paint drippings art industry news jun 2 2651753

This week's art industry roundup covers major personnel shifts, fair announcements, and institutional news. Phillips named Robert Manley chairman for Modern and contemporary art and Miety Heiden chairman for private sales after the departures of Cheyenne Westphal and Jean-Paul Engelen. Art Basel Paris announced 203 galleries for its October fair at the Grand Palais, while Kiaf Seoul will host 176 exhibitors in September. Tony Karman is stepping down as director of Expo Chicago after 14 years. Pace Gallery added Friedrich Kunath, Galerie Nordenhake signed Naufus Ramírez-Figueroa, and Sylvia Kouvali now represents Luigi Zuccheri. Ariel Pittman is launching a new Los Angeles gallery, Official Welcome. The Louvre will return 258 works from Adèle de Rothschild's bequest to the Fondation des Artistes. President Trump dismissed Smithsonian National Portrait Gallery director Kim Sajet over DEI support, though his authority is questioned. The Centre Pompidou announced a new $240 million outpost in Brazil. The Art Institute of Chicago confirmed director James Rondeau will return after a flight incident. The Pérez Art Museum Miami appointed Karen H. Bechtel as board president. Frieze and Deutsche Bank detailed their 2025 Emerging Curators Fellowship. A rare Gustav Klimt portrait of an African prince was offered for €15 million.

newsmakers takashi murakami gagosian cleveland 1234742556

Takashi Murakami opened his latest exhibition, “JAPONISME → Cognitive Revolution: Learning from Hiroshige,” at Gagosian New York, building on a 2024 presentation at the Brooklyn Museum. A second show, “Stepping on the Tail of a Rainbow,” opens later this month at the Cleveland Museum of Art, expanding on a 2022 iteration at the Broad in Los Angeles with new works and a monumental installation reimagining a Japanese Buddhist temple. In an interview with ARTnews, Murakami discusses his process of copying historical works—from Hiroshige’s ukiyo-e prints to Monet and Van Gogh—as a method of cultural excavation, incorporating UFOs as symbols of awareness.

3 million jeff koons hulk sells on buoyant first day at frieze new york 2641415

At the VIP opening of Frieze New York on Wednesday, dealers reported strong sales despite economic uncertainty from Trump administration policies and trade war threats. The fair, recently sold to Hollywood powerhouse Ari Emanuel, returned to the Shed in Hudson Yards with 67 exhibitors. Gagosian Gallery generated the most buzz, selling one of three Jeff Koons Incredible Hulk sculptures—polychromed steel works priced around $3 million each—and placing a hold on another. Other notable sales included works by Tuan Andrew Nguyen, Tomie Ohtake, Sheila Hicks, Liza Lou, and Gertrude Abercrombie, with galleries like James Cohan, Galeria Nara Roesler, Thaddaeus Ropac, Karma, and Hauser & Wirth reporting brisk business.

the venice biennale spotlights the market for latin american art 2502919

The Venice Biennale, often called the 'Olympics of the art world,' is spotlighting Latin American art in its 2024 edition. Curated by Adriano Pedrosa, director of the São Paulo Museum of Art and the first South American and openly queer person to hold the role, the exhibition titled 'Foreigners Everywhere' features over 330 artists, with more than 80 having ties to Latin America—about 24 percent of the show, up from 11 percent in 2022. The article examines the market for Latin American art, noting that while auction records exist (e.g., Frida Kahlo's $34.9 million painting), total auction volume for Latin American artists has declined from $388.3 million in 2015 to $245.5 million last year, reflecting a specialized market dominated by a few internationally recognized figures.

emily fisher landau sothebys results 2391881

Sotheby's held a landmark evening auction on November 8 featuring 31 works from the collection of Emily Fisher Landau, a noted art patron who amassed around 1,200 works over 102 years. The sale achieved $406.4 million, surpassing its pre-sale estimate of $344.5–$430.1 million and becoming the most valuable auction dedicated to a female collector in history. Highlights included Pablo Picasso's *Femme à la montre* (1932), which sold for $139 million—the second-highest price for a Picasso at auction—and record-breaking results for Agnes Martin's *Grey Stone II* ($18.7 million), Mark Tansey's *Triumph Over Mastery II* ($11.8 million), and Jasper Johns's *Flags* (1986) ($41 million). Other notable sales included works by Cy Twombly, Ed Ruscha, and Andy Warhol's portrait of Landau.

