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hong kong adrian cheng web3 blockchain immersive experiences

Adrian Cheng, the mega-collector and regular on ARTnews' Top 200 Collectors list, has announced his new venture ALMAD Group after resigning as CEO of his family's Hong Kong property firm New World Development Co. (NWD) last year. The company will focus on digital assets, blockchain technologies, and immersive digital experiences across entertainment, sports, and media in mainland China, Southeast Asia, and the Middle East. ALMAD has absorbed Cheng's art-meets-commerce platform K11 by AC, which includes the K11 Craft and Guild Foundation, the K11 Art Foundation, and the K11 Art Malls that pair luxury retail with exhibitions by artists like Damien Hirst and Takashi Murakami.

art world figures time 100 list

Time magazine released its annual Time 100 list on September 20, 2025, naming the most influential people of the year across six categories. Four art world figures made the list: visual artists Yoshitomo Nara and Mickalene Thomas (categorized as an "innovator"), architect Annabelle Selldorf, and novelist/filmmaker/performance artist Miranda July. The list also includes corporate CEOs, Trump administration members, fashion designers, and athletes, with each entry accompanied by a write-up from a fellow celebrity.

kenneth griffin lends us constitution to the national constitution center

Billionaire Citadel CEO and art collector Ken Griffin has announced he will lend his rare copy of the U.S. Constitution to the National Constitution Center (NCC) in Philadelphia for public display through 2026. The loan is accompanied by a $15 million gift—the largest single donation in the NCC’s history—which will fund two new galleries focused on America’s founding principles and the separation of powers, both slated to open in 2026. Griffin will also loan a first printing of the 17 proposed constitutional amendments from 1789, ten of which became the Bill of Rights. In recognition, the NCC will rename its central hall the Kenneth C. Griffin Great Hall.

frieze sells to hollywood kingpin ari emanuel in 200 million deal

Frieze, the art fair and media company, has been sold to Ari Emanuel, the former CEO of Endeavor, in a deal valued at around $200 million. The acquisition, reported by the Financial Times, covers Frieze's seven global fairs, its magazine, and its London exhibition space, No. 9 Cork Street. Emanuel, who stepped down as Endeavor CEO in March following the $25 billion acquisition of the conglomerate by Silver Lake, will own Frieze through a new company backed by a consortium of investors. Simon Fox will remain CEO, and the deal is expected to close in the third quarter of 2025.

Art meets tech: 6 ways to experience both during Miami Art Week

Miami Art Week is featuring a strong intersection of art and technology, with digital art taking center stage at major fairs. Art Basel Miami Beach (Dec. 5–7) debuts Zero 10, a curated section focused on digital art, showcasing works by Beeple (including robotic dogs resembling billionaires), Lu Yang, and others. CONTEXT Art Miami (Dec. 2–7) hosts Blackdove, a Miami-based digital art company, presenting its first fair exhibit titled "Code and Canvas: The Digital Art Genome." Other tech-forward installations include Emmanuel Van der Auwera's thermal video piece and Holly Herndon & Mat Dryhurst's AI-driven digital canvas.

Various Small Fires OC pulls back the Orange Curtain in Tustin

Various Small Fires (VSF) founder Esther Kim Varet opened a new gallery space, VSF OC, in Tustin, Orange County, in April 2025. The inaugural exhibition, “The Orange Curtain,” features Southern California contemporary artists Edwin Arzeta, Jackie Castillo, and Marcel Alcalá, all born and raised in Orange County. Curated by Varet, the show explores the cultural and political divide between Orange County and Los Angeles, and runs through May 31. The opening drew local art leaders, collectors, and families, including Heidi Zuckerman, CEO of the Orange County Museum of Art.

LACMA Geffen Galleries Opening Gala Brings Out Artists, Supermodels, Oscar Winners & Studio Chiefs – Photo Gallery

The Los Angeles County Museum of Art (LACMA) hosted a high-profile opening gala for its new David Geffen Galleries, drawing a massive crowd of celebrities, industry titans, and art world figures. The guest list spanned various sectors of influence, including Disney CEO Bob Iger, artist Jeff Koons, and director Alejandro González Iñárritu, all gathered to celebrate the completion of the museum's new centerpiece.

