The Price Points Powering the Art Market

The article, part of the Artnet Intelligence Report: Year Ahead 2026, analyzes art market performance by price bracket in 2025. The $1 million-to-$10 million range was the strongest segment, with sales totaling $3.5 billion—a 20.8% increase from 2024. Sales above $10 million rose 36.1% to $2.3 billion, boosted by high-priced masterpieces at New York's November auctions. The $100,000-to-$1 million bracket saw $3.2 billion in sales, up 6%. Meanwhile, works under $10,000 and in the $10,000-to-$100,000 range grew less than 1%, indicating cautious buyer behavior.

David Nahmad maintains that his Modigliani was not looted by the Nazis

David Nahmad is continuing his legal battle to prove that his Modigliani painting, *Seated Man with a Cane* (1918), was not looted by the Nazis from the Jewish dealer Oscar Stettiner. Despite a recent New York ruling against him, Nahmad’s lawyers have filed a motion to review the case based on new eyewitness testimony. Two witnesses claim the painting they saw in the Van der Klip family—which bought the Nazi-looted work in 1944—is completely different from Nahmad’s painting, lacking a seated man or a cane. Nahmad’s legal team also cites a 1946 French bailiff report and a recent catalogue raisonné by Marc Restellini to argue that Mondex, the restitution firm working for Stettiner’s heirs, misidentified the work.

BBC ‘Buried’ Footage of Banksy at NYC Mural Site, Former Reporter Claims

Former BBC New York correspondent Nick Bryant claims the BBC suppressed footage he captured of Banksy at a mural site in New York City in March 2018. In a Substack post, Bryant recounts being tipped off by Banksy's PR team about a new artwork at the Houston Bowery Wall, where he and his cameraman filmed the artist—described as a middle-aged man in a black beanie and grey coat—fleeing the scene with fresh paint on his fingers. Despite believing he had a world exclusive, Bryant says BBC editors in London decided not to air the footage, citing concerns about unmasking the artist and preserving the mystery for audiences, including a senior colleague's daughter who compared revealing Banksy's identity to telling children there is no Santa Claus.

Texas Man Who Orchestrated $20 M. Crypto Scam Based on Fictitious Van Gogh and Picasso Masterpieces Sentenced to 23 Years in Prison

A Houston man, Robert Dunlap, was sentenced to 23 years in federal prison for orchestrating a $20 million cryptocurrency scam. Between 2018 and 2023, Dunlap defrauded nearly 1,000 investors by promoting a digital asset called “Meta-1 Coin,” falsely claiming it was backed by a $1 billion art collection featuring works by Salvador Dalí, Vincent van Gogh, and Pablo Picasso, as well as $44 billion in gold. He used forged legal and insurance documents to conceal that he owned neither the art nor the gold. A federal jury in the Northern District of Illinois convicted him on mail fraud charges in 2025, and US District Judge LaShonda A. Hunt imposed the sentence, also ordering restitution.

Lucas Museum Aims to Tell the History of Storytelling via 1,200 Objects

The Lucas Museum of Narrative Art in Los Angeles has announced details of its inaugural exhibitions, set to open on September 22, 2026. Founded by filmmaker George Lucas and his wife Mellody Hobson, the museum will feature over 1,200 objects across 30 galleries, tracing the history of visual storytelling from ancient sculptures to Renaissance paintings, photography, comics, and manga. The collection draws from Lucas's personal trove of more than 40,000 works of illustrator art, including pieces by N.C. Wyeth, Norman Rockwell, Frank Frazetta, Beatrix Potter, and Jack Kirby, as well as large-scale murals and photography by artists like Judy Baca and Dorothea Lange. The museum, designed by Ma Yansong of MAD Architects, also includes archives of Lucas's film sets, props, and costumes.

Comment | The slopification of political art

The article critiques the rise of AI-generated political imagery, such as Donald Trump depicted as Jesus and viral Lego videos of the Iranian Revolutionary Guard Corps, arguing that these shallow, generic visuals fail to provide meaningful or lasting cultural commentary on current conflicts. The author contrasts this with the inventive, humorous resistance seen during the 2013 Gezi Park protests in Istanbul, which later influenced a generation of Turkish artists.

