Artnews.com Market

• Mega Gallery Pace is Dropping Some 50 Artists, 50 Staff in ‘Model Correction’

  “Galleries need a model correction," CEO Marc Glimcher told ARTnews.

• New Freeman’s CEO, Rana Begum Joins Lehmann Maupin, and More: Industry Moves for June 3, 2026

  Begum will make her debut with the gallery at Art Basel this June.

• We Asked Artists, Dealers, Lawyers, and Advisers What Gallery Representation Means Today—And It’s Surprisingly Complicated

  Even as artists spend years chasing gallery representation, what the arrangement means remains surprisingly difficult to define.

• Art Basel Reveals More Participating Galleries and the Artists Selected for its ‘Exclusive’ Initiative, Which Withholds Artworks from Email Previews

  The world’s largest galleries are participating, and artists from Etel Adnan to Xu Zhen have been selected to debut their works to the world in Switzerland.

• French Court Rules That Lawsuit Between Monet Heirs and Wildenstein & Co. Gallery Can Proceed

  “The family is very humiliated to have been fooled this way,” the Monets' lawyer, Corinne Hershkovitch, said.

• Sotheby’s Offers Art and Design From Estate of Revered Dealer Barbara Gladstone, Led by Richard Prince and a Jean Prouvé Sideboard

  Leading the artworks is a $1.2 million Richard Prince, while the design pieces are led by a $180,000 Jean Prouvé sideboard.

• Sotheby’s $30 M. T. rex Is Further Evidence That Dinosaurs Are Becoming the Ultimate Trophy Object for the Ultra-Wealthy

  Dinosaurs are no longer occasional curiosities tucked into natural history sales. They are becoming luxury objects in their own right.

• Heritage Auctions Taps Samantha Anderson for New Position Combining Legal and Business Development Roles

  “It’s a role that acknowledges that those buckets get mixed,” said Anderson.

• Five Questions for Five Advisors on the May Marquee Sales

  We asked five advisers for their takes on the May sales, from the high-profile consignments to what we can expect from the art market’s “new normal.”

• Taiwanese Pop Star Is the Buyer of $20 M. Matisse Painting at Sotheby’s

  The Taiwanese pop star posted on Instagram last week that he was winning bidder for La Séance du Matin.