filter_list Showing 431 results for "RISK" close Clear
dashboard All 431 article news 119trending_up market 89museum exhibitions 71article policy 61article culture 24person people 22article local 17gavel restitution 14rate_review review 9candle obituary 5
date_range Range Today This Week This Month All
Subscribe

American Artist and Sonya Clark among Guggenheim Fellows 2026.

The John Simon Guggenheim Memorial Foundation has announced its 101st class of Guggenheim Fellows, awarding grants to 223 individuals across 55 disciplines. Among the 30 fine artists selected for the 2026 cohort are Brooklyn-based conceptual artist American Artist, textile artist and educator Sonya Clark, and interdisciplinary artist Allison Janae Hamilton. Each fellow receives a financial stipend designed to provide the creative and intellectual freedom necessary to pursue their work without restrictive conditions.

A Think Tank and a Foundation Team Up On $1 M. in Accelerator Grants for Museum and Performing Arts Leaders—Timothée Chalamet Be Damned

A think tank and a philanthropic foundation have launched a $1 million accelerator grant program for museum and performing arts leaders. The initiative, a partnership between Remuseum (an initiative of Crystal Bridges Museum) and the Doris Duke Foundation, will award up to ten $100,000 grants and provide a year-long residency program to help leaders develop innovative strategies to boost relevance and financial stability.

V&A Pulls Catalog Materials Due to Chinese Censorship Laws

The Victoria and Albert Museum (V&A) in London has admitted to removing maps and images from two exhibition catalogs following censorship demands from a Chinese printing firm. Documents revealed that C&C Offset Printing flagged content in the catalogs for the exhibitions "Music Is Black" and "Fabergé: Romance to Revolution" as violating Chinese law. The censored items included a 1930s map of British trade routes and a photograph of Vladimir Lenin, which the printer claimed could not be produced under Beijing’s strict regulations.

New York Gallery The Hole Sued Over Back Rent, Accused of Not Paying Artists and Workers

The Hole, a prominent New York-based contemporary art gallery, is facing multiple lawsuits and allegations of financial instability. Legal filings from landlords at both its Bowery and Tribeca locations indicate significant rent arrears totaling over $180,000, alongside unpaid real estate taxes. Founder Kathy Grayson confirmed the closure of the gallery’s Los Angeles outpost, attributing the crisis to a sharp decline in sales starting in late 2023 and a destabilizing period of rapid expansion.

the first gulf quinquennial in the uae argues for a less is best approach to group shows 1234739146

NYU Abu Dhabi Art Gallery has launched its first Gulf Quinquennial, titled "Between the Tides," featuring around 30 artists from the Gulf Cooperation Council countries. The exhibition presents a coherent selection of videos, installations, paintings, and traditional record-keeping practices, aiming to deepen and complicate the cultural narrative of the Arabian Peninsula by highlighting its diversity, linguistic interactions, and migrant labor.

united states artists 2026 fellowships 1234769922

United States Artists, a Chicago-based nonprofit, has named 50 artists as recipients of its 2026 USA Fellowship and awarded the Berresford Prize to Lori Lea Pourier. Each fellowship comes with an unrestricted $50,000 grant, marking the 20th anniversary of the organization founded in 2006. The 2026 cohort spans nine disciplines, including visual art, media, and writing, with notable fellows such as Mendi + Keith Obadike, Nancy Baker Cahill, Edra Soto, Eric-Paul Riege, Macon Reed, Maia Chao, and Johanna Hedva. The Berresford Prize honors Pourier for her decades of advocacy for Native artists and her role in founding the First Peoples Fund.

curators museum directors offer support in letter to louvre 1234758931

Fifty-seven curators and museum directors, including Christophe Cherix of MoMA and Michael Govan of LACMA, signed an open letter published by Le Monde expressing solidarity with Louvre director Laurence des Cars following the theft of the museum's crown jewels. The letter emphasizes that museums are not immune to global violence and that such thefts represent a profound fear for museum professionals, while reaffirming that museums must remain open and accessible despite security risks.

p staff david zwirner review 1234755199

P. Staff's current exhibition at David Zwirner in New York transforms the gallery's Upper East Side townhouse into a haunting, body-centric experience. The show features a new video titled *Penetration* (2025), split across three floors, depicting a person with a laser beamed at their bare stomach, alongside sculptures with wood spikes under latex drapes and ambient sounds of a beating heart. The installation evokes a dread of having a body, with jaundiced yellow window films and disjointed sensory elements creating an uncomfortable, dysphoric atmosphere.

