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• Pak's 'The Pixel' NFT sells for $1.36 million in Sotheby's $16.8 million digital art sale market-auction

  A single grey pixel NFT titled 'The Pixel' by crypto-artist Pak sold for $1.36 million at Sotheby's, part of a broader $16.8 million sale called 'The Fungible Collection' hosted…

• Art Market and Cultural Events Ring in the New Year with Auctions, Exhibitions, and Digital Giveaways market-auction

  A Gu Wenda ink work titled 'Gu's Phrase – Happy Chinese Year of the Tiger' sold for 187,500 HKD at Sotheby's Hong Kong, surpassing expectations. Gilbert & George are presenting at…

• Brazilian Gallery Almeida & Dale Raided in São Paulo Over Disputed Volpi Paintings market-auction

  On Wednesday, São Paulo police executed a search warrant at Almeida & Dale, one of Brazil's largest galleries, located in the Jardins district. The raid by the São Paulo State…

• Jeffrey Gibson Sues Former Gallery Kavi Gupta Over $600,000 in Unpaid Sales market-auction

  Jeffrey Gibson, who will become the first Native American artist to represent the United States at the 60th Venice Biennale, has filed a lawsuit against his former gallery, Kavi…

• Endeavor Acquired by Silver Lake for $13 Billion, Renamed WME Group market-auction

  Silver Lake Partners acquired Endeavor, the parent company of Frieze, for $13 billion in equity value on Monday, taking the company private. Endeavor, which went public in 2021,…

• November 2014 New York auctions yield mixed results with record highs and notable buy-ins market-auction

  Sotheby's New York achieved $343 million in its 11 November postwar and contemporary sale, falling short of the previous year's $380.6 million total. Jasper Johns' 1983 Flag set…

• Sotheby's Expands Private Sales with S/2 London Amid Auction Market Shifts market-auction

  Sotheby's has launched its S/2 private sales gallery model in London, expanding from its New York base and aiming to host five selling exhibitions each year at this new site. This…

• Hauser & Wirth's UK profits plummet 90% amid gallery expansions and artist additions market-auction

  The Financial Times reported that Hauser & Wirth's UK profits have dropped by nearly 90 percent, though this may not reflect the gallery's global performance across its 18…

• Princess Eugenie joins Hauser & Wirth, summer art events and auctions highlight market activity market-auction

  Princess Eugenie has been appointed as an associate director at Hauser & Wirth, with rumors suggesting her Snow White-themed 25th birthday party impressed Iwan Wirth, leading to…

• Art adviser Lisa Schiff sentenced to prison for wire fraud in $9M Ponzi scheme market-auction

  Lisa Schiff, a New York art adviser, has been sentenced to two-and-a-half years in prison and ordered to pay $6.4 million in forfeiture plus $9 million in restitution to victims.…

• Francis Bacon Triptych Offered as $100 Shares on New Art Stock Exchange Platform market-auction

  A 1963 Francis Bacon triptych, Three Studies for a Portrait of George Dyer, is being offered in fractional shares priced at $100 each through Artex, a regulated platform described…

• Nathan Drahi appointed managing director of Sotheby's Asia operations as Kevin Ching retires market-auction

  Nathan Drahi, the 26-year-old son of billionaire Patrick Drahi, will become managing director of Sotheby's Asia operations at year's end. This appointment follows Kevin Ching…

• Keith Haring, Eddie Peake, Petra Cortright, and Nam June Paik works featured in art wishlist market-auction

  Christie's is set to auction a Keith Haring piece depicting a man masturbating, with bids estimated between £70,000 and £100,000. This artwork, being sold by Sting and Trudi…

• South Korean Police Arrest Three in Lee Ufan Forgery Ring market-auction

  South Korean authorities have apprehended three individuals for producing and selling counterfeit works by artist Lee Ufan. The suspects, identified as dealers Kim and Ku along…

• Artangel's £2.5m fund launched with works from 37 artists including Hiorns, Gordon, Iglesias market-auction

  A fundraising initiative titled Artists for Artangel has been established through donations from 37 international artists who have previously collaborated with the London-based…

• Ariel Emanuel acquires Frieze for nearly $200 million, expanding global art fair portfolio market-auction

  Ariel Emanuel, a prominent figure in Hollywood, has acquired Frieze, the art fair and magazine organization, in a transaction worth nearly $200 million. This move comes after…

• San Art's Online Auction 'Thresholds of Motion' Aims to Rescue Fragile Vietnamese Nonprofit market-auction

  From December 4 to 18, 2014, San Art, a nonprofit gallery and reading room in Ho Chi Minh City, Vietnam, will conduct an online fundraising auction called 'Thresholds of Motion'…

• Cimabue painting sells for €24.2M at Paris auction, Sotheby's CEO replaced, biennial appointments announced market-auction

  On Sunday, a painting from the thirteenth century by Cimabue, titled The Mocking of Christ, fetched €24.2 million at the Actéon auction house located near Paris, marking a new…

• PleasrDAO sues Martin Shkreli for allegedly copying Wu-Tang Clan album market-auction

  PleasrDAO, a group of digital art enthusiasts, has initiated legal action against Martin Shkreli, accusing him of producing unauthorized reproductions of the exclusive Wu-Tang…

• Gagosian Sues Qatari Agent Over Picasso Sculpture Ownership Dispute market-auction

