Prescribing Art: How Observation Enhances Medicine," in collaboration with the Abroms-Engel Institute for Visual Arts and the Birmingham Civil Rights Institute. The course tasks junior- and senior-level medical students with analyzing famous artworks by artists including Michelangelo, Paul van Somer, Sir Luke Fildes, Mary Cassatt, and David Levinthal to improve their observational skills and address biases in health care. Developed by associate professor Stephen Russell, the course is an updated version of a 2011 program based on a Yale seminar, expanded this year to focus on bias and tolerance of ambiguity amid the COVID-19 pandemic.

eames institute opens permanent space

The Eames Institute of Infinite Curiosity has opened a permanent gallery space in Richmond, California, showcasing the work of designers Charles and Ray Eames. The gallery features over 40,000 items curated by Llisa Demetrios, the Eameses' granddaughter and chief curator, including plywood sculptures exhibited at MoMA in 1944, chairs, prototypes, and ephemera that illustrate the couple's design process. The space also houses the Institute's headquarters and archive, with rotating displays planned as new discoveries are made.

vermeer the street new research

The Rijksmuseum's 2023 Vermeer exhibition, which brought together 28 of the artist's 34 surviving paintings, was a historic success, drawing 650,000 visitors and inspiring extensive new research. A new book, *Closer to Vermeer*, presents findings from advanced imaging techniques and archival studies, revealing that Vermeer made significant changes to 30 of his paintings. For example, in *The Little Street* (1658–59), the door was originally painted shut, the children were absent, and the woman was positioned differently, showing how Vermeer deliberately opened the scene to viewers. Other alterations include modifications to *The Milkmaid* (1657–58) and *Diana and her Nymphs* (1653–54).

ulay wins case regarding against former collaborator marina abramovic

A Dutch court has ordered performance artist Marina Abramović to pay her former collaborator Ulay (Ulay Laysiepen) over €250,000 ($280,500) for violating a 1999 contract regarding joint works created between 1976 and 1988. The court ruled that Ulay is entitled to 20 percent net royalties on sales of those works, plus €23,000 in legal costs. Ulay had accused Abramović of failing to provide accurate sales statements and making only four payments over 16 years. The case stems from their decade-long artistic and romantic partnership, which ended in 1988 with their famous walk on the Great Wall of China.

art basel 2025 blue chip galleries sales trend

ARTnews analyzed publicly reported sales from five blue-chip galleries—Hauser & Wirth, Pace, Thaddaeus Ropac, White Cube, and David Zwirner—at Art Basel 2025, finding a combined total over 35% lower than in 2024, around 8% below 2023, and just over 20% down from 2022. The high-water mark was $204 million in 2024, boosted by eight-figure works from Hauser & Wirth. Meanwhile, the number of artists sold by these galleries rose steadily from 109 in 2022 to 157 in 2025, indicating a shift toward broader, less concentrated inventory. Dealers reported mixed sentiments, though seven-figure deals still occurred, and some noted that market uncertainty has led to more scattershot presentations with wider price ranges.

romare bearden catalogue raisonne

The Wildenstein Plattner Institute (WPI) has released the first online tranche of the Romare Bearden Catalogue Raisonné Project, covering over 200 works from 1964 to 1969—a pivotal period when Bearden honed his signature collage style. The free digital publication fills a long-standing gap for the canonical Black American artist, who died in 1988, and includes works verified by an anonymous committee of experts, with a verified icon for examined pieces.

louvre launches design contest for 400 million expansion including a new room for mona lisa

The Louvre Museum in Paris has announced an architectural competition for a €400 million ($417 million) expansion, which includes a dedicated underground gallery for Leonardo da Vinci's *Mona Lisa* and a new entrance on the eastern facade near the Seine River. The project, dubbed a "New Renaissance" for the Louvre, follows a staff strike over overcrowding and an internal memo from director Laurence des Cars citing crumbling infrastructure. A 21-person international jury will select the winning design in October, with the aim of easing congestion at I.M. Pei's iconic glass pyramid entrance and providing a separate timed-entry space for the *Mona Lisa*.