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paint drippings art industry news jan 9 2736112

This week's art industry roundup covers a postponement, financial losses, legal disputes, and leadership changes. New Jersey's Art Fair 14C has been postponed to May 2027, with organizers citing capacity issues unrelated to market conditions. Bonhams reported a 90% pre-tax loss jump to £213 million in 2024 due to impairment charges. A rediscovered Watteau drawing will be auctioned at Christie's Paris, and personal items of Jimmy and Rosalynn Carter are featured in Christie's 'American Collector' sales. In galleries, Amy Sillman left Gladstone for David Zwirner, Trevor Paglen joined Jessica Silverman, and Maya Hewitt joined Theta. The Louvre partially closed after a staff strike demanding director Laurence des Cars' resignation and reassessment of a renovation plan. Belgium's plan to dismantle Antwerp's M HKA museum has sparked resignations and backlash. New appointments include Will Cary as COO of the Barnes Foundation and Patton Hindle as director of arts at the Knight Foundation. MATHAF museum in Doha announced a campus expansion by architect Lina Ghotmeh. Legal disputes emerged between Gian Enzo Sperone and Angela Westwater over the shuttered Sperone Westwater gallery.

louvre still on strike morning links december 17 2025 1234767142

Christie's and Sotheby's have released their projected global sales totals for 2025, with Christie's reporting $6.2 billion and Sotheby's $7 billion, both up from 2024 figures of $5.7 billion and $6 billion respectively. The Louvre remains closed due to an ongoing strike by staff that began Monday and continued after a Wednesday vote. Other news includes Artadia and United States Arts announcing a multi-year partnership, Tuan Andrew Nguyen selected for the High Line Plinth commission, and Catherine Telford Keogh winning the inaugural Jack Galef Visual Arts Award.

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 1234768881

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.

artadia artists tennis court benefit

Artadia, a nonprofit grantmaker, held its third annual tennis tournament at the Los Angeles Tennis Club in May 2025, moving the event from its traditional pre-Frieze slot in response to the year's wildfires. The fundraiser, co-chaired by Charles Gaines, Jennie Lamensdorf, and Rafael Flores, gathered over 130 guests including gallerists from Gagosian, Hauser & Wirth, and David Zwirner, as well as curator Mia Locks and artists Ally Hilfiger, Todd Gray, and Roksana Pirouzmand. Forty-five participants played in a rotating doubles format, while others socialized; Locks gave remarks and won the tournament.

In Kyoung Chun: Make Room

The Halsey Institute of Contemporary Art at the College of Charleston is presenting "Make Room," a solo exhibition by South Korean-born, Atlanta-based artist In Kyoung Chun. The show features a mix of paintings and site-specific installations, including transparent houses and suspended structures that explore the artist's experience as an immigrant. By blurring the lines between interior and exterior spaces, Chun’s work invites viewers into environments that reflect on the fragility and resilience of home.

arts nonprofits artadia united states artists announce multi year partnership 1234767105

Two arts funding nonprofits, United States Artists (USA) and Artadia, have announced a multi-year partnership. The collaboration will revive Assembly, USA’s annual gathering of artists and fellows that launched in 2015 but paused during the pandemic, now expanded to include Artadia award winners. The first reimagined Assembly events are scheduled for 2026 and 2027, featuring workshops, panels, and networking for recent fellows and awardees from both organizations.

parties artadia tennis fundraiser los angeles

Artadia hosted its fourth annual tennis tournament fundraiser at the Los Angeles Tennis Club on a Monday afternoon during Frieze Week. The event featured matches between artists, collectors, and co-chairs, raising $85,000 to fully fund all Artadia Award grants. Co-chairs included Zach Stafford, Aurele Danoff Pelaia, and Honor Titus, with participants such as artists Charles Gaines, Ariana Papademetropoulos, and Eamon Ore-Giron, along with dealers and patrons. Guests enjoyed a taco lunch, spritzes, and left with gift bags featuring a tote by Guillaume Berg.

Beyond The Mini-Bar: How Hotels Are Reimagining The Modern Art Gallery

Hotels are increasingly transforming their spaces into dynamic platforms for contemporary art, moving beyond generic decor to embed curation into their operational core. The article highlights 21c Museum Hotels, which operates nearly 80,000 square feet of free exhibition space across seven U.S. locations, featuring works by artists such as Xenobia Bailey, María Magdalena Campos-Pons, Natia Lemay, and Xavier Daniels. Chief Curator Alice Gray Stites emphasizes radical accessibility, removing barriers like ticket prices and elitism, and fostering partnerships with institutions like Artadia to support local artists.