photography auction industry

Artnet and Morgan Stanley have released a comprehensive analysis of the photography auction market spanning 2005 to 2024. The report reveals that while the volume of photography lots sold has more than doubled over two decades, the total annual sales value has remained largely stagnant, rising from $113.4 million in 2005 to $116.9 million in 2024. When adjusted for inflation, this represents a significant 36.7 percent decline in market value, with average prices for photographs dropping by over 50 percent during the same period.

Thomas J Price, Artist Behind Viral Times Square Sculpture, Unveils New Bronze in London

Thomas J Price, Artist Behind Viral Times Square Sculpture, Unveils New Bronze in London

Thomas J Price has unveiled a monumental new bronze sculpture, *A Place Beyond*, at the entrance to the V&A East museum in London. The 18-foot-tall figure, his tallest work to date, depicts a young Black woman in contemporary clothing holding a cell phone, created from a composite of many individuals rather than a single model. The sculpture will greet visitors when the new museum branch opens next month.

The story behind Iran’s only Van Gogh: ‘At Eternity’s Gate'

A rare, inscribed lithograph by Vincent van Gogh, 'At Eternity's Gate,' resides in the collection of the Tehran Museum of Contemporary Art. The work, one of only seven surviving examples, was acquired in 1975 by Farah Pahlavi, the wife of the Shah of Iran, for the museum. It passed through notable hands, including those of US Vice President Nelson Rockefeller, before arriving in Tehran just before the 1979 Iranian Revolution.

josh smith rap interview artist poll wet paint

Guest columnist John Chiaverina reports from the opening of the 2026 Whitney Biennial, capturing the shifting moods of the New York art scene. Through interviews with participating artists like Maddie Biven of the collective kekahi wahi and veteran performer Pat Oleszko, the piece explores a tension between the desire for exuberant, risk-taking aesthetics and a perceived lack of political urgency among younger generations.

institut restellinis amedeo modigliani catalogue raisonne

Marc Restellini’s Institut Restellini is set to release a definitive six-volume catalogue raisonné for Amedeo Modigliani after four decades of research. The publication, which includes 100 newly authenticated works, utilizes a rigorous methodology combining advanced scientific analysis—such as spectrometry and carbon-14 dating—with traditional stylistic evaluation and archival documentation. To mark the launch, Pace Gallery will host events in London and New York in April.

art basel qatar opening report

Art Basel Qatar has launched its inaugural edition in Doha, marking a significant expansion of the Swiss fair brand into the Middle East. The event features 87 exhibitors in a unique, booth-less format spread across the M7 and Doha Design District, departing from traditional trade fair aesthetics in favor of a curated, biennial-style presentation. While the opening VIP day saw strong attendance from regional collectors and major international galleries like Hauser & Wirth, the atmosphere was tempered by light initial sales and significant regional geopolitical tensions.

emmi whitehorse white cube gallery representation

White Cube has announced the representation of Navajo artist Emmi Whitehorse, who will be represented alongside her New York gallery, Garth Greenan. The partnership follows Whitehorse’s successful solo exhibition at White Cube’s Paris space and her inclusion in the 2024 Venice Biennale. The gallery plans to debut new work, including the painting "Father Sky meets Mother Earth," at its Art Basel Hong Kong booth later this month.

anicka yi pace future ai interview

Conceptual artist Anicka Yi has joined Pace Gallery, where she will be represented in partnership with Gladstone Gallery, 47 Canal, and Esther Schipper. Known for her research-heavy practice that utilizes scents, bacteria, and robotics, Yi cited Pace CEO Marc Glimcher’s background in biology and the gallery's history with light and space pioneers as primary reasons for the move. Her work will be featured in the New Museum’s upcoming expansion inaugural exhibition, "New Humans: Memories of the Future."

dealers abuzz frieze los angeles vip day frenzy

The VIP opening of Frieze Los Angeles at Santa Monica Airport saw a surge of high-value transactions and heavy foot traffic from both local and international collectors. Major galleries reported multi-million dollar sales within the first few hours, including a $2.8 million work by Njideka Akunyili Crosby at David Zwirner and a sold-out booth of Conny Maier paintings at Hauser & Wirth. Dealers described the atmosphere as a "frenzy," noting that sales figures in some cases already tripled their performance at previous major fairs like Art Basel Miami Beach.

amy sherald time 2026 women of the year

Artist Amy Sherald has been named one of TIME magazine’s 2026 Women of the Year, a distinction honoring her leadership and commitment to equity. The recognition follows Sherald's high-profile decision to withdraw her solo exhibition, "American Sublime," from the National Portrait Gallery in Washington, D.C., after the institution attempted to censor or alter the presentation of her painting 'Trans Forming Liberty' (2024) due to political pressure. The Baltimore Museum of Art subsequently stepped in to host the show, where it has since shattered all-time attendance records for the institution.

