The Artist Who Invented the Upside-Down Painting

The market is on the up for Georg Baselitz, one of the world’s greatest-living painters, who celebrates his 80th birthday this year Expelled from art school aged 18, Georg Baselitz has gained a reputation as a provocateur, creating works that cause scandal and turn conventional approaches to painting, quite literally, on their head. Baselitz’s 80th birthday in January […]

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 […]

5 Disruptive Trends Art Galleries Need to Understand If They Want to Survive

At this year’s Talking Galleries symposium in Barcelona, the debates boiled down to a few core issues. Here they are: 1. The Scale and Pace of the Gallery Sector Have Become Cancerous for Many. 2. Different Tiers of Galleries Are Now Playing Different Games With Different Rules. 3. The Art Industry Must Break Out of […]

Attention, Art Collectors: Here Is the Definitive Calendar of International Art Fairs for 2018

With the explosion of art fairs around the world, there’s only one way for the most enterprising collectors to navigate the year: strategize, strategize, strategize. To help, we’ve compiled a list of the most significant art fairs around the world, from New York to New Delhi.

Georg Baselitz, upside-down artist of international renown, at 80

Georg Baselitz was thrown out of art school at the age of 18 because of his love for Picasso, and he has remained controversial and provocative ever since. To mark his 80th birthday, DW looks back at his life and work. When a young and up-and-coming artist is kicked out of an art academy, that […]

Should Museums Be Allowed to Sell Donated Works of Art?

Pity the big-time art collector (really!). All that time and money building a collection of art that is apt to go away just before or just after the collector dies. Because, when planning their estates, the three typical options for them are: The art can be willed to heirs who, if they like their parent’s […]

From Van Gogh to Richter—what happens when bidders fail to pay up at auction?

Flaky winning bids are knocking the gloss off record-breaking sales. Shortly before Christie’s sale of post-war and contemporary art in New York on 15 November 2017, the auction house learnt of a potential new bidder: a little-known Saudi prince, Bader bin Abdullah bin Mohammed bin Farhan al-Saud. According to the New York Times, a scramble […]

The Four Tribes of Art Collectors

The most enjoyable part of leading the art division of a private bank is working with the great characters of the art market. In my experience, serious collectors tend to fall into one of four “tribes,” each with their own behaviors, insecurities, strengths, and motivations for seeking, acquiring, and appreciating art. You may recognize them […]

Andreas Gursky review – godlike visions from the great chronicler of our age

Hayward Gallery, London From raves to road trips, from the icecaps to the trading floor, from Amazon to the Rhine, these breathtaking panoramas take aim at globalism – and reinvent the very notion of photography. Over the last two decades, Andreas Gursky has become the most significant image-maker of our time. Not just for the […]

How to sell a billion worth of art

This is Masters in Business with Barry Ritholtz on Bloomberg Radio.   BARRY RITHOLTZ, ANCHOR, BLOOMBERG:  This week on the podcast I have a special guest.  Her name is Brooke Lampley.  She was the former head of impressionist and modern art at Christie’s.  She is the incoming Chairperson of Fine Art Sotheby’s and this is a […]

Damien Hirst to show new spot paintings at 18th-century mansion

Exhibition of Colour Space paintings will open in March in the gilded state rooms of Houghton Hall in Norfolk. Damien Hirst is to take over the spectacular gilded state rooms of Britain’s finest Palladian mansion to show a new series of his long-running spot paintings. The Colour Space works, two of which can be seen here […]

New Damien Hirst Paintings to Be Exhibited in Stately British Home

The British artist Damien Hirst will exhibit new works from his series of spot paintings at a stately home in Britain. The exhibition, titled “Colour Space,” will open in March at Houghton Hall in Norfolk, in the southeast of England; the mansion was built in the 1720s for Britain’s first prime minister, Robert Walpole. Roughly 50 of […]

The Kippenberger Conundrum: How the Wildly Prolific Artist’s Artist Became an Eight-Figure Auction Darling

It was the peak of the 2014 fall auction season in New York, and though nearly two decades had gone by since Martin Kippenberger’s death of liver failure in 1997, the artist’s market had never been hotter. Prior to its bellwether postwar and contemporary evening sale, Christie’s had set the estimate for a prized 1988 […]

Galleries hit by cyber crime wave

Hackers are stealing large sums of money from art galleries and their clients using a straightforward email deception. The Art Newspaper has so far identified nine galleries or individuals targeted by this scam. They include Hauser & Wirth, the London-based dealers Simon Lee, Thomas Dane, Rosenfeld Porcini and Laura Bartlett and, in the US, Tony […]

Torbjorn Rodland’s Puzzling Photos Are Unsettling and Arousing

One of the most striking images in the new retrospective of Torbjorn Rodland’s photographs currently on display at C/O Berlingreets visitors as they enter the exhibition. It is a picture of a young woman, lit from the side by a powerful red light, with honey streaming down her cheeks onto her chin. Like many of Mr. […]

Here Are the 15 Biggest Art-World Controversies of 2017

From Dana Schutz’s notorious painting to divisive animal art at the Guggenheim, 2017 was chock full of debate, discussion, and protest. This year saw unprecedented tumult in the real world—and in the art world, too. There were fiery debates over cultural appropriation and the definition of censorship; a legal tussle over deaccessioning at the Berkshire […]

Art-Fair Economics: Why Small Galleries Do Art Fairs Even When They Don’t Make Money

As the middle market shrinks, many dealers are finding they can’t afford to do fairs—but they can’t afford not to, either. Think art fairs are all about sold-out booths, comfortable shoes, and exclusive dinner invitations? Think again. For many small to mid-size galleries, fairs—like Art Basel in Basel, which opens to VIPs today—are an increasingly […]

Art is not a luxury product like Hermes bags: Larry Gagosian (Video)

Gagosian Gallery owner Larry Gagosian on Friday explained why he doesn’t consider art to be a “luxury good” and how the art world has benefited from globalization. “It’s not a luxury good. It’s not a luxury product. I mean it may appear to people who buy Hermes bags, but it’s not a Hermes bag. Sometimes […]

The Weight of History: Richard Serra’s Sculpture and Drawings

Richard Serra told us that he came to a place in his work where he didn’t want people to be simply looking at a single object; he wanted them to experience the work by going through it. “Yes, the walk into, through and around,” he said, so on November 5, 2017, on the morning after […]

How One Obscure David Hockney Painting Encapsulates the Greatness of His Work

The Metropolitan Museum of Art’s big, popular David Hockney retrospective is more than worth your time. As far as I can tell, however, what it reveals is that the conventional opinion of the beloved British painter is basically the right one. His most famous works are also his best works, specifically the late-1960s, early-‘70s cycle making of […]