uk museums defend corporate funding

A group of officials overseeing major UK cultural institutions, including the British Museum, the Victoria and Albert Museum, and the National Gallery, have signed a public letter defending corporate sponsorship. Published in the Financial Times, the letter calls for an end to "relentless negativity" around private sector partnerships and is backed by ten organizations, including the Science Museum Group. It follows protests over Baillie Gifford's sponsorship of literary festivals due to its ties to fossil fuels and Israel, which led nine festivals to end partnerships in 2023.

conclave hidden ritual

On May 8, 2025, white smoke rose from the Sistine Chapel signaling the election of Robert Prevost as Pope Leo XIV, the first American pontiff. Born in Chicago in 1955, Prevost has strong ties to Peru and was appointed Prefect for the Dicastery for Bishops by Pope Francis in 2023. The article explores the secretive process of the papal conclave, noting that 133 cardinals voted under Michelangelo's famed ceilings, and draws parallels to the 2024 film *Conclave* which some cardinals reportedly used for insight.

dar kuen wu taiwan digital art

The article examines the rise of Taiwanese contemporary art on the international stage, focusing on its growing prominence in digital and technological art. It traces the evolution of digital art in Taiwan through three phases: video art in the 1990s with pioneers like Wang Jun-Jieh and Yuan Goang-Ming, digital media experimentation in the 2000s driven by the tech sector, and a recent phase of internationalization and interdisciplinary integration fueled by the semiconductor industry and government support. Key factors include Taiwan's hardware industry, cultural liberalization after the lifting of martial law in 1987, and sustained policy support from institutions like the National Culture and Arts Foundation (NCAF), the Taiwan Contemporary Culture Lab (C-LAB), and the Taiwan Creative Content Agency (TAICCA).

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

report rebounding art auction market 2025 arttactic

ArtTactic's year-end report reveals that the global art auction market rebounded to $4.55 billion in 2025, an 11.1% increase from 2024. Sotheby's saw a 17% sales jump and Christie's a nearly 7% rise. Historic single-owner sales, including estates of Leonard Lauder, Cindy and Jay Pritzker, and Pauline Karpidas, drove recovery with $884.9 million in total. Old Masters, Impressionist, and modern art surged 42.3% year-on-year, while contemporary and post-war art lagged. The trophy market (works over $10 million) grew 19.4% to $1.48 billion, led by Impressionist art up 80.4% to $1.04 billion, fueled by three Gustav Klimt canvases from the Lauder collection.

banksy sentimental lighthouse

Banksy has unveiled a new artwork featuring a lighthouse with the text 'I want to be what you saw in me,' posted on his Instagram account without any caption or location details. The piece, rendered in his signature black stencil on a stucco wall, appears to be his first major work since the 2023 'Beastly London' campaign, which included animal-themed murals across the city. Within two hours of posting, the image garnered over 300,000 likes, continuing the artist's tradition of cryptic, location-ambiguous public interventions.

It is the great Mark Rothko leading Sotheby's first auctions in New York

È il grande Mark Rothko a guidare le prime aste di Sotheby’s a New York

Sotheby's kicked off New York's art and auction week with two major sales on May 14, 2026, led by the highly anticipated Robert Mnuchin: Collector at Heart Evening Auction. The top lot was Mark Rothko's "Brown and Blacks in Reds" (1957), which sold for $85.8 million, the second-highest price ever for the artist at auction. The Mnuchin auction achieved a "white glove" sale, selling all 11 lots for a total of $166.3 million, followed by The Now & Contemporary Evening Auction which brought in $266.8 million. Combined, Sotheby's generated $433.1 million, a 133% increase over its May 2025 session. The sales reflect a strong return of high-value trophy lots to the secondary market, driven by the dispersal of prominent collectors' estates.

India’s art market sees major resurgence in 2025; M F Hussain’s work breaks record

India's art market experienced a major resurgence in 2025, driven by record auction sales for modernists like M.F. Husain, Tyeb Mehta, and V.S. Gaitonde. Husain's 'Gram Yatra' became the first Indian painting to sell for over USD 10 million, setting a new benchmark. The boom is fueled by India's strong economy, rising private wealth, digital platforms, and increased global recognition. The India Art Fair in Delhi and the launch of India Art Fair Contemporary in Mumbai highlighted strong sales, with galleries selling 90% of their stands on preview day. A reduction in India's goods and services tax on art from 12% to 5% further boosted the market, while independent reports estimate Indian art auctions reached Rs 2,456.7 crore, up over 20% from the previous year.