Nan Goldin: Why The Ballad of Sexual Dependency is So Important

nan goldin the ballad of sexual dependency why so important

Gagosian London is hosting an exhibition of all 126 photographs from Nan Goldin’s seminal work, "The Ballad of Sexual Dependency," to mark the 40th anniversary of the photobook's publication. The exhibition traces the evolution of the project from its origins as a DIY slideshow performance in New York nightclubs to its status as a cornerstone of contemporary photography, featuring intimate portraits of Goldin’s inner circle across New York, Berlin, and beyond.

Éliane Radigue, Electronic Music Pioneer, Dies at 94

eliane radigue dead electronic music

Éliane Radigue, a pioneering French composer and electronic music visionary, has died at the age of 94 in Paris. A student of musique concrète founders Pierre Schaeffer and Pierre Henry, Radigue became renowned for her meditative, long-form compositions created primarily on the ARP 2500 modular synthesizer. Her work, deeply influenced by Tibetan Buddhism, focused on the subtle, sculptural qualities of sound and "barely perceptible" sonic shifts.

frieze los angeles city guide

Frieze Los Angeles returns to a city landscape significantly altered by both commercial development and recent environmental tragedy. While blue-chip galleries like David Zwirner, Marian Goodman, and Lisson have established new strongholds in districts like Melrose Hill and Hollywood, the local community is simultaneously reeling from devastating January wildfires that displaced numerous artists and collectors. This guide provides a strategic roadmap for navigating the sprawling city's geography, highlighting key exhibitions such as Bruce Nauman at Marian Goodman and a 90-artist benefit show for fire victims.

digital artist hot water ai generated works george condo

Digital artist Kevin Esherick's solo debut at New York’s Heft Gallery has sparked a legal confrontation with painter George Condo. The exhibition features AI-generated works trained to mimic the styles of prominent contemporary artists, including Beeple, Cindy Sherman, and Salman Toor. While most artists were receptive to the project, Condo’s legal team issued a cease-and-desist letter regarding three specific paintings, leading the gallery to shroud the disputed works in black velvet and display the redacted legal notice in their place.

art sg 2026 sales report

ART SG concluded its 2026 edition at Singapore’s Marina Bay Sands with steady sales and a reported attendance of 43,000 visitors. While the fair lacked the million-dollar trophy sales seen in previous years, blue-chip galleries like Thaddaeus Ropac and White Cube reported significant transactions, including a £475,000 Raqib Shaw painting and a sell-out presentation of Lee Bae works by Johyun Gallery totaling $2.76 million. The event also featured a strategic partnership with S.E.A. Focus, integrating the boutique fair into the main hall to highlight regional talent.

gallerist ron mandos erwin olaf

Gallerist Ron Mandos reflects on the enduring legacy of the late Dutch photographer Erwin Olaf, whose work blended fine art, fashion, and activism. Following Olaf’s death in 2023, Galerie Ron Mandos has continued to champion his career, most recently through the exhibition “Tender Fury,” which places Olaf’s provocative imagery in dialogue with conceptual artist Kendell Geers. The partnership between Mandos and Olaf began in earnest in 2020, a period during which the artist committed to a decade of total creative freedom, resulting in significant series like “Im Wald.”

performance art new collectors

The commercial market for performance art is undergoing a significant shift in value and sophistication. While performance has been sellable for decades through archival editions and documentation—a model pioneered by figures like Marina Abramović and dealer Sean Kelly—newer methods include oral contracts for 'live' works and high-stakes secondary market sales. Recent examples, such as Hauser & Wirth offering a Felix Gonzalez-Torres performance piece with an eight-figure price tag, signal that the medium is moving from a niche interest into a high-value asset class.

Paint Drippings: Art Industry News February 23

paint drippings art industry news feb 23

This week’s art industry roundup highlights major shifts across the global market, including Art Basel’s announcement of 290 galleries for its flagship Swiss fair and Sotheby’s adjustment of its buyer’s premium rates. Significant personnel moves include Devyani Saltzman’s abrupt departure from the Barbican, which sparked an open letter from over 170 cultural figures, and Anne-Claire Legendre becoming the first woman to lead Paris’s Arab World Institute.