frieze launches new seoul space

Frieze has announced the launch of Frieze House Seoul, a year-round exhibition and project space in the Yaksu-dong neighborhood, set to open alongside the fourth edition of Frieze Seoul from September 3 to 6, 2025. Housed in a four-story building dating from 1988, the venue will host short-term gallery residencies, special projects, and curated exhibitions beyond the fair dates, and features a permanent site-specific installation by SANAA founders Kazuyo Sejima and Ryue Nishizawa. The news comes as Frieze works to extend its five-year partnership with Kiaf, the fair run by the Galleries Association of Korea, which began in 2022 and is set to expire in 2026.

derek jeter red grooms sculpture

Miami-Dade County has granted permission to the Miami Marlins, led by CEO Derek Jeter, to move Red Grooms's massive kinetic sculpture *Homer* from its original location inside Marlins Park to a new outdoor plaza called the Marlins Park Art Walk. The 73-foot-tall, $2.5 million artwork, which activates with water jets and spinning figures after every Marlins home run, has been opposed by the 81-year-old artist, who argues the un-weatherized piece will be damaged by the elements. Grooms and his wife have publicly appealed to keep the sculpture in place, but the county's Art in Public Places board approved the relocation, with the team facing a $2,000-a-day fine if the work is not reinstalled by January 1, 2020.

LACMA’s New Era Begins With David Geffen Galleries Opening

The Los Angeles County Museum of Art (LACMA) is preparing to open its new David Geffen Galleries in April, marking a major milestone in a two-decade transformation led by CEO and director Michael Govan. The opening coincides with the 20th anniversary of Govan's hiring and features Jeff Koons's outdoor sculpture 'Split-Rocker' as an anchor piece.

‘Everyone benefits’: Art Basel’s chief on the new Paris VVIP slot and the viability of its Qatar fair

Art Basel Paris held its fourth edition with a new VIP preview slot called Avant Première, where galleries nominated six key collectors to enter the fair on Tuesday afternoon before the main opening. Major sales were reported, including a $23 million Gerhard Richter painting at Hauser & Wirth, a Modigliani for nearly $10 million at Pace, and a $7.5 million Ruth Asawa sculpture at David Zwirner. CEO Noah Horowitz discussed the rationale for the exclusive preview, the renaming of the VIP relations team to 'collector and institutional relations,' and the viability of the upcoming Art Basel Qatar fair amid growing competition in the Gulf region.

LACMA opens its new building for a sneak peek: Photos from the first preview

The Los Angeles County Museum of Art (LACMA) held its first public event inside the new Peter Zumthor-designed David Geffen Galleries on Thursday evening, offering a sneak peek before art is installed. The preview featured a site-specific concert by composer Kamasi Washington, with multiple bands and a choir performing throughout the empty concrete galleries. The building, which has been under construction for five years, is targeted to open in April 2026, though some construction details remain unfinished and landscaping is still settling.

art lyra art foundation kenturah davis dominique fung

On Wednesday, artists Kenturah Davis and Dominique Fung joined LYRA Art Foundation founder Tanya Eves and CULTURED Editor-in-Chief Sarah Harrelson for a breakfast panel in New York. The conversation explored how patrons and institutions can help artists overcome limitations in resources, space, and funding to realize ambitious projects. Davis, a multidisciplinary artist working with text, graphite, and oil paints, and Fung, a painter and sculptor whose installation on death rituals and excavation opens at the Institute of Contemporary Art San Francisco with LYRA support, shared their experiences alongside art world leaders including Aspen Art Museum CEO Nicola Lees, art advisor Allan Schwartzman, Whitney Museum Chief Curator Kim Conaty, and Met curator Jane Panetta.

Yerba Buena Center for the Arts Appoints Essence Harden as Senior Curator

Yerba Buena Center for the Arts (YBCA) in San Francisco has appointed Essence Harden as senior curator, effective May 18. Harden currently serves as curator of Expo Chicago and has organized the Focus section of Frieze Los Angeles since 2024, roles they will continue with YBCA's support. An independent curator, Harden recently co-curated the 2025 Made in L.A. biennial at the Hammer Museum and previously held positions at the California African American Museum, Orange County Museum of Art, Art + Practice, Museum of the African Diaspora, and Oakland Museum of California. A Bay Area native, Harden's hiring marks a homecoming.

carly murphy art basel collectors

Carly Murphy, Christie’s head of client strategy for the Americas, is leaving the auction house to join Art Basel as global head of collector and institutional relations, a newly created position. She will report to Vincenzo de Bellis, the fair’s chief artistic officer and global director of fairs, and begins later this month. The move comes as the art market faces slowing sales, with global art and antiques sales falling 12% in 2024 to $57.5 billion, according to the latest Art Basel and UBS Art Market Report.

