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Investor Says Artnet Layoffs Were Necessary for ‘Financial Strength’

Investor and owner Andrew E. Wolff has publicly explained the recent layoffs at Artnet and Artsy as a necessary step for the companies' financial restructuring and future growth. He framed the cuts as part of a broader consolidation strategy, merging the US businesses and organizational structures of the two digital art platforms while keeping their brands separate.

Ruins of a ‘Unique‘ Temple Complex Discovered in Northern Sinai

An Egyptian archaeological mission has unearthed a unique temple complex at Tell el-Farama, the site of the ancient city of Pelusium in northern Sinai. The discovery features a massive circular water basin, approximately 100 feet in diameter, surrounded by drainage channels and a central plinth likely intended for a statue. Initially mistaken for a civic building when first excavated in 2019, further study has revealed the site to be a sacred water installation used for religious rituals between the 2nd century BC and the 6th century AD.

Petroglyphs and cave paintings, some more than 4,000 years old, discovered in Mexico

Archaeologists from Mexico’s Instituto Nacional de Antropología e Historia (INAH) have identified 16 petroglyphs and cave paintings near the Tula River in Hidalgo. The artworks span over 4,000 years, ranging from prehistoric times through the Mesoamerican Postclassic period and into the early colonial era. The discovery, which includes depictions of the rain god Tláloc and various anthropomorphic figures, was made during archaeological salvage work for a new passenger rail line connecting Mexico City and Querétaro.

france national assembly vote bill looted artifacts

The French National Assembly has unanimously passed a landmark bill designed to streamline the restitution of cultural artifacts looted during the colonial era between 1815 and 1972. This legislative framework aims to replace the previous requirement for individual laws for every return, fulfilling a long-standing pledge by President Emmanuel Macron to restore African heritage. While the vote was unanimous, the debate was contentious, with critics arguing over the omission of the word "colonialism" to avoid far-right backlash regarding national "repentance."

Rome’s Colosseum Gets a New Pedestrian Plaza

Rome has unveiled a newly restored pedestrian plaza at the southern façade of the Colosseum following a four-year construction project. Led by Stefano Boeri Interiors, the renovation features a travertine-paved square that recreates the original floor level and footprint of the ancient amphitheater. The design uses stone plinths to mark the locations of long-lost columns, allowing visitors to visualize the massive scale of the structure as it appeared nearly 2,000 years ago.

Colosseum Facelift Restores Ancient Southern Entrance to Its Former Glory

Rome’s Colosseum has unveiled a major four-year restoration of its southern entrance, a project led by Stefano Boeri Interiors in collaboration with the Colosseum Archaeological Park. The renovation lowered the surrounding piazza to its original Roman-era height, reintroduced travertine flooring sourced from ancient quarries, and installed seating blocks that mark the locations of long-lost marble columns. During the excavation process, archaeologists recovered a wealth of historical artifacts, including ancient coins, statues, and gold jewelry, while leaving a specific section untouched to showcase the arena's complex hydraulic foundations.

Archaeologists Uncover a 2,000-Year-Old Hillfort in Estonia

Archaeologists from the University of Tartu have discovered a 2,000-year-old Iron Age hillfort at Köstrimägi in Tartu County, Estonia. Using high-resolution terrain mapping, the team identified a 16,000-square-foot fortification featuring an unusual stepped rampart system that dates back to between 41 BCE and 9 CE. Despite its size, the site yielded few artifacts beyond pottery fragments and charcoal, suggesting a very brief period of occupation before it was destroyed by fire.

Could Colorado Create the Country's First Artist Corporation?

Colorado legislators are considering a bipartisan bill to establish the nation's first Artist Corporation (A-Corp), a specialized limited liability company exclusively for artists. This legal framework aims to simplify incorporation, protect intellectual property rights, and allow artists to secure investors without ceding ownership of their creative output.

China Orders Nationwide Museum Audit After Missing Masterpieces Scandal

China's National Cultural Heritage Administration has mandated a comprehensive, item-by-item inventory of all state-run museum collections following a major scandal at the Nanjing Museum. The audit aims to verify that objects listed in official records physically exist in storage, a direct response to the discovery that donated national treasures, including a valuable Ming dynasty painting, were improperly transferred or sold into the private market over decades.

Week in wildlife: a flying rodent, a duty-free possum and an emerald viper

This article is a photographic roundup of notable wildlife encounters and discoveries from around the world. It features images including an award-winning photo of an Iberian lynx in Spain, a brushtail possum found in an Australian airport toy store, an Arctic fox in Canada, and a newly discovered emerald pit viper in Cambodia.