Bruno Bischofberger, Art Dealer of Stars Like Andy Warhol and Jean-Michel Basquiat, Dies at 86

Bruno Bischofberger, the legendary Swiss art dealer who championed American artists like Andy Warhol and Jean-Michel Basquiat in Europe, has died at age 86. His Zurich-based gallery announced his death on Saturday. Bischofberger founded his eponymous gallery in 1963, which became one of Switzerland's most important blue-chip art spaces. He forged deep personal and professional relationships with artists, including acquiring a stake in Warhol's Interview magazine, producing Warhol's film L'amour, and famously proposing the collaborative paintings between Warhol and Basquiat in 1984. Bischofberger also maintained a decades-long tradition of placing advertisements on the back page of every Artforum issue.

5 Under-Recognized Artists Getting Their Due in New York This Season

The article highlights five under-recognized artists whose exhibitions are on view in New York this season, focusing on Domenico Gnoli at Lévy Gorvy Dayan and Raquel Rabinovich at Hutchinson Modern and Contemporary. Gnoli, an Italian painter who died in 1970, is known for his pallid, claustrophobic depictions of everyday subjects, while Rabinovich, who died at 102 in January 2026, created somber minimalist paintings exploring silence and withholding. The piece notes that New York galleries often use the pre-fair period to showcase less prominent artists of great promise.

art basel paris 2 2493112

Art Basel Paris is undergoing a major transformation for its third edition, officially rebranding from 'Paris+ par Art Basel' and moving into the newly renovated Grand Palais. The historic venue, fresh from a $500 million restoration, allows the fair to expand its footprint by 26 percent, hosting 194 galleries compared to last year's 154. The move includes the opening of the ornate balconies for emerging galleries and a new sector called Premise, signaling the fair's transition from a successful 'preamble' to a permanent fixture in the French capital.

roberts projects esmaa mohamoud cristin tierney debbi kenote 1234775791

The art world saw significant roster changes and leadership appointments this week, including Roberts Projects announcing representation of Esmaa Mohamoud and Cristin Tierney adding Debbi Kenote. Notable institutional moves include Charles Chemin being named Artistic Director of the Watermill Center and Julia Siemon stepping into a newly created Deputy Director role at the Bard Graduate Center. Additionally, the mid-season auction market showed unexpected strength, highlighted by Jeff Koons’s 'Winter Bears' selling for $7.6 million at Christie’s.

top artists auction 2025 2735297

The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

7 must see museum shows on view across asia in 2026 2723845

Artnet News highlights seven must-see museum exhibitions across Asia in 2026, with a focus on women artists and diverse themes. Key shows include a retrospective of Korean sculptor Kim Yun Shin at the Hoam Museum of Art in Yongin, a posthumous exhibition of Japanese painter Rey Camoy at the Ishikawa Prefectural Museum of Art, a manga and fantasy art survey at M+ in Hong Kong, and a solo show by Belgian artist Carsten Höller at the UCCA Center for Contemporary Art in Beijing.

palm beach art guide museums galleries and gardens 2730350

Palm Beach is emerging as a major art destination, bolstered by Miami's growing art scene. The article highlights key cultural attractions including the Norton Museum of Art, which underwent a Norman Foster-designed expansion in 2019 and features Dutch Golden Age masterworks from the Leiden Collection, as well as a growing contemporary collection. Other notable sites include the Flagler Museum (Whitehall), a Gilded Age mansion showcasing historic interiors and a private railcar, and the Bunker Artspace, a private museum founded by collector Beth Rudin DeWoody in a converted toy factory, displaying over 600 works from her collection.

rosemarie trockel curious weird spruth magers gladstone 1234751042

Rosemarie Trockel, the elusive German artist known for her wildly varied and conceptually challenging work, is the subject of a rare profile in ARTnews. The article traces her emergence from the 1980s Cologne art scene, where she became notorious for refusing interviews and producing art that defies easy categorization—spanning knitting machines, video, sculpture, and drawing. A key photograph from her teenage years, showing her in a room plastered with celebrity cutouts, is presented as a rare origin story, though its authenticity is left ambiguous. The piece highlights her declared constants of "woman, inconsistency, reaction to fashionable trends" and her insistence that art should remain a process of discovery rather than a vehicle for fixed meaning.