Is Chinese Censorship Reaching Inside Britain’s Museums?

London’s Victoria and Albert Museum (V&A) has come under fire following reports that it altered exhibition catalogues to comply with Chinese government censorship. To reduce production costs, the museum utilized printers in China, which are subject to Beijing’s General Administration of Press and Publication (GAPP) regulations. Consequently, the museum removed historical maps and an image of Vladimir Lenin from publications for the "Music is Black" and "Fabergé: Romance to Revolution" exhibitions after they were flagged by Chinese authorities.

Open Letter on the Imminent Departure of the Gelman Collection from Mexico

An open letter signed by hundreds of Mexican artists and cultural figures warns that the core of the renowned Gelman Collection, including eleven Frida Kahlo paintings declared national monuments, is at risk of permanent export from Mexico. The letter alleges that Banco Santander's new Faro Santander museum, through an agreement with collector Marcelo Zambrano, is misinterpreting Mexico's strict heritage laws to justify a "dynamic" but effectively permanent display abroad, which would violate the legal prohibition on the permanent export of Kahlo's work.

Private Sales Are Surging as Auction Houses Lean into Exclusive, Experience-Led Selling

Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.

michael h smith dealer curator artist dead 1234762619

Michael H. Smith, an artist, dealer, and curator who played a pivotal role in developing Southern California's art scene in the 1970s and '80s, died on October 31 in Santa Barbara at age 80. Smith opened his eponymous gallery in Los Angeles in 1971, later became a partner at the Jack Glenn Gallery, and served as director of the Baxter Art Gallery at Caltech from 1977 to 1982, where he staged exhibitions for artists including Hans Haacke, Richard Tuttle, and Berenice Abbott. He also founded a consultancy for artists, taught at UC Irvine, and worked as a conceptual photographer whose works were exhibited by dealer Craig Krull.

art insurance los angeles wildfires 1234755619

Ron Rivlin, owner of Revolver Gallery in Los Angeles and a prolific collector of Andy Warhol works, lost his Pacific Palisades home and 340 artworks—including 30 Warhols and pieces by Keith Haring, John Baldessari, Damien Hirst, Alex Katz, and Kenny Scharf—to the January 2025 wildfires that swept through Los Angeles County. The fires, fueled by powerful winds and dry conditions, consumed approximately 60,718 acres and 17,291 structures, killing 30 people. Numerous other artists, collectors, and arts professionals, including Beatriz Cortez, Amir Nikravan, Salomón Huerta, and curator Paul Schimmel, also reported losing homes and artworks.

justin sun maurizio cattelan comedian bloomberg news lawsuit 1234749376

Justin Sun, the billionaire founder of TRON and buyer of Maurizio Cattelan's "Comedian," filed a lawsuit against Bloomberg LP and Bloomberg Inc. on August 11 in the U.S. District Court in Delaware. He seeks a temporary restraining order and injunctions to prevent Bloomberg from publishing his highly confidential financial information, including specific cryptocurrency holdings, which he claims would cause irreparable harm, risk of theft, hacking, and physical danger to him and his family. Bloomberg's attorney argued the application is moot because the article had already been published hours before Sun's lawyers gave notice. The Bloomberg profile estimated Sun's net worth at $12.4 billion, detailing his ownership of over 60 billion Tronix, 17,000 Bitcoin, 224,000 Ether, and 700,000 Tether.

philip falcone blce art loans picasso hirst ruling 1234748812

The New York Supreme Court ruled against former hedge fund manager Philip Falcone in a case brought against pawnbroker BLCE over loans secured by artworks and a diamond ring. Judge Lyle E. Frank sided with BLCE's counter-claims of fraud and breach of contract, finding that Falcone made misrepresentations when securing loans with the same artworks—including pieces by Pablo Picasso, Damien Hirst, and Richard Prince—from multiple lenders. Falcone had claimed the ring was "wrongfully foreclosed," but the court determined he failed to raise genuine issues of material fact.

