defaults on art loans soar impact of australias social media ban on museums writer takes aim at singapore biennial morning link for january 6 2025

The Financial Times reports that half of non-bank lenders offering loans against artworks experienced defaults in 2024, up from 17% two years earlier, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The art market has shrunk 12% to $57.5 billion since 2022, dragging down collateral values and triggering margin calls. Meanwhile, Australia's social media ban for under-16s raises questions for museums, with the Art Gallery of New South Wales noting minimal impact but the Museum of Contemporary Art Australia more reliant on youth engagement. Other news includes Vanessa Horabuena's speed-painted Jesus sold for $2.75 million at Mar-a-Lago, the cancellation of NFT Paris and RWA Paris 2026, and a critical column calling for the end of the Singapore Biennial.

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.

art june leaf grey art museum

The Grey Art Museum at New York University is hosting "Shooting from the Heart," the most comprehensive retrospective to date of the late artist June Leaf, who died last summer at 94. The exhibition, on view through December 13, features her drawings, paintings, and sculptures spanning 75 years, including her theatrical puppet show "Street Dreams" (1968). Originated by the Addison Gallery of American Art, the show will travel to the Allen Memorial Art Museum in Ohio in January 2026. A catalogue co-published by Rizzoli Electa includes contributions from artists Kara Walker and Joan Jonas, and film screenings at Anthology Film Archives explore her New York studio and her life with photographer Robert Frank in Nova Scotia.

Korean Cultural Center New York Presents the Major Exhibition "Lee Kang So: A Field of Becoming"

The Korean Cultural Center New York (KCCNY) presents the major exhibition "Lee Kang So: A Field of Becoming," on view from May 13 to June 20, 2026. The show features the work of pioneering Korean contemporary artist Lee Kang So (b. 1943), who since the 1970s has worked across photography, painting, sculpture, installation, and performance, resisting fixed forms to explore how art emerges through process, material, and context. The exhibition includes key works from his 1970s performances and installations, as well as later sculptures and paintings that foreground gravity, chance, and bodily gesture. Lee, who was active in New York in the 1980s and participated in MoMA PS1's Studio Artist Program, returns to the city with this exhibition at KCCNY's expanded venue.

Georg Baselitz, German Neo-Expressionist Painter, Dies at 88

Georg Baselitz, the German Neo-Expressionist painter known for his provocative, upside-down figurative works, has died at age 88. Along with contemporaries like Anselm Kiefer, Baselitz led a frontal assault on the dominant Minimalist and Conceptualist art movements of the 1970s, reviving expressive, gestural painting in postwar Germany.

‘A daring flash of pubic hair’: the extraordinary, monumental nudes of Sylvia Sleigh

A small London gallery, Malarkey, is exhibiting eight paintings by Welsh-born artist Sylvia Sleigh (1916–2010), including her monumental 1963 work *The Bridge*, which is now for sale. The show, curated by Daniel Malarkey, features Sleigh's earliest-known self-portrait and her first commission, alongside other nudes that challenge traditional objectification by portraying both sexes with dignity. Sleigh, who studied at Brighton School of Art and moved to New York with her second husband, critic Lawrence Alloway, reimagined classical poses like Giorgione's *Sleeping Venus* in modern settings, notably including a daring flash of pubic hair in *The Bridge*.

$25 Million Modigliani Goes to Jewish Heir in Landmark Restitution Case

A New York Supreme Court judge has ruled that the estate of Jewish art dealer Oscar Stettiner is the rightful owner of Amedeo Modigliani’s 1918 painting "Seated Man With a Cane." The decision concludes an 11-year legal battle led by Stettiner’s grandson, Philippe Maestracci, against billionaire art dealer David Nahmad. The court found that the painting was unlawfully seized by the Nazis after Stettiner fled Paris in 1939 and that subsequent sales, including the 1996 purchase by Nahmad at Christie’s, did not extinguish the original owner's rights.

