Seven-Foot-Tall Monument to Ramses II Discovered in Eastern Nile Delta Region

Archaeologists in Egypt have discovered the upper half of a 7-foot-tall statue of Ramses II at the site of Tell El-Faraoun in the eastern Nile Delta. Weighing over 5 tons, the fragment is believed to have originally been carved for a temple in the ancient capital of Per-Ramesses and was later relocated. The find was announced by the Egyptian Ministry of Tourism and Antiquities, with Hisham El-Leithy of the Supreme Council of Antiquities noting its importance for understanding how statues were moved and reused during the New Kingdom.

Comment | 'Artnet-Artsy merger: a Bloomberg for art?'

Artnet and Artsy have officially merged under private equity firm Beowolff Capital, founded by former Goldman Sachs trader Andrew Wolff. The deal, which took Artnet private, has already led to layoffs at both companies—including at least seven staff members from Artnet News—and the closure of Artnet's Berlin office. Jeffrey Yin, CEO of Artsy, will lead the combined entity. The merger aims to combine Artnet's vast database of 18 million auction results with Artsy's primary market gallery network to create a seamless user experience for discovering, researching, and buying art.

Petroglyphs and cave paintings, some more than 4,000 years old, discovered in Mexico

Archaeologists from Mexico’s Instituto Nacional de Antropología e Historia (INAH) have identified 16 petroglyphs and cave paintings near the Tula River in Hidalgo. The artworks span over 4,000 years, ranging from prehistoric times through the Mesoamerican Postclassic period and into the early colonial era. The discovery, which includes depictions of the rain god Tláloc and various anthropomorphic figures, was made during archaeological salvage work for a new passenger rail line connecting Mexico City and Querétaro.

Antwerp exhibition celebrates its homegrown fashion designers, the influential Antwerp Six

The MoMu fashion museum in Antwerp has launched a major exhibition celebrating the 40th anniversary of the "Antwerp Six," a group of influential designers who graduated from the city's Royal Academy of Fine Arts. The show focuses on the formative years between the late 1970s and mid-1980s, culminating in the 1986 London event that launched them into the global spotlight. It highlights the distinct creative identities of Marina Yee, Dries Van Noten, Ann Demeulemeester, Walter Van Beirendonck, Dirk Bikkembergs, and Dirk Van Saene, while also serving as a poignant tribute to Yee, who passed away in late 2024.

Trump's White House Ballroom Proposal Faces Criticism Over Scale

trumps white house ballroom proposal too big

President Donald Trump has proposed a massive 90,000-square-foot addition to the White House, featuring a 22,000-square-foot ballroom designed to host 1,000 guests. While the administration argues the space is necessary to replace temporary tents for state functions, the project has already led to the demolition of the East Wing and sparked significant backlash from federal planning commissions and preservation groups.

what would happen to auction houses if luxury art sales

Major auction houses including Christie's, Sotheby's, and Phillips are experiencing a significant shift as luxury goods—such as cars, watches, handbags, and jewelry—see explosive growth while fine art sales decline. In 2025, fine art sales at the 'Big Three' fell by 35% to $7.04 billion, whereas luxury auction sales rose 18% to $1.84 billion. This trend is most visible at Sotheby’s, where luxury now accounts for a third of total revenue, driven by massive private sales and strategic expansions into sectors like collector cars.

arts panel approves trumps white house ballroom plans

The Commission of Fine Arts (CFA) has bypassed standard review procedures to grant final approval for President Donald Trump’s proposed $400 million White House ballroom. The six-to-zero vote occurred after the President replaced the entire commission with allies earlier this year, following the controversial demolition of the White House’s East Wing to clear space for the project.

Israeli Authorities Plan to Seize Major Archaeological Site in West Bank, Sparking Outrage

sebastia west bank archaeological site israel palestinians

Israeli authorities have announced plans to seize a 182-hectare archaeological site in the West Bank town of Sebastia, the largest such land seizure for an archaeological project since 1967. The plan includes building a visitor center, parking lot, and a fence that would separate the site from the Palestinian town, cutting off local access to both the ruins and surrounding olive groves. The move has been denounced by Palestinian residents and officials as an aggression that threatens livelihoods and erases Palestinian identity.

