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Phillips Reports $843M in 2024 Sales, Auction Revenue Drops 14%
Despite challenges, watches and jewelry sales remained stable.
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Sotheby’s Faces a Turning Point: What It Means for the Art World—and You
Sotheby’s lays off over 100 employees amid declining global auction sales, marking a significant moment of change for the renowned auction house.
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Japan’s Art Market in 2024: Key Trends and Future Insights
Here's a snapshot of its unique dynamics and future potential.
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The Value of a Simple Banana: A Reader’s Email Sparks Reflection
A $6.2 million banana, art provocateur Justin Sun, and a world grappling with hunger: this article unpacks the ethical and cultural fallout of Sun’s controversial consumption of 'Comedian' by Maurizio Cattelan.
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Venice Biennale 2024: Bold Inclusivity Amid Declining Attendance, Says Art Walkway Critic
Venice Biennale 2024 broke barriers with inclusivity and diversity, but critics like Panu Syrjämäki question its declining attendance and whether its bold steps can become lasting change.
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Resale Royalties? Or Just Another Art World Myth?
ART Walkway's critic Panu Syrjämäki dives into the booming secondary art market, where resale royalties spark fierce debate.
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Sotheby’s $1 Billion Boost and the Middle East’s Rise in the Global Art Market
Sotheby’s recent investment from Abu Dhabi’s ADQ reflects a broader shift toward the Middle East’s growing influence in the global art market.
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Art Collaboration Kyoto 2024: Redefining Art Fairs Through Global Collaboration and Kyoto’s Cultural Heritage
Art Collaboration Kyoto 2024 showcased a unique blend of tradition and innovation, uniting international and local galleries in Kyoto’s historic setting for an immersive cultural experience that sets a new standard for art fairs.
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Art World? Or Rather Art Universes? How Many Are There?
The contemporary art field isn’t just one world; it’s a network of diverse “art universes.” Our news editor and art critic Panu Syrjämäki explains the unique challenges and rewards artists face in navigating this complex ecosystem.
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Art Basel Paris 2024: A Critic’s View on Global Trends and Collectors
Art Basel Paris 2024 shows steady growth post-Brexit, with notable shifts in collector behavior, focus on political contexts, and significant market impact. Compared to Miami and Hong Kong, Paris stands out for its role in investor predictions and sustainability trends.
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Is the ‘Death of the Author’ Theory Relevant in the Age of Social Media?
Social media reshapes authorship, blurring the line between artist and audience. Discover how platforms like Instagram and TikTok challenge traditional views on artistic meaning, redefining Barthes' ‘Death of the Author’ theory.
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The Armory Show 2024: The Shift in Collector Behavior to Seeking Meaningful Connections
As we’ve seen at The Armory Show 2024, collectors are increasingly prioritizing art that resonates with their personal values and tells compelling stories, seeking deeper emotional connections and narratives in the pieces they choose.