FAD NEWS: Pace Gallery to cut around 50 Artists & 50 staff in major restructuring
4 June 2026 • Mark Westall
As first reported by The New York Times, Pace Gallery plans to reduce its artist roster and workforce in a major restructuring
Tag: art market
FAD NEWS: Jerry Gogosian Creator Hilde Lynn Helphenstein Dies Aged 40
2 June 2026 • Mark Westall
Hilde Lynn Helphenstein, creator of the influential art-world platform Jerry Gogosian, has died aged 40 in São Paulo, Brazil.
FAD News: Major museum acquisitions and strong sales drive Frieze New York 2026
18 May 2026 • Mark Westall
Frieze New York 2026 closed its 15th edition with major museum acquisitions, strong sales across all market levels and increased representation
FAD News: Meta Media Group launches The Art Journal, a new publication focused on the art market
1 May 2026 • Mark Westall
Meta Media Group has launched The Art Journal, a new independent digital-first publication dedicated to making the art market more… Read More
Artsy and Artnet Align to Build a New Digital Infrastructure for the Art World
16 April 2026 • Mark Westall
Artsy and Artnet have announced a major partnership, bringing together the art world’s leading online destinations
Frieze Appoints Frank Lasry as Chief Operating Officer
8 April 2026 • Mark Westall
Frieze has announced the appointment of Frank Lasry as its new Chief Operating Officer. Lasry brings more than two decades of international leadership… Read More
Phillips to Stage Duchamp & Company Auction Celebrating the Artist’s Enduring Influence
2 April 2026 • Mark Westall
Phillips presents Duchamp & Company, a major New York auction exploring Marcel Duchamp’s legacy through over 100 works and influential artists.
Opera Gallery Opens New Houston Space, Expanding Global Footprint
25 March 2026 • Mark Westall
Situated in the city’s River Oaks District, the gallery launched on 20th March 2026 with an inaugural presentation
Sarah Sze and Elizabeth Peyton: Two remarkable auction successes
19 September 2025 • Guest
At first glance, Sarah Sze and Elizabeth Peyton appear to be polar opposites.
The Top 3 Japanese ultra-contemporary artists
1 July 2025 • Guest
On the international art market, the young Japanese art scene is currently brighter than it has been for a long while
Has Contemporary Art Sold Out To The Market?
12 July 2016 • Tabish Khan
A lively and good humoured debate, with a shock result
Daniel’s Value and Ideas #81: Top Doig
7 August 2015 • daniel barnes
Artnet has published its list of the top ten most expensive living British artists at auction for 2015. The list betrays a gentle change in the current of British art,
Daniel’s Value and Ideas #79: Baselitz, the Loan Ranger
24 July 2015 • daniel barnes
Georg Baselitz has demanded the removal of all his loaned works from German museums in protest against regulations regarding the export of artworks.
Daniel’s Value and Ideas #66: Experience Matters
24 April 2015 • daniel barnes
Tabish Khan wrote an insightful piece this week on how the prices of artworks are calculated. He identified two contributing factors: one, the artist’s price point at a given time, which is presumably a function of the strength of the artist’s brand; and two, the size of the artwork.
Daniel’s Value and Ideas #60: Caught Up in the Century’s Anxiety
13 March 2015 • daniel barnes
In 2014, the global art market grossed €51billion, which is a 7% increase on 2013 and the highest total ever recorded. These are the findings of Dr Clare McAndrew, who every year compiles the TEFAF Art Market report before jetting off to the one of the artworld’s most prestigious art fairs in Maastricht.
Daniel’s Value and Ideas #56: The Usual Suspects
13 February 2015 • daniel barnes
Auction week heralded the usual suspects: Richter, Hirst, Warhol, Fontanna, Boetti, Klein, Murillo, Twombly, Baselitz, Dubuffet, Basquaiat. Different works, but the same artists endlessly circulating the market.
Daniel’s Value and Ideas #55: We Need to Talk about Damien
6 February 2015 • daniel barnes
Damien Hirst sold a lot of very expensive art between 2007 and 2008. So much that he became the world’s most expensive living artist, which gave him the acumen to do whatever he liked. Next week, the seminal Pill Cabinet Lullaby, Winter is going under the hammer at Christie’s, but it has a curious history as an unfulfilled promise that had momentous effects.
Daniel’s Value and Ideas #51: The Balloon Monkey is Not What It Seems
9 January 2015 • daniel barnes
A spectre is haunting the artworld. In the foyer of Christie’s New York, at over twelve feet tall and made of painted steel, Jeff Koons’ Balloon Monkey (Orange) (2006-2013) presides over daily business.
Daniel’s Value and Ideas #50: Explaining Artworld Jargon
1 January 2015 • daniel barnes
In order to combat this, contemporary art has developed jargon that purports to explain every nuance of the artworld, but it often only deepens the mystery.
Daniel’s Value and Ideas #47: Franco, My Dear, I Don’t Give a Damn
12 December 2014 • daniel barnes
James Franco is everywhere, doing everything, all the time. He is an actor, writer, musician, English Literature student, teacher, director and world war agitator. Now, like everyone else in Hollywood, he is an artist, but one who exposes the heartbreaking sycophancy and emptiness of the artworld.
Daniel’s Value and Ideas #34: How I Learned to Stop Worrying and Love Frieze
12 September 2014 • daniel barnes
As autumn descends on London, the artworld is gearing up for the great tragic-comic circus of consumption and gossip that is Frieze Art Fair.
Daniel’s Value and Ideas #27: The Real Value of an Idea in the Mind of Someone Living
25 July 2014 • daniel barnes
Damien Hirst has commanded the destruction of an early Spot Painting……
Daniel’s Value and Ideas #24: We’re Paying with the Love Tonight
4 July 2014 • daniel barnes
The saleroom was electric. Not like it’s got a family full of eccentrics, but like important things were about to happen.
Daniel’s Value and Ideas #21: Everything You Steal Will Turn to Ash
13 June 2014 • daniel barnes
This immanent and inevitable catastrophe is a lesson in how the unchecked might of the market renders impotent the museums whose mandate is to preserve our rich cultural history.