miami art week must see 2025 2720467

Miami Art Week 2025 is set to be a major destination for collectors and art enthusiasts, featuring a packed schedule of fairs, gallery shows, museum exhibitions, and public art installations across Miami Beach. Key highlights include the Pop Art survey at the Margulies Warehouse showcasing works by Warhol, Lichtenstein, and Johns; the Rubell Museum's first solo survey of Thomas Houseago; a site-specific installation by Igshaan Adams at the ICA Miami; and Jack Pierson's exploration of Miami's influence on his work at the Bass.

new money new taste intel report march 2025 2622189

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

maurizio cattelan america gold toilet auction 2707156

Maurizio Cattelan's 18-karat gold toilet sculpture, *America* (2016), sold at Sotheby's New York for $12.1 million to Ripley's Believe It or Not!, the entertainment franchise known for oddities. The work, consigned by hedge-fund manager Steve Cohen, was auctioned from the Breuer Building and drew long viewing lines. Despite a playful bidding process led by auctioneer Phyllis Kao, the final price fell short of Cattelan's auction record of $17.2 million set by *Him* (2001) at Christie's in 2016.

duct taped banana maurizio cattelan comedian eaten again 1234747892

A visitor at France's Pompidou-Metz ate a banana from Maurizio Cattelan's conceptual artwork "Comedian" (2019), which consists of a banana duct-taped to a wall. Security staff intervened calmly, and the work was reinstalled within minutes, as the fruit is regularly replaced per the artist's instructions. The incident occurred during the exhibition "The Endless Sunday," celebrating the museum's 15th anniversary, which features 30 works by Cattelan alongside over 400 others from the Musée National d'Art Moderne.

labubu art history 2665107

An ancient bronze artifact at China's Luoyang Museum has gone viral for its striking resemblance to Labubu, a wildly popular collectible toy created by Hong Kong artist Kasing Lung in 2015. The artifact, an Eastern Zhou Dynasty ceremonial danglu used as horse armor, dates to the Spring and Autumn period (770–476 B.C.E.) and is on display until August. Meanwhile, some internet users have drawn comparisons between Labubu and the Mesopotamian demon Pazuzu, sparking baseless conspiracy theories and TikTok warnings from overly devout Christians.

golden thread show textile art 2633487

New York art dealers Karin Bravin and John Lee of BravinLee Programs have mounted "The Golden Thread II" at 207 Front Street in South Street Seaport, a historic 1797 building. The exhibition brings together 60 artists, including 10 new site-specific installations, with works spanning textile techniques such as needlework, embroidery, felting, quilting, and weaving. Highlights include Tura Oliveira's "Wheel of Fortune" (2025), a bloodred humanoid figure tangled in a historic grain hoist. Prices range from a few hundred dollars to $70,000. The show runs for a month, coinciding with the Frieze fair, and is curated with input from Elissa Auther, deputy director of curatorial affairs and chief curator at the Museum of Arts and Design.

Filthy fossil fuels, a dizzying debut and the ominous side of the moon – the week in art

The Guardian’s weekly art roundup highlights the opening of 'Extraction' at Jupiter Artland, an exhibition featuring artists like Marguerite Humeau and John Gerrard that explores the environmental impact of fossil fuels. Other notable UK openings include Michaela Yearwood-Dan’s museum debut at The Whitworth, a survey of Paula Rego’s drawings at Victoria Miro, and a showcase of Thérèse Oulton’s textured landscapes at Vardaxoglou.

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at the TEFAF Maastricht art fair reported strong sales, defying concerns over global unrest and geopolitical tensions that limited some collectors' travel. The fair, featuring 277 dealers from 24 countries, saw a high caliber of international collectors engaging with works ranging from monumental 18th-century sculptures to minuscule, intricately detailed pieces. First-time exhibitors and veterans alike expressed satisfaction, with one rare books dealer calling it his best year in three decades of participation.

Agosto Machado, Artist and Activist Whose Shrine Sculptures Kept Queer History Alive, Has Died

Agosto Machado, an artist and activist central to New York's Downtown scene and a participant in the 1969 Stonewall uprising, has died following a brief illness. His gallery, Gordon Robichaux, announced his passing but, respecting his wishes, did not disclose his age. Machado was known for creating intricate shrine sculptures from collected ephemera to honor figures from his community, and one of these altars is currently featured in the 2024 Whitney Biennial.