Controversial Costumes at the Met’s Newest Galleries

The Metropolitan Museum of Art in New York has opened the new Conde M. Nast Galleries, designed by the Brooklyn-based firm Peterson Rich Office (PRO). The inaugural exhibition, titled "Costume Art," features 200 pieces from various museum departments and will run until January 10, 2027. The 12,000-square-foot space, located off the Great Hall, incorporates historic structural elements and uses subtle lighting and materials to create a quiet backdrop for the display of fragile costumes and art objects.

Thai pharma dynasty opens doors to 1,000-piece contemporary collection

The Dib Bangkok museum, housing a 1,000-piece contemporary art collection amassed by the late Thai businessman and musician Petch Osathanugrah, opened this month in a converted 1980s warehouse in Bangkok. The project was completed by his son Purat 'Chang' Osathanugrah, president of Bangkok University and CEO of Zipcode, with inaugural director Miwako Tezuka (formerly of Asia Society Museum) leading the institution. The 7,000 sq. m space, designed by architect Kulapat Yantrasast of WHY Architecture, features 11 galleries, a courtyard, sculpture garden, and a satellite project space called Dib26.

British Museum Unveils Elaborate Display for Bayeux Tapestry

The British Museum has revealed its plans for displaying the nearly 1,000-year-old Bayeux Tapestry when it arrives on loan from France later this year. For the first time in recent history, the 230-foot-long embroidered narrative of the Norman Conquest will be laid flat in a bespoke case, allowing visitors to view all 58 scenes in a single unbroken display. The exhibition, supported by a £5 million pledge from WorldQuant CEO Igor Tulchinsky, will also feature loans including the Junius II manuscript from Oxford's Bodleian Libraries and silver coins from the Chew Valley Hoard. Tickets for the ten-month show, opening September 10, cost £25–£33.

Smithsonian’s American Art Museum Appoints New Director Amid Turbulent Moment

The Smithsonian American Art Museum (SAAM) has appointed Lynda Roscoe Hartigan as its new director, concluding a 17-month search. Hartigan, who is leaving her position as executive director and CEO of the Peabody Essex Museum, will begin her role in September, succeeding acting director Jane Carpenter-Rock. She previously worked at SAAM as a curator in the 1970s and has held senior leadership roles at the Peabody Essex Museum and the Royal Ontario Museum.

philadelphia art museum rebranding

The Philadelphia Museum of Art is reversing its controversial rebranding decision, abandoning the name "Philadelphia Art Museum" and the acronym "PhAM" after widespread backlash. The museum will retain its new griffin logo but restore the original name, Philadelphia Museum of Art, across all platforms. The rebrand, developed with Brooklyn design studio Gretel at a cost of $1 million, was rolled out less than four months ago but met with public mockery and internal turmoil. The reversal follows the firing of CEO Sasha Suda, who filed a lawsuit over her ouster, and the appointment of Daniel Weiss, former CEO of the Metropolitan Museum of Art, as her successor. Chief marketing officer Paul Dien also resigned amid the fallout. The board voted unanimously to undo the name change after a survey commissioned by an interdisciplinary task force.

philadelphia art museum reverses rebrand

The Philadelphia Museum of Art has reversed its controversial rebrand, announced just four months ago, and will return to its original name. The institution will, however, retain the new griffin logo and brand identity introduced in October. The decision followed a unanimous vote by the board of trustees, based on recommendations from a task force that surveyed staff, trustees, members, and the public.

judge rules philadelphia museum director suit arbitration

A judge has ruled that the legal dispute between the Philadelphia Art Museum and its former director and CEO, Sasha Suda, must be resolved through private arbitration, not a public jury trial. Suda was dismissed in November, with the museum citing "for cause" but not providing specifics, and she subsequently sued, alleging the museum conducted a sham investigation and falsely accused her of misusing funds and theft.

lisa funderburke newark museum of art director

The Newark Museum of Art in New Jersey has appointed Lisa Funderburke as its new director and CEO, effective February 1. She succeeds Linda C. Harrison, who left the position seven months ago. Funderburke joins from the Artist Communities Alliance, a much smaller nonprofit focused on supporting artists and residencies.