Week in wildlife: wild boar babies, fenland ponies and a slug with strange genitalia

The article is a photographic roundup of notable wildlife encounters and animal behaviors from around the world. It features images of wild boar piglets in Germany, a wild boar that wandered into a Berlin supermarket, a camouflaged snow leopard in Ladakh, Konik ponies sparring in a UK fenland reserve, a banana slug with unusual reproductive anatomy in California, a seagull with a sea star in Seattle, a Palestine sunbird in Israel, and rhinos reintroduced to a Ugandan national park.

destroyed bunny museum receives gift rabbit sculpture

The Bunny Museum in Altadena, California, which was destroyed during the 2025 Greater Los Angeles Wildfires, has received a major donation in the form of a 14-foot-tall stainless steel sculpture titled "Scanner." Created by Chinese artist Jesse Zhao and donated by local resident Wesley Zucco, the 1,100-pound work was unveiled on February 20 as part of the museum's rebuilding efforts. The institution, which previously held over 45,000 rabbit-related items ranging from Egyptian antiquities to pop culture memorabilia, lost its entire physical collection in the blaze, though its live animals were rescued.

nonprofits sue trump administration national parks

Six national nonprofit organizations have filed a lawsuit against the Trump administration, alleging the illegal censorship and removal of educational signage across U.S. national parks. The legal challenge, filed in the U.S. District Court of Massachusetts, targets the Department of the Interior and the National Park Service for stripping displays related to climate change, slavery, and the history of marginalized groups. The plaintiffs argue these actions violate federal mandates requiring parks to reflect diverse cultural backgrounds and current scientific research.

Masterworks Cofounders Face Legal Threats and Complaints

cofounders startup masterworks legal threats complaints

Masterworks, a company that sells fractional shares of high-value artworks, is embroiled in a legal dispute with former executive Hai Min Tran. The company has filed a complaint in New York state court, alleging Tran resigned from his role as chief product officer before taking paternity leave and is now attempting to extract a financial settlement. Masterworks calls his subsequent claim of illegal termination "wholly meritless."

italian prime ministers face erased from rome fresco after complaints from the vatican

The face of an angel in a fresco at Rome's Basilica of St. Lawrence in Lucina, which bore a resemblance to Italian Prime Minister Giorgia Meloni, has been erased. Artist Bruno Valentinetti, who restored his own 2000 fresco, removed the image last week following an inquiry by Italy's culture ministry and the diocese of Rome, stating he acted at the Vatican's request.

Volunteer Restorer Accused of Painting PM Giorgia Meloni's Face into Angel on Church Fresco

church fresco giorgia meloni

A volunteer restorer in Rome, Bruno Valentinetti, has been accused of altering a church fresco to make an angel bear the likeness of Italy's Prime Minister Giorgia Meloni. The fresco, in the Basilica of San Lorenzo in Lucina, was restored after water damage, and the angel holding a map of Italy now appears to resemble the political leader. Valentinetti denies the likeness, claiming he faithfully followed the original design.

sothebys art backed securitization collectible cars 900 million

Sotheby's Financial Services has priced a $900 million securitization deal backed by loans secured against artworks and, for the first time, collectible cars. The transaction bundles hundreds of loans, using the assets as collateral, and sells bonds representing the future loan payments to institutional investors, providing Sotheby's with upfront capital to issue new loans.

house of griffins ancient rome restoration

The House of Griffins, an ancient Roman residence on Rome's Palatine Hill dating back to the 2nd and 1st centuries B.C.E., is opening to the public on March 3 after a major restoration. Discovered by archaeologist Giacomo Boni in the 19th century, the domus features vivid frescoes, mosaic floors, and a stucco lunette with griffins. The Colosseum Archaeological Park led the restoration in 2024, reinforcing structural integrity and conserving wall paintings. Visitors cannot access the underground chambers directly; instead, they will experience a real-time, remote tour via a livestream narrated by a guide with a video camera.

national trust largest donation

The UK's National Trust has received the largest donation in its 131-year history: a £10 million ($13.4 million) no-strings-attached gift from private-equity investor and philanthropist Humphrey Battcock. Unlike most major donations, which come with stipulations on how funds must be used, this gift is unconditional, allowing the Trust to allocate the money as it sees fit. Battcock stated he trusts the organization to know best how to use the funds, inspired by visits to Trust properties including Osterley Park and House and Trust-owned farms in north Devon.

us withdrawal un cultural organizations alarm

President Donald Trump has withdrawn the United States from 66 international organizations, including several that safeguard creative rights and freedoms, via a January 7 memo. The New York-based Artists at Risk Connection (ARC) expressed deep concern, particularly over the impact on its partner, the International Federation of Arts Councils and Culture Agencies (IFACCA). ARC listed affected organizations such as the International Centre for the Study of the Preservation and Restoration of Cultural Property, the Freedom Online Coalition, the UN Democracy Fund, UN Women, the UN Alliance of Civilizations, and the International Development Law Organization, all of which support artistic freedom, cultural heritage, and protections for artists under threat.

smithsonian internment unjust self censorship

The Trump administration has intensified pressure on the Smithsonian Institution, setting a deadline for compliance with a review of its content and plans to align with the president's executive order "Restoring Truth and Sanity to American History." According to reports in the New York Times and the Guardian, Smithsonian staff are already engaging in self-censorship, including removing the word "unjust" from a proposed exhibition label about the internment of Japanese Americans, fearing it might appear partisan. This comes after Trump called for purging "anti-American ideology" from the institution's 19 museums in 2025.

