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 […]

The overpriced world of bad art

In May 2013, German artist Gerhard Richter broke his own record when his 1968 painting “Domplatz, Mailand,” which looks like a fuzzy black-and-white photograph, sold at auction for $37 million, the highest amount for any living artist. It was a record he held for six months, until Jeff Koons’ “Balloon Dog” smashed it, selling for […]

The Sacred Cows of the Art World (Or, Why Everyone’s So Nervous About Stefan Simchowitz)

The herd is spooked. That’s one interpretation of why there has been so much outrage over the the borderline heretical views that the collector Stefan Simchowitz espoused in Artspace‘s recent interview with him—what he said has evidently struck a chord that resonates jarringly with collectors, dealers, artists, curators… everyone, really. A collector who has amassed a hoard of recent art, […]

Why Gagosian is the Starbucks of the art world – and the saviour

Art dealer Larry Gagosian pushes the best work – Richard Serra, Cy Twombly, Richard Wright, Urs Fischer – and fills the gap in our public galleries with real taste and belief.Is the Gagosian empire like the Starbucks of contemporary art? A megalomaniac attempt to corner the art market? It may seem so, but this chain store of […]

On the Money at the London Auctions

The truth of the art market is that art sells better at auction than it does in the galleries. This is primarily due to the “new buyer” phenomenon, which for the time being is what rules the day. All hail the rule of the auction season! Here’s my take on the recent sales in London. […]

How to Spot and Nurture Emerging Talent – Stefania Bortolami

A widely respected tastemaker in the contemporary art scene, the New York dealer Stefania Bortolami cut her teeth with Anthony d’Offay, a legendary London dealer known for his connoisseurial eye in both art—after closing his gallery in 2001, he donated his $140 million collection to the Tate and theNational Galleries of Scotland—and in budding star gallerists. Moving afterwards to Gagosian Gallery, […]

Hedge-Funders Disrupt the Genteel Art World – video

New Masters of the ART Universe Hedge-fund managers are roiling the clubby art market – seeking “distressed” artists, paying record sums and dumping those who don’t pay off; ‘Going long on Rodin’. Aggressive, efficientand armed with up-to- the-minute intelligence supplied by well-paid art advisers, these collectors are shaking up the way business gets done in […]

‘Ileana Sonnabend: Ambassador for the New’ at the Museum of Modern Art

Two years ago, when the late Ileana Sonnabend’s family donated Robert Rauschenberg’s famous artwork Canyon (1959) to the Museum of Modern Art, a condition of the gift was that the museum put on a show about the legendary art dealer, who died in 2007. Curator Ann Temkin has now fulfilled that promise, …

The (Auction) House Doesn’t Always Win

Christie’s and Sotheby’s Woo Big Sellers With a Cut When Christie’s sold Jeff Koons’s “Balloon Dog (Orange)”for $58.4 million in November, it seemed as if the auction house had just earned a pretty penny.  After all, Christie’s, like other auction houses, typically charge commissions to buyers and sellers, which for high-priced works might be an […]

The Art World’s Most WTF Moments in 2013 – Slideshow

From Lady Gaga’s infiltration of the art world to George W. Bush’s foray into self portraiture and cat paintings, there have been quite a few moments this year to which the ARTINFO staff could only respond with a resounding “WTF?!” Click on the slideshow to see 10 of the most baffling, despicable, and ridiculous art […]

Small Time: Revisiting Jeff Koons vs. Paul McCarthy

Is bigger art always better art? Certainly in the age of Instagram, anything monumental is hard to discredit; people are easily impressed and love to obsess over questions like “How did it get here, how was it made and how much does it cost?” Somehow they forget the basic questions: “What is it and why is it?”

Collector Anita Zabludowicz on Why She Is “Most Attracted to Innovative Art”

As two of the world’s most prominent collectors of contemporary art, Anita Zabludowicz and her husband,Poju, have amassed enough work over their four decades of collecting to fill not only their homes but also elegantly appointed public exhibition spaces in London and New York. However, the couple stands apart from the majority of the elite collector class […]