<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet href="/stylesheet.xsl" type="text/xsl"?>
<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:podcast="https://podcastindex.org/namespace/1.0">
  <channel>
    <atom:link rel="self" type="application/rss+xml" href="https://feeds.transistor.fm/art-market-global-fine-art-trends-auction-data-and-market-insights" title="MP3 Audio"/>
    <atom:link rel="hub" href="https://pubsubhubbub.appspot.com/"/>
    <podcast:podping usesPodping="true"/>
    <title>Art Market — Global Fine Art Trends, Auction Data, Market Insights</title>
    <generator>Transistor (https://transistor.fm)</generator>
    <itunes:new-feed-url>https://feeds.transistor.fm/art-market-global-fine-art-trends-auction-data-and-market-insights</itunes:new-feed-url>
    <description>Art Market is a weekly look at global fine art trends, auction results, and institutional developments. Every Tuesday, host Sharon Obuobi covers the data behind the headlines — sale totals, sell-through rates, artist records, museum acquisitions, and gallery news — within the context of the broader economy and discretionary spending. Backed by proprietary data from ALT/FNDATA. Learn more about us at www.altfndata.com</description>
    <copyright>Copyright Oarbt Inc.</copyright>
    <podcast:guid>cda2781e-a82a-5d58-9d1f-0a0585592625</podcast:guid>
    <podcast:locked>yes</podcast:locked>
    <itunes:applepodcastsverify>1345ed10-620e-11f1-9aca-8f95c3745e2c</itunes:applepodcastsverify>
    <podcast:person role="Host" href="https://sharonobuobi.com" img="https://img.transistorcdn.com/1xM2eYWUPkmwlg6mq7VbLzD6vYX2lV7DCDDSgavv5a4/rs:fill:0:0:1/w:800/h:800/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84NzQ2/ZDRhZTRmM2VmNGRi/MWE0YjZmZDFkMTg4/ODVlZS5wbmc.jpg">Sharon Obuobi</podcast:person>
    <language>en</language>
    <pubDate>Mon, 15 Jun 2026 15:43:40 -0400</pubDate>
    <lastBuildDate>Mon, 15 Jun 2026 15:44:12 -0400</lastBuildDate>
    <link>https://www.altfndata.com</link>
    <image>
      <url>https://img.transistorcdn.com/_k69LFhSJh3Dvx_gByE3GrL36_EhmWAnEdOc4o3PrRQ/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jMTFm/ZmViNDEyZmY2Nzhi/N2M0OGNmZmI4ZWM2/MDhmYS5wbmc.jpg</url>
      <title>Art Market — Global Fine Art Trends, Auction Data, Market Insights</title>
      <link>https://www.altfndata.com</link>
    </image>
    <itunes:category text="Arts"/>
    <itunes:category text="Business"/>
    <itunes:type>episodic</itunes:type>
    <itunes:author>ALT/FNDATA</itunes:author>
    <itunes:image href="https://img.transistorcdn.com/_k69LFhSJh3Dvx_gByE3GrL36_EhmWAnEdOc4o3PrRQ/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jMTFm/ZmViNDEyZmY2Nzhi/N2M0OGNmZmI4ZWM2/MDhmYS5wbmc.jpg"/>
    <itunes:summary>Art Market is a weekly look at global fine art trends, auction results, and institutional developments. Every Tuesday, host Sharon Obuobi covers the data behind the headlines — sale totals, sell-through rates, artist records, museum acquisitions, and gallery news — within the context of the broader economy and discretionary spending. Backed by proprietary data from ALT/FNDATA. Learn more about us at www.altfndata.com</itunes:summary>
    <itunes:subtitle>Art Market is a weekly look at global fine art trends, auction results, and institutional developments.</itunes:subtitle>
    <itunes:keywords>fine art art market contemporary</itunes:keywords>
    <itunes:owner>
      <itunes:name>ALT/FNDATA</itunes:name>
      <itunes:email>info@altfndata.com</itunes:email>
    </itunes:owner>
    <itunes:complete>No</itunes:complete>
    <itunes:explicit>No</itunes:explicit>
    <item>
      <title>$50M Pollock Fails to Sell; Obama Center Reveals 28 Art Commissions; Mexico City's Kahlo Museum Reopens</title>
      <itunes:episode>2</itunes:episode>
      <podcast:episode>2</podcast:episode>
