Galleries Germany Pumped More Than €30 Million of Public Money Into the Commercial Art Market During the Pandemic. Was It Actually Needed? A report questioned whether galleries like Esther Schipper and Sprüth Magers should have benefited from the government program, which was not based on need. By Jo Lawson-Tancred, Nov 16, 2022
Auctions Sotheby’s Is Cooking Up Big Plans for Asia, With Investments in South Korea and Thailand and a New HQ in Mainland China The auction house's ambitious expansion in Asia targets a growing number of young collectors in the region. By Vivienne Chow, Nov 15, 2022
The Gray Market What the Gagosian-LVMH Rumor—and the Art World’s Obsession With It—Tells Us About the Future of the Industry Our columnist reassesses the hottest art-world rumor of 2022 to show that merging luxury retail with mega-galleries is harder than it looks. By Tim Schneider, Nov 15, 2022
Auctions Phillips 20th Century and Contemporary Art Evening Sale Nets $139 Million, Led by Twombly’s Red Loops The event suggested a tepidness is settling into the market. By Annie Armstrong, Nov 15, 2022
Auctions Forrest Fenn’s Famed Treasure Chest, a $2 Million Hoard Discovered After a 12-Year Hunt, Is Heading to Auction The trove includes gold pieces, coins, jewelry, and other artifacts. By Vittoria Benzine, Nov 15, 2022
Artnet News Pro ‘It’s Movie-Star Money From the 1980s’: Stefan Simchowitz, the Original Art Flipper, on How Artists Are Cashing In on Speculation The man who ushered in the flipping craze in the 2010s reflects on how the practice has changed—and metastasized. By Katya Kazakina, Nov 14, 2022
Auctions Sotheby’s $391 Million Modern Art Double-Header Signals Enduring Strength in the Art Market, Despite Fears of a Recession The auction house sold works from the David M. Solinger collection, followed by its Modern art evening sale. By Annie Armstrong, Nov 14, 2022
Art Fairs Will China’s Zero Covid Policy Tank Its Art Market? The Abrupt Closure of Two Major Fairs in the Country Divides Opinion The unpredictability of China's zero-Covid policy is impacting the international art world's confidence in the country's art market. By Vivienne Chow, Nov 14, 2022
Auctions A Concert Poster From the ‘Day That Music Died’—Probably the Only One to Survive—Just Made Auction History, Selling for Nearly $500,000 The sale smashed the previous record, which had only stood since April. By Sarah Cascone, Nov 14, 2022
Auctions A Trove of Drawings by Edie Sedgwick, the Artist and Celebrated Andy Warhol Muse, Is Heading to Auction The sale will be held online through RR Auction on November 17. By Caroline Goldstein, Nov 14, 2022
Art Fairs Snap Decisions: Here Are 7 Up-and-Coming Photographers You Should Know From Paris’s Marquee Photo Fairs From a Cuban photographer repurposing found images, to a French artist creating an update of the classic photogram, these are the artists you should know. By Anna Sansom, Nov 14, 2022
Artnet News Pro Here Are the 15 Most Expensive Artworks Sold at Auction Around the World in October 2022 See the full results from the Artnet Price Database. By Caroline Goldstein, Nov 14, 2022
Artnet News Pro The Fight Against Flippers: How Artists and Dealers Are Trying to Beat Speculators at Their Own Game Rampant speculation has turned the market for emerging art upside down. Now, artists are determined to wrest back control. By Katya Kazakina, Nov 13, 2022
The Back Room The Back Room: One Point Five Billion Dollars This week: Christie’s makes auction history, a Frida Kahlo legal conundrum, trophy lots keep rising, and much more. By Tim Schneider & Naomi Rea, Nov 11, 2022
Wet Paint An Update on Christophe de Menil, the D.J. Who Is a Thorn in the Side of Dealers at Art Basel Miami Beach, and More Juicy Art World Gossip Plus, which artist has attracted Kylie Jenner's attention in New York? And what iconic watering hole is about to join the Chelsea bar graveyard? Read on for answers. By Annie Armstrong, Nov 11, 2022