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.

huge persepolis destruction

The article recounts the Sack of Persepolis in 330 B.C.E., when Alexander the Great and his Macedonian forces pillaged and destroyed the Achaemenid capital. It describes Persepolis as a marvel of ancient architecture, including the 31-acre limestone terrace, the Apadana hall with 36 columns, and the palace of Xerxes I. Ancient sources like Diodorus of Sicily and Plutarch offer conflicting accounts of the destruction—whether it was spontaneous, premeditated, or fueled by alcohol—while modern historians view it as a political act of retribution for Xerxes' attack on Athens.

andrew wolff artnet artsy future

Andrew Wolff, CEO of Beowolff Capital, has acquired Artnet and a controlling stake in Artsy, positioning himself as a key consolidator in the digital art market. In an interview tied to his inclusion in the Observer's “Art Power Index,” Wolff outlined plans to integrate data across platforms, develop AI-native tools, and create a seamless ecosystem for discovery, valuation, and transaction, aiming to empower younger collectors who favor networked, permissionless access over traditional gatekeepers.

donald trump jeffrey epstein statue returns email release

A controversial statue of Donald Trump and Jeffrey Epstein, originally titled *The Secret Handshake* and later renamed *Why Can't We Be Friends?*, has reappeared in Washington, D.C., outside the Busboys and Poets Art Cafe. The anonymous artists behind the work, which depicts the two men holding hands, timed its return to coincide with the release of a new tranche of Epstein-related emails by the House Oversight Committee. The statue first debuted on the National Mall in September but was removed by the National Parks Service for exceeding size regulations, before briefly returning. The artists have now renamed it *Best Friends Forever* and included plaques alluding to a birthday message allegedly written by Trump to Epstein.

historic preservation groups request pause on trump ballroom at the white house

Historic preservation groups, led by the National Trust for Historic Preservation, have formally requested a pause on construction of President Donald Trump's new ballroom at the White House. Demolition began on the East Wing to make way for a 55,000-square-foot addition, which the Trust argues would overwhelm the White House's classical design and disrupt its historic fabric. The letter, sent to the National Capital Planning Commission, National Park Service, and Commission of Fine Arts, urges a halt until legally required public reviews occur. The Society of Architectural Historians and the American Institute of Architects have also voiced concerns, though none of these groups hold statutory authority to stop construction.

frieze acquisition finalized mari ari emanuel

Ariel Emanuel, through his newly formed company Mari, has finalized the acquisition of Frieze, which includes its magazine, seven art fairs worldwide, and two exhibition spaces. The deal also encompasses tennis events like the Miami Open and Madrid Open, along with a majority stake in the collector car auction house Barrett-Jackson. The acquisition was first announced in May and reportedly valued at $200 million, with financial backing from investors including Apollo, RedBird Capital Partners, and the Qatar Investment Authority. Mari will be led by Emanuel and Mark Shapiro, with Simon Fox remaining as CEO of Frieze.

artnet ceo resigns handelblatt

Jacob Pabst, CEO of Artnet AG, resigned late Sunday night just before the company's annual general meeting in Berlin. His contract had expired at the end of August, and he cited a failure to reach an agreement on continuing. Andrew E. Wolff, who holds about 98.93% of Artnet shares and also owns rival platform Artsy, will serve as interim CEO. The meeting proceeded without Artnet management present, leading to criticism from investor-protection group DSW. Shareholders were given an overview of 2024 finances and approved the creation of authorized capital for a possible increase of up to 50% of share capital. Former major shareholder Rüdiger K. Weng announced he will pursue civil and criminal claims against members of the founding Neuendorf family and board members.

fed reserve interest rate cuts art market loans

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points, the first reduction since December, bringing rates to their lowest level since late 2022. Art finance experts Anita Heriot of the Fine Art Group and Joshua Greenberg of Bank of America Private Bank told ARTnews that while the cut is unlikely to create new art buyers, it could stimulate art lending and borrowing against collections, as lower rates reduce the cost of carrying debt. The move signals a potential trend of further rate declines, which may encourage collectors to reengage with the market, especially amid softening art prices.

