paint drippings art industry news feb 2 spanish dealers 2742104

A series of significant developments occurred across the global art industry this week. Expo Chicago announced a scaled-back edition under new director Kate Sierzputowski, while the Outsider Art Fair revealed its exhibitor list. A long-lost Renaissance portrait by Sofonisba Anguissola resurfaced at the Winter Show. Christie's will sell the collection of the late MoMA trustee Barbara Jakobson, featuring works by Jeff Koons and others. Bonhams made a key hire, and Sotheby's priced a major art-backed securitization. In gallery news, Alissa Friedman returned to Salon 94, Mary Cork joined Lehmann Maupin London, and several artists gained new representation, while New York's Francis Irv gallery announced its closure.

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.

steve cohen consignor maurizio cattelan golden toilet sothebys 1234760545

Top 200 Collector Steven A. Cohen has been revealed as the consignor of Maurizio Cattelan's golden toilet sculpture, *America* (2016), which will be auctioned at Sotheby's on November 18. The work, made of 18-karat gold and weighing over 100 kilograms, was purchased from Marian Goodman Gallery in 2017. It will be displayed in a bathroom at Sotheby's Breuer Building before the sale, with a starting bid expected around $10 million based on the price of its weight in gold. The piece has a notable history: one version was exhibited at the Guggenheim Museum, offered to the Trump White House as a loan alternative to a van Gogh painting, and another was stolen from Blenheim Palace in 2019, making Cohen's the only extant version.

jean baudrillard photography art performance 1234758770

Jean Baudrillard, the French philosopher whose concept of simulation inspired *The Matrix* (1999), is the subject of a new biography by Emmanuelle Fantin and Bran Nicol. The article explores Baudrillard's complex relationship with the art world: he was celebrated by artists and served on *Artforum*'s editorial board, yet he disavowed the Neo-Geo movement that claimed his ideas, arguing that art had become indistinguishable from commerce and lost its critical distance. His 1987 lecture at the Whitney Museum drew thousands, but he used the platform to declare art's irrelevance.

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Artnet Auctions has launched its Premier Prints and Multiples sale, live for bidding through April 10, 2025. The sale features important works by artists including Keith Haring, Roy Lichtenstein, Andy Warhol, and Barbara Kruger, with estimates ranging from $7,000 to $70,000. The article highlights the often-overlooked relationships between artists and the printers and publishers who bring their visions to life, using examples such as Peter Blake's collaboration with publisher Paul Stolper on the portfolio "An Alphabet" (2007) and Barbara Kruger's work "Savoir c'est pouvoir" (1989) printed by Derriere L'Etoile Studios.

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The Metropolitan Museum of Art has unveiled its renovated Michael C. Rockefeller Wing, featuring 1,800 objects from 663 cultures across Africa, Oceania, and the ancient Americas. The $70 million, 12-year project includes Fang masks, ceremonial dance paddles, and 15-foot funerary poles, with a multi-day celebration that featured a sunrise blessing. The wing, named after Nelson Rockefeller's son who disappeared in 1961, opened in 1982 and was revitalized as part of a master plan by Beyer Blinder Belle Architects.

forget blue chip art its a red chip art world now 2607301

The article introduces and defines the concept of "red-chip art," a new category of art collecting that rejects traditional art-historical reverence in favor of aesthetics rooted in street art, graffiti, super-flat cartoons, multi-colored chrome, and crypto culture. It describes red-chip collectors as mysteriously affluent millennials, techies, hip-hop visionaries, and crypto aspirants who gravitate toward artworks that resemble toys, limited-edition dolls, NFTs, and memecoins, often consumed at venues like the Eden Fine Art gallery at the Wynn in Las Vegas or parties during Art Basel Miami Beach. Key artists associated with this movement include KAWS, George Condo, Virgil Abloh, Tom Sachs, Alex Israel, Damien Hirst, Harmony Korine, Yoshitomo Nara, and Banksy, with Jeff Koons and Takashi Murakami seen as transitional "purple chip" figures.

modern contemporary art 2639749

The article explores the distinction between Modern and contemporary art, explaining that Modern art emerged in the late 19th century as a reaction to classical art and the Industrial Revolution, with movements like Impressionism, Cubism, Futurism, and Surrealism redefining painting in response to photography. Contemporary art, by contrast, is a reaction to Modern art, with its start debated between World War II and the 1960s-70s consumerist era, encompassing diverse mediums such as sculpture, street art, and performance art, exemplified by artists like Jeff Koons, Banksy, and Yoko Ono.

met gala 2025 looks artworks 2640024

The 2025 Met Gala, officially the Costume Institute Benefit, was held at the Metropolitan Museum of Art, launching the exhibition “Superfine: Tailoring Black Style.” The event drew a star-studded guest list, with celebrities channeling the theme of Black dandyism through tailored silhouettes, bold patterns, and luxurious fabrics. Several attendees, including Cardi B, Alicia Keys and Swizz Beatz, Colman Domingo, and Janelle Monáe, wore outfits that directly referenced specific artworks, such as Dante Gabriel Rossetti’s *Veronica Veronese*, Frank Stella’s *Rectangular Orange Painting with Diagonal Pattern*, and Hyacinthe Rigaud’s portrait of Louis XIV.