Venice Bound? Here’s All the News You Need to Know About This Year’s Biennale

The 61st Venice Biennale is embroiled in geopolitical controversy over Russia's return to the event in 2026, which has sparked widespread backlash. Nearly 10,000 artists and cultural leaders signed an open letter opposing Russia's participation, and the European Union withdrew €2 million in funding for the 2028 edition. Leaked emails reveal Biennale officials worked with Russian pavilion commissioner Anastasia Karneeva to circumvent EU sanctions, while Italy's culture minister Alessandro Giuli plans to boycott the opening week. Meanwhile, activists continue to push for Israel's removal from the Biennale, though Israel will be accommodated in the Arsenale this year.

Final book in trilogy asks: What is the future of the art world?

Cultural strategist András Szántó has published the third and final volume of his trilogy on the future of museums, titled *What Is the Future of the Art World?*. The book features dialogues with a wide range of art-world figures—including gallerists José Kuri and Atsuko Ninagawa, collectors Alain Servais and Sylvain Levy, artists William Kentridge and Holly Herndon & Mathew Dryhurst, curator Fatoş Üstek, network scientist Albert-László Barabási, former Art Basel director Marc Spiegler, and Sheikha Al-Mayassa Al Thani—who discuss topics such as the definition of the art world, its rules, and its future trajectory. Szántó notes that there is no consensus on whether the art world is still expanding or entering a phase of slowdown, with different regions moving on divergent paths.

Claude Lalanne Mirror Ensemble Sells for $33.5 M., Breaking Design Auction Records

A custom ensemble of 15 mirrors by Claude Lalanne sold for $33.5 million at Sotheby's New York, shattering the artist's previous auction record and setting a new global benchmark for the most expensive design work ever sold at auction. The piece, commissioned in 1974 for Yves Saint Laurent and Pierre Bergé's Paris home, far exceeded its $10-15 million estimate.

What You Need to Know About the Venice Biennale’s Russian Pavilion Controversy

The Russian pavilion is set to return to the Venice Biennale for the first time since the 2022 invasion of Ukraine, presenting an exhibition titled 'The tree is rooted in the sky.' This has sparked significant controversy, with artists, curators, and politicians from Ukraine and several European nations calling for the pavilion's exclusion, citing the ongoing war and sanctions. The Biennale organizers have refused to remove Russia, stating they lack the authority to exclude a state recognized by Italy and emphasizing the event's role as a neutral space for cultural dialogue.

Antony Gormley sculpture quietly removed and sold off by UK council

Kent County Council, led by the Reform party, has removed and sold Antony Gormley's early public sculpture 'Two Stones' (1979-81) from outside the Kent History and Library Centre in Maidstone. The council sold the work back to the artist himself in a private sale to raise funds, citing severe financial pressures and a need to avoid increasing costs for residents. The council's most recent accounts valued the work at £859,000, but the final sale price remains confidential.

Caravaggio and Rubens works destroyed by fire in Second World War are brought back to (digital) life

The Gemäldegalerie in Berlin has completed the digitization of its high-resolution glass-negative archive, which documents hundreds of Old Master paintings destroyed in a fire at the end of the Second World War. The collection includes lost works by Caravaggio, Peter Paul Rubens, Anthony van Dyck, and Paolo Veronese, which were stored in a flak tower for protection and burned in May 1945.

How Pussy Riot Is Challenging Russia’s Return to the Venice Biennale

The feminist art collective Pussy Riot is campaigning to replace the official Russian exhibition at the 2024 Venice Biennale with their own show, "Resistance Imprisoned." The alternative exhibition features art created by nearly 30 current and former political prisoners in Russia, using improvised materials like envelopes, bedding, and blood. The collective's founder, Nadya Tolokonnikova, aims to expose the country's repressive system, drawing from her own experience in a penal colony.

Which Auction House Led the Pack in 2025?

Christie's led the global fine-art auction market in 2025 with $3.5 billion in sales, a 10.1% increase from 2024. Its top lot was Mark Rothko's 'No. 31 (Yellow Stripe), 1958,' which sold for $62.1 million. Sotheby's followed closely with $3.3 billion in sales, a 31% annual increase, highlighted by the record-breaking $54.7 million sale of Frida Kahlo's 'El sueño (La cama).' Phillips placed a distant third with $390.9 million in sales, a 14.2% decline.