how artverse helps galleries and advisors navigate todays art world 2752414

ArtVerse Advisory, a London-based B2B firm, has launched a suite of services designed to help galleries and art advisors overcome capital constraints and inventory limitations. Founded by CEO Amit Mehra, the company provides professional intermediaries with access to a curated selection of primary and secondary market works—ranging from blue-chip artists like Andy Warhol to rising stars like Raghav Babbar—through flexible deal structures such as consignments and personalized payment plans.

strategies art world 2667436

Cem A., an artist and anthropologist known for the art meme page @freeze_magazine, argues that the art world is suffering from an oversupply of graduates trained by art schools that cannot sustain them. He describes a paradox where art graduates face high unemployment and are dismissed as unqualified for non-art jobs, while those who remain in the field must align with market trends and the attention economy, risking burnout and compromised creativity. Cem A. shares his own experience of being rejected for being "too artsy" before finding success through his Instagram page, which opened doors that traditional career paths could not.

by the numbers christies 20th century sale totals modest 217 million 2643857

Christie’s held a doubleheader evening sale on May 12, 2025, featuring its regular 20th-century art auction and the Riggio collection. The various-owners sale achieved $216.9 million in total sales after fees, a 52% decline from the $413 million equivalent sale the previous year. The top lot was Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* (1891), which sold for $42.9 million with fees. The sale had a 94% sell-through rate, with 34 of 36 lots sold and none bought in. Notable moments included a new auction record for Dorothea Tanning at $2.3 million and a strong result for Remedios Varo’s *Revelación* (1955) at $6.22 million.

literature hans ulrich obrist curator book

Hans Ulrich Obrist, the prolific Swiss curator and artistic director of Serpentine Galleries, discusses his lifelong passion for books in a new interview timed to the U.S. release of his memoir "Life in Progress." Obrist reveals his daily ritual of buying a book, which has amassed an archive of over 40,000 volumes housed at LUMA Arles, and shares current reading recommendations including Kenneth O. Stanley's "Why Greatness Cannot Be Planned." He also reflects on the serendipitous origins of his Instagram Post-it note project, inspired by philosopher Umberto Eco and artist-poet Etel Adnan.

tefaf new york art fair trump tariffs impact 1234740253

New tariffs imposed under the Trump administration are causing significant disruptions for art professionals shipping works to major New York art fairs, particularly TEFAF New York. Shipping companies report a 'torturous road' as galleries navigate complex import taxes—including 7.5% on Chinese artworks, 25% on steel and aluminum sculptures, and 10% on jewelry, furniture, and design pieces—while many original artworks, antiques over 100 years old, and collector's pieces remain exempt. Galleries are modifying operations by renting booth furniture, showing items already stored in the US, and avoiding shipments from China, with some classifying antiquities broadly as 'sculpture' to simplify customs clearance.

art miami aqua art miami context art miami fair 2720381

Miami Art Week 2025 features three interrelated fairs—Art Miami, Context Art Miami, and Aqua Art Miami—running from December 2–7. Art Miami, celebrating its 35th year at One Herald Plaza, hosts over 160 galleries from 24 countries with blue-chip and emerging works, including a never-before-seen Alex Katz piece and Keith Haring's Subway Drawings. Context Art Miami returns for its 13th edition as a platform for emerging and mid-career artists with nearly 70 galleries, while Aqua Art Miami on Miami Beach transforms the Aqua Hotel into an intimate fair space for its 19th year.

Introducing CULTURED’s Inaugural Young Dealers List

CULTURED magazine has launched its inaugural Young Dealers List, highlighting 23 galleries under five years old that are reshaping the art world. Selected from over 100 recommendations gathered from more than 40 collectors, advisors, and curators, the list features ambitious new spaces in cities from Accra to Berlin. One featured gallerist, Adora Mba of ADA \ Contemporary Art Gallery in Accra, comes from a family of collectors and opened her gallery after working as a cultural news producer; she has dedicated her 2025 program to women artists and curators.

