As Corruption Reigns in the Art Market, Kenny Schachter Follows the Money in New York’s Art Auctions

As Corruption Reigns in the Art Market, Kenny Schachter Follows the Money in New York’s Art Auctions

Our columnist went in search of funny business in New York's marquee fall auction week, and he didn't have to look far.

Artneta day ago

When a Survey Show of Contemporary German Painting … Isn’t One

When a Survey Show of Contemporary German Painting … Isn’t One

The curators of Now! Young Painting in Germany have to ask themselves how a survey of German contemporary painting justifies a disproportionate representation of certain art academies.

Hyperallergic9 days ago

The Gray Market: Why KAWS Is More a Symbol of the Art Market’s Past Than Its Future (and Other Insights)

The Gray Market: Why KAWS Is More a Symbol of the Art Market’s Past Than Its Future (and Other Insights)

Our columnist on what the art world is missing about the recent market success of KAWS, and what it means for the next generation.

Artnet9 days ago

'The nothings that threaten everything': how Banksy, Kaws and other street artists are shaking up the art world

'The nothings that threaten everything': how Banksy, Kaws and other street artists are shaking up the art world

“The €11.1m spent on the canvas of the mysterious king of graffiti marks the birth of a collection inspired more by social networks than by art history,” Bonami lamented. “If Faust sold his soul in exchange for wisdom, the art world, more prosaically, sold both its soul and its wisdom for profit.”

The Art Newspaper13 days ago

The Gray Market: Why Twitter’s Ban of Political Ads Could Have an Important Impact on Instagram’s Censorship of Artwork (and Other Insights)

The Gray Market: Why Twitter’s Ban of Political Ads Could Have an Important Impact on Instagram’s Censorship of Artwork (and Other Insights)

On Wednesday, Twitter CEO Jack Dorsey announced via tweet thread that his platform would no longer allow political advertising. Scheduled to go into effect on November 22, the new policy puts Dorsey’s platform in direct opposition to Facebook, which last month eliminated its requirement for paid ads to avoid making “deceptive, false, or misleading” statements as long as they originate directly from a political candidate or political party.

Artnet16 days ago

The Turner Prize has more of a purpose than it has had in years

The Turner Prize has more of a purpose than it has had in years

All of the four nominees question, in one way or another, the nature of the walls that divide and enclose us; a reflection, perhaps, of the times, but it also means that the exhibition at Turner Contemporary in Margate has a greater purpose and power than it has had for several years.

Apollo Magazine25 days ago

In a World Rent Asunder by Protest, Kenny Schachter Goes Shopping for Art at FIAC—and Pays a Little Visit to That Jeff Koons

In a World Rent Asunder by Protest, Kenny Schachter Goes Shopping for Art at FIAC—and Pays a Little Visit to That Jeff Koons

Before I launch into a brief fair recap, some thoughts on the upcoming auctions and state of art collecting, as insignificant as it all sounds in relation to what’s happening in the world.

Artneta month ago

How Happy I Am to Have Seen This Little Corner of America in a Museum

How Happy I Am to Have Seen This Little Corner of America in a Museum

Before I write about “what” I saw, I want to explain the “why,” having already stated exactly “where” this revelatory experience happened.

Hyperallergica month ago

The First Toronto Biennial Mines the History of the City’s Shoreline

The First Toronto Biennial Mines the History of the City’s Shoreline

From colonization to industrialization, the exhibition tackles complex local issues with international ambition

Frieze Magazinea month ago

Is Infantilism the Key to KAWS’s Unstoppable Rise? Kenny Schachter Peers Behind the Scenes at the London and Hong Kong Auctions

Is Infantilism the Key to KAWS’s Unstoppable Rise? Kenny Schachter Peers Behind the Scenes at the London and Hong Kong Auctions

Why do people swimming in cash need to behave like this? It’s fun for them, they can’t help themselves, and because they can. The inevitable auction caption could read: From the Collection of a Distinguished Belgian Flipper.

Artneta month ago

What is a museum today?

What is a museum today?

Collector Sylvain Levy's inaugural column questions the role of a museum in contemporary society. How can they continue to contribute and remain relevant?

Artland Magazine2 months ago

An Art Girl’s Guide To London

An Art Girl’s Guide To London

During the first week of October, the art world associates London with one thing only: Frieze. But besides the biggest art fair to hit the UK, London is host to hundreds of galleries, dozens of museums and many cute cafes, restaurants and stores to explore too. So, without further ado, here’s an insider’s guide of our favourite places you need to visit this Frieze week when you’re tired of the fair.

The Art Gorgeous2 months ago

Turner prize 2019 review: Outrages of our age, in sound, vision and papiermache

Turner prize 2019 review: Outrages of our age, in sound, vision and papiermache

All four artists in this year’s Turner prize focus on the miseries of our time; on human resilience; on division and reconciliation; on despair and hope. None have neat solutions, nor do they ignore complexity. Their approaches are all utterly different, in an exhibition that has painting and sculpture, film and digital imagery, theatricality and documentary, horror and humour.

Guardian2 months ago

Global recession looms—but there's a new twist

Global recession looms—but there's a new twist

“A recession is coming: will it be in three, six or 12 months? I don’t know; but what I do know is that in all my career I have never experienced a situation like today’s.” This was said to me this summer by an experienced wealth manager in Europe. The global economic outlook is weakening, battered by multiple factors: the US-China trade war, a slowing economy in China and elsewhere, turbulence in Hong Kong, the ongoing Brexit crisis and unprecedentedly low interest rates, indeed negative ones for some countries’ bonds.