Fair Warning Expands With Saara Pritchard, Doubling Down on ‘Conviction’ in a Crowded Art Market

Loïc Gouzer’s boutique auction app, Fair Warning, is expanding its leadership by appointing Saara Pritchard, a veteran specialist from Christie’s and Sotheby’s, as a partner. Since its 2020 launch, the platform has carved out a niche by rejecting the high-volume model of traditional auction houses in favor of a highly curated, "one work at a time" approach. This strategy has proven lucrative, recently achieving a record $16.7 million for an Andy Warhol portrait and a $4.07 million record for Elizabeth Peyton.

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.

nieves gonzalez

Spanish artist Nieves González, born in 1996 and based in Granada, has gained widespread attention for her time-warping portraits of women that blend Old Master influences—such as José de Ribera, Francisco de Zurbarán, and Diego Velázquez—with contemporary details like colorful puffer coats. Her recent commission for the cover of Lily Allen's album *West End Girl* went viral on social media, and she has just opened her debut solo exhibition, “Sacred Hair,” at T293 Gallery in Rome, focusing on the figure of Mary Magdalene as a powerful, autonomous woman.

banksys walled off hotel in bethlehem reopens for the first time since october 7 attacks

Banksy's Walled Off Hotel in Bethlehem has reopened for the first time since the October 7 attacks on Israel and the subsequent war in Gaza. The hotel, which opened in 2017 across from the West Bank barrier, functions as a guesthouse, museum, art gallery, bookstore, and spray-paint shop, with nearly every window facing the 30-foot-high concrete wall. Manager Wisam Salsaa described the reopening as a symbol of hope and a cultural platform carrying the narrative of Palestine, featuring more than 20 original Banksy works and accommodation ranging from $70 bunk beds to a $495 presidential suite.

con artist charged for fraudulent sale of courbet painting

American con artist Thomas Doyle, 68, has been charged with wire fraud for allegedly defrauding London gallery owner Patrick Matthiesen over a Gustave Courbet painting. Doyle claimed to manage a family trust with billions in assets and offered to broker the sale of Courbet's 1844 oil painting *Mother and Child on a Hammock* without commission. Instead, he delivered the work to his partner Shalva Sarukhanishvili, who sold it to Jill Newhouse Gallery for $115,000; the gallery then resold it to collector Jon Landau for $125,000. Matthiesen received no proceeds and filed a lawsuit against Doyle, Sarukhanishvili, Jill Newhouse Gallery, and Landau. Doyle has a prior fraud conviction involving a Corot painting and was described by a judge as a "career criminal."

matthiesen gallery lawsuit jill newhouse jon landau courbet

The Matthiesen Gallery in London has filed a lawsuit in the Southern District of New York alleging fraud, breach of contract, and other counts over a Gustave Courbet painting, *Mother and Child on a Hammock*. The gallery claims that Thomas Austin Doyle, a convicted con man, orchestrated a scheme to defraud director Patrick Matthiesen, selling the painting—valued at $650,000—through artist and dealer Shalva Sarukhanishvili to Jill Newhouse Gallery for $115,000, which then sold it to top collector Jon Landau for $125,000. The lawsuit also names Landau, who allegedly viewed the work multiple times at TEFAF fairs knowing its retail price, yet refuses to return it. Doyle has a long criminal history, including prior convictions for art fraud and theft.

margaret keane obituary

Margaret Keane, the American painter known for her iconic "Big Eyed Waif" portraits, died on June 26 at age 94 in her Napa Valley home due to heart failure. For years, her second husband Walter Keane fraudulently claimed credit for her work, a deception that unraveled in the 1970s when she challenged him to a public paint-off and later won a courtroom showdown in 1986. Her story gained renewed attention with Tim Burton's 2014 film *Big Eyes*, starring Amy Adams.

The Artist Who Painted Pixels Before We Saw in Pixels

Der Künstler, der Pixel malte, bevor wir in Pixel sahen

Reinhard Voigt, a German artist little known to the public, painted grid-based pictures as early as 1968—years before pixels became ubiquitous in daily life. Despite early discouragement from Gerhard Richter and fellow artist Alan Jones, Voigt persisted, creating meticulous works on paper and canvas using transparent paper, rulers, pencil, and oil paint. His first major exhibition, "Pure Pleasure," took place in 2023/2024 in Nuremberg, and his current duo show "High on Low" with Anna-Sophie Berger is on view at Berlin's Kunstraum Grotto, featuring his Word Paintings series. Voigt lives and works in Berlin-Prenzlauer Berg with his wife, artist Susan Elias.

