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trending_up market schedule May 3, 2026 visibility 46 link 30 artists, 9 galleries

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

newspaper Artnet News open_in_new Read original
article news schedule Apr 29, 2026 visibility 19 link 2 artists, 2 galleries

Why London’s Whitechapel Gallery Hired an Economist

London's Whitechapel Gallery has appointed economist Mariana Mazzucato as its first economist-in-residence, a three-year role aimed at rethinking how museums generate revenue and demonstrate social value. The gallery faces a £880,458 deficit, a 325% increase from the previous year, due to declining exhibition income, reduced trust and foundation funding, and cuts in Arts Council England grants. Mazzucato, a professor at University College London and director of the Institute for Innovation & Public Purpose, will advocate for treating culture as a strategic public investment.

newspaper Artnet News open_in_new Read original
person people schedule Apr 25, 2026 visibility 47 link 20 artists

Tate at a turning point: new director must confront unwieldy ‘beast’ of an art institution

Roland Rudd, chair of Tate, insists the institution is thriving despite recent leadership changes, citing record visitor numbers of 6.2 million, strong exhibition attendance (Turner and Constable at Tate Britain, Lee Miller, and Tracey Emin at Tate Modern), and 155,000 members. However, Maria Balshaw has stepped down as director after nine years, leaving her successor to confront a financially strained organization hit by pandemic losses, multiple redundancies, and low staff morale amid culture war battles.

newspaper The Guardian open_in_new Read original
museum exhibitions schedule Apr 22, 2026 visibility 9 link 2 artists

57th CIMAM Annual Conference: Together Forever

The 57th CIMAM Annual Conference brought together 300 museum professionals in Turin for discussions on pressing institutional issues. The event featured keynote speeches from figures like political scientist Francoise Vergès and economist Mariana Mazzucato, who addressed themes of power structures and public arts funding. Performances by artists such as Alessandro Sciarroni and Abdullah Miniawy served as central, unifying experiences for the attendees.

newspaper ArtReview open_in_new Read original

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