Matt Dillon’s New Paintings Trace a Journey Across West Africa

Actor Matt Dillon presents his first solo exhibition at The Journal Gallery in New York, titled "Porto Novo to Abomey," opening April 24. The series of paintings was inspired by Dillon's travels through Senegal and Benin after filming Claire Denis's movie *The Fence* (2025). Dillon, who began painting about a decade ago with little formal training, creates spontaneous, textured works featuring bold figures, symbols, and words. The show's title traces a 100-mile journey from Benin's capital to the historic Kingdom of Dahomey, reflecting the artist's impressions of local textiles, architecture, and landscapes.

lynne drexler painting sets a record at christies

Christie’s Post-War and Contemporary Art day sale on Thursday achieved $88.7 million, with an 88% sell-through rate by lot and 90% by value. The standout lot was Lynne Drexler’s 1960 painting *Keller Fair II*, which sold for $2,027,000—shattering her previous auction record by nearly $500,000 and far exceeding its $800,000–$1.2 million estimate. The work, a dense abstraction from Drexler’s early 1960s period, was described by advisors and dealers as a rare, exceptional example.

museums in crisis takeaways

Artnet News published its 'Museums in Crisis' series, a global investigation into pressures facing cultural institutions. Key takeaways include: Western museums face a funding and political crisis, with U.S. institutions losing hundreds of millions in federal support (including $428 million from the National Endowment for the Humanities) and European museums like those in Berlin facing cuts of €130 million. Corporate sponsorship is increasingly risky due to ethical scrutiny, with the U.K.'s Museums Association urging institutions to avoid ties to fossil fuels or human rights abuses. China's private museums are at risk of downsizing or disappearing due to economic slowdown and lack of public funding.

Record sales and a tax break close out blockbuster year for South Asian Modern market

Two record-breaking auctions closed a blockbuster year for the South Asian Modern art market. On 27 September, Saffronart in New Delhi sold 85 lots for $40.2 million—the largest single sale ever in South Asia—while on 29 September, Sotheby’s in New York sold 54 lots for $25.5 million, a record total for South Asian art in the West. These followed Christie’s March sale of M.F. Husain’s mural *Gram Yatra* (1954) for $13.7 million, the highest price ever for an Indian painting. India also enacted a major tax reform, cutting the Goods and Service Tax (GST) on art from 12% to 5%, further stimulating the market.

Inspiration awaits at the Art Gallery of NSW, Sydney

The Art Gallery of New South Wales (AGNSW) has solidified its status as a premier global cultural destination following the completion of its Sydney Modern Project. The institution now comprises two distinct architectural landmarks: the historic Naala Nura (South Building) and the contemporary Naala Badu (North Building), designed by Pritzker Prize-winning architects SANAA. These new Aboriginal names, meaning "seeing Country" and "seeing waters," reflect a deep institutional commitment to Indigenous engagement and the gallery's unique geographic position overlooking Sydney Harbour.

In 2026, DeviantArt Is Helping Artists Cut Through The Noise and Fuel Sustainable Careers

DeviantArt has undergone a significant resurgence, reaching over 108 million users by 2026 following a multi-year modernization effort. The platform has pivoted away from traditional advertising models to a creator-centric ecosystem that prioritizes artist monetization through subscriptions, digital tip jars, and low-fee sales. By removing third-party ads and implementing advanced image protection technology, the site has positioned itself as a secure alternative to mainstream social media for digital creators.

‘Reality Decay’ Is at the Root of All the Bad News

The article connects a 2009 artwork by Paul Chan, 'Sade for Sade’s Sake,' to the recent release of the Jeffrey Epstein emails. The artwork, a shadow puppet projection based on the Marquis de Sade's violent text, was referenced in a 2010 email from an art adviser to Epstein, suggesting artists who could realize his desires for his private island. This link places a contemporary artwork directly into the evidence of a high-profile criminal conspiracy.

