Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Thursday, October 6.
NEED TO READ
Artists Are Ditching Instagram – Photographers and artists are moving away from the social media platform in droves as it increasingly emphasizes video to rival TikTok. (New York Times)
Anna Delvey Is Getting Out of Jail – The notorious con artist and, now, visual artist (real name: Anna Sorokin) is set to be released from ICE detention—provided she stays away from social media and adheres to other conditions. (The Cut)
Egyptian Archaeologists Call for Rosetta Stone Return – In a new petition, Egyptian archaeologists are demanding that the British Museum return the cultural treasure dating to 196 B.C., 200 years after it became part of the London institution’s collection. The museum says it has received no formal repatriation request. (Evening Standard)
MOVERS & SHAKERS
Christie’s Reveals Fall Highlights – Willem de Kooning’s Untitled III (ca. 1977–80) will lead the house’s 20th century evening sale on November 17 with an estimate of around $35 million. At the 21st century sale that same evening, Jeff Koons’s bourbon-filled sculpture Jim Beam – J.B. Turner Train (1986) is estimated to sell for $15 to $20 million. (TAN)
He Xiangyu Splits With White Cube – The Berlin-based Chinese conceptual artist has ended his partnership with the London gallery after eight years. He will continue to be represented by Andrew Kreps in New York, SCAI The Bathhouse in Tokyo, and White Space in Beijing. (Instagram)
Documenta Gets New Interim Managing Director –Ferdinand von Saint André, formerly the managing director of Joachimsthalsches Gymnasium Templin and legal counsel at the German Federal Cultural Foundation, will take over management of the troubled quinquennial.(Press release)
Gagosian Gets Even Bigger – Four senior staff members—Jessica Beck, former chief curator of the Andy Warhol Museum, ex-Tate curator Péjú Oshin, Andrew Heyward of Marian Goodman, and L.A. gallerist Harmony Murphy—have joined the mega gallery as part of a growing staff. (Financial Times)
FOR ART’S SAKE
Korea’s Media Art Museum Lands Hong Kong – Billionaire collector Adrian Cheng, who was recently honored with the National Order of Merit by the French government, has launched Arte M Hong Kong, the first overseas branch of the Korean immersive media art-focused Arte Museum. It debuted with a preview at K11 Atelier King’s Road ahead of the opening of a permanent space at 11 Skies in 2023 or 2024. (Ming Pao)
An installation view of ARTE M Hong Kong at K11 ATELIER King’s Road. Courtesy ARTE MUSEUM.