      <itunes:title>$50M Pollock Fails to Sell; Obama Center Reveals 28 Art Commissions; Mexico City's Kahlo Museum Reopens</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">b9daa98e-04cb-436e-8633-235903848ff1</guid>
      <link>https://share.transistor.fm/s/a205417e</link>
      <description>
        <![CDATA[<p><strong>June 9: $50M Pollock Fails to Sell; Obama Center Reveals 28 Art Commissions; Mexico City's Kahlo Museum Reopens<br></strong>A week after the spring season closed at $1.8B, a different Pollock tells a different story — one that didn't sell. This week we read the top of the market: a stalled private sale, a single-owner collection coming to Christie's, the Da Vinci archive reunited, and a busy week for museums.</p><p>In this episode:</p><p><strong>The Pollock That Didn't Sell<br></strong>- Sotheby's private sale of Pollock's "Number 19, 1951" failed to launch (June 2), per Artforum<br>- Owned by dealer Arne Glimcher; reportedly priced ~$50M; no buyer found<br>- Context: Pace Gallery cutting ~50 artists; CEO Marc Glimcher called the mega-gallery model "unfixable" (Artnet)<br>- Artnet asks whether the mega-gallery model is collapsing; Asia recalibrating, India surging<br>- Read: pressure concentrated at the top — the 8-figure trophy tier and the mega-galleries built to sell it</p><p><strong>Art at the Obama Presidential Center<br></strong>- $850M campus opens late June in Jackson Park, Chicago's South Side; designed by Tod Williams Billie Tsien Architects (Hyperallergic)<br>- Built as a community center as much as a presidential library — museum tower nicknamed the "Obamalisk," plus an NBA-regulation court, a Chicago Public Library branch, playground, and gardens<br>- 28+ commissioned contemporary works: Mark Bradford "City of the Big Shoulders" (3-story Chicago painting); Jack Pierson "HOPE" (marquee letters at entrance); Idris Khan "Sky of Hope" (text from Obama's 2015 Selma speech); Nick Cave &amp; Marie Watt tapestry; plus Carrie Mae Weems, Jenny Holzer, Theaster Gates, Lorna Simpson, Maya Lin<br>- Curatorial team: Virginia Shore, Crystal Moten, Louise Bernard<br>- Scrutiny: South Side gentrification concerns — rising rents, displacement, and whether the campus meets its community commitments</p><p><strong>A Counterpoint at Christie's<br></strong>- Christie's announces the Collection of the Hon. Patrick and Lady Amabel Lindsay — outstanding works across six specialist sales, June-October<br>- Pattern: single-owner collections with provenance still draw competitive bidding, even as the open trophy market hesitates</p><p><strong>Scholarship and the Digital Question<br></strong>- Leonardotheka platform reunites Leonardo da Vinci's "Codex Atlanticus" digitally for the first time in 400+ years (Artforum)<br>- Institutions are retaining intellectual ownership of the digital reconstruction<br>- The market angle: who controls the digital rights to cultural assets is becoming its own question</p><p><strong>Institutional News<br></strong>- Museo Dolores Olmedo, Mexico City, reopens after a six-year closure — holds the world's richest collection of Frida Kahlo and Diego Rivera works (The Art Newspaper)<br>- FotoFocus Center opens in Cincinnati, giving the city's photography biennial a permanent home (The Art Newspaper)<br>- Italian art workers announce a nationwide strike<br>- Venice Biennale: adviser Thomas Rom shares his picks from this year's edition (ARTnews)</p><p><strong>In Memoriam<br></strong>- Julio Le Parc, Franco-Argentinian father of interactive art, died in Paris on May 30 at age 97 — pioneer of kinetic and Op art; last surviving co-founder of the Groupe de Recherche d'Art Visuel (Artforum)</p><p><strong>Week Ahead<br></strong>- Sotheby's Art &amp; Design — Barbara Gladstone Collection, New York — June 9 (today)<br>- Art Basel — June 18 (press accreditation deadline