Review of the Italian Pavilion by Chiara Camoni and its relationship with the Biennale

La recensione del Padiglione Italia di Chiara Camoni e la sua relazione con la Biennale

Chiara Camoni's Italian Pavilion at the 2026 Venice Biennale, titled "Con te con tutto," is reviewed in relation to Koyo Kouoh's central exhibition "In Minor Keys." Camoni's installation features a crowd of female figures sculpted in clay and natural materials, described as "donne tronco" (trunk women), which evoke growth, transformation, and the intuitive, manual gestures that Kouoh champions. The review highlights how Camoni's work dialogues with Kouoh's curatorial emphasis on drawing, painting, and craft as intuitive practices, moving away from conceptual art. It also notes a performance by Magdalena Campos Pons at the Tese theatre, which includes a portrait of Toni Morrison and Kouoh, accompanied by music by Kamal Malak.

In the Principality of Monaco, an exhibition where the great painter Poussin dialogues with contemporary art

Nel Principato di Monaco una mostra dove il grande pittore Poussin dialoga con l’arte contemporanea

The Nouveau Musée National de Monaco presents an exhibition titled "Le Sentiment de la Nature," which juxtaposes works by 17th-century French painter Nicolas Poussin and his followers with pieces by about thirty contemporary and 20th-century artists. The show is organized into six thematic sections—storms and nights, forests and gardens, seas and waterfalls, deserts and volcanoes, mountains, and flowers and butterflies—each exploring the ancient concept of "miracula naturae" (wonders of nature). Featured contemporary artists include Nan Goldin, Andreas Gursky, Thomas Demand, Sarah Moon, Mimmo Jodice, Giulio Paolini, Giorgio Andreotta Calò, and Fausto Melotti, with works spanning photography, painting, video, and sculpture. The exhibition runs until May 25, 2026, and is accompanied by a catalog published by Italian publisher Humboldt Books in collaboration with the museum.

Mario Schifano al Palazzo Esposizioni di Roma. Una grande mostra che ci insegna a guardare

Palazzo Esposizioni in Rome has opened a major exhibition dedicated to Mario Schifano (1934–1998), running alongside a solo show by Marco Tirelli titled "Anni Luce." The exhibition, curated by Daniela Lancioni, explores Schifano's work through the lens of Kazimir Malevich's Suprematism, particularly his 1915 "Black Square." It features Schifano's early monochromes from 1960, his painting "Chiamato K. Malewič" (1965), and a rarely seen pre-1960 phase including landscapes and informal works from 1956–1959, which have often been marginalized in his official catalog.

A Milano una grande mostra a Palazzo Reale racconta i Macchiaioli (e l’Italia del loro tempo)

A major exhibition at Palazzo Reale in Milan explores the Macchiaioli, the 19th-century Italian painting movement often seen as a precursor to Impressionism. The show brings together works by key figures such as Giovanni Fattori, Silvestro Lega, Telemaco Signorini, Giuseppe Abbati, and Odoardo Borrani, alongside tangential artists like Giovanni Boldini, Federico Faruffini, and Gerolamo Induno. It traces the movement's origins at Florence's Caffè Michelangiolo, its epicenter at Castiglioncello under patron Diego Martelli, and its evolution from the 1850s through the 1870s, when the group's democratic ideals and en plein air techniques challenged academic conventions.

The Black American Artists Who Dazzled Post-War Paris

An exhibition titled "Paris in Black: Internationalism and the Black Renaissance" at the DuSable Black History Museum and Education Center in Chicago celebrates the Black American artists, writers, and performers who moved to Paris after World War II to escape American racism. Curated by Danny Dunson, the show features over 100 artworks from the museum's permanent collection, including paintings by Archibald J. Motley Jr., sculptures by Richmond Barthé, Augusta Savage, and William Artis, and ephemera related to Josephine Baker. It traces the global influence of the Harlem Renaissance and the cross-pollination between Paris and U.S. cities like Chicago.

