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j hobermans book everything is now 1960s nyc downtown yoko ono andy warhol 1234743253

J. Hoberman's new book, *Everything Is Now: The 1960s New York Avant-Garde—Primal Happenings, Underground Movies, Radical Pop*, offers a sweeping cultural history of the downtown New York scene in the 1960s. The book centers on figures like Jonas Mekas, Andy Warhol, Yoko Ono, and Jack Smith, weaving together experimental films, happenings, music, and the chaotic energy of the era. Hoberman, a longtime critic and curator, draws on his personal connections to the scene, including his mentorship under Mekas, and will present a selection of shorts from the book at Anthology Film Archives in June.

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.

non bank art loans defaults rise deloitte private arttactic 1234768867

Half of non-bank art lenders experienced loan defaults in 2024, up from 17 percent in 2022, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The report notes that while the wider art market has shrunk since 2022—sales fell 12 percent to $57.5 billion in 2024—the market for art-backed loans has grown to an estimated $33.9–$40 billion. Non-bank lenders are increasingly taking on riskier clients, with some charging over 15 percent interest, while private banks reported zero defaults in 2024.

Exhibition Opening Reception - Brain Drawings: The Art of Harry Smith

The Hansell Gallery at The Philosophical Research Society in Los Angeles is presenting "Brain Drawings: The Art of Harry Smith," an exhibition running from May 7 to May 31, 2026. Curated by Rani Singh, the show features a wide selection of Smith's work, including early experiments in visualizing sound, a rare 1954 four-color silkscreen of the Kabbalistic Tree of Life, string figure constructions, materials related to the Anthology of American Folk Music, photographs, and rarely seen films and audio works. An opening reception on May 7 includes a panel and multimedia presentation titled "Mind Maps: Exploring Harry Smith's Hermetic Allusions."