philadelphia art museum board firing director daniel weiss

Daniel H. Weiss, the new director of the Philadelphia Art Museum, gave his first extensive interview to the Philadelphia Inquirer, defending the museum's board after the controversial firing of his predecessor, Sasha Suda. Suda was terminated in November for alleged misappropriation of funds, including a $39,000 salary increase over two years, which she claims was authorized and is now the subject of a lawsuit. Weiss, formerly president and CEO of the Metropolitan Museum of Art, stated the board does not need radical restructuring but acknowledged the museum faces a financial deficit and needs to address its widely ridiculed rebrand from the Philadelphia Museum of Art to the Philadelphia Art Museum (acronym PhAM). He has begun a listening tour with staff to assess problems, and the marketing chief who led the rebrand has since resigned.

philadelphia art museum executive rebrand resigns

Paul Dien, the chief marketing officer behind the Philadelphia Museum of Art's controversial rebranding, has resigned effective February 1. Dien, who joined the museum in 2023, oversaw the institution's name change to "Philadelphia Art Museum" and a new visual identity that drew widespread public mockery on social media. The rebranding was intended to boost attendance, but faced backlash from locals and critics. Dien's departure follows the ouster of former director and CEO Sasha Suda in November, who has since filed a wrongful dismissal lawsuit against the museum.

sasha suda philadelphia art museum

Sasha Suda, the former director and CEO of the Philadelphia Museum of Art, has filed a lawsuit against the institution less than a week after her abrupt firing. The legal complaint alleges breaches of contract, bad faith, unfair treatment, and abuse. Suda, who served for three years, is seeking two years' severance and damages, represented by high-profile art world attorney Luke Nikas of Quinn Emanuel. Her ouster came shortly after the museum unveiled a controversial rebranding, changing its name from the Philadelphia Museum of Art to the acronym PhAM and introducing an unpopular griffin logo. The museum has stated the lawsuit is without merit. Louis Marchesano, deputy director of curatorial affairs and conservation, is currently serving as interim leader.

philadelphia art museum accuses ex director sasha suda theft

The Philadelphia Museum of Art has accused its former director and CEO, Sasha Suda, of misappropriating funds and lying to cover up theft, according to a motion to compel arbitration filed by the museum. The motion denies Suda's claims of wrongful termination and alleges that she awarded herself unauthorized salary increases after the Compensation Committee denied her requests. Suda had filed a civil suit earlier this month alleging wrongful termination, unfair treatment, and abuse. Her lawyer, Luke Nikas, called the museum's allegations false and part of a pattern of misconduct.

philadelphia art museum daniel weiss director controversy

The Philadelphia Art Museum has appointed Daniel H. Weiss, former president and CEO of the Metropolitan Museum of Art, as its new director and CEO, effective December 1. Weiss, who led the Met for eight years until 2023 and most recently served as a professor and senior adviser at Johns Hopkins University, will guide the museum through at least 2028. His appointment follows the abrupt ouster of previous director Sasha Suda, who was terminated for cause on November 4 and has since sued the museum, alleging board members falsely accused her of misusing funds. The museum’s board chair, Ellen Caplan, praised Weiss’s leadership experience but did not address Suda’s dismissal.

sasha suda investigated philadelphia art museum lawsuit

Sasha Suda, former director and CEO of the Philadelphia Museum of Art, has filed a lawsuit against the institution after being dismissed last week. The suit alleges that board members accused her of misusing museum funds for personal gain, which she claims was part of a "sham" investigation. Reports indicate the investigation examined her salary—just under $729,000 in 2023, among the highest for museum leaders—and expenses that had already been cleared. Suda also alleges the "final straw" was a disagreement over board chair Ellen Caplan's attempt to bring lobbyist Melissa Heller onto the board, which Suda opposed. She says she was fired without valid basis while leading an event for international museum leaders.

sothebys sells york avenue hq weill cornell breuer move

Sotheby's has sold its longtime New York headquarters at 1334 York Avenue to Weill Cornell Medicine, marking the final step in a major real estate transformation. The auction house will lease back floors 7–10 under a long-term lease while relocating its global headquarters to the Breuer Building at 945 Madison Avenue, which opens November 8 with a blockbuster exhibition. Sotheby's also acquired Gantry Point, a 240,000-square-foot complex in Long Island City, in 2023. CEO Charles Stewart stated the sale proceeds will reduce debt and invest in core business.