Artnews

Warhol’s Marilyn Monroe portraits. Getty Images A high-profile Hong Kong real estate family is learning that a hot corner of finance—art-backed lending—has its limits. According to Bloomberg, the Parkview family’s property empire in Hong Kong—already strained by a near-default in March—explored an art-backed loan earlier this year with Sotheby’s. Their offer comprised over 200 works, including pieces …

Hong Kong Real Estate Firm’s Art Lending Deal with Sotheby’s Hits Snag Read More »

(L to R): Brett Gorvy, Philip Hoffman, Ed Dolman, Patti Wong, Alex Dolman Courtesy Emilio Madrid The art market isn’t broken, exactly, but in the eyes of art market veterans Ed Dolman, Alex Dolman, Brett Gorvy, Philip Hoffman, and Patti Wong, it doesn’t function the way it used to. The group aims to change that …

A Supergroup of Art Market Veterans Have Formed a Consultancy to Solve High-Level Art World Problems Read More »

Heather Gerken will be the 11th president of the Ford Foundation. Photo John Nienhuis The New York–based Ford Foundation, one of the leading private philanthropic organizations in the US, has named Heather Gerken its next president. Succeeding Darren Walker, Gerken will be the 11th president of the foundation and the second woman ever to lead …

Ford Foundation Names Yale Law School Dean Heather Gerken as Next President Read More »

Chanel’s Arts & Culture Magazine Vol. 1. Courtesy Chanel/Roe Ethridge via WWD Chanel is strengthening its cultural initiatives with celebrations for its centenary in the U.K. The French brand is launching Arts & Culture Magazine, a publication that revisits the brand’s work with artists and cultural institutions in the last five years. The project is …

Chanel Launches Arts & Culture Magazine Read More »

Archaeologists cleaning the mosaic outside Alès, France. ©F. Giraud, Inrap The remains of a Gallo-Roman site overlooking the French city of Alès have been identified by archaeologists, the National Institute for Preventive Archaeological Research (Inrap) announced on Tuesday. Excavations conducted between February and June this year revealed the remains of dwellings, hydraulic systems, a domus …

Ancient Roman Settlement Discovered in France Read More »

Nick Merriman. COURTESY ENGLISH HERITAGE The chief executive of English Heritage, the British conservation charity, has stepped down from his role having only joined at the beginning of 2024. English Heritage said in a statement that Nick Merriman resigned for personal reasons linked to family health. Geoff Parkin will now step into the role on …

English Heritage Boss Steps Down After Proposing Severe Job Cuts Read More »

Interior of the Cathedral of Santiago de Compostela on June 15, 2023. AFP via Getty Images Spain’s Supreme Court has ordered the heirs of former dictator Francisco Franco to return two religious statues to the city of Santiago, concluding a years-long legal dispute over their ownership. The two pieces, depicting biblical figures Isaac and Abraham, …

Top Spanish Court Orders Heirs to Return Cathedral Statues Read More »

Rosalind Fox Solomon, 2019. Getty Images for International Center of Photography Rosalind Fox Solomon, a photographer who crafted piercing images of alienation, racism, and marginalization in the United States and far beyond it, died in New York on Monday at 95. Stephen Bulger Gallery, her representative, confirmed her passing, but did not state a cause …

Rosalind Fox Solomon, Photographer Who Pictured Alienation and Racism, Dies at 95 Read More »

CCA, Sauchiehall Street. Photo Alan Dimmick/Courtesy CCA The Centre for Contemporary Arts in Glasgow, Scotland, will be closed for the rest of the week after a pro-Palestine protest held in the institution’s courtyard on Tuesday afternoon. Art Workers for Palestine Scotland organized a sit-in at CCA that was intended to last the entire week, calling …

Glasgow Arts Institution Closes After Pro-Palestine Protest Read More »

Last Selfie by XCOPY Courtesy Jediwolf While most art collectors focused on Art Basel this week, the Digital Art Mile—Basel’s first-ever digital art fair—opened its second edition on Monday. Launched last year by digital art adviser Georg Bak and ArtMeta founder Roger Haas, the fair is being held at Basel’s underground Kult Kino Camera cinema …

ARTnews Polled 10 Digital Art Experts to Find Out Their Favorite Digital Art Works Read More »