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$120 Raffle Ticket Nets $1.2 Million Picasso

Ari Hodara, a 58-year-old software engineer from Paris, has won Pablo Picasso’s 1941 painting 'Head of a Woman' through a charity raffle. Hodara purchased a single €100 ticket for the '1 Picasso for €100' lottery after seeing an advertisement in a restaurant, eventually beating out 120,000 other participants to claim the work valued at approximately $1.2 million.

Morad Montazami Named Artistic Director of 16th Dak’Art Biennial

Morad Montazami has been appointed as the artistic director for the sixteenth edition of the Dak’Art Biennial, scheduled to run from November 19 to December 19. Titled "(Anti)Fragility: Arts of Repair and Counter-Shock Strategies," the upcoming biennial will focus on themes of community, co-creation, and the transformation of vulnerability into artistic strength. Montazami, an esteemed art historian and curator known for his work on global modernism and postcolonial narratives, brings extensive experience from previous roles at Tate Modern and various international exhibitions.

Theme and Artists Revealed for Ekow Eshun–Curated British Art Show 10

Organizers of the British Art Show have unveiled the theme and artist list for its tenth edition, titled "A Chorus of Strangers." Curated by Ekow Eshun, the quinquennial exhibition will launch in Coventry on October 2, 2025, before touring to Swansea, Bristol, Sheffield, and Newcastle Gateshead through 2028. The show features a diverse roster of contemporary artists including Turner Prize winner Jasleen Kaur, Alvaro Barrington, and Precious Okoyomon, organized around three conceptual pillars: psychological, sociological, and ecological.

Toronto Biennial of Art announces 2026 artists and theme

The Toronto Biennial of Art has unveiled the artist list and thematic framework for its 2026 edition, titled "Things Fall Apart." Curated by Allison Glenn, the exhibition will feature over 30 artists and collectives, including 17 new commissions that explore themes of syncopation, rupture, and the connective power of global waterways. For the first time, the biennial will expand its physical footprint beyond the Greater Toronto Area to include site-responsive projects in Detroit, New York, and Anchorage.

Hampshire College, Alma Mater to Many in the Arts, Closing

Hampshire College, the experimental liberal arts institution in Massachusetts, has announced it will permanently close after nearly sixty years of operation. The college's board cited insurmountable financial pressures and a failure to meet regulatory requirements as the primary drivers behind the decision, noting that progress toward a stable financial foundation fell short of expectations.

Ax Swings Following Artsy/Artnet Consolidation as Top Reporters Are Laid Off

Major layoffs have hit Artnet and Artsy following their consolidation under the UK-based investment firm Beowolff Capital. The staff reductions occurred just one day after the merger announcement and include the departure of veteran Artnet News reporters Sarah Cascone and Eileen Kinsella, who both served the publication for over a decade. As part of the restructuring, Artnet will also shutter its German entity, while Andrew Russeth has been tapped to serve as interim editor.

Walker Art Center Severs Ties With Restaurant, Citing ‘Core Values’

The Walker Art Center in Minneapolis has announced it is severing ties with its in-house restaurant, Cardamom, following the eatery's decision to replace front-of-house staff with a QR code ordering system. The move by the restaurant would have resulted in the immediate termination of sixteen hosts and servers, sparking plans for worker protests and picketing.

V&A Museum Has Acquiesced to Censorship Requests from Chinese Printer: Report

London’s Victoria and Albert Museum (V&A) reportedly complied with censorship demands from its Chinese printing firm, C&C Offset Printing, to alter exhibition catalogues. Internal emails revealed that the museum removed a photograph of Lenin from a Fabergé exhibition book and altered historical maps to align with Chinese government standards after the printers flagged them as "sensitive." Staff noted that while they were aware of contemporary geopolitical sensitivities, the restrictions had expanded to include historical imagery, forcing last-minute editorial changes to avoid production delays.

In Surprising Twist, ADAA Art Fair Will Now Benefit the Whitney Museum

The Art Dealers Association of America (ADAA) has named the Whitney Museum of American Art as the new philanthropic beneficiary of its annual fair at the Park Avenue Armory. This decision follows the ADAA's abrupt termination of a 30-year partnership with the Henry Street Settlement, a social services nonprofit that relied on the fair's preview gala for approximately $1 million in annual unrestricted funding. The new event, rebranded simply as the ADAA Fair, will direct its gala proceeds toward the Whitney’s educational and artistic programming.