  Larry Gagosian has initiated legal proceedings against Pelham Holdings, representing the Qatari royal family, regarding ownership of Picasso's Bust of a Woman (1931). Both parties…

• Paddle8 Auction House Files for Bankruptcy, Names Justin and Haley Bieber as Creditors market-auction

  Online auction house Paddle8 has filed for bankruptcy, listing creditors including Justin and Haley Bieber in its petition. This development follows a lawsuit filed against the…

• Galleries Target Luxury Enclaves for Wealthy Collectors, Shifting Art World Geography market-auction

  Major galleries are increasingly establishing spaces in exclusive destinations frequented by the ultra-wealthy, moving away from traditional art capitals. Gagosian opened a space…

• Qatar's Al-Thani Family Dominates Global Art Market with Major Acquisitions and Cultural Projects market-auction

  Qatar has become the world's leading purchaser of modern and contemporary art, driven by the Al-Thani family's aggressive collecting. Sheikh Saud bin Muhammad bin Ali Al-Thani…

• Tim Berners-Lee Auctions World Wide Web Source Code as NFT Through Sotheby's market-auction

  Tim Berners-Lee, inventor of the World Wide Web, is auctioning the original source code from 1989 as an NFT through Sotheby's with a starting price of £1,000. The NFT includes…

• Eight charged in Norval Morrisseau forgery ring after Barenaked Ladies musician's suspicion market-auction

  An extensive investigation spanning two and a half years has resulted in charges against eight people for supposedly running a forgery operation that produced counterfeit artworks…

• Phillips and Poly Auction Houses Announce Collaborative Sales in Hong Kong This Autumn market-auction

  This autumn, Phillips is collaborating with Poly Auction to conduct modern and contemporary art sales in Hong Kong, signifying a strategic partnership between the London-based…

• Christie's Brett Gorvy on Record Auction Sales and Market Trends market-auction

  Back in November 2013, Brett Gorvy, who is the chairman and the global head of post-war and contemporary art at Christie's, oversaw a groundbreaking sale of Francis Bacon's…

• Drawing Biennial 2015 Launches Fundraising Auction with Over 200 Works on Paper market-auction

  The Drawing Biennial 2015, organized by the non-profit Drawing Room, serves as a fundraising exhibition and silent auction featuring over 200 original A4 drawings contributed by…

• Amie Siegel's Film 'Provenance' to be Auctioned at Christie's Post-War and Contemporary Sale market-auction

  Amie Siegel's 2013 film 'Provenance' will be sold as lot 248 in Christie's Post-War and Contemporary sale this weekend. The Chicago-born artist's work traces the reverse journey…

• Allan Schwartzman and Amy Cappellazzo Launch Art Agency, Partners to Merge Curatorial and Financial Expertise market-auction

  Amy Cappellazzo departed Christie's this year, where she had served as chairman of postwar and contemporary development, to join forces with art adviser Allan Schwartzman. Their…

• Guy Wildenstein acquitted of tax fraud charges in French court market-auction

  French authorities accused Guy Wildenstein, president of the New York gallery Wildenstein & Company, of money laundering and tax evasion. Last week, a court cleared him of these…

• Collector Files Lawsuit Against Woodward Gallery Over Alleged Warhol Forgeries market-auction

  Nira Levine has initiated legal action against Woodward Gallery, alleging the sale of counterfeit Andy Warhol prints. The collector claims the New York gallery encouraged her to…

• Christie's Art + Tech Summit Explores Blockchain's Potential to Transform Art Market Transparency and Trust market-auction

  On July 20, 2018, the Christie's Art + Tech Summit, co-hosted with Vastari, drew more than 200 participants, including collectors, tech entrepreneurs, and gallerists. The event…

• Sotheby's acquires AI startup Thread Genius to enhance data strategy market-auction

  Sotheby's has acquired Thread Genius, an artificial intelligence startup specializing in taste-based image recognition and recommendation technologies. The startup was founded by…

• Artist Robert Cenedella sues five major US museums for $100 million over alleged market manipulation market-auction

  So, Robert Cenedella, an artist known for his biting satire and who appeared in the 2015 film 'Art Bastard,' has just filed a federal class action lawsuit against five major U.S.…

• Mugrabi Family's Market Influence Through Decades of Strategic Art Acquisition market-auction

  The Mugrabi family—Jose, David, and Alberto—have built a formidable art portfolio over more than two decades, positioning themselves as influential market makers. Their collection…

• Panama Papers Expose Offshore Art Market Secrecy and Key Collectors market-auction

  The International Consortium of Investigative Journalists (ICIJ) has revealed through the Panama Papers leak a significant trend among prominent art collectors utilizing offshore…

• Portuguese collector Joe Berardo ordered to surrender art for €1bn debt market-auction

  A court has mandated that Portuguese collector Joe Berardo relinquish a portion of his art collection to address outstanding debts amounting to €1 billion. Nevertheless, the three…

• Sotheby's inaugural Beijing auction generates $37 million, sets Zao Wou-Ki record market-auction

  Sotheby's first auction in mainland China garnered $37 million, reflecting strong engagement from collectors in the area. Held in Beijing, this event set a new auction record for…

• NFTs Redefine Art Market by Dematerializing Rarity and Ownership in Digital Era market-auction

  The art market underwent a transformation in 2021 as nonfungible tokens (NFTs) separated physical items from their market worth, establishing a novel framework for digital…