window open this week)</p><p><strong>Links:<br></strong>- ALT/FNDATA: https://www.altfndata.com<br>- Pollock private sale falls apart (Artforum): https://www.artforum.com/news/private-jackson-pollock-auction-falls-apart-at-sothebys-1234751921/<br>- Christie's Lindsay Collection: https://press.christies.com/the-collection-of-the-hon-patrick-and-lady-amabel-lindsay/<br>- Da Vinci Codex Atlanticus reunited (Artforum): https://www.artforum.com/news/da-vincis-codex-atlanticus-restored-with-new-online-archive-1234751896/<br>- Museo Dolores Olmedo reopens, Mexico City (The Art Newspaper): https://www.theartnewspaper.com/2026/06/08/museo-dolores-olmedo-reopens-mexico-city-diego-rivera-frida-kahlo<br>- First look at art in the Obama Presidential Center (Hyperallergic): https://hyperallergic.com/a-first-look-at-the-art-in-the-new-obama-presidential-center/<br>- Inside Chicago's Obama Center (Hyperallergic): https://hyperallergic.com/inside-chicagos-obama-center/<br>- New FotoFocus Center, Cincinnati (The Art Newspaper): https://www.theartnewspaper.com/2026/06/08/new-photography-museum-fotofocus-center-cincinnati<br>- Thomas Rom on Venice this year (ARTnews): https://www.artnews.com/art-news/artists/thomas-rom-performance-space-new-york-venice-biennale-dia-1234788394/<br>- Julio Le Parc dies at 97 (Artforum): https://www.artforum.com/news/julio-le-parc-father-of-immersive-art-dies-at-97-1234751848/</p><p><strong>Also from ALT/FNDATA:<br></strong>- Open Bid — Mon-Fri at 6 AM ET<br>- Closing Price — Mon/Wed/Fri at 5 PM ET</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p><strong>June 9: $50M Pollock Fails to Sell; Obama Center Reveals 28 Art Commissions; Mexico City's Kahlo Museum Reopens<br></strong>A week after the spring season closed at $1.8B, a different Pollock tells a different story — one that didn't sell. This week we read the top of the market: a stalled private sale, a single-owner collection coming to Christie's, the Da Vinci archive reunited, and a busy week for museums.</p><p>In this episode:</p><p><strong>The Pollock That Didn't Sell<br></strong>- Sotheby's private sale of Pollock's "Number 19, 1951" failed to launch (June 2), per Artforum<br>- Owned by dealer Arne Glimcher; reportedly priced ~$50M; no buyer found<br>- Context: Pace Gallery cutting ~50 artists; CEO Marc Glimcher called the mega-gallery model "unfixable" (Artnet)<br>- Artnet asks whether the mega-gallery model is collapsing; Asia recalibrating, India surging<br>- Read: pressure concentrated at the top — the 8-figure trophy tier and the mega-galleries built to sell it</p><p><strong>Art at the Obama Presidential Center<br></strong>- $850M campus opens late June in Jackson Park, Chicago's South Side; designed by Tod Williams Billie Tsien Architects (Hyperallergic)<br>- Built as a community center as much as a presidential library — museum tower nicknamed the "Obamalisk," plus an NBA-regulation court, a Chicago Public Library branch, playground, and gardens<br>- 28+ commissioned contemporary works: Mark Bradford "City of the Big Shoulders" (3-story Chicago painting); Jack Pierson "HOPE" (marquee letters at entrance); Idris Khan "Sky of Hope" (text from Obama's 2015 Selma speech); Nick Cave &amp; Marie Watt tapestry; plus Carrie Mae Weems, Jenny Holzer, Theaster Gates, Lorna Simpson, Maya Lin<br>- Curatorial team: Virginia Shore, Crystal Moten, Louise Bernard<br>- Scrutiny: South Side gentrification concerns — rising rents, displacement, and whether the campus meets its community commitments</p><p><strong>A Counterpoint at Christie's<br></strong>- Christie's announces the Collection of the Hon. Patrick and Lady Amabel Lindsay — outstanding works across six specialist sales, June-October<br>- Pattern: single-owner collections with provenance still draw competitive bidding, even as the open trophy market