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Sotheby’s Accused of Helping the Wealthy Cheat Taxes: $6.25M Settlement
The scandal raises questions about accountability in the high-stakes art world and the role of privilege in sidestepping the law.
A smarter watch on the art market—records, sell-through, and shifts across auctions and fairs, plus why the moves matter. Quick briefs on buyers vs. sellers, estimates vs. hammer, categories rising or cooling, and fair outcomes. Takeaways, comps, and links to full results—actionable signals for collectors, galleries, and advisors.
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The scandal raises questions about accountability in the high-stakes art world and the role of privilege in sidestepping the law.
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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 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 Basel has announced the galleries and programming highlights for its 2025 Hong Kong edition, featuring exhibitors from 42 countries, new Asia-Pacific partnerships, and exciting events like the MGM Discoveries Art Prize. Here’s what to expect at the fair opening on March 28, 2025!
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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 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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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.
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As small, independent galleries gain prominence in the art world, they challenge the dominance of mega-galleries by offering personalized, community-focused experiences
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The dual evolution of art galleries, blending the new with the old, and showcasing examples of how both are shaping the future of art appreciation.
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Hong Kong’s rise to the top of the global art scene has transformed it into a pivotal hub for art and luxury sales. With auction houses like Christie’s, Sotheby’s, Phillips, and Bonhams expanding their presence, the city cements its status as the gateway to Asia’s booming collector market.
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ART Walkway offers a snapshot of a 2024 art market trends that are as exciting as it is unpredictable – So, buckle up and enjoy the journey through the colorful, chaotic, and captivating world of contemporary art!
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Art Basel 2024, held at the Messe Basel in Switzerland, is one of the most prestigious and influential art fairs in the world. Known for its high-caliber exhibitions, it attracts the crème de la crème of the art world, including top galleries, renowned artists, discerning collectors, and art enthusiasts from