united state returned 7 ancient artifacts egypt mummified fish falcon head

The United States repatriated seven ancient artifacts to Egypt, including two mummified fish, a falcon head from the Ptolemaic period, a bronze amulet of Set, a basald scarab, a carved face, a painted wooden funerary figurine, and a stone head from a statue. The objects had been smuggled out of Egypt in separate cases between 2017 and 2018, and were returned through collaboration between U.S. and Egyptian government agencies. Two items were voluntarily handed over by an unnamed American citizen to the Egyptian embassy in Washington, D.C. The artifacts were formally transferred to Ambassador Wael el-Naggar at a ceremony reaffirming Egypt's commitment to recovering smuggled cultural property.

cecilia gimenez beast jesus restoration dead

Cecilia Giménez Zueco, the amateur Spanish painter who became a global sensation after her botched 2012 restoration of a 1930 fresco of Christ, has died at age 94. The mural, Ecce Homo by Elías García Martínez, was housed in a church in Borja, Spain; Giménez’s unsanctioned touch turned Christ’s face into a monkey-like image, spawning the nickname "Beast Jesus" and a wave of online memes.

huge persepolis destruction

The article recounts the Sack of Persepolis in 330 B.C.E., when Alexander the Great and his Macedonian forces pillaged and destroyed the Achaemenid capital. It describes Persepolis as a marvel of ancient architecture, including the 31-acre limestone terrace, the Apadana hall with 36 columns, and the palace of Xerxes I. Ancient sources like Diodorus of Sicily and Plutarch offer conflicting accounts of the destruction—whether it was spontaneous, premeditated, or fueled by alcohol—while modern historians view it as a political act of retribution for Xerxes' attack on Athens.

libya national museum red castle reopens after 14 years

Libya’s National Museum, also known as the Red Castle Museum (As-Saraya Al-Hamra), has reopened in Tripoli for the first time since the 2011 revolution that ended Muammar el-Qaddafi’s rule. The museum, the largest in North Africa, closed at the onset of Libya’s military instability during the Arab Spring. Its 10,000-square-meter gallery houses artifacts spanning prehistory through Greek, Roman, and Islamic periods, including millennia-old mummies. Renovations began in 2023, with a full public reopening scheduled for early 2026; currently admission is limited to students.

el salvador first national pavilion 2026 venice biennale

El Salvador will debut its first national pavilion at the 2026 Venice Biennale, featuring Salvadoran American artist J. Oscar Molina. The pavilion, titled "Cartographies of the Displaced," will be curated by Alejandra Cabezas and commissioned by Astrid Bahamond, the national director for museums and exhibition spaces of El Salvador's Ministry of Culture. Molina will install at least 15 of his "Children of the World" sculptures at Palazzo Mora in Venice's Cannaregio district, each accompanied by QR codes linking to interactive stories from displaced communities, including his own experience fleeing El Salvador's civil war in 1989.

maya train old man sculpture construction mexico

Archaeologists excavating for Mexico's Maya Train project in the Yucatan peninsula have uncovered a 2,000-year-old limestone sculpture of an elderly man, dating to the Preclassic period (2500 B.C.E.–200 C.E.). The 18-inch tall carving, found at the site of Sierra Papacal near Mérida, once marked the entrance of a west-facing ceremonial structure. The sculpture's flat nose, defined lips, and deep eye sockets symbolize wisdom and respect in Maya culture. It will be transferred to a laboratory for conservation and further study.

frieze acquisition finalized mari ari emanuel

Ariel Emanuel, through his newly formed company Mari, has finalized the acquisition of Frieze, which includes its magazine, seven art fairs worldwide, and two exhibition spaces. The deal also encompasses tennis events like the Miami Open and Madrid Open, along with a majority stake in the collector car auction house Barrett-Jackson. The acquisition was first announced in May and reportedly valued at $200 million, with financial backing from investors including Apollo, RedBird Capital Partners, and the Qatar Investment Authority. Mari will be led by Emanuel and Mark Shapiro, with Simon Fox remaining as CEO of Frieze.

ancient rome new orleans tombstone

A 2nd-century Roman gravestone inscribed for a sailor named Sextus Congenius Verus was discovered in March 2025 by Daniella Santoro and Aaron Lorenz while doing yard work at their New Orleans home. University of New Orleans archaeologist D. Ryan Gray, working with colleagues at the University of Innsbruck and Tulane University, traced the stone to a missing object from a museum in Civitavecchia, Italy. Researchers believe it was brought to the U.S. as a souvenir by a member of the 34th division of the Fifth Army after the liberation of Rome in 1944. The FBI’s Art Crime Team is now involved in repatriating the headstone to Italy.

statue egypt saqqara archaeology grave robbers

Archaeologists working at the Gisr el-Mudir enclosure in Saqqara, Egypt, discovered an unusual limestone statue left behind by grave robbers. Unearthed in 2021 but detailed only recently by Zahi Hawass and Sarah Abdoh in the Journal of Egyptian Archaeology, the statue depicts a nobleman, his wife, and their young daughter. The daughter is carved in bas-relief rather than fully in the round, a stylistic departure from typical Old Kingdom family statuary.