hesitates</p><p><strong>Scholarship and the Digital Question<br></strong>- Leonardotheka platform reunites Leonardo da Vinci's "Codex Atlanticus" digitally for the first time in 400+ years (Artforum)<br>- Institutions are retaining intellectual ownership of the digital reconstruction<br>- The market angle: who controls the digital rights to cultural assets is becoming its own question</p><p><strong>Institutional News<br></strong>- Museo Dolores Olmedo, Mexico City, reopens after a six-year closure — holds the world's richest collection of Frida Kahlo and Diego Rivera works (The Art Newspaper)<br>- FotoFocus Center opens in Cincinnati, giving the city's photography biennial a permanent home (The Art Newspaper)<br>- Italian art workers announce a nationwide strike<br>- Venice Biennale: adviser Thomas Rom shares his picks from this year's edition (ARTnews)</p><p><strong>In Memoriam<br></strong>- Julio Le Parc, Franco-Argentinian father of interactive art, died in Paris on May 30 at age 97 — pioneer of kinetic and Op art; last surviving co-founder of the Groupe de Recherche d'Art Visuel (Artforum)</p><p><strong>Week Ahead<br></strong>- Sotheby's Art &amp; Design — Barbara Gladstone Collection, New York — June 9 (today)<br>- Art Basel — June 18 (press accreditation deadline window open this week)</p><p><strong>Links:<br></strong>- ALT/FNDATA: https://www.altfndata.com<br>- Pollock private sale falls apart (Artforum): https://www.artforum.com/news/private-jackson-pollock-auction-falls-apart-at-sothebys-1234751921/<br>- Christie's Lindsay Collection: https://press.christies.com/the-collection-of-the-hon-patrick-and-lady-amabel-lindsay/<br>- Da Vinci Codex Atlanticus reunited (Artforum): https://www.artforum.com/news/da-vincis-codex-atlanticus-restored-with-new-online-archive-1234751896/<br>- Museo Dolores Olmedo reopens, Mexico City (The Art Newspaper): https://www.theartnewspaper.com/2026/06/08/museo-dolores-olmedo-reopens-mexico-city-diego-rivera-frida-kahlo<br>- First look at art in the Obama Presidential Center (Hyperallergic): https://hyperallergic.com/a-first-look-at-the-art-in-the-new-obama-presidential-center/<br>- Inside Chicago's Obama Center (Hyperallergic): https://hyperallergic.com/inside-chicagos-obama-center/<br>- New FotoFocus Center, Cincinnati (The Art Newspaper): https://www.theartnewspaper.com/2026/06/08/new-photography-museum-fotofocus-center-cincinnati<br>- Thomas Rom on Venice this year (ARTnews): https://www.artnews.com/art-news/artists/thomas-rom-performance-space-new-york-venice-biennale-dia-1234788394/<br>- Julio Le Parc dies at 97 (Artforum): https://www.artforum.com/news/julio-le-parc-father-of-immersive-art-dies-at-97-1234751848/</p><p><strong>Also from ALT/FNDATA:<br></strong>- Open Bid — Mon-Fri at 6 AM ET<br>- Closing Price — Mon/Wed/Fri at 5 PM ET</p>]]>
      </content:encoded>
      <pubDate>Tue, 09 Jun 2026 18:24:26 -0400</pubDate>
      <author>ALT/FNDATA</author>
      <enclosure url="https://media.transistor.fm/a205417e/473a650e.mp3" length="8786461" type="audio/mpeg"/>
      <itunes:author>ALT/FNDATA</itunes:author>
      <itunes:duration>363</itunes:duration>
      <itunes:summary>
        <![CDATA[<p><strong>June 9: $50M Pollock Fails to Sell; Obama Center Reveals 28 Art Commissions; Mexico City's Kahlo Museum Reopens<br></strong>A week after the spring season closed at $1.8B, a different Pollock tells a different story — one that didn't sell. This week we read the top of the market: a stalled private sale, a single-owner collection coming to Christie's, the Da Vinci archive reunited, and a busy week for museums.