Art Market Minute February 2026

art market minute feb 23

The art market is witnessing a significant shift in the commercial viability and valuation of performance art. While the medium has been sold in various forms for years, its increasing presence at major art fairs and galleries suggests a new era where collectors are beginning to prioritize the documentation and rights to live works as legitimate assets.

ultra contemporary old masters

A significant trend is emerging in the New York art scene this winter, as a wave of gallery and museum exhibitions highlights contemporary artists engaging deeply with European Old Masters. While some critics dismiss art historical references as "reference-baiting" to boost market value, artists like Émile Brunet and Eleanor Johnson are demonstrating a profound technical and intellectual commitment to these lineages. Their work moves beyond mere pastiche, utilizing traditional materials, Northern Renaissance aesthetics, and Baroque glazing techniques to address modern themes of labor, humanism, and information overload.

praise shadows boston downtown move

Praise Shadows Art Gallery, a respected contemporary art gallery, is relocating from Brookline to a 2,000-square-foot downtown Boston storefront in the Leather District. The move was facilitated by Boston Mayor Michelle Wu and the city's Space for Creative Enterprise Downtown initiative, which helped founder Yng-Ru Chen secure a 10-year lease. The gallery opens on March 13 with a group show titled "Summoning" and has a slate of solo shows planned for Boston-based artists in 2026.

florentina holzinger thaddaeus ropac

Austrian-born, Netherlands-based performance artist Florentina Holzinger has joined the roster of blue-chip gallery Thaddaeus Ropac. This move comes just months before she is set to unveil her project "Seaworld Venice" for the Austrian Pavilion at the 2024 Venice Biennale, marking a significant shift of her boundary-pushing, interdisciplinary practice from the theater and dance worlds into the commercial art gallery system.

bonhams new hq opens lubaina himi wins pamm prize

Auction house Bonhams has opened a new 42,000-square-foot flagship headquarters in New York's Steinway Hall, launching a month of exhibitions and sales. The Philadelphia Museum of Art appointed Katherine Anne Paul as its new curator of Indian and Himalayan Art, while the Pérez Art Museum Miami (PAMM) awarded its Fund for Black Art Acquisition Prize to Turner Prize-winning artist Lubaina Himid, acquiring her painting "Horn Seller." Several galleries announced new artist representations, including Bortolami with Nathlie Provosty and Deborah Schamoni with Mariann Metsis, and auction house Freeman's appointed two senior executives.

louis fratino david zwirner representation

Painter Louis Fratino has joined the mega-gallery David Zwirner, adding the powerhouse to his existing representation by Berlin's Galerie Neu and New York's Sikkema Malloy Jenkins. This multi-gallery arrangement is a departure from the typical practice of artists severing ties with smaller galleries when aligning with a global giant.

black history month exhibitions us museums

Museums across the United States are presenting a series of major exhibitions featuring Black artists in conjunction with Black History Month. Highlights include the final stop of Noah Davis's first museum show at the Philadelphia Museum of Art, a major retrospective of self-taught artist Minnie Evans at Atlanta's High Museum, a thematic group show of Black women artists at the Banneker-Douglass-Tubman Museum, a long-overdue South Carolina retrospective for 92-year-old artist Leo Twiggs at the Gibbes Museum, and a survey of Tavares Strachan's work at the Los Angeles County Museum of Art.

leon black ronald lauder epstein files

Newly released documents from the Jeffrey Epstein investigation reveal that billionaire art collectors and Museum of Modern Art trustees Leon Black and Ronald Lauder have co-owned several major artworks for decades. The files, made public by the U.S. Department of Justice, confirm long-standing rumors of their joint acquisitions, including a Max Beckmann self-portrait and two Ernst Ludwig Kirchner works, purchased for a total of $31.6 million and later appraised at $93.5 million.

wet paint jim toth art sound

Gabi Vidal-Irizarry, a guest writer for Artnet News's Wet Paint gossip column, recounts attending an "Artist Party" at the Museum of Modern Art featuring Arthur Jafa. The column then pivots to a profile of Jim Toth, the audio engineer behind the distinctive white pyramid speakers ubiquitous at New York art world events, tracing his career from the city's legendary 1980s nightlife scene to becoming the preferred sound provider for museums and elite patrons.

klimt record sothebys london

Gustav Klimt's final portrait, 'Dame mit Fächer (Lady With a Fan),' sold for £85.3 million ($108.4 million) at Sotheby's London, setting a new record for the most expensive work of art ever auctioned in Europe. The painting, which was still on Klimt's easel when he died in 1918, surpassed its pre-sale estimate of over £65 million after a ten-minute bidding war.

painting female old master artemisia gentileschi sells 2 million

Artemisia Gentileschi's 17th-century painting 'Lucretia' sold for €1.88 million ($2 million) at Dorotheum's Old Master sale in Vienna, more than double its high estimate. The work, previously unseen in public, was acquired by an Australian collection, continuing a trend of strong auction results for the Baroque artist.

10 Power Players in Paris

10 power players paris

The inaugural edition of Paris+ by Art Basel has opened in Paris, marking a significant shift in the city's art fair landscape. The article profiles ten key figures instrumental in shaping the French art market, including fair director Clément Delépine, dealer and committee president Marion Papillon, and institutional leaders like Suzanne Pagé of the Fondation Louis Vuitton and Rebecca Lamarche-Vadel of Lafayette Anticipations.