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 […]

Back When Painting Was Dead

When Clement Greenberg, Frank Stella, and Donald Judd tried to define what makes a painting, they overlooked a central feature — capaciousness. It is routine to characterize the 1970s as a decade dominated by Conceptual Art, and artists such as Sol LeWitt, Lawrence Weiner, Joseph Kosuth, and Mel Bochner. Part of this thinking is market-driven: […]

The State of Cool Britannia: Art Market in Review

When in the late 1980s and early 1990s, the Young British Artists announced themselves in an alcohol-fueled cacophony of controversy it looked as though the British art scene would never be the same again. Here was a media-savvy group untrammeled by artistic or behavioral politeness. Shock and outrage were a key part of their modus […]

Here’s Why Damien Hirst’s Art Market Is Not as Terrible as It Looks

A deep dive into the British artist’s prices as he attempts a comeback. After years of sluggish auction prices, is Damien Hirst poised for a comeback? In 2008, the British artist bypassed the gallery system to bring 167 newly created artworks straight to the auction block. The unprecedented sale upended every market convention and raked […]

The Top 10 Most Expensive Living American Artists of 2016

Each year, artnet News rounds up the art world’s top-performing artists at auction, across categories. But as the 2016 results come in from the first half of auction season, not much has changed since we last mined theartnet Price Database to identify the most expensive living American artists of 2015—which isn’t a good thing. Similar to […]

Why Bruce Nauman’s Persistent Market Defies Trophy Hunters

Bruce Nauman is considered a towering and influential figure in postwar American art. His reputation as a master of minimalist and conceptual art was cemented more than four decades ago when he was first showing with Leo Castelli in New York and in important European shows like “When Attitudes Become Form,” at the Kunsthalle Bern […]

You Definitely Need to See This Work in Person’: Art Basel in Miami Beach

For weeks I’d been telling myself, and anyone who would listen, that I was going to skip the 2014 edition of Art Basel Miami Beach. It had been a busy fall. October’s Frieze London fair is at least on my home turf, but then there were whirlwind trips to Paris, for FIAC, and New York, for […]

Vladimir Putin Bans Cursing in Art

Vladimir Putin is telling artists and filmmakers to wash their mouths out with soap—or pay the price. A law that went into effect on Tuesday mandates that creatives whose work includes obscene language pay finesup to 2,500 rubles ($72) for individuals and up to 50,000 rubles ($1,460) for businesses, according to the AFP. Jeez, there goes a lot […]

A Shadow Market at Art Basel

BASEL, Switzerland — Art Basel, the world’s pre-eminent fair devoted to modern and contemporary works, opened its doors to V.I.P.s on Tuesday. But by then plenty of business had already been done by many of the 285 exhibiting dealers. Hundreds of thousands of digital images had been emailed to collectors, advisers and curators, giving them […]

Top 10 Most Expensive Living American Artists – artnet News

Next up in our series of the world’s most expensive living artists: the Americans. Auction results reveal both the usual suspects as well as some surprises, making this list more diverse than might have been expected. Some of these artists are auction darlings with thousands of works on the block, while others have had nary […]

Contemporary Keeps Climbing at Sotheby’s

London—The contemporary art market continued its steady climb at Sotheby’s on Wednesday night, with a sale dominated by a strong grouping of paintings by international blue chip artists that brought in £87,915,500 ($144,550,665). Ten of the 57 lots offered went unsold, for a trim buy-in rate by lot of 17.5 percent and seven percent by value. Twenty […]

The “Painting Is Dead” Versus “Painting Is Back” List

We’ve been debating painting’s death for centuries now, and it seems we can’t quit. In 1839 the late French painter Paul Delaroche first dared to say those fateful words “painting is dead.” But even now nobody can agree if it’s dead; painting’s been reborn more times than we can count, thanks to critics who declare […]

Painting’s Endgame – Christopher Wool at the Guggenheim

Christopher Wool is one of many painters who have experimented with bringing their medium to extinction. They strip it of familiar attributes like imagery, brushwork or flatness, often ending up with some kind of monochrome that suggests the last painting that could possibly be made. Again and again, these works make viewers ask, in effect: […]