</p><p>In this episode:</p><p><strong>The Pollock That Didn't Sell<br></strong>- Sotheby's private sale of Pollock's "Number 19, 1951" failed to launch (June 2), per Artforum<br>- Owned by dealer Arne Glimcher; reportedly priced ~$50M; no buyer found<br>- Context: Pace Gallery cutting ~50 artists; CEO Marc Glimcher called the mega-gallery model "unfixable" (Artnet)<br>- Artnet asks whether the mega-gallery model is collapsing; Asia recalibrating, India surging<br>- Read: pressure concentrated at the top — the 8-figure trophy tier and the mega-galleries built to sell it</p><p><strong>Art at the Obama Presidential Center<br></strong>- $850M campus opens late June in Jackson Park, Chicago's South Side; designed by Tod Williams Billie Tsien Architects (Hyperallergic)<br>- Built as a community center as much as a presidential library — museum tower nicknamed the "Obamalisk," plus an NBA-regulation court, a Chicago Public Library branch, playground, and gardens<br>- 28+ commissioned contemporary works: Mark Bradford "City of the Big Shoulders" (3-story Chicago painting); Jack Pierson "HOPE" (marquee letters at entrance); Idris Khan "Sky of Hope" (text from Obama's 2015 Selma speech); Nick Cave &amp; Marie Watt tapestry; plus Carrie Mae Weems, Jenny Holzer, Theaster Gates, Lorna Simpson, Maya Lin<br>- Curatorial team: Virginia Shore, Crystal Moten, Louise Bernard<br>- Scrutiny: South Side gentrification concerns — rising rents, displacement, and whether the campus meets its community commitments</p><p><strong>A Counterpoint at Christie's<br></strong>- Christie's announces the Collection of the Hon. Patrick and Lady Amabel Lindsay — outstanding works across six specialist sales, June-October<br>- Pattern: single-owner collections with provenance still draw competitive bidding, even as the open trophy market hesitates</p><p><strong>Scholarship and the Digital Question<br></strong>- Leonardotheka platform reunites Leonardo da Vinci's "Codex Atlanticus" digitally for the first time in 400+ years (Artforum)<br>- Institutions are retaining intellectual ownership of the digital reconstruction<br>- The market angle: who controls the digital rights to cultural assets is becoming its own question</p><p><strong>Institutional News<br></strong>- Museo Dolores Olmedo, Mexico City, reopens after a six-year closure — holds the world's richest collection of Frida Kahlo and Diego Rivera works (The Art Newspaper)<br>- FotoFocus Center opens in Cincinnati, giving the city's photography biennial a permanent home (The Art Newspaper)<br>- Italian art workers announce a nationwide strike<br>- Venice Biennale: adviser Thomas Rom shares his picks from this year's edition (ARTnews)</p><p><strong>In Memoriam<br></strong>- Julio Le Parc, Franco-Argentinian father of interactive art, died in Paris on May 30 at age 97 — pioneer of kinetic and Op art; last surviving co-founder of the Groupe de Recherche d'Art Visuel (Artforum)</p><p><strong>Week Ahead<br></strong>- Sotheby's Art &amp; Design — Barbara Gladstone Collection, New York — June 9 (today)<br>- Art Basel — June 18 (press accreditation deadline window open this week)</p><p><strong>Links:<br></strong>- ALT/FNDATA: https://www.altfndata.com<br>- Pollock private sale falls apart (Artforum): https://www.artforum.com/news/private-jackson-pollock-auction-falls-apart-at-sothebys-1234751921/<br>- Christie's Lindsay Collection: https://press.christies.com/the-collection-of-the-hon-patrick-and-lady-amabel-lindsay/<br>- Da Vinci Codex Atlanticus reunited (Artforum): https://www.artforum.com/news/da-vincis-codex-atlanticus-restored-with-new-online-archive-1234751896/<br>- Museo Dolores Olmedo reopens, Mexico City (The Art Newspaper): https://www.theartnewspaper.com/2026/06/08/museo-dolores-olmedo-reopens-mexico-city-diego-rivera-frida-kahlo<br>- First look at art in the Obama Presidential Center (Hyperallergic): https://hyperallergic.com/a-first-look-at-the-art-in-the-new-obama-presidential-center/<br>- Inside Chicago's Obama Center (Hyperallergic): https://hyperallergic.com/inside-chicagos-obama-center/<br>- New FotoFocus Center, Cincinnati (The Art Newspaper): https://www.theartnewspaper.com/2026/06/08/new-photography-museum-fotofocus-center-cincinnati<br>- Thomas Rom on Venice this year (ARTnews): https://www.artnews.com/art-news/artists/thomas-rom-performance-space-new-york-venice-biennale-dia-1234788394/<br>- Julio Le Parc dies at 97 (Artforum): https://www.artforum.com/news/julio-le-parc-father-of-immersive-art-dies-at-97-1234751848/</p><p><strong>Also from ALT/FNDATA:<br></strong>- Open Bid — Mon-Fri at 6 AM ET<br>- Closing Price — Mon/Wed/Fri at 5 PM ET</p>]]>
