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What the Auction Withdrawal of a $30 Million Brice Marden Painting Reveals About the Art Market

What the Auction Withdrawal of a $30 Million Brice Marden Painting Reveals About the Art Market
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8 Highly Specific Predictions for the Art Industry in 2023 (Including an Art-Fair Death Foretold)

Why Do Artists Leave Their Galleries? It s About Money—and a Whole Lot More

The Blobification of the Art Industry: How Lockdown Has Accelerated the Blurred Lines Between Galleries and Auction Houses

The Blobification of the Art Industry: How Lockdown Has Accelerated the Blurred Lines Between Galleries and Auction Houses As they compete for art market dominance, auction houses and galleries are increasingly adopting one another s sales strategies. April 13, 2021 Sotheby’s exhibition of Prints & Multiples is now open in London, England, ahead of the auction on 19th March at Sotheby s on March 13, 2020 in London, England. Photo by Tristan Fewings/Getty Images for Sotheby s. In February last year, a group of art-dealing titans went public with an unusual proposition they would team up and sell the storied collection of the late philanthropist Donald Marron. The move was a shock to the art-world system because it saw three galleries, Gagosian, Pace, and Acquavella, snaffling up a $450 million estate that historically would have been the territory of auction houses.

2020 Was a Blur Here Are 30 Notable Things That We Completely Forgot Happened This Year

Courtesy of the Nelson-Atkins Museum of Art in Kansas City, Missouri. Photo: Gabe Hopkins. Time was a little, um, weird in 2020. January feels like eons ago. And more than in almost any other year, it feels like stories that were major topics of conversation one day just poof! evaporated the next. To offer you a trip down memory lane, we searched back in our archives (sometimes not that far back!) to resurface stories from this year that felt like they must have happened long before 2020 or, maybe, you forgot they even happened at all. ART MARKET From left to right: Arne Glimcher, Bill Acquavella, Larry Gagosian, and Marc Glimcher. Photo © Axel Depuex.

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