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Hauser & Wirth See Massive Profit Drop In The UK, Revenues Halved
Mega gallery Hauser & Wirth witnessed a massive 87 percent decline in its gross profits in the UK market in 2024, a recent report revealed.
As per a report by Financial Times, the revenues filings by Hauser & Wirth revealed that…
National Gallery Closes Amid US Government Shutdown
On Saturday, the National Gallery of Art indefinitely shuttered down, becoming one of the first galleries affected by the US government shutdown.
On Friday, the museum released a statement saying that it will close from the next day for an…
Sculptor Petrit Halilaj Wins The 2025 Nasher Prize, $100,000
Sculptor Petrit Halilaj is the 2025 recipient of the prestigious Nasher Prize, becoming the youngest ever to do so.
The Nasher Prize comes with a $100,000 purse, along with opportunities for programming and exhibition. It has not been…
Jessie Washburne-Harris Named Global Director Of White Cube
Iconic gallery White Cube has named New York-based Jessie Washburne-Harris as the new global director of the gallery.
Jessie Washburne-Harris would be taking up the new role after stepping down from her existing role as vice-president at…
Artnet CEO Jacob Pabst Resigns
Jacob Pabst, the CEO of Artnet AG, has resigned abruptly just before the group annual general meeting.
The announcement was made by Supervisory Board Chairman Pascal Decker as the meeting opened on Monday morning. Pabst, who has led Artnet…
Auction Houses Total $136M At Hong Kong Auctions
Christie’s, Sotheby’s, and Phillips saw a cautious Hong Kong market where their combined sales brought in $136.3 million.
Over the weekend, the big three auction houses held their own sales in Hong Kong, considered the hottest art hub of…
Phillips To Auction Triceratops Skeleton Est. At $3.5M
In November, Phillips will be auctioning a juvenile Triceratops skeleton that could fetch up to $3.5 million.
Named "Cera", the skeleton is the first full Triceratops discovered, retaining more than two-thirds of its skeleton. It was…
Ron Perelman’s $400M Insurance Claim Dismissed In Court
A judge has dismissed the $400 million claim by businessman Ron Perelman for the damage to 5 paintings.
In 2018, the East Hampton estate of Ron Perelman caught fire. While the fire was not devastating, it did damage a lot of assets in…
Steve McQueen’s Granddaughter Sues Lawyers Over Pollock Painting
The granddaughter of actor Steve McQueen has sued a South Carolina lawyer over the contentious ownership of a Jackson Pollock painting.
Molly McQueen, the granddaughter of Steve McQueen, filed a case in a California court against lawyer…
Sotheby’s To Host Most Expensive Art Exhibition At Abu Dhabi
Next month, Sotheby's will be hosting the most expensive exhibition of Middle East at Abu Dhabi, with artworks valued at $150 million.
Scheduled for October 1 and 2, it will also be the first fine art exhibition by Sotheby's in the UAE.…