Le vedute veneziane di Francesco Guardi tornano in laguna da un museo di Lisbona

Ca' Rezzonico, the Museum of 18th-Century Venice, has opened its exhibition season with a selection of ten paintings by Francesco Guardi (1712–1793) on loan from the Calouste Gulbenkian Museum in Lisbon. The works, dated between 1770 and 1790, include iconic Venetian views such as the Festa della Sensa in Piazza San Marco and the Regata sul Canal Grande, showcasing Guardi's distinctive loose brushwork and atmospheric perspective. The exhibition also features drawings from civic collections, including Il Gran Teatro La Fenice and two watercolored sheets depicting Le nozze del duca di Polignac.

A Political Anthology of the United States: The Great Exhibition of Arthur Jafa and Richard Prince in Venice

Un’antologia politica degli Stati Uniti. La grande mostra di Arthur Jafa e Richard Prince a Venezia

Fondazione Prada presents "Helter Skelter: Arthur Jafa and Richard Prince" at Cà Corner della Regina in Venice, the 15th exhibition produced by the foundation in the city. Curated by Nancy Spector of the Brooklyn Museum, the two-person show brings together over fifty works—photographs, videos, installations, sculptures, and paintings—that explore the fractured identity of the United States through the lens of race, masculinity, popular culture, and appropriation. Both artists, though separated by more than a decade in age, share a practice of scavenging and recontextualizing images from film, comics, advertising, and social media to critique American society.

Semiha Berksoy: The Turkish Artist Who Made Her Life a Total Work of Art

Semiha Berksoy: l’artista turca che ha reso la sua vita un’opera totale

A major retrospective titled "Aria of All Colors" at the Istanbul Modern, running until September 6, celebrates the multifaceted Turkish artist Semiha Berksoy (1911–2004). Featuring over 200 works, the exhibition showcases her pioneering career as a painter, sculptor, opera singer, actress, costume designer, and performance artist. Berksoy became the first Turkish soprano to perform on European stages after studying in Berlin, and she helped found the Ankara State Opera. Her deeply personal paintings, often depicting her mother and cultural figures, are marked by a graphic, childlike style and a recurring "line of destiny." The show includes costumes, sketches, archival footage, and even a refrigerator door painted with her daughter's portrait.

All the complexity of Cézanne on display at the legendary Fondation Beyeler in Basel

Tutta la complessità di Cézanne in mostra alla mitica Fondation Beyeler di Basilea

The Fondation Beyeler in Basel has opened a major exhibition dedicated to Paul Cézanne, marking the 120th anniversary of his death. Curated by senior curator Ulf Küster, the show features 80 works—58 paintings and 21 watercolors—drawn from public and private collections across Switzerland, Germany, France, the UK, the Netherlands, Spain, Denmark, and the United States. Highlights include nine versions of Mont Sainte-Victoire, rare comparisons of two watercolor versions of "Boy in a Red Waistcoat," and two versions of "The Card Players" from the Courtauld Gallery and the Musée d'Orsay. The exhibition runs until May 25, 2026, and is accompanied by a catalog published by Hatje Cantz Verlag.

In Genoa, an exhibition dedicated to Giovanni Korompay, the Futurist who loved Pink Floyd

A Genova una mostra dedicata a Giovanni Korompay, il futurista che amava i Pink Floyd

A major retrospective exhibition dedicated to Giovanni Korompay, a Venetian painter, sculptor, and illustrator associated with the second wave of Futurism, has opened at the Wolfsoniana in Genoa Nervi. Titled "Korompay, un’antologica," the show runs until November 1st and features around sixty works, including paintings, sculptures, graphic works, photographs, and documents. It explores Korompay's evolution from traditional training under Ettore Tito to his embrace of Futurist aeropainting, exemplified by works such as "Alta velocità" (High Speed), which celebrates a 1934 world speed record set by a Macchi-Castoldi MC 72 seaplane. The exhibition is curated by Alex Casagrande, Matteo Fochessati, Franco Tagliapietra, and Anna Vyazemtseva, with loans from public museums (Mart, Mambo), private collections, and the Fondazione Korompay.

