Art Market Watch
How Much Is Mars Worth? Billionaires Battle Over a Rock from Another World
A once-in-a-generation Martian meteorite, weighing 24.67 kilograms and known as NWA 16788, is poised to make history at Sotheby’s New York on July 16.
Latest Art News
Coverage of recent developments, announcements, and institutional activity shaping the contemporary art landscape.
Latest Art News
NSCAD See Surge in American Applicants Amid Tightening US Visa Policies
Amid tightening US immigration rules, NSCAD and other Canadian art schools are seeing a notable surge in interest and applications from American students.
Latest Art News
New Perspectives Art Partners: Art Market Veterans Launch New Consultancy NPAP to Navigate Industry Challenges
Ed Dolman, Brett Gorvy, and others form New Perspectives Art Partners (NPAP), an elite advisory group tackling today’s complex art market shifts.
Latest Art News
English Heritage Chief Nick Merriman Resigns Amid Controversy Over Job Cuts and Site Closures
English Heritage’s CEO Nick Merriman resigns following backlash against plans for significant job cuts and site closures, raising concerns about the charity’s financial struggles and heritage preservation.
Latest Art News
Vancouver Art Gallery Cuts 30 Union Jobs Following Major Building Project Cancellation
The Vancouver Art Gallery laid off 20% of union staff after canceling its costly $600 million Herzog & de Meuron building project.
Latest Art News
Europe’s Heatwave Forces Eiffel Tower Top Floor Closure to Protect Visitors
Europe’s intense heatwave led to the closure of the Eiffel Tower’s top floor for several days, as Paris temperatures soared above 104°F. Visitors faced refunds and hydration efforts amid widespread climate impacts across the continent.
Latest Art News
Italy’s Art Market Breakthrough: Slashing VAT to 5% and Its Impact on Cultural Economy
Italy’s government announces a dramatic VAT reduction on art sales from 22% to 5%, potentially sparking a €1.5 billion sales surge and reviving its cultural economy.
Latest Art News
Museums as Culture Makers: Embracing AI to Build Community, Not Just Audiences
Museums must leverage AI not just for tech, but to build lasting communities through participatory programs and social innovation, transforming into dynamic hubs of culture and connection.
Latest Art News
Guggenheim Elects Katrin Henkel and Peter H. Kahng to Board
Guggenheim elects Katrin Henkel and Peter H. Kahng to its Board, fusing connoisseurship and capital to guide New York, Venice, Bilbao, and the planned Abu Dhabi.
Latest Art News
Getty Launches Global Fellowship to Unite Art and Sustainability Worldwide
The Getty Trust unveils a multi-year global fellowship placing artists and cultural workers at institutions worldwide to address climate change through art, preservation, and community engagement.
Art Market Watch
Original Hermès Birkin Prototype Heads Sotheby’s Live Auction in Paris, July 2025
The original Hermès Birkin prototype, created in 1984 and owned by Paris collector Catherine B., goes under the hammer at Sotheby’s live auction during Paris Couture Week, highlighting its unmatched cultural and fashion significance.
Art Market Watch
Chanel Arts & Culture Magazine Launch Celebrates Contemporary Art and Thought
French luxury brand Chanel debuts Arts & Culture Magazine, a 250-page collector’s edition showcasing the Chanel Culture Fund’s support for contemporary art, culture, and critical discourse worldwide.