The Art Newspaper2 months ago

The Gray Market: Why Opaque Pricing in the Gallery Sector Makes Museum Collections Less Diverse (and Other Insights)

The Gray Market: Why Opaque Pricing in the Gallery Sector Makes Museum Collections Less Diverse (and Other Insights)

Our columnist connects the dots between old-school thinking about price transparency and old-school thinking about what museums should buy.

Artnet2 months ago

Why the Art World Must Back Greta Thunberg’s Global Climate Strike

Why the Art World Must Back Greta Thunberg’s Global Climate Strike

School’s out, but not for summer. It’s for the funny weather we’ve been having lately – and for the climate itself. Unless you’ve been living in a hole for the past 12 months, you will have heard of the inimitable and courageous Greta Thunberg. One year ago, she started a solo protest outside the Swedish Parliament calling on global governments to pull their fingers out when it came to taking action on the climate emergency. Now, millions of schoolchildren worldwide are skipping school every month, under the hashtag #FridaysforFuture, to join Thunberg’s resounding call on all global leaders in government, business and industry to do what they must to prevent the catastrophic climate their generation will have to live with. Today, this youth movement is calling on adults to join the strike.

Frieze Magazine2 months ago

A Former East German Power Station Aims to Make Art Sustainable

A Former East German Power Station Aims to Make Art Sustainable

That art has some sort of ‘power’ is irrefutable, although the true nature of that power remains up for debate. Is it: spiritual, economic, political – or all three? There are questions, also, to be asked of its wattage. While we often proselytize about the social significance of art and culture, they can often feel inconsequential in relation to more urgent matters at hand. That’s why culture’s power is seen as ‘soft’ in relation to the ‘hard’ brute force of coercion: it relies, for existence, on other forms of power, more or less tangible. Or, as Nam June Paik put it, stating the charmingly obvious: ‘Without electricity, there can be no art.’

Frieze Magazine2 months ago

Fistfights! Gallery Defections! Artist Lawsuits! Kenny Schachter on the Chaos of an Art Market Addicted to Easy Credit

Fistfights! Gallery Defections! Artist Lawsuits! Kenny Schachter on the Chaos of an Art Market Addicted to Easy Credit

On the first day back to school last week, I had lunch with dealer Harry Blain at Sant Ambroeus on Madison Avenue, New York’s uptown art canteen—just my luck I move to LUES (Lower Upper East Side) when the art world is in the midst of a shift to Tribeca. Within minutes I bumped into the Nahmad and Acquavella families dining at separate tables. Near the end of our meal, as Harry and I were talking shop, I noticed the notorious Aaron Richard Golub, lawyer to the Nahmads and George Condo, being led to a table with his young son in tow. As they wended their way towards our perch I furtively tried to waive the maître d’ away, but it was too late.

Artnet2 months ago

Why the Silence Around Class and the Art World Needs to Be Broken

Why the Silence Around Class and the Art World Needs to Be Broken

"I'm sick of the privilege, snobbery and barriers within the industry I am trying to work in." With Eton-educated politicians in power and talk of abolishing private schools, class has never been a hotter topic—and yet it remains a subject that is rarely spoken about in the art world.

Elephant2 months ago

Why the Art World Needs to Wake Up to the Kashmir Crisis

Why the Art World Needs to Wake Up to the Kashmir Crisis

As the full communications blackout enters one month, we must take action – not only to declare solidarity but to profoundly critique the times we live in

Frieze Magazine3 months ago

How to Look at a Sam Gilliam Painting: With One Eye on History and the Other on Color and Form

How to Look at a Sam Gilliam Painting: With One Eye on History and the Other on Color and Form

Here’s an old question that I find is still alive for a lot of people: How do you look at an abstract painting? Are you meant to just immerse yourself in the wordless presence of its colors? Or does it tell a kind of story too—about its author’s ambitions, about its place in art history, about ideas of painting itself—that you are meant to enter into as well? How does it speak to you?

Artnet3 months ago

Collectors are now collecting museums, not the other way around

Collectors are now collecting museums, not the other way around

Collectors collect art, and museums collect collectors. That’s the way the art world is generally understood to work. Museums put together world-class collections, and then they attract like-minded collectors who help to beef up their programme with selfless donations of art and money. Looked at from the other side of the ledger, collectors put together collections of the art they love, and then donate them to the institutions where their art will be housed to best effect. In both narratives, the museum’s programme is set by its director, by the broader community of artists, curators and the public at large, and by longstanding institutional traditions. Collectors are brought into the fold as a way of strengthening that programme.

The Art Newspaper3 months ago

Why We Love to Hate Gallery Dinners

Why We Love to Hate Gallery Dinners

In the art industry, dining is both a private and public-facing business tool. For professionals, it commonly takes the form of the post-opening gallery dinner. First the liturgy: ‘Are you coming to the dinner?’ ‘I have to go to another dinner.’ ‘I have dinners every night this month.’ Information for ranking a person’s social capital, for dodging social embarrassment, for performing ennui. Excuses betray motives. ‘I’d rather stay home but I’m working with the artist on the Guam Quinquennial,’ you hear a curator say. Their ubiquity at these dinners suggests otherwise: relentless ambition, no friends outside art and an income so low they’ll otherwise starve.

Frieze Magazine3 months ago

Advice Art Girls Would Give To Their Teenage Selves

Advice Art Girls Would Give To Their Teenage Selves

We all probably have a million and one things we wish we could tell the younger versions of ourselves to prepare them for the big bad world. I would personally tell myself to relax and be kind to myself, something so simple that would have made the transition through my teen years into my twenties SO much easier. But what about our favourite art girls? Even the most successful women in the world probably have a word or two of advice that they’d like to give their younger self. We reached out to some of our art girl gang, and here’s what they’d tell their teenage selves.

The Art Gorgeous3 months ago