confederate general monument reinstalled trump

The National Park Service announced it will reinstall a statue of Confederate General Albert Pike in Washington, D.C., after it was toppled and burned by protesters during the 2020 Black Lives Matter demonstrations. The agency shared an image of the bronze work being cleaned of corrosion and graffiti, citing federal historic preservation law and recent executive orders to restore pre-existing statues in the nation's capital. The statue is expected to return to public view in October, with site preparation beginning soon to repair its damaged masonry plinth.

beowolff capital artnet takeover

Investment group Beowolff Capital has announced a voluntary takeover offer for Artnet, valuing the company at approximately €65 million ($73.7 million). Beowolff Capital, a U.K.-registered firm led by CEO Andrew Wolff, has already secured 65% of Artnet's shares and plans to delist the company from the Frankfurt Stock Exchange. The deal includes the purchase of a 29.99% stake from Weng Fine Art AG, ending a long-running control struggle. Artnet's management supports the offer, which is expected to close on May 30, 2025.

frieze sale ari emanuel

Endeavor Group Holdings has sold Frieze, the company behind the influential art magazine and several international art fairs, to a new company formed by former Endeavor CEO Ari Emanuel. The deal, valued at nearly $200 million, is expected to close by the third quarter of this year. Frieze's current leadership, including CEO Simon Fox, will remain in place. The sale follows Endeavor's full privatization by Silver Lake and marks the end of a long-rumored ownership transition. Notably, two tennis tournaments initially bundled in the negotiations—Miami Open and Madrid Open—are not included in this deal.

FROM SÃO PAULO TO NEW YORK: THE MUSEUM OF ERRANCY OF ÉDOUARD GLISSANT

DE SÃO PAULO A NUEVA YORK: EL MUSEO DE LA ERRANCIA DE ÉDOUARD GLISSANT

The exhibition "La tierra, el fuego, el agua y los vientos: Por un Museo de la Errancia con Édouard Glissant" has traveled from the Instituto Tomie Ohtake in São Paulo to the Center for Art, Research and Alliances (CARA) in New York, marking its first U.S. presentation. Curated by Manuela Moscoso with Marian Chudnovsky, and building on prior work by Ana Roman and Paulo Miyada, the show engages with the philosophy of Martinican poet and philosopher Édouard Glissant, particularly his concepts of errantry, Relation, opacity, and the Tout-Monde. It centers on Glissant's unrealized idea of a museum as a fluid, porous space that resists colonial frameworks and fixed origins, featuring works by artists such as Melvin Edwards, Gerardo Chávez, and Eduardo Zamora.

Marcos Kueh in Turbulent Seas

Artist Marcos Kueh presents his solo exhibition 'Smooth Sailing' at ESEA Contemporary in Manchester. The show features new sculptures, tapestries, and a large-scale installation that reflect on the histories of Chinese labour and migration, particularly to northwest England, drawing inspiration from 19th-century trade union banners found in Manchester's People's History Museum.

Artnet and Artsy Announce They’re ‘Joining Forces’ Under Shared Leadership

Artnet and Artsy have announced a strategic merger under a single leadership structure following their acquisition by Beowolff Capital. While both platforms will maintain their distinct brand identities and websites, they will now operate as a combined organization led by Artsy CEO Jeffrey Yin, with Beowolff Capital founder Andrew Wolff serving as chairman. The move aims to integrate Artnet’s industry-leading price database and journalism with Artsy’s expansive e-commerce and discovery marketplace.

EFG LATIN AMERICA ART AWARD PRESENTS THE NOMINATED ARTIST AT SP ARTE 2026

The EFG Latin America Art Award, in partnership with ArtNexus, has named Brazilian artist Cristiano Lenhardt as the nominated artist at SP-Arte 2026. Lenhardt, represented by Fortes D'Aloia & Gabriel, was selected for his work *Lieoe* (2025), a mixed-media piece combining ceramic and embroidery on cotton that responds to the devastating floods in Rio Grande do Sul in May 2024. The selection was made with input from Fernando Oliva, curator of MASP, and Celia Sredni de Birbragher, director and editor of ArtNexus.