Sotheby’s Owes Real Estate Firm $10.2 Million Commission: Lawsuit

Real estate giant Cushman & Wakefield has filed a lawsuit against Sotheby’s, alleging the auction house failed to pay a $10.2 million commission following the $510 million sale of its New York headquarters. The dispute centers on the building at 1334 York Avenue, which was sold to Weill Cornell Medicine in late 2025 after the medical institution initially leased several floors through a deal brokered by the real estate firm.

Artnet and Artsy Announce They’re ‘Joining Forces’ Under Shared Leadership

Artnet and Artsy have announced a strategic merger under a single leadership structure following their acquisition by Beowolff Capital. While both platforms will maintain their distinct brand identities and websites, they will now operate as a combined organization led by Artsy CEO Jeffrey Yin, with Beowolff Capital founder Andrew Wolff serving as chairman. The move aims to integrate Artnet’s industry-leading price database and journalism with Artsy’s expansive e-commerce and discovery marketplace.

Renoir Not Seen in Public for 97 Years Will Go Up for Auction in May

A major portrait by Pierre-Auguste Renoir, "La femme aux lilas (Portrait de Nini Lopez)" (1876–77), will be sold at Christie's on May 18. The painting, which has been held privately by the Whitney Payson family for 97 years, is expected to fetch between $25 and $35 million.

Lynda Roscoe Hartigan Named Director of Smithsonian American Art Museum

Lynda Roscoe Hartigan has been appointed as the new director of the Smithsonian American Art Museum (SAAM) in Washington, DC, effective September 8. She returns to SAAM, where she began her career and later served as chief curator, from her current position as executive director and CEO of the Peabody Essex Museum in Salem, Massachusetts. She succeeds acting director Jane Carpenter-Rock, who will remain as deputy director.

Marian Goodman Gallery to ‘Pause’ Operations in Los Angeles

Marian Goodman Gallery is suspending operations at its Los Angeles location after two and a half years, following the conclusion of Tacita Dean's solo show on April 25. The gallery's partners announced a consolidation of programming to its historic homes in New York and Paris, stating they will evaluate the space's future while maintaining an LA presence through art fairs, special projects, and museum exhibitions.

Art Dubai to Present Significantly Smaller Event After Iran War Forces Postponement

Art Dubai has announced a significantly scaled-down 'special edition' fair to be held in May, replacing its postponed twentieth-anniversary event. The new iteration will feature just fifty exhibitors, down from the originally planned 120, and will be held at its traditional venue, Madinat Jumeirah.

Rare Books Stolen from Former MoMA President Are Returned

Manhattan District Attorney Alvin L. Bragg, Jr., has returned 17 rare books, collectively valued at nearly $3 million, to the heirs of John Hay and Betsey Cushing Whitney. The books were stolen from the couple's Long Island estate in the 1980s and include a bound collection of John Keats's love letters, a signed James Joyce volume, and an illustrated Brothers Grimm book. The recovery followed a tip from Manhattan book dealers in 2015, leading to search warrants executed in 2025 and 2026.

Arthur Jafa and Julie Mehretu Among Art Basel Awards 2026 Medalists

Art Basel has announced the thirty-three winners of its 2026 Art Basel Awards, recognizing individuals and institutions across nine categories. The winners include prominent artists like Arthur Jafa, Julie Mehretu, and Barbara Kruger, as well as institutions such as The Brick in Los Angeles and the Diriyah Biennale Foundation. A new jury member, Prof. Dr. Bonaventure Soh Bejeng Ndikung, was also added for this edition.

Maria Schnyder Named New Director of De Pont Museum of Contemporary Art

Swiss art historian Maria Schnyder has been appointed as the new director of the De Pont Museum of Contemporary Art in Tilburg, Netherlands. She will succeed the retiring director Martijn van Nieuwenhuyzen in October. Schnyder is an internal promotion, having joined the museum in 2013 and served as its deputy director for the last four years.

Mikala Tai to curate 2027 TarraWarra Biennial

Mikala Tai has been appointed curator of the tenth TarraWarra Biennial, scheduled to run from July 31 to November 14, 2027, at the TarraWarra Museum of Art in Healesville, Australia. Tai is a Sydney-based curator, writer, and academic specializing in contemporary Australian and Asian art.