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.

A Launchpad for the Future

"Eine Startrampe für die Zukunft"

The article is a media roundup covering several stories from the art world. It includes an interview with Jeff Koons discussing his artistic process and philosophy, a portrait of artist Jorinde Voigt, a report on the robust Art Düsseldorf fair, a news piece about two valuable Gerhard Richter paintings on loan to a museum, and a review of the new LACMA building's non-linear curatorial approach.

Inside LACMA’s 2026 Reopening: What to Know About the New David Geffen Galleries

The Los Angeles County Museum of Art (LACMA) has announced that its highly anticipated David Geffen Galleries will officially open to the public on April 19, 2026. Designed by Pritzker Prize–winning architect Peter Zumthor in collaboration with director Michael Govan, the new facility features a horizontal, elevated design that spans Wilshire Boulevard. The structure will house 26 galleries on a single level, representing the culmination of a nearly two-decade redevelopment project.

An Audacious $724 Million Building Reinvents LACMA

The Los Angeles County Museum of Art (LACMA) has unveiled the David Geffen Galleries, a $724 million architectural feat designed by Peter Zumthor. This massive, horizontal structure spans over Wilshire Boulevard, replacing several older buildings with a single, elevated concrete form. The new space abandons traditional chronological and geographical silos in favor of rotating, thematic displays that integrate the museum’s diverse encyclopedic collections.

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Artnet News's Wet Paint column announces Brian Belott's upcoming exhibition "Upside Down Zebra" at the Watermill Center in Water Mill, Hamptons, opening next week. The show features over 400 artworks made by children under age 6, including offspring of Willem de Kooning and Henry Miller, alongside 40 response pieces by contemporary artists like Robert Nava, Chris Martin, Darren Bader, Katherine Bernhardt, Carroll Dunham, and Christopher Wool. Belott draws from the archive of educator and psychologist Rhoda Kellogg, who collected over two million children's drawings, organizing works by her 20 types of scribbles.

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Joel-Peter Witkin, the controversial photographer known for his macabre and surreal imagery, is the subject of a new exhibition titled “Joel-Peter Witkin: The World Is Not Enough” at A Gallery for Fine Photography in New Orleans. The show features a wide cross-section of his work, from early pieces like the cadaver-based still life *The Kiss* (1982) to recent works such as *The Soul Has No Gender* (2016), a portrait of a transsexual woman posed as Mary Magdalene. Witkin, a mainstay on artnet’s Top 300 list, personally prints each photograph and continues to explore themes of death, beauty, and the marginalized in society.

Los Angeles County Museum of Art’s new David Geffen Galleries reframe 6,000 years of history

The Los Angeles County Museum of Art (LACMA) is preparing to open its new $720m David Geffen Galleries, a massive undulating concrete structure designed by Pritzker Prize-winning architect Peter Zumthor. Spanning Wilshire Boulevard, the new building adds 110,000 square feet of gallery space and 3.5 acres of public parkland, marking the completion of a two-decade capital project led by Director Michael Govan. The facility will house the museum’s permanent collection, which has been largely out of public view for seven years, and features innovative exhibition strategies such as hanging artworks directly onto concrete walls.

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Almine Rech is closing her London gallery in Mayfair after more than a decade, as reported by Melanie Gerlis in the Art Newspaper. The space, which opened in 2014 on Savile Row before moving to Grosvenor Hill, hosted exhibitions by artists including Javier Calleja, Chloe Wise, Jeff Koons, and Esther Mahlangu. Rech stated that London remains "important" to her and that she plans to open something in the city in the future, but offered no specifics. The London branch was put into liquidation, with Companies House filings indicating a £6.3 million deficit, though Rech said she owes no money to artists, workers, or suppliers and described the filing as a technical step to restructure a lease. Her gallery will continue operating its other eight locations across Paris, New York, Brussels, Shanghai, Monaco, and Gstaad.

art mary boone prison art dealer interview

Mary Boone, the renowned gallerist who closed her eponymous gallery in 2019 after being sentenced to prison for tax evasion, has returned to the New York art scene. She is collaborating on the exhibition "Uptown/Downtown" at Lévy Gorvy Dayan, on view through December 13. The show features works by Jean-Michel Basquiat, Andy Warhol, Richard Prince, and Cindy Sherman, among others, and explores the 1980s New York art world. In an interview, Boone discusses her comeback, the optimism of the 1980s that allowed her to succeed as a woman without family connections, and the current re-examination of that era.

Megadealer Larry Gagosian Is the Subject of Unauthorized Documentary In the Works from Director Barry Avrich

Director Barry Avrich is producing an unauthorized documentary titled "Shadow Man: Inside The Secret World of Larry Gagosian" about the legendary art dealer. The film, confirmed by Avrich via email, promises to feature interviews with former employees and artists sharing insider stories about Gagosian's rise from selling posters on LA streets to running a global gallery empire with 18 locations. Avrich previously directed art-world documentaries including "Made You Look: A True Story About Fake Art" about the Knoedler & Co. forgery scandal and "Blurred Lines: Inside the Art World."