EFG LATIN AMERICA ART AWARD PRESENTA AL ARTISTA NOMINADO EN SP ARTE 2026

The EFG Latin America Art Award, in partnership with ArtNexus, has named Brazilian artist Cristiano Lenhardt as its nominee from SP-Arte 2026. Lenhardt, represented by Fortes D'Aloia & Gabriel, was selected for his work *Lieoe* (2025), a mixed-media piece combining ceramic, embroidery, and cotton fabric dyed by floodwaters from the Guaíba River. The work responds to the environmental tragedy of the May 2024 floods in Rio Grande do Sul, transforming trauma into a tactile, intuitive object. The nomination was made with input from Fernando Oliva, curator of MASP, and Celia Sredni de Birbragher, director of ArtNexus.

Room 412 in Birmingham, Alabama

Chandler Jones founded Room 412, a small, appointment-only gallery in a Birmingham, Alabama loft, in March 2022. The space functions as an intimate, immersive exhibition environment, described as a cross between a gallery and a mystical hotel room, designed to showcase Alabama artists and foster community connection. Jones, a musician, was motivated by a desire to create a visually and energetically compelling gathering place after being inspired by the historic Chelsea Hotel in New York.

Colnaghi, world's oldest gallery, to open Saudi Arabian outpost

Colnaghi, the world's oldest surviving art dealership founded in 1760, will open a new outpost in Riyadh, Saudi Arabia, following a deal worth 10 million Saudi riyals (around £2 million) with the Saudi private equity firm Sarat Investment Holding. The gallery, which specializes in Old Masters, antiquities, and pre-20th century art, already has locations in London, New York, and Madrid. The opening date has not been announced, but the move marks the first time an Old Master gallery has entered the Saudi market, a surprising development given that most art sales in the kingdom focus on Modern and contemporary works.

Is It Simple to Be a Communist in Philosophy? Review of Alberto Toscano, Communism in Philosophy

Is It Simple to Be a Communist in Philosophy? Review of Alberto Toscano, Communism in Philosophy

The article reviews Alberto Toscano's book 'Communism in Philosophy', which examines the intellectual convergence of philosophers Alain Badiou and Antonio Negri. Both thinkers, whose major works gained prominence in the early 2000s, are analyzed for their shared commitment to rethinking communism as a philosophical concept beyond its historical political failures.

Danny McBride's company is partnering with Hed Hi Studio on a new project. Here's what to expect.

Danny McBride’s production company, Rough House Pictures, has announced a partnership with Charleston-based art space Hed Hi Studio to launch a series of unconventional, short-lived art exhibitions throughout 2026. The collaboration kicks off in April with a showcase of hand-painted Ghanaian movie posters from Deadly Prey Gallery, followed by exhibitions featuring Brooklyn artist Jake Plissken and animator Jay Howell. These events are designed as "ephemeral" experiences, often lasting only four hours to emphasize the beauty of impermanence.

Catalyst: Art as Activism

Summerhall Arts in Edinburgh has launched "Catalyst: Art as Activism," a major exhibition featuring four solo shows by artists Eilidh Appletree, Taraneh Dana, Kasia Oleskiewicz, and Molly Wickett. The project utilizes sculpture and installation to confront urgent global issues including the climate crisis, capitalist extraction, disability rights, and the realities of migration. A central component, Eilidh Appletree’s "Net Worthy," uses materials like mycelium, soya wax, and sand to create a submerged seascape that warns of biodiversity loss and the ecological consequences of industrial food production.

Street art festival transforms Morocco's capital into open-air gallery

The 11th JIDAR Rabat Street Art Festival has transformed Morocco's capital into an open-air gallery, with artists from Ecuador, South Africa, Peru, Russia, and Morocco painting large-scale murals on buildings. Works include Oscar Medina's bird clutching the sun and moon, Keya Tama's lion with Arabic script, and Mohamed Roshdi's portrait of a woman holding fish. The festival runs until 27 April.