Paddy Johnson answers your questions about art fairs, visibility, and frustrating studio visits.
Nearly Half of US Museums Focus on Just 4% of Contemporary Artists
A new report examines how emerging artists fare across different cities in the US, finding key gender disparities.
After Astronomic Market Boom, NFT Prices Plummet
On February 22, the average price of an NFT collectible was around $4,300; by April 4, it had dropped to about $1,400.
George Condo’s Cutism
Condo’s paintings play to his viewers’ sense of superiority; it gives them something to smile at without thinking too deeply into the work.
How Swann Galleries Set the Stage for the Modern African American Art Market
For the past 13 years, Swann has been the only major auction house with a department dedicated to African American art, setting auction records for artists such as Sam Gilliam, Faith Ringgold, and Charles White.
37% of Major Galleries Cut Staff During the Pandemic
A new survey by Art Basel and UBS that looks at the pandemic’s impact on galleries found sizable staff cuts, including at galleries with net profits of $10 million or more.
The Mega-Dealers Who Ate the Art World
It’s abundantly clear that the present system is unsustainable.
Where the Billionaire Buyers Are
In BOOM: Mad Money, Mega Dealers, and the Rise of Contemporary Art, Michael Shnayerson paints a vivid portrait of the dizzying ascent of the contemporary art market and the powerful succession of dealers responsible for its rise.
Does Gagosian’s New Advisory Firm Create a Conflict of Interest?
Gallerists and art advisors suspect there could be ulterior motives to the industry leader’s latest power play, but Gagosian would beg to differ.
“Your Money Is Safe in Art”: How the Times-Sotheby Index Transformed the Art Market
In 1967, Geraldine Norman was tasked with leading an editorial collaboration between the London Times and Sotheby’s. The project galvanized the conceptualization of art as an investment asset.
Shifting Precedent, Buyers of Art Will Now Pay Resale Royalties in France
After several appeals, the country’s highest court agreed that auction houses may ask buyers to pay a levy — a decision critics say will “disrupt competition” and damage the art market.
Does the Art World Have a Money Laundering Problem?
Experts are not convinced that the proposed extension to the Bank Secrecy Act (BSA) would effectively quash financial wrongdoing in the industry.