The Triumphant New LACMA Has the Potential to Rewrite Art History

The Los Angeles County Museum of Art (LACMA) is set to open its new $724 million David Geffen Galleries, designed by Swiss architect Peter Zumthor. The building features a radical, non-linear layout that eschews traditional chronological and geographical hierarchies, allowing artworks from 15 different curatorial departments to be displayed in conversation with one of another. Despite years of controversy regarding its concrete design and a 10 percent reduction in exhibition space, the museum is positioning the new structure as a flexible "laboratory" for global art history.

Here’s What LACMA’s Lavish New Building Looks Like

The Los Angeles County Museum of Art (LACMA) has finally unveiled its new flagship building, the David Geffen Galleries, designed by Pritzker Prize-winning Swiss architect Peter Zumthor. The concrete-and-glass structure famously straddles Wilshire Boulevard, featuring a continuous glass facade that offers panoramic views of the Los Angeles landscape and newly installed outdoor sculptures. Inside, the layout encourages a non-linear experience, moving visitors through varying light conditions and diverse gallery sizes that house a mix of contemporary and classical works.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

midseaon auctions 2026 analysis jeff koons 1234775448

Christie’s and Sotheby’s recently concluded their 2026 mid-season contemporary art auctions, signaling a shift toward higher-value inventory in what were traditionally lower-stakes sales. The standout result was the $7.6 million sale of Jeff Koons’s sculpture 'Winter Bears' (1988) at Christie’s, setting a record for the highest-valued work ever sold in a mid-season auction. Meanwhile, Sotheby’s held its first 'Contemporary Curated' sale at its new Breuer building headquarters, achieving $19.4 million led by a $3.8 million Alma Thomas painting.

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Artist Tod Lippy is launching a mobile protest piece titled "All Of the Gang" during Frieze Los Angeles, featuring an LED truck that displays emails and documents linking prominent art world figures to Jeffrey Epstein. The project highlights correspondence and associations involving major industry names like Larry Gagosian, Leon Black, and David A. Ross, aiming to confront the public with the industry's perceived complicity and lack of accountability.

5 cultural destinations that tell the story of los angeles 2747825

Los Angeles boasts a dense museum landscape that reflects the city's unique architectural history and commitment to contemporary art. This guide highlights five essential cultural destinations, including The Broad, which houses the expansive postwar collection of Eli and Edythe Broad within its innovative 'veil and vault' architecture, and Frank Lloyd Wright’s Hollyhock House, a UNESCO World Heritage site that pioneered California's indoor-outdoor living aesthetic.

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The U.S. Department of Justice has released approximately 3 million additional files related to the late financier Jeffrey Epstein, sparking a new wave of resignations and investigations across the global art world. The documents detail extensive connections between Epstein and high-profile figures, including museum leaders, major collectors, and artists. While inclusion in the files does not prove criminal wrongdoing, the public pressure following these revelations has forced several prominent individuals to step down from influential institutional roles.

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Sotheby's will auction ten works donated by Royal Academicians during its London spring sales to raise funds for the financially struggling Royal Academy of Arts. The sale, with a cumulative high estimate of £2.6 million, includes major works by El Anatsui, Sean Scully, William Kentridge, Tony Cragg, Georg Baselitz, Anish Kapoor, Mimmo Paladino, and Jeff Koons.

jeff koons jeffrey epstein statement studio visit 1234771956

Artist Jeff Koons has issued a statement clarifying his limited interactions with the late financier and convicted sex offender Jeffrey Epstein. Koons confirmed he and his wife attended a dinner at Epstein's home at the invitation of an MIT professor, but denied that Epstein ever visited his studio, contradicting earlier reports based on newly released court documents.

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STPI is launching the inaugural Print Show and Symposium Singapore during Singapore Art Week (January 22–31, 2026). The event will feature over 27 internationally acclaimed contemporary artists—including Jeff Koons, Louise Bourgeois, Takashi Murakami, and Do Ho Suh—showcasing their engagement with printmaking. A symposium titled "The Politics of Print: elephant in the room," curated by Stephanie Bailey, will bring together 25 curators, museum directors, and artists such as Michael Craig-Martin, Adele Tan, Sook-Kyung Lee, and Pinaree Sanpitak for six panels over two days.

what is reference baiting art market 2732751

At Art Basel Miami Beach 2025, the art market showed a strong turn toward historical references, with galleries like Gagosian featuring Jeff Koons' antique-inspired sculptures and Takashi Murakami's reproductions of Cézanne and Van Gogh. The new Zero 10 sector, named after a 1915 Malevich exhibition, highlighted digital artists such as Beeple and Larva Labs. This trend reflects a broader "flight to quality" in an uncertain market, where collectors seek reassurance by associating emerging or overlooked artists with established historical names.