È morto Paolo Masi. La lunga ricerca dell’artista fiorentino sulla trasformazione dei materiali poveri

Paolo Masi, the Florentine artist known for his lifelong exploration of poor materials and their transformation, died in Florence on Wednesday, May 6, just days before his 93rd birthday. His career spanned from informal experiments in the 1950s through a rigorous investigation of materials in the 1960s, including his first solo show at the Strozzina in 1960. He joined the aesthetic research group Centro F/Uno alongside Baldi, Lecci, and Nannucci, and later co-founded the collective spaces Zona (1974) and Base (1998) with Mario Mariotti and Maurizio Nannucci. Masi participated in the Venice Biennale (1978) and the Rome Quadriennale (1986), and his works are held by major museums and foundations internationally. His later years saw significant retrospectives at the Museo MAGA in Gallarate (2018) and at Le Murate in Florence (2018), as well as a 2023 solo show at Florence's Galleria Frittelli, which remembered him as an extraordinary artist and dear friend.

It's full of artworks behind the looks seen on the Met Gala 2026 red carpet

È pieno di opere d’arte dietro ai look visti sul red carpet del Met Gala 2026

The Met Gala 2026, held at the Metropolitan Museum of Art in New York, adopted the dress code "Fashion Is Art," prompting designers and celebrities to transform their bodies into living canvases and sculptures. Notable looks included Emma Chamberlain in custom Mugler evoking Vincent van Gogh, Anne Hathaway wearing a Michael Kors Collection dress hand-painted by artist Peter McGough with ancient Greek iconography, and Madonna in a Saint Laurent by Anthony Vaccarello ensemble inspired by Leonora Carrington's surrealist work. Other celebrities like Kendall Jenner and Kylie Jenner referenced classical sculptures such as the Nike of Samothrace and Venus de Milo, while Anok Yai, in collaboration with Pierpaolo Piccioli for Balenciaga, created a metallic bronze effect honoring the Black Madonna.

The 90 Years of Legendary Italian Artist Giorgio Griffa. All the Exhibitions Celebrating the Master's Birthday

I 90 anni del mitico artista italiano Giorgio Griffa. Tutte le mostre per celebrare il compleanno del maestro

Giorgio Griffa, the Italian painter known for his radical and minimalist approach, turned 90 on March 29, 2026. A comprehensive program of celebrations includes the exhibition "Summer 69" at the Fondazione Giorgio Griffa in Turin (through July 2, 2026), which revisits his breakthrough summer of 1969 with photographs by Paolo Mussat Sartor alongside his early and recent works. The Castello di Rivoli Museo d’Arte Contemporanea has opened a monographic room with works from its permanent collection, and the Galleria Civica d’Arte Moderna e Contemporanea di Torino will dedicate a similar space in May. The MAXXI – Museo Nazionale delle Arti del XXI secolo has acquired six monumental works spanning over thirty years of Griffa's career, from the 1970s to the early 2000s.

A Vienna una grande mostra dedicata a Daumier, l’artista della satira

The Albertina Museum in Vienna is hosting a major retrospective titled "Honoré Daumier – Mirror of Society," dedicated to the French artist Honoré Daumier (1808–1879). The exhibition features lithographs, drawings, paintings, and sculptures, with significant loans from the Städel Museum in Frankfurt. Daumier, known for his sharp satire and acute social observation, critiqued political abuses and social injustices of 19th-century European society. The show also recalls a previous Daumier exhibition held at the Albertina in 1936, which served as a political statement against Nazi oppression.

The Last Interview with the Great Artist Georg Baselitz on the Occasion of His Exhibition in Florence

L’ultima intervista al grande artista Georg Baselitz in occasione della sua mostra a Firenze

Georg Baselitz, the German artist born in 1938, is the subject of a major retrospective titled "Avanti!" at the Museo Novecento in Florence, featuring 170 works including paintings, works on paper, and sculptures, with a strong focus on his graphic output. The exhibition, curated by Sergio Risaliti and Daniel Blau (Baselitz's son and an artist himself), spans three floors and traces the evolution of Baselitz's practice, culminating in a dialogue with the work of Italian artist Ottone Rosai. The show is accompanied by a prequel exhibition honoring the 120th anniversary of Villa Romana, where Baselitz once held a fellowship, and will be followed by another exhibition at the Fondazione Giorgio Cini in Venice in May, which together with the Florence show form the artist's testament. Artribune published Baselitz's last interview in its new bimonthly issue.