Does Gagosian’s New Advisory Firm Create a Conflict of Interest?

Gallerists and art advisors suspect there could be ulterior motives to the industry leader’s latest power play, but Gagosian would beg to differ. When one of America’s most powerful art dealers makes plans for the future, people pay attention. But some critics suspect that Gagosian’s plan to enter the art advisory field will lead to […]

Here Are 3 Trends That Show the Hong Kong Auction Market Is Booming for International Art

We examine three trend lines from the recent slate of Hong Kong sales to determine where the market is headed. Like a massive Companion balloon in Macy’s Thanksgiving Day Parade, the mind-boggling $14.8 million paid for a KAWSpainting in Hong Kong earlier this month upstaged every other result from Sotheby’s recent series of sales in the city. But […]

Want to Be a Crash-Proof Collector? Here Are 3 Things to Do to Stay Ahead of the Art Market During a Recession

Don’t be afraid to sell a masterpiece, look at the middle market, and more advice for cashing in on art when the stock market is falling. Nothing gold can stay, and every art-industry veteran understands that the good times don’t last forever. Beneath the big-money rumblings of last November’s New York auctions—a bellwether slate of […]

Jasper Johns Stays Divinely Busy

A gallery exhibition in Manhattan gives the truest picture of the artist, at 88, who is continuing to work and innovate. At 88, Jasper Johns is not slowing down. After spending more than six decades cultivating an extensive and influential body of work, he continues to be relentlessly productive and inventive. His art has sometimes been […]

The rise and fall and rise of Patrick Painter

In the wake of a torrential downpour in early January, a sizeable and slightly random group of artists, collectors and art-curious celebrities descended upon the L.A. Convention Center for an “opening night premiere party”—hosted by Mad Men star Jon Hamm—celebrating the 23rd edition of the L.A. Art Show. Inside this somewhat inscrutable international sprawl, stateside […]

How Does the Art World Live With Itself?

The lush new art-world documentary The Price of Everything shows us a system so waist-deep in hypermarketing and excess that it’s hard to look at art without being overcome by money, prices, auctions, art fairs, celebrities, well-known artists, and mega-collectors who fancy themselves conquistadors. In this, it’s a lot like most recent accounts of the art world […]

NYT Review: ‘The Price of Everything’ Asks $56 Billion Questions About Art

“There are a lot of people who know the price of everything and the value of nothing,” the art collector Stefan Edlis remarks in Nathaniel Kahn’s new documentary. The words, unattributed in the film and the source of its title, come from “Lady Windermere’s Fan” by Oscar Wilde, where they supply the definition of a cynic. But […]

Seattle Art Fair Artistic Director Nato Thompson on How to Cut the Crap and Connect With an Audience

The Creative Time alum speaks with artnet News’s editor-in-chief Andrew Goldstein about the intersection of art and tech and how to add heft to art-fair programming. Nato Thompson has a knack for putting artists and other thinkers together in a way that gets people talking. He did this to great effect during his decade at […]

The End of Exhibitions? As Attendance Plummets, New York Dealers Are Scrambling to Secure the Future of the Art Gallery

To lure the public back into art galleries, dealers are banding together and adopting vintage tactics like the old-fashioned gallery walk. On Wednesday night in New York, 30 art galleries stayed open late to accommodate visitors to the inaugural Chelsea Art Walk, a new initiative spearheaded by the Art Dealers Association of America. It’s a “great […]

The Gray Market: Could Auction Houses Really Help Save Struggling Galleries? (and Other Insights)

Our columnist follows the bread crumbs left by the rumor that Art Agency, Partners will offer gallery advisory services for a hefty fee. It’s not exactly an analytical breakthrough if I tell you that the art industry is deeply troubled and, in many cases, deeply paranoid right now. A lot of people in the trade […]

Richard Long review – modern primitive sees the cosmos reflected in mud

The wandering artist’s perennial walks have led him to contemplate sun, moon and stars with the devoted awe of mankind’s early ancestors.  Mud is not a promising medium to draw with. It is dull, thick, unpromising stuff. A muddy drawing sounds like a vague and boring one. Miraculously, however – or maybe just because he’s […]

Why Joseph Beuys Spent 3 Days Locked Up with a Wild Coyote

With a major retrospective opening in London this week, we focus on a crucial turning point in the career of the pioneering German post-war artist. Joseph Beuys famously declared “every human being is an artist”.  The German artist believed creativity to be a universal principle that extends into all areas of human existence, and was thus preoccupied with what […]

How Is Western Art Really Faring in Asia? 3 Trendlines From Hong Kong’s Spring Auctions Reveal the Changing Market

Asian, postwar, and fine art are by far the most bankable categories in Hong Kong. In recent years, Hong Kong has transformed in the eyes of the Western art industry. Formerly a destination that warranted attention primarily during Art Basel Hong Kong and a few scattered auctions, the region now hosts permanent spaces from many of […]

Cy Twombly and the Transporting, Transforming Power of Art That Barely Uses the Tools of Art

The first time I saw Cy Twombly’s aphrodisiacal paintings, I felt the way Patti Smith felt when first hearing the Rolling Stones: “I was doing all my thinking between my legs.” Something unrecognizable and distorted within me quivered. Twombly’s fevered phosphorescent blooms of runny jellyfish chrysanthemums with elongated, pulpy, tentacle-like sacks dripping down; his iridescent […]

Cy Twombly’s Extravagant Synesthesia

Rosalind Krauss misreads Twombly in more ways than I can enumerate. In her essay, “Cy was here: Cy’s up” (ArtForum, September 1994), Rosalind Krauss made this observation about Cy Twombly: Twombly “misreads” Pollock’s mark as graffiti, as violent, as a type of antiform. And this misreading becomes the basis of all of Twombly’s work. Thus […]

Damien Hirst’s Post-Venice, Post-Truth World

The artist worked in secret on his first love, painting, for his new show. This is the anti-Venice, he says. LOS ANGELES — In army green camouflage and black sweats and with two heavy gold chains swinging with each step of his Nikes, Damien Hirst was in an unusually quiet mood. Sipping from a can […]

Team Gallery’s Jose Freire on Why He Is Quitting Art Fairs for Good – Part I

The veteran art dealer explains why he has soured on the art market’s central apparatus. The central driver of the modern-day art market, at least when it comes to galleries, is art fairs. They promise efficiency: for a hefty booth fee (plus travel and shipping costs), dealers from around the world can convene in a […]

Why Frieze Los Angeles Would Be Dead on Arrival (and Other Insights)

This week, our columnist draws on his LA gallery experience to chart the pitfalls of Frieze’s potential westward expansion. THE RUMOR On Thursday, Charlotte Burns and Allan Schwartzman reported in Art Agency, Partners’s “In Other Words” newsletter that “the Frieze Art Fair is looking to launch a Los Angeles event in January 2019.” A Frieze […]

Damien Hirst on his greatest career move – breaking into his neighbour’s home

He was living in a squat and stuck in a creative rut. Then one day, concerned for his neighbour’s safety, he broke into his house. What he found there triggered an artistic explosion. In the early 1980s, I was living in a squat in White Hart Lane with a painter friend, trying to put enough […]

Business, But Not As Usual

Tension in the Tectonic Plates Underlying the Market.  Everything you ever wanted to know about the art market but didn’t know who to ask The good news: the figures are big, demand is deep and there are more collectors buying art than ever. Meanwhile, there is real tension in the tectonic plates underlying the market. This […]