How Christie’s Recruited Nicole Kidman to Sell S.I. Newhouse’s $100 Million Brancusi

Christie's has released a promotional video featuring actress Nicole Kidman to advertise the upcoming auction of Constantin Brancusi's bronze sculpture *Danaïde* (1913), estimated at $100 million. The sculpture comes from the collection of the late media mogul S.I. Newhouse, who purchased it for $18.2 million in 2002. The nearly two-minute film, shot at Christie's Rockefeller Center headquarters, shows Kidman interacting with the work and was conceived by former Sotheby's auctioneer and Newhouse estate advisor Tobias Meyer. The sale is scheduled for May 18 in New York.

One of Van Gogh’s greatest watercolours could achieve a record price

Sotheby's New York will auction Vincent van Gogh's watercolor *The Harvest in Provence* (June 1888) on May 19, with an estimate of $25–35 million. The work, larger and more elaborate than a related watercolor at Harvard, was created just days before van Gogh's celebrated oil painting of the same scene. It is signed and titled, suggesting the artist considered it a finished piece rather than a mere study, and he sent it to his brother Theo before completing the oil version.

10 Shows Around Venice Not to Miss During the Biennale

ARTnews has published a guide to 10 exhibitions in Venice worth seeing during the 2026 Biennale, beyond the central show "In Minor Keys" curated by the late Koyo Kouoh and the national pavilions. Highlights include a major survey of Lee Ufan at the San Marco Art Centre (SMAC Venice), organized by the Dia Art Foundation and curated by Jessica Morgan; "Helter Skelter: Arthur Jafa and Richard Prince" at Fondazione Prada, curated by Nancy Spector; and "Strange Rules" at Palazzo Diedo, conceived by Hans Ulrich Obrist with Mat Dryhurst and Holly Herndon, introducing the concept of "Protocol Art." Other venues include the Gallerie dell'Accademia, Pinault Collection, Berggruen Arts & Culture, Fondazione Sandretto Re Rebaudengo, and a three-night-only performance at Teatro Goldoni.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

The Artists Who Ruled the Biennial Circuit Over the Last Four Years

Artnet News critic Ben Davis analyzed 130 recurring global art events—including biennials and triennials—that opened between the 2022 and 2026 Venice Biennales, tallying over 15,000 participating artists. He identified the most frequently featured artists, with Nolan Oswald Dennis topping the list at 14 biennial appearances. Dennis, a South Africa-based artist born in Lusaka, is known for works like "Black Liberation Zodiac" (2017-ongoing) and was included in the 2026 Venice Biennale curated by the late Koyo Kouoh.

Inside Gagosian’s Quiet Power Move to Street Level on Madison Avenue

Gagosian has opened a new 2,275-square-foot ground-floor gallery at 980 Madison Avenue in New York, relocating from its longtime sixth-floor space after 37 years. The move was prompted by Bloomberg Philanthropies' acquisition of the building in 2024, which displaced several fine art tenants. The inaugural exhibition features works by Marcel Duchamp and Robert Rauschenberg, and the space was designed by architect Jonathan Caplan with advanced lighting by Dot Dash.

The Women Defining Printmaking at the 2026 IFPDA Print Fair

The 2026 IFPDA Print Fair opened at New York’s Park Avenue Armory, placing a significant spotlight on the contributions of women artists to the medium. High-profile offerings include a new release by Laura Owens from Crown Point Press, Louise Bourgeois’s "Spirals" woodcut series presented by Carolina Nitsch, and large-scale sculptural works by Joan Hall and Orit Hofshi. The fair demonstrates the technical breadth of modern printmaking, ranging from traditional woodcuts to unique, hand-embellished compositions and experimental collaborations between artists and master printers.

photography auction industry 2655783

Artnet and Morgan Stanley have released a comprehensive analysis of the photography auction market spanning 2005 to 2024. The report reveals that while the volume of photography lots sold has more than doubled over two decades, the total annual sales value has remained largely stagnant, rising from $113.4 million in 2005 to $116.9 million in 2024. When adjusted for inflation, this represents a significant 36.7 percent decline in market value, with average prices for photographs dropping by over 50 percent during the same period.