      </itunes:summary>
      <itunes:keywords>fine art art market contemporary</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://sharonobuobi.com" img="https://img.transistorcdn.com/1xM2eYWUPkmwlg6mq7VbLzD6vYX2lV7DCDDSgavv5a4/rs:fill:0:0:1/w:800/h:800/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84NzQ2/ZDRhZTRmM2VmNGRi/MWE0YjZmZDFkMTg4/ODVlZS5wbmc.jpg">Sharon Obuobi</podcast:person>
      <podcast:transcript url="https://share.transistor.fm/s/a205417e/transcript.txt" type="text/plain"/>
    </item>
    <item>
      <title>Spring Art Sales Close at $1.8B; Digital Art Ranks Third in Global Spending</title>
      <itunes:episode>1</itunes:episode>
      <podcast:episode>1</podcast:episode>
      <itunes:title>Spring Art Sales Close at $1.8B; Digital Art Ranks Third in Global Spending</itunes:title>
      <itunes:episodeType>full</itunes:episodeType>
      <guid isPermaLink="false">b0683d8d-43c6-449c-b695-709a72288095</guid>
      <link>https://share.transistor.fm/s/70ab6d35</link>
      <description>
        <![CDATA[<p><strong>June 2: Spring Sales Close at $1.8B; Digital Art Ranks Third in Global Spending<br></strong>============================================================<br>The spring auction season has concluded with the strongest results since 2022.</p><p>In this episode:</p><p><strong>Spring Season Results<br></strong>- Combined May spring sales (Christie's, Sotheby's, Phillips): $1.8B<br>- Christie's: $1.1B evening session; Pollock "Number 7A, 1948" at $181M<br>- Sotheby's: $909M; Rothko "Brown and Blacks in Red" (Mnuchin collection) at $85.8M<br>- Phillips: $115M, more than double 2025 total<br>- Sotheby's High Jewelry: $31.4M, 95% sell-through<br>- Sotheby's Magnificent Jewels June 9: 73.11-carat Fancy Vivid Yellow diamond by Glenn Spiro</p><p><strong>2025 in Review<br></strong>- Global sales at Christie's, Sotheby's, Phillips: $4.55B in 2025, up 11.1% from 2024<br>- First growth year since 2022<br>- 53% of lots sold above pre-sale estimates in 2025 vs 48% in 2024</p><p><strong>Structural Shifts<br></strong>- Digital art ranks third in total spending after painting and sculpture (Art Basel 2026 report)<br>- 51% of high-net-worth respondents purchased a digital artwork in 2024 or 2025<br>- Private sales gaining market share over auction</p><p><strong>Macro Context<br></strong>- Bain &amp; Co: Chinese luxury spending projected +6% in 2026, reversing -5% in 2025<br>- Chinese buyers account for more than 25% of annual global luxury sales<br>- Structural shift toward luxury experiences (hospitality, cruises, dining) and away from traditional goods</p><p><strong>Institutional News<br></strong>- Hilde Lynn Helphenstein (Jerry Gogosian) has died at age 40 in Sao Paulo<br>- Dawn Airey named new chair of Arts Council England, replacing Nicholas Serota on August 1<br>- Crystal Bridges Museum of American Art completes major expansion, adding 50% more space<br>- Centre Pompidou Hanwha opens in Seoul on June 4<br>- John Armleder receives carte blanche at Musee d'Art et d'Histoire, Geneva<br>- Elsewhere art fair launches in Philadelphia with 26 exhibitors at the Yowie Hotel</p><p><strong>Links:<br></strong>- Altfndata: https://www.altfndata.com<br>- BofA Art Market Spring 2026 Report: https://www.pbig.ml.com/articles/art-market-spring-update.html<br>- Art