A visitor poses for a photo at the entrance of the Art Basel Hong Kong. Photo by Sebastian Ng/SOPA Images/LightRocket via Getty Images.
A visitor poses for a photo at the entrance of the Art Basel Hong Kong. Photo by Sebastian Ng/SOPA Images/LightRocket via Getty Images.

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 Wednesday, May 17.

NEED TO READ

Cultural Spaces Attacked in Ukraine – German culture minister Claudia Roth made a statement ahead of a meeting with EU officials claiming that more than 1,300 cultural institutions that have been attacked by the Russian forces, including libraries, archives, and museums since the invasion over a year ago. (Monopol)

International Photography Award Introduces AI Category – In a bid to address the debate of AI-generated images and impact on the photography industry, the IPA is introducing a new AI category to its 20th anniversary edition for those who created a work using AI, “allowing us to explore this new and fascinating form of expression” while “recognizing and honoring the true photographer’s art,” the organization said in a statement announcing the decision. (Instagram)

Art Basel Denies Claims Its Working on a Saudi Arabia Bid – In response to claims resurfaced in The Canvas this week, which alleged Art Basel’s involvement in a pitch to the Saudis from global public relations firm Edelman, the Swiss art fair giant maintained in a statement to Artnet News that “it does not have any active projects or projects under development in Saudi Arabia.” It added that the fair has “no form of partnership with Edelman” (the PR firm did not respond to questions). The claims first emerged in a Politico report published last summer. (Press release)

The Remaining Piece of the Green Vault Trial – A 55-year-old posing as a Belgian diamond dealer is now facing trial at the Dresden district court for targeted fraud by faking an offer to sell an object from the valuables stolen from the Green Vault. Five men were convicted yesterday for the 2019 shocking jewelry heist. (Monopol)

MOVERS & SHAKERS

Joe Bradley Joins David Zwirner – Some four weeks after Wet Paint scribe Annie Armstrong first tipped off the press, painter Joe Bradley has officially joined the stable at mega-gallery David Zwirner. The move comes just two years after Bradley left Gagosian and Petzel. (Press release)

Heidi Hahn Joins Mitchell-Innes & Nash – The painter has joined the stable at Mitchell-Innes & Nash, bringing her “spectral figurative paintings” to the gallery. Hahn’s works, in collections of institutions including the Dallas Museum of Art and Moderna Museet Stockholm, marry historical references to reclining nudes with contemporary perspectives. (Press release)

Asante King asks British Museum to return gold to Ghana – The Asantehene Otumfuo Osei Tutu II, who attended the Coronation of King Charles, is pressing the institution to return the treasures that were looted from the Asante palace in Kusami during the 1874 war with the British. The king reportedly had a meeting with Hartwig Fischer, director of the British Museum. (BBC)

FOR ARTS SAKE

Stone of Destiny Returns to Edinburgh Castle after King’s coronation – The historic artifact that was brought to London’s Westminster Abbey from its home in Edinburgh Castle for King Charles III’s coronation has been returned to Scotland and is back on display. The stone weighing 152 kg was installed as the Coronation Chair in which the king was crowned. (Evening Standard)

The Stone of Destiny lies in Edinburgh Castle. Photo by Russell Cheyne – Pool/Getty Images.

More Trending Stories:  

A Philadelphia Man Paid $6,000 for Cracked Church Windows He Saw on Facebook. Turns Out They’re Tiffany—and Worth a Half-Million 

Mona Lisa’s Other Secret—Where the Portrait Was Painted—May Have Been Solved by an Art Historian Using Drone Imagery 

A Dutch Museum Has Organized a Rare Family Reunion for the Brueghel Art Dynasty—And the Female Brueghels Are Invited to the Party 

The Smithsonian National Museum of African Art’s Director Has Resigned After Less Than Two Years, Citing ‘Resistance and Backlash’ 

‘We’re Not All Ikea-Loving Minimalists’: Historian and Author Michael Diaz-Griffith on the Resurgence of Young Antique Collectors 

The First Auction of Late Billionaire Heidi Horten’s Controversial Jewelry Proves Wildly Successful, Raking in $156 Million 

An Airbnb Host Got More Than They Bargained for with a Guest’s Offbeat Art Swap—and the Mystery Has Gone Viral on TikTok 

Not Patriarchal Art History, But Art ‘Herstory’: Judy Chicago on Why She Devoted Her New Show to 80 Women Artists Who Inspired Her 

An Artist Asked ChatGPT How to Make a Popular Memecoin. The Result Is ‘TurboToad,’ and People Are Betting Millions of Dollars on It 

An Elderly Man Spray-Painted a Miriam Cahn Painting at a Paris Museum After Right-Wing Attempts to Censor It Failed 

The Netflix Series ‘Transatlantic’ Dramatizes the Effort to Evacuate Artists From France During World War II. Here’s What Actually Happened in Real Life