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Art Basel’s Parent Company Plans New ‘Ideas Festival’—and More Art Industry News

MCH Group, the parent company of Art Basel, is launching a new global ideas festival called the Futurific Institute in Basel in 2028, backed by billionaires James and Kathryn Murdoch. Art Dubai has postponed its 20th edition due to regional conflict, while several galleries are opening, closing, or changing locations, including Brooke Benington in London and Timothy Taylor in New York. Additionally, Mexico is demanding eBay remove listings for pre-Columbian artifacts, and institutions like the Royal Academy of Arts and MCA Chicago are announcing key leadership changes.

The Bennett Prize Just Raised Its Award to $75,000. These Artists Think You Should Apply.

The Bennett Prize, a biennial award dedicated to women figurative realist painters, has increased its grand prize from $50,000 to $75,000 for its fifth cycle. Founded by collectors Steven Alan Bennett and Dr. Elaine Melotti Schmidt, the prize aims to bridge the gender gap in the art world by providing substantial financial support and institutional recognition. The current call for entries is open to artists who have not yet reached a specific commercial price ceiling, culminating in a 2027 exhibition at the Muskegon Museum of Art.

Tillies art gallery opens in Provincetown May 1

Tillies Art & Provisions is set to open on May 1 at 512 Commercial Street in Provincetown’s East End. Located in a historic 19th-century grocery store building, the new gallery and community space will debut with a group exhibition curated by Barbara Cohen featuring 17 established local artists. The venue plans to host a diverse seasonal program including art exhibitions, readings, and musical performances.