Art, Ambition and Atmosphere: Inside Dallas Contemporary’s Annual Gala

Dallas Contemporary held its annual gala and benefit auction on a balmy night, raising over $1 million. The event, presented by Headington Companies and board president Ann McReynolds with John McReynolds, featured a live auction led by Christie’s Brett Sherlock, a runway show by students from Booker T. Washington School for the Performing Arts, and a surprise donation from painter Francisco Moreno. Guests included philanthropist Grace Cook, collector Marguerite Hoffman, artist Vicki Meek, and museum director Jeremy Strick, among others.

state of the art market an analysis of global auction sales in the first five months of 2022

Artnet News, in collaboration with Morgan Stanley and the Artnet Price Database, analyzed global auction sales from January through May 20 for the years 2018 to 2022. The total auction sales for the first five months of 2022 reached $5.7 billion, just barely exceeding the previous high set in 2018. The sell-through rate was 73.4%, the second highest in the period examined. The average price of a work sold surged 180% from 2020 and 26% from 2021, driven by pent-up supply of high-value works. Sales of works priced at $10 million and above grew nearly 50% year-over-year, fueled by major consignments from the estates of Thomas and Doris Ammann, Anne Bass, and Harry and Linda Macklowe. Meanwhile, sales of works under $10,000 increased 43% since 2018, partly due to the rise of online auctions during the pandemic.

Quatre Moreau le Jeune pour Versailles

The French state has preempted four drawings by Jean-Michel Moreau le Jeune at a Christie's Paris auction, securing them for the Palace of Versailles. The works, sold in two lots, depict the festivities in Paris following the birth of the Dauphin Louis Joseph in autumn 1781, including the arrival of the Queen at the Hôtel de Ville and a fireworks display. The drawings were commissioned by the City of Paris and were intended to be engraved, marking a high point of public commissions under the ancien régime. The preemption was made possible through the support of the Friends of the Louvre, echoing a similar acquisition of Hubert Robert works from the same Veil-Picard sale.

How did a 16th-century European basin end up as a sacred object in West Africa?

The Aya Kese, a massive 16th-century northern European brass basin, is currently on display at the British Museum while its complex history remains under scrutiny. Looted by British officer Robert Baden-Powell in 1896 from the Asante kingdom’s royal mausoleum in present-day Ghana, the object was long sensationalized by colonial accounts as a vessel for human sacrifice. Recent scholarship and historical records from Asante King Prempeh I contest these claims, asserting the basin’s sacred role as a spiritual repository for the souls of the Asante people.

louvre robbery footage french television

French broadcaster France Télévisions aired previously unseen footage of the October 2025 robbery at the Louvre Museum, in which thieves stole crown jewels worth approximately €88 million ($102 million). The four-minute video, shown on the investigative program Complément d'enquête, captures the thieves smashing display cases with their fists and an angle grinder while security guards remain largely motionless nearby. One guard briefly confronts the thieves with a rope stanchion before backing down, and another makes a phone call. The footage corroborates findings from a security audit that deemed the museum's system "outdated and inadequate," with a severe lack of functioning cameras. Louvre director Laurence des Cars had previously stated that the sole camera covering the gallery was facing the wrong direction, and it took guards eight minutes to access the correct feed during the break-in.

msk ghent declines to return nazi looted painting

The Museum of Fine Arts (MSK) in Ghent has refused to return Gaspar de Craye's Nazi-looted *Portrait of Bishop Triest* to the heirs of its original owner, Samuel Hartveld. An independent commission found the painting was sold under duress after the German occupation of Belgium in 1940, but concluded that Hartveld and his family were later financially compensated by the city, leading MSK to retain the work. Jewish groups EJA and JID are contesting the decision, arguing that international principles mandate restitution regardless of compensation.

museums association code of ethics fossil fuel sponsorships

The Museums Association (MA) in the United Kingdom has proposed a new code of ethics that, for the first time, explicitly mentions fossil fuel companies. The guidelines recommend that museums transition away from sponsorship by organizations involved in environmental harm, human rights abuses, or other activities misaligned with museum values, and instead seek ethical funding that serves community interests. MA members will vote on ratifying the changes from September 15 until the annual conference on October 7, with the last code updated in 2015.

