Art market

Podcastspodcast

Can the art market weather the coronavirus storm?

Plus, Sean Scully talks about his favourite "lonely work", The Moroccans by Matisse in New York's Museum of Modern Art. Produced in association with Christie's

Hosted by Ben Luke. with guest speakers Anna Brady and Margaret Carrigan. Produced by Julia Michalska, David Clack and Aimee Dawson

UAE government promotes existing Art in Embassies acquisition scheme as a coronavirus relief plan

The Ministry of Foreign Affairs suggested its AED 1.5m in purchases were part of a new initiative following the suspension of Art Dubai due to Covid-19

Coronavirusanalysis

Galleries and auction houses reflect on Italy’s ground zero

Events have moved to summer and autumn in a swift response, with acceleration of online activity

Redundancies, pay cuts and staff furloughs at Sotheby's as coronavirus impact bites

Christie's is also making salary cuts and has furloughed between 300-400 staff as lockdown closes auction houses and forces sales online

Available online or by appointment: the best new commercial exhibitions to check out during lockdown

From a virtual tour of William N. Copley's Surrealist-inspired paintings to Joshua Citarella's exploration of young political online spaces

Will coronavirus-related cancellations spell the end of ‘fairtigue’?

When the merry-go-round restarts, it will be in a changed landscape. While fairs have been postponed and others cancelled, there may be benefits

Sotheby's postpones New York May 'gigaweek' sales due to coronavirus

Move is in line with Christie's and Phillips which postponed their sales to late June, but Sotheby's is yet to announce when its auctions will actually happen

London’s young galleries fight for survival during lockdown

But being smaller can mean lower overheads and more nimble business models, with some venues more upbeat than others as the shutdown hits

Frieze offers full refunds to exhibitors after cancelling its New York fair due to coronavirus

The fair will also launch a new online viewing room feature at no cost to planned exhibitors and will apply reimbursements to future editions

New York galleries seek rent relief from state government in the wake of coronavirus shutdowns

Some dealers are "prepared for a rent strike" if Governor Cuomo does not address a new bill offering rent suspensions to small businesses before 1 April

Coronavirusanalysis

Post-pandemic, the art market might return to 'normal'—but do we want it to?

Many in the art world see the impact of coronavirus as a chance to slow down the frenetic pace of global activity and rethink the whole system

Obituariesfeature

Peregrine Pollen, who revitalised auction industry and laid the ground for the booming art market of the 21st century, has died, age 89

One of the most dynamic figures in the international expansion of Sotheby's in the 1960s and 1970s, descended from generations of collectors and men of action

US copyright law comes under scrutiny as new legislation makes its way before Congress

A planned new mediation system, which aims to streamline copyright breach claims in the US, has loopholes that could deny artists justice, critics say

Coronavirusanalysis

New York galleries turn on the cameras as they turn off the lights during coronavirus lockdown

As programming and expansion plans are halted, innovation kicks in with virtual performances and tours

Masterpiece London cancels 2020 June edition as UK cracks down on coronavirus spread

The move follows news that Art Basel will postpone its 50th anniversary edition until September and New York's major auctions pivot to June

After much speculation, Art Basel postponed to September due to coronavirus

Swiss art fair is the latest of numerous fairs to be moved to the autumn, as the pandemic decimates the art world calendar

Tefaf Maastricht comes under fire as Covid-19 cases surge among the fair's attendees

Infected participants criticise fair’s decision to open in March as virus was spreading

Mediafeature

Are commercial galleries the next big content producers?

The top dealers are increasingly becoming audio and video makers and magazine publishers—is it all still about sales?

Smaller galleries frustrated by digital sales platforms as dealers move business online due to coronavirus lockdowns

Increasing membership rates for online marketplaces like Artsy prove daunting as galleries are forced to indefinitely close due to Covid-19

From hot new thing to 'cryptowinter' chill: sizing up fractional ownership of art

Companies are offering shares in works by artists from Monet to Warhol through crypto tokens, but the jury is out as to the benefits for investors

'I'm gearing up for a conversation with my landlord': Small US galleries prepare for the first wave of coronavirus losses

Considering staff furloughs and calling for state and city governments to expand small business grants, dealers are bracing themselves for significant financial downturn amid Covid-19

Art marketanalysis

Muted sales in Art Basel’s online viewing rooms as art market turns to technological solutions amid coronavirus crisis

Dealers say expectations were low but are grateful to be in touch with the art community

Latest art fair to succumb to coronavirus: Tefaf New York Spring postponed to autumn, swallowing up sister fair

Event has now moved to the dates normally occupied by Tefaf New York Fall, which has been scrapped as a result but will return in 2021, organisers say

Christie's and Phillips move May 'giga-week' New York sales to end of June due to coronavirus

Expanded 20th-century art week in US will swallow up London auctions; Sotheby's has yet to make a decision about its New York spring sales

Online auction house Paddle8 files for bankruptcy

But firm says move allows it "to protect the company and its assets... we are not shuttering the business"

Frieze New York cancels its ninth edition due to coronavirus

The fair is the latest to respond to the Covid-19 pandemic as cases in the city rise to 1,339

Pyjamas and cava: the diary of an Art Basel VIP in an online world

A blow-by-blow account of the Hong Kong digital viewing rooms that launched this morning

In a drastic move, Christie's shuts most locations and postpones sales due to coronavirus

Auction house has closed New York saleroom along with other offices—Sotheby's follows suit while Phillips has postponed all events and sales until mid-May