The tiniest event can tear a hole. Sara MacKillop by Margaret Kross

Sara MacKillop's exhibition "The Cutaway View" at Good Weather in Chicago presents sculptures made from humble analog materials like blank wall calendars, empty shopping bags, and gift wrapping. The London-based artist alters these objects with minimal interventions—such as surgically cut holes in shopping bags to accommodate vinyl records—drawing attention to the ephemera and texture of retail culture. Her series "Calendar Houses" (2021–ongoing) uses archive boxes and wall calendars to create miniature modernist dwellings that critique systems of order and self-optimization.

South Korean ceramic artist Jongjin Park wins 2026 Loewe Foundation Craft Prize.

South Korean ceramic artist Jongjin Park has won the 2026 Loewe Foundation Craft Prize for his piece "Strata of Illusion" (2025), a partially-collapsed seat-like form made from paper and coated in porcelain slip. The award comes with a €50,000 ($58,700) prize, and Park's work will be exhibited alongside other shortlisted entries at the National Gallery Singapore, opening tomorrow and running through June 14.

Close encounters: the new wave of women photographers – in pictures

The Saltzman-Leibovitz photography prize, founded in 2025 by Lisa Saltzman and Annie Leibovitz, announces its winners and runners-up for 2026. Bolivian photographer Marisol Mendez wins for her series 'MADRE,' which challenges patriarchal representations of women in Bolivia through portraits of matriarchs and references to the Inca moon goddess. Runner-up Miranda Barnes documents African American debutante cotillions in Detroit, while other featured photographers include Bettina Pittaluga and Cole Ndelu, whose works explore body diversity and the fusion of Zulu cosmology with Catholicism. The exhibition runs at Photo London, Olympia, 13–17 May 2026.

Pussy Riot protest at Venice Biennale forces Russian pavilion to briefly close

On the second day of the Venice Biennale preview, the activist group Pussy Riot staged a chaotic protest at the Russian pavilion, forcing it to temporarily close. Wearing pink balaclavas and carrying flares, about 40 activists—including members of Femen—gathered outside the pavilion, shouting slogans like "Blood is Russia's Art" and attempting to enter before being pushed back by police. Founding member Nadya Tolokonnikova led the protest, condemning Europe for allowing Russian participation despite the war in Ukraine. Separately, the Art Not Genocide Alliance (Anga) demonstrated outside the Israeli pavilion, which was locked from inside, over Israel's war in Gaza.

Lubaina Himid’s British pavilion at the Venice Biennale review – alienation in a green and pleasant land

Lubaina Himid's installation at the British pavilion of the Venice Biennale presents monumental paintings and a wall of painted oars depicting tailors, cooks, architects, gardeners, and sailors—figures who shape Britain. The work is accompanied by an audio piece of bucolic country sounds, but the black figures in the paintings exchange sideways glances of discomfort, questioning whether they truly belong. The exhibition is anchored by 26 philosophical questions on the wall, such as "Can flies settle here?" and "Can poison taste delicious?"

‘It has become a symbol of hope’: the epic journey of Ukraine’s origami deer to the Venice biennale

Ukrainian artist Zhanna Kadyrova's concrete origami deer sculpture, originally installed in Pokrovsk in 2018, has been evacuated from the war-torn Donetsk region and transported across Europe to become the centerpiece of Ukraine's national pavilion at the 2026 Venice Biennale. The sculpture, which replaced a Soviet fighter-bomber monument in a local park, was rescued in August 2024 by co-curator Leonid Marushchak amid intensifying Russian attacks, with the help of city authorities and museum staff.

Playing it safe: this year’s Turner prize nominees lack the anger – and joy – of previous years

The 2026 Turner Prize nominees have been announced, featuring artists Marguerite Humeau, Tanoa Sasraku, Kira Freije, and Simeon Barclay. The shortlist is notably lacking in painting, video art, and overtly political work, instead offering sci-fi utopianism, jazz performance poetry, ephemeral sculpture, and anti-corporate satire. Critics describe the selection as timid and safe compared to previous years, missing the anger, radicalism, and transformative joy of past editions.