Basel 2026 Market Trends: https://www.artbasel.com/stories/art-market-trends-watch-2026-experience-digital-middle-east-private-sales<br>- Hilde Lynn Helphenstein: https://www.theartnewspaper.com/2026/06/02/artist-and-satirist-hilde-lynn-helphenstein-has-died-at-age-40-in-sao-paulo-local-media-reports<br>- Dawn Airey, Arts Council England: https://www.theartnewspaper.com/2026/06/02/dawn-airey-announced-new-chair-arts-council-england<br>- Crystal Bridges expansion: https://www.theartnewspaper.com/2026/06/01/crystal-bridges-opens-expansion-art-bridges-wellness-programme</p><p><strong>Also from ALT/FNDATA:<br></strong>- Open Bid — Mon-Fri at 6 AM ET<br>- Closing Price — Mon-Fri at 5 PM ET</p>]]>
      </description>
      <content:encoded>
        <![CDATA[<p><strong>June 2: Spring Sales Close at $1.8B; Digital Art Ranks Third in Global Spending<br></strong>============================================================<br>The spring auction season has concluded with the strongest results since 2022.</p><p>In this episode:</p><p><strong>Spring Season Results<br></strong>- Combined May spring sales (Christie's, Sotheby's, Phillips): $1.8B<br>- Christie's: $1.1B evening session; Pollock "Number 7A, 1948" at $181M<br>- Sotheby's: $909M; Rothko "Brown and Blacks in Red" (Mnuchin collection) at $85.8M<br>- Phillips: $115M, more than double 2025 total<br>- Sotheby's High Jewelry: $31.4M, 95% sell-through<br>- Sotheby's Magnificent Jewels June 9: 73.11-carat Fancy Vivid Yellow diamond by Glenn Spiro</p><p><strong>2025 in Review<br></strong>- Global sales at Christie's, Sotheby's, Phillips: $4.55B in 2025, up 11.1% from 2024<br>- First growth year since 2022<br>- 53% of lots sold above pre-sale estimates in 2025 vs 48% in 2024</p><p><strong>Structural Shifts<br></strong>- Digital art ranks third in total spending after painting and sculpture (Art Basel 2026 report)<br>- 51% of high-net-worth respondents purchased a digital artwork in 2024 or 2025<br>- Private sales gaining market share over auction</p><p><strong>Macro Context<br></strong>- Bain &amp; Co: Chinese luxury spending projected +6% in 2026, reversing -5% in 2025<br>- Chinese buyers account for more than 25% of annual global luxury sales<br>- Structural shift toward luxury experiences (hospitality, cruises, dining) and away from traditional goods</p><p><strong>Institutional News<br></strong>- Hilde Lynn Helphenstein (Jerry Gogosian) has died at age 40 in Sao Paulo<br>- Dawn Airey named new chair of Arts Council England, replacing Nicholas Serota on August 1<br>- Crystal Bridges Museum of American Art completes major expansion, adding 50% more space<br>- Centre Pompidou Hanwha opens in Seoul on June 4<br>- John Armleder receives carte blanche at Musee d'Art et d'Histoire, Geneva<br>- Elsewhere art fair launches in Philadelphia with 26 exhibitors at the Yowie Hotel</p><p><strong>Links:<br></strong>- Altfndata: https://www.altfndata.com<br>- BofA Art Market Spring 2026 Report: https://www.pbig.ml.com/articles/art-market-spring-update.html<br>- Art Basel 2026 Market Trends: https://www.artbasel.com/stories/art-market-trends-watch-2026-experience-digital-middle-east-private-sales<br>- Hilde Lynn Helphenstein: https://www.theartnewspaper.com/2026/06/02/artist-and-satirist-hilde-lynn-helphenstein-has-died-at-age-40-in-sao-paulo-local-media-reports<br>- Dawn Airey, Arts Council England: https://www.theartnewspaper.com/2026/06/02/dawn-airey-announced-new-chair-arts-council-england<br>- Crystal Bridges expansion: https://www.theartnewspaper.com/2026/06/01/crystal-bridges-opens-expansion-art-bridges-wellness-programme</p><p><strong>Also from ALT/FNDATA:<br></strong>- Open Bid — Mon-Fri at 6 AM ET<br>- Closing Price — Mon-Fri at 5 PM ET</p>]]>
      </content:encoded>
      <pubDate>Wed, 03 Jun 2026 18:42:13 -0400</pubDate>