mps to debate whether sponsorship and advertizing by fossil fuel companies should be banned in uk

On Monday, the UK Parliament will debate whether to ban sponsorship and advertising by fossil fuel companies, following a petition with over 100,000 signatures. The petition specifically cites the £50 million partnership between BP and the British Museum, arguing that such deals allow fossil fuel giants to greenwash their reputations. While the government has no current plans to restrict fossil fuel advertising, cultural institutions like the National Portrait Gallery, Tate galleries, and Royal Opera House have already ended sponsorship deals with BP. The British Museum has defended its BP deal, with director Nicolas Cullinan stating the funding helps keep the museum free to the public.

Collecting in Madrid: 50 Ways to Build the Contemporary

COLECCIONAR EN MADRID: 50 FORMAS DE CONSTRUIR LO CONTEMPORÁNEO

The exhibition 'Madrid Colecciona. 50 colecciones de arte contemporáneo' opened at CentroCentro, showcasing a hundred works from fifty private collections in Madrid. It shifts focus from the artwork and artist to the often-opaque figure of the collector, allowing each collector to present two pieces: one of personal significance and one recent acquisition, accompanied by their own explanatory texts.

real estate investor carl gambino young collectors

Real estate investor Carl Gambino, who splits his time between New York, Los Angeles, and Miami, discusses his art collection and approach to collecting in an interview with Cultured. Gambino, who once considered flipping art but resolved to buy for keeps, shares his early mistake of buying under social pressure at a dinner in France, a decision that left him feeling sick. He credits Kim Hastreiter of Paper magazine and Marsea Goldberg of New Image Art for teaching him to buy only what he loves. His collection features emerging painters such as Alejandro Piñeiro Bello, Cynthia Talmadge, Tianyue Zhong, and Dennis Miranda Zamorano, and he supports exhibitions including a showing of LaKela Brown at the Museum of Contemporary Art Detroit.

Almost Everything in the World Depends on This Substance

"Fast alles in der Welt hängt von dieser Substanz ab"

Artist Monira Al Qadiri presents her exhibition "Hero" at the Berlinische Galerie, focusing on oil tankers as central figures. The show explores the hidden violence and scale of the petroleum industry through a large wall painting of the supertanker Hero, miniature tankers with satirical names, and a video work depicting their destruction. Al Qadiri connects this to her long-term artistic investigation of oil's imagery and materiality.

Dark Mode: Inside the Art Market’s Private Auction Playbook

A secret, invitation-only auction for a single Andy Warhol portrait of Brigitte Bardot was held at a private bar in New York on November 19, 2025, during the major public auction week. Organized by the online platform Fair Warning and presided over by former Christie's auctioneer Jussi Pylkkänen, the event attracted elite collectors and resulted in a $16.7 million sale, making it the most expensive Warhol of the season.

Bank of America ArtTactic Art Market Report 2026 Trends

b of a arttactic art market report 2026 trends

The US art market experienced a 23 percent increase in auction sales in 2025, reaching approximately $3.17 billion according to a joint report by Bank of America and ArtTactic. This growth was not fueled by a rise in general demand but was instead driven by high-value estate consignments, a return to established historical artists, and a heavy reliance on financial guarantees. The data indicates a shift away from the speculative flipping of 'wet paint' contemporary works, which saw negative returns for pieces held for less than five years.

This Small Dorothea Tanning Painting Sold for $120,000 per Square Inch—and Set a New Record

Dorothea Tanning's small 1942 Surrealist painting, 'Children's Games,' sold for £3.8 million ($5 million) at Christie's London, nearly quadrupling its low estimate. With fees, the final price reached $6.26 million, setting a new auction record for the artist and achieving a remarkable price of approximately $120,000 per square inch.

venice biennale russia pavilion eu funding

The European Union has threatened to withdraw a €2 million grant from the Venice Biennale following Russia's decision to return to the international exhibition for its 61st edition. The EU Commission warned that providing a platform for a Russian national pavilion risks legitimizing figures connected to the Kremlin and violating sanctions, while Biennale organizers have defended the move as a commitment to artistic freedom and a rejection of censorship.