Peggy Guggenheim's influential—and short-lived—London gallery to be celebrated in new show in Venice and at London's Royal Academy

A new exhibition titled "Peggy Guggenheim in London: The Making of a Collector" will celebrate the legacy of Peggy Guggenheim's short-lived London gallery, Guggenheim Jeune, which operated from January 1938 to just 18 months later. The show, featuring over 100 works, opens at the Peggy Guggenheim Collection in Venice in spring 2026 before traveling to the Royal Academy in London. Highlights include the first painting Lucian Freud ever exhibited, Vasily Kandinsky's first solo London exhibition, and the first major collage group show in Britain, among other groundbreaking displays.

isaac wright speaks to artnews after being busted during the opening of his show in chelsea 1234743187

Urban explorer artist Isaac Wright, known as 'Drift,' was arrested by NYPD officers at the opening of his 'Coming Home' exhibition at Robert Mann Gallery in Chelsea. He faces a misdemeanor trespassing charge for allegedly climbing the Empire State Building to take a photograph featured in the show. Wright, who has been arrested four times for similar acts, was released on bail and spoke to ARTnews about the unexpected arrest in front of 400 gallerygoers.

Chicago’s Neighbors and Barely fairs show the strengths of smaller, alternative formats

Chicago’s art week is being defined by the success of alternative, small-scale satellite fairs like Barely Fair and Neighbors, which offer an intimate counterpoint to the massive Expo Chicago. Barely Fair, located in a storefront in McKinley Park, features 32 exhibitors presenting works in 20-inch-square miniature booths. This format encourages rigorous curation and creative risk-taking from a mix of artist-run spaces and established galleries, with price points ranging from $20 to $8,000.

Art Dubai Downsizes Dramatically as War Reshapes Plans

Art Dubai has announced a significantly scaled-back 20th-anniversary edition, reducing its exhibitor list by 57 percent following regional conflict and logistical disruptions. Originally scheduled for April, the fair has been postponed to May 15–17 at Madinat Jumeirah and will now feature only 50 galleries, with a heavy emphasis on regional participants. To support dealers during this period of uncertainty, organizers have implemented a "risk-sharing" booth fee model where galleries pay a percentage of sales capped at their original fee.

The Hole Gallery Sued Over Unpaid Back Rent

The Hole, a prominent contemporary art gallery founded by Kathy Grayson, has shuttered its West Hollywood location amid a wave of legal and financial troubles. Court filings reveal that the gallery faces multiple lawsuits for unpaid rent and real estate taxes across its Los Angeles and Manhattan outposts, with debts totaling over $180,000. Beyond real estate disputes, the gallery has been dogged by allegations of financial instability and delinquent payments to artists, including a 2019 lawsuit from artist Dan Lam regarding unpaid sales and damaged works.

Perfectly unusual settings for art in Los Angeles

Los Angeles is experiencing a surge in non-traditional exhibition spaces that bypass the conventional 'white cube' gallery model. Artists and curators are repurposing domestic apartments, former Vietnamese restaurants, vacant lots, and garages to host experimental shows. Notable examples include Greg Jenkins’s Paramount-Artcraft in the Fairfax District, Ian James’s Leroy’s in Chinatown, and David Horvitz’s 7th Ave Garden, which utilizes salvaged concrete from the Los Angeles County Museum of Art to create an outdoor installation and reading space.

creative australia khaled sabsabi grant venice controversy 1234756974

Creative Australia has awarded Khaled Sabsabi a $100,000 grant under its Visual Arts, Craft and Design Framework, supporting a solo show at the Samstag Museum of Art in Adelaide in 2027. This comes after Sabsabi was controversially dropped as Australia’s Venice Biennale representative in February over past works, including one depicting Hezbollah leader Hassan Nasrallah, and claims that he favored boycotts of Israel. Creative Australia cited an “unacceptable risk to public support,” but widespread backlash led to the departure of senior leaders and, in July, the reinstatement of Sabsabi and his curator Michael Dagostino.

‘It’s madness’: David Hockney blasts plans to loan Bayeux Tapestry to UK

British artist David Hockney has publicly criticized plans to loan the Bayeux Tapestry from France to the British Museum in London, calling the move “madness.” Writing in The Independent, Hockney argues that the 11th-century embroidery, which depicts the Norman invasion of England, could be damaged during transport across the English Channel, citing risks to its aged linen backing and wool threads. The tapestry is set to be displayed at the British Museum’s Sainsbury Exhibitions Gallery from September 2026 to July 2027 while its home in Normandy undergoes renovations. In response, British Museum director Nicholas Cullinan defended the loan, citing the museum’s expertise in handling ancient artifacts. The UK Treasury will insure the tapestry for an estimated £800 million, and in exchange, British treasures including the Lewis chessmen and Sutton Hoo helmet will travel to Normandy.