Art market

Sotheby's goes private as it is sold for $3.7bn

French-Israeli media billionaire Patrick Drahi's company BidFair USA buys firm from shareholders

Toddler sends €50,000 sculpture flying at Art Basel

Three-year-old girl reportedly knocks a fly by the German artist Katharina Fritsch off plinth

Object lessons: from an ancient Roman mosaic to an Art Deco icon of the LGBTQ+ movement

Our pick of items from auctions and fairs around the world over the next fortnight

Now showing: why do art fairs neglect video art?

Collector interest in videos is rising, but the medium still struggles to find floor space

South African art fair gets reboot under a new owner

Johannesburg-based FNB Joburg fair has been bought by its former director Mandla Sibeko

Datacomment

A crisis of faith: is Big Data the art world’s new religion?

The rise of Big Data means that connoisseurship is being replaced by "intel", which has far-reaching implications for the art world

Collector's Eye: Markus Hannebauer

The Berlin software entrepreneur tells us what he's bought and why he loves it

Off-floor selling boosts trade at Art Basel

Viewing rooms, appetite-whetting preview publications and digital platforms are all paying off for galleries at the fair

Paula Regofeature

Paula Rego: 'retire? and do what? eat ice cream?'

The Portuguese artist’s work focusing on issues such as abortion and honour killings is more relevant than ever – and curators cannot get enough

Auction prices: the elephant in the room at Art Basel

The first rule of art fairs is don't talk about auctions—but sometimes they can benefit artists and their dealers

At Art Basel, dealers are looking to reap the rewards of the Venice Biennale

It is an open secret that sales are made in Venice, but dealers at the Swiss art fair are looking to capitalise on the buzz the Biennale creates

Gerhard Richter: a buyer's guide

As a major retrospective on the artist is due to open at the Met Breuer in New York next year, we look at the German artist's market

Goodman Gallery will open in London to rail against 'heightened nationalist sentiment and populist politics'

South African gallery is first to be confirmed for new Cork Street redevelopment which has been empty since it was finished last year

Ethicsanalysis

The only way is ethics: the art world's 'networks of undue influence'

Ethics specialist Piergiorgio Pepe claims the power in the art industry is still held in the hands of a few

Gender parity in commercial galleries lags behind public sector in UK, report finds

Opinion that female artists make poorer investments has a lasting impact on the legacy of women, according to the research from Freelands Foundation

Artists and dealers resist the development of New York’s Chinatown

The coalition Art Against Displacement rallies against the construction of four contested luxury towers in a Manhattan Supreme Court hearing today

Vancouver's art market sees influx of Chinese cash

As British Columbia clamps down on foreign real estate investment, Chinese collectors are investing in contemporary Canadian art with "no expense spared”

Gagosian to go off-piste with first pop-up show during Art Basel

Continuing Abstraction show will run off-site throughout the fair, featuring artists such as Willem de Kooning, Helen Frankenthaler and Theaster Gates

Marlborough rebrands and expands in New York's Chelsea neighbourhood

Max Levai will head up the newly consolidated global gallery as blue-chip dealers increase their real estate footprint and stretch their family legacies

Dominique Lévy: ‘I just don’t think big is better’

She started off as an apprentice clown and did a stint as a currency trader, but it’s as a dealer in works of art in the vanguard of social change that Dominique Lévy has found her true calling

Art Baselarchive

A lesson in attending Basel on a budget

Is it possible to attend an event where extravagant expenditure is commonplace without paying for the privilege?

Multi-million-dollar Matisse fails to find a buyer at Toronto auction

The French Modern master’s oil painting Femme assise sur un balcon was withdrawn from a Canadian sale after bidding stalled below the reserve price

Art marketpreview

Private view: must-see gallery shows opening this June

New commercial gallery shows—from notions of black culture in London to immigrant identity in Los Angeles

Why the Tbilisi art fair should not be afraid of communist-period art

A successful second edition of the fair, with visits to houses and studios, and lots of collateral shows

Art marketpreview

Art Busan hopes to dodge US-China trade war crossfire

Free of the high taxes and stringent customs of mainland China, the fair adds to a burgeoning art scene in South Korea's second largest city

Art Basel owner sells stake in Art Düsseldorf to fair organisers Sandy Angus and Tim Etchells

Angus says he is also keen to buy MCH’s share in the India Art Fair as the group divests its regional art fair portfolio

More grief for Aristophil investors as French government seizes hundreds of documents

Around 18,000 people invested in the now bankrupted company's manuscripts collection, but state says many items of historical importance should never have been sold

Anti-Brexit artist campaign set to raise more than £1.5m as UK heads to polls for European elections

United Artists for Europe exhibition and auction will benefit cultural projects supporting heritage preservation across the continent, but Notre Dame is ruled out

Auctionsanalysis

Edward Hopper's over-priced ode to Shakespeare goes unsold as market for American art proves capricious

Christie's American art sales this week realise a new record for Hartley but Sotheby's struggles to get the pricing right on Hopper's Shakespeare scene