      <author>ALT/FNDATA</author>
      <enclosure url="https://media.transistor.fm/70ab6d35/880c898c.mp3" length="7585637" type="audio/mpeg"/>
      <itunes:author>ALT/FNDATA</itunes:author>
      <itunes:duration>315</itunes:duration>
      <itunes:summary>
        <![CDATA[<p><strong>June 2: Spring Sales Close at $1.8B; Digital Art Ranks Third in Global Spending<br></strong>============================================================<br>The spring auction season has concluded with the strongest results since 2022.</p><p>In this episode:</p><p><strong>Spring Season Results<br></strong>- Combined May spring sales (Christie's, Sotheby's, Phillips): $1.8B<br>- Christie's: $1.1B evening session; Pollock "Number 7A, 1948" at $181M<br>- Sotheby's: $909M; Rothko "Brown and Blacks in Red" (Mnuchin collection) at $85.8M<br>- Phillips: $115M, more than double 2025 total<br>- Sotheby's High Jewelry: $31.4M, 95% sell-through<br>- Sotheby's Magnificent Jewels June 9: 73.11-carat Fancy Vivid Yellow diamond by Glenn Spiro</p><p><strong>2025 in Review<br></strong>- Global sales at Christie's, Sotheby's, Phillips: $4.55B in 2025, up 11.1% from 2024<br>- First growth year since 2022<br>- 53% of lots sold above pre-sale estimates in 2025 vs 48% in 2024</p><p><strong>Structural Shifts<br></strong>- Digital art ranks third in total spending after painting and sculpture (Art Basel 2026 report)<br>- 51% of high-net-worth respondents purchased a digital artwork in 2024 or 2025<br>- Private sales gaining market share over auction</p><p><strong>Macro Context<br></strong>- Bain &amp; Co: Chinese luxury spending projected +6% in 2026, reversing -5% in 2025<br>- Chinese buyers account for more than 25% of annual global luxury sales<br>- Structural shift toward luxury experiences (hospitality, cruises, dining) and away from traditional goods</p><p><strong>Institutional News<br></strong>- Hilde Lynn Helphenstein (Jerry Gogosian) has died at age 40 in Sao Paulo<br>- Dawn Airey named new chair of Arts Council England, replacing Nicholas Serota on August 1<br>- Crystal Bridges Museum of American Art completes major expansion, adding 50% more space<br>- Centre Pompidou Hanwha opens in Seoul on June 4<br>- John Armleder receives carte blanche at Musee d'Art et d'Histoire, Geneva<br>- Elsewhere art fair launches in Philadelphia with 26 exhibitors at the Yowie Hotel</p><p><strong>Links:<br></strong>- Altfndata: https://www.altfndata.com<br>- BofA Art Market Spring 2026 Report: https://www.pbig.ml.com/articles/art-market-spring-update.html<br>- Art Basel 2026 Market Trends: https://www.artbasel.com/stories/art-market-trends-watch-2026-experience-digital-middle-east-private-sales<br>- Hilde Lynn Helphenstein: https://www.theartnewspaper.com/2026/06/02/artist-and-satirist-hilde-lynn-helphenstein-has-died-at-age-40-in-sao-paulo-local-media-reports<br>- Dawn Airey, Arts Council England: https://www.theartnewspaper.com/2026/06/02/dawn-airey-announced-new-chair-arts-council-england<br>- Crystal Bridges expansion: https://www.theartnewspaper.com/2026/06/01/crystal-bridges-opens-expansion-art-bridges-wellness-programme</p><p><strong>Also from ALT/FNDATA:<br></strong>- Open Bid — Mon-Fri at 6 AM ET<br>- Closing Price — Mon-Fri at 5 PM ET</p>]]>
      </itunes:summary>
      <itunes:keywords>fine art art market contemporary</itunes:keywords>
      <itunes:explicit>No</itunes:explicit>
      <podcast:person role="Host" href="https://sharonobuobi.com" img="https://img.transistorcdn.com/1xM2eYWUPkmwlg6mq7VbLzD6vYX2lV7DCDDSgavv5a4/rs:fill:0:0:1/w:800/h:800/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84NzQ2/ZDRhZTRmM2VmNGRi/MWE0YjZmZDFkMTg4/ODVlZS5wbmc.jpg">Sharon Obuobi</podcast:person>
      <podcast:transcript url="https://share.transistor.fm/s/70ab6d35/transcript.txt" type="text/plain"/>
    </item>
  </channel>
</rss>
