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Spanish Government Threatens to Fire Director of Museo Reina Sofía

Manuel Segade, director of the Museo Nacional Centro de Arte Reina Sofía in Spain, has been threatened with removal by lawmakers if he does not complete a full inventory of the museum’s over 25,000 artworks by December 31, 2025. The pressure comes from Spain’s Court of Auditors, which has criticized the museum’s cataloguing methods for years, and is backed by the far-right and the conservative Popular Party. Segade, appointed in 2023, has been overseeing a multi-year renovation and has increased the representation of women artists to 35%, though only 15% of the collection’s 26,000 pieces are by women. The museum recently refused to lend Picasso’s *Guernica* to the Guggenheim Bilbao, and a pro-Israel group filed a complaint over a Palestinian flag display and a seminar series.

Art Busan Is Building a More Sustainable Art Market

Art Busan, celebrating its 15th anniversary, will be held from May 21 to 24, 2026, at BEXCO in Busan, South Korea, bringing together over 110 galleries from 18 countries. The fair introduces two new integrated segments: DEFINE, which expands the fair to include collectible design, furniture, and craft, and LIGHTHAUS, which transforms gallery booths into curated spatial experiences to encourage deeper engagement. These initiatives aim to move beyond purely transactional sales and speculative momentum.

Indian Art In London: Sakshi Gallery Marks 40 Years With Landmark Show By Contemporary Indian Artists This June

Sakshi Gallery, a Mumbai-based gallery founded in 1986 by Geetha Mehra, is presenting a contemporary art show titled 'Unfolding Narratives: Perspectives in Contemporary Indian Art' at London's Mall Galleries from June 30 to July 8, 2026, marking its 40th anniversary. The exhibition features works by six artists—Amit Ambalal, Manjunath Kamath, Ravinder Reddy, Rekha Rodwittiya, Shine Shivan, and Surendran Nair—with several pieces created specifically for the show. It serves as a prelude to a larger institutional exhibition planned for 2027 in London.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.

The Swiss Collector Building a Massive Trove of Chinese Art

Swiss businessman and former diplomat Uli Sigg has spent over three decades assembling one of the largest private collections of contemporary Chinese art, comprising thousands of works. Artist Ai Weiwei has referred to Sigg as “my maker,” highlighting the collector’s pivotal role in promoting Chinese contemporary art on the global stage.

10 Works Under $10K at Frieze New York 2026

Frieze New York 2026 offers a selection of artworks priced under $10,000 in its online Viewing Room, making the fair more accessible to a broader range of collectors. Featured works include Esther Pearl Watson's UFO-themed paintings of rural America and Nobuyoshi Araki's intimate photographs of his cat, among other affordable pieces from various galleries.

Das alles bin ich! Christoph Müller’s gift, part 4

Art collector Christoph Müller has gifted approximately 200 works on paper—drawings, prints, and watercolours—to the Kupferstichkabinett (Museum of Prints and Drawings) in Berlin. The gift is being presented in four successive exhibitions at the Gemäldegalerie under the title "Das alles bin ich" (I am all that!), with the final installment, "Leaf by leaf – A life with art," running from 10 March to 14 June 2026. The works span five centuries and originate from Germany, Italy, the Netherlands, and France, covering themes such as nature, portraits, landscapes, history, and everyday life.