Collaged Denim Sculptures by Nick Doyle Unravel American Mythology

Brooklyn-based artist Nick Doyle creates large-scale wall sculptures using layered and bleached denim, exploring American mythology and its contradictions. His solo exhibition "Collective Hallucinations" at Perrotin features works such as stylized cacti, landscapes, tarot cards, and a fortune teller's shop, all rendered in denim. Doyle's practice began after finding a discarded roll of denim in 2018, which he saw as a metaphor for the complexities of American history, including slavery, masculinity, and Manifest Destiny.

Thousands of Strips of Silk Undulate in Kenny Nguyen’s ‘Deconstructed Paintings’

Kenny Nguyen, a Vietnamese-born artist based in Charlotte, North Carolina, creates large-scale wall works using thousands of hand-cut strips of silk. Drawing on his background in fashion design, he employs techniques like pinning, weaving, sewing, and layering to produce what he calls “deconstructed paintings.” Each piece is built around an imaginary body, with creases and undulating forms that evoke movement. Though the works appear fixed, they are malleable—their shape changes depending on pin placement during installation. Nguyen’s work is currently on view in the group exhibition *Textile Art Redefined* at Saatchi Gallery in London.

Billboards celebrating peace will arrive in L.A. as part of the Broad's Yoko Ono exhibit

Yoko Ono will install seven digital billboards across Los Angeles bearing peace messages like "THINK PEACE" and "IMAGINE PEACE," as part of her upcoming exhibition "Yoko Ono: Music of the Mind" at the Broad museum opening May 23. The billboards echo her 1969 "WAR IS OVER!" campaign with John Lennon. Ancillary programming includes re-creations of her performance works "Cut Piece" (1964) and "Sky Piece to Jesus Christ" (1965), plus a concert series "Yoko Only" guest-curated by Yuka Honda featuring Yo La Tengo, Nels Cline, Sleater-Kinney, and others.

Without Consciousness, No Creativity

"Ohne Bewusstsein keine Kreativität"

Matthias Hornschuh, a speaker at the German Creative Economy Summit in Hamburg, discusses artificial intelligence and its impact on art and creativity in an interview with Monopol. He argues that AI systems lack intentionality and true creativity, describing them as "probability-based imitation" rather than genuine creative tools. Hornschuh warns against the hype surrounding AI, noting that efficiency gains are often overstated and that users can become trapped in unproductive interactions with these systems.

In This Nazi-Era Restitution Dispute, the Focus Turns to a Missing Cow

A family is seeking restitution of a painting they believe is a lost Rubens work, looted by Nazis during World War II. However, an expert has cast doubt on the claim, arguing the painting is a copy because it lacks a distinctive detail found in the original: a urinating cow. The dispute has shifted focus to this missing element, complicating the family's efforts to recover the artwork.

With ‘Sister Dreamer’ Park, Lauren Halsey Brings Her Heroes Home

Artist Lauren Halsey has unveiled a new installation titled 'Sister Dreamer' Park in South Central Los Angeles. The work features stone monuments that elevate familiar faces from the neighborhood, celebrating local heroes and community members. The installation is part of Halsey's ongoing practice of centering Black and brown communities in her art, using architecture and sculpture to create spaces of empowerment and memory.

148 News: Awards & Obituaries

This article from ArtAsiaPacific reports on three recent art awards. Iraqi artist Ali Eyal received the Hammer Museum's $100,000 Mohn Award for emerging artists in Los Angeles. Japanese artist Mari Katayama won the inaugural ¥10 million Mori Art Award from the Mori Contemporary Art Foundation in Tokyo. Korean media artist Jeamin Cha secured the Hermès Foundation's 21st Missulsang, receiving KRW 30 million and production support for a solo exhibition at Atelier Hermès in Seoul in 2027.

Whispering Gallery: The Cratable Hedge and the Colonial Hangover

The article questions the appointment of James Taylor-Foster as the incoming director of Para Site in Hong Kong, noting his background as a curator of architecture and design rather than contemporary art, and his lack of prior engagement with Asia's curatorial scene. It also reports that Philip Tinari, former director of UCCA in Beijing, has been appointed to lead Tai Kwun, replacing Pi Li, who has become founding director of the Tencent-funded Róng Museum of Art in Shenzhen.

81 artists withdraw from Venice Biennale competition