The Round-Up: 2025’s Highs, Lows, and WTFs

11 Dec 2025 · 49 min · 22 chapters

Ask about this episode

Ask anything about it. ChatGPT or Claude reads this page and answers with the times it was said.

Connect VO and ask about every podcast you hear, including the moments you saved. Add to ChatGPT · Add to Claude

In short

End-of-year roundup of 2025’s art world highs, lows, and “WTFs,” covering the art market (as Art Basel ends), art trends/aesthetics (“red chip art”), politics’ impact on museums and institutions, and major institutional openings.

Guests

Kate Brown (host, Artnet News). Ben Davis (art critic, co-host). Andrew Russeth (Artnet News pro editor; returns as guest).

Key claims

The art market is “topsy-turvy”: big auction wins (e.g., Klimt at $236M) coexist with gallery closures and weaker younger-artist representation. A possible “corner turned” is unproven; Q1 2026 is a test. Taste is bifurcating: museums emphasize social-justice themes while markets chase “red chip art” (Banksy, Beeple). Politics is reshaping institutions (DEI attacks; Venice Biennale sponsor controversy; museum funding cuts).

Notable examples

Frick expansion by Annabelle Selldorf; Mauricio Catalan “Golden Toilet” (melt-value headlines; buyer revealed as Ripley’s); Anna Imhoff “doom boom”; Jordan Wolfson VR work; Alma Allen named for Venice Biennale; American Arts Conservancy investigation; Richard Prince deposition video; Nazi-looted painting spotted in Argentina real-estate listing; Spironi Westwater lawsuit fallout.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

Year-End Roundup Introduction

0:21 to 1:09

Overview of the episode's theme focusing on the past year's highlights in art.

“I'm Kate Brown, and this is The Art Angle, a podcast from Artnet News.”

Art Market Overview

1:09 to 3:48

Discussion on the recent trends and events in the art market, including Art Basel.

“Let's turn to the art market since we are just recording this as Art Basel comes to a close, which is sort of the final market moment of the year.”

K-Shaped Recovery and Market Dynamics

3:48 to 4:50

Examining the K-shaped recovery in the art market and its implications.

“You know, I feel like when we talked about the fairs in London, that was a theme that they were trying to focus on, you know, new energy.”

Generational Shifts in Collectors

4:50 to 6:16

Exploration of the changing tastes among art collectors and the role of digital art.

“I mean, to repeat the thing that always gets repeated, it's a shadowy, opaque market.”

The Impact of Emerging Artists

6:16 to 7:49

Discussion on the challenges faced by emerging artists in the current market landscape.

“I mean, it was sort of throw everything, including the kitchen sink, at the wall and see what will sell.”

Maurizio Cattelan's Golden Toilet Controversy

7:49 to 12:50

Analysis of the cultural implications surrounding Cattelan's golden toilet artwork.

“So it's like really heavily weighted towards the top.”

Trends in Art: Red Chip vs. Blue Chip

12:50 to 14:01

Introduction to the concept of red chip art as opposed to traditional blue chip art.

“I was sitting at home watching that auction via video as Katya was on the scene.”

The Emergence of Red Chip Art

14:01 to 18:06

Learn about the characteristics and implications of red chip art in the contemporary art market.

“But also the art that brings you status and prestige, that positions you as a person of taste.”

Museum Trends and Artist Highlights

18:06 to 22:24

Discover the evolving landscape of museum exhibitions and notable artists shaping the current art scene.

“And yeah, you see down in Art Basel this sense of, gosh, how much do we want to interact with this world?”

Cultural Reflections in Art

22:24 to 25:05

Explore how contemporary art reflects societal uncertainties and cultural dynamics in America.

“Do you guys want to touch on on that quickly before we move on?”
Show all 22 chapters

The Influence of Politics on Art

25:05 to 28:00

Examine the intersection of politics and art in the current landscape and the implications of recent events.

“I also want to pivot to kate and just say if we have time I feel like we would be remiss to not Touch on jordan wolfson's piece.”

Alma Allen's Venice Biennale Commission

28:00 to 29:16

Discussion about Alma Allen receiving the Venice Biennale commission and the implications behind it.

“I think he says the museums throughout Washington, but all over the country are essentially the last remaining segment of woke.”

The American Arts Conservancy Investigation

29:16 to 31:00

Insights into the American Arts Conservancy's questionable background and operations.

“You know, this is a once in a lifetime opportunity.”

Political Climate's Impact on Art

31:00 to 32:54

Exploration of how current political dynamics affect the art world and institutions.

“experience was in the pet food industry.”

Museum Openings and Transitions

32:54 to 36:11

Discussion of recent museum openings and their significance amidst current challenges.

“I mean, they're begging for money on the American Arts Conservancy website.”

Emerging Art Scenes in Central Asia and the Middle East

36:11 to 40:06

Overview of the growing art scenes in Central Asia and the Middle East, including major biennials.

“But, I mean, there have been, yeah, some really significant new institutions.”

Future of Institutions and New Art Spaces

40:06 to 42:01

Looking ahead to new institutions and their potential to reshape the art landscape.

“And then, yeah, the Middle East, of course, huge, huge story spilling into next year.”

Exploring New Aesthetic Trends

42:01 to 42:25

Discover how museums are adapting to attract new audiences post-pandemic.

“that looks to kind of change the aesthetic vibe in this more present or future-focused tech orientation.”

Richard Prince's Unique Deposition

42:26 to 44:46

Discuss Richard Prince's deposition video artwork and its implications.

“We've talked about a lot, but what were those other stories that you think we missed that we cannot miss mentioning?”

The Nazi-Looted Painting Incident

44:47 to 45:40

Learn about the bizarre story of a looted painting found in Argentina.

“Yeah, that's, again, something only Andrew Russeth would say.”

Lawsuits in the Art World

45:41 to 46:45

Examine the increase in lawsuits within the contemporary art market.

“The only thing I would mention is this was a great year for lawsuits.”

Reflections on Uncertainty and Optimism

46:46 to 47:28

Consider the uncertain yet optimistic future of the art scene.

“And so you see people being a little bit more candid or aggressive in legal documents.”
Hear the part that matters, and keep it.Open this episode in VO. Double tap your headphones to save a moment as you listen.
Get VO free

Transcript

Automatic transcript. May contain errors.

0:02Andrew Russeth:The Frick expansion by Annabelle Selldorf is fantastic. There's a great new restaurant there. Just immaculate, beautiful. I mean, it's such an Andrew Russeth. The most important thing is that you can get a nice slice of cake. No, I mean, they just poured money into this thing.

0:21Kate Brown:I'm Kate Brown, and this is The Art Angle, a podcast from Artnet News.

0:29Kate Brown:it's that time of year again the time where everything comes to a close and as such we are doing our special edition of the roundup taking a look back at the last 12 months i'm joined by none other than ben davis art critic and co-host hey ben hello kate and we're glad to have andrew russeth back with us this year pro editor at art net hey andrew hey kate thanks for having me. Back again, Andrew, for the end of the year. Thrilled. Yeah, let's get right into it. We have a few zones of interest, and it's been an eventful year. So we're going to look at what's been going on in the art market, in the realm of art trends and aesthetics, what's been happening with politics, of which there is a lot, and what's been going on at institutions.

1:09Kate Brown:Let's turn to the art market since we are just recording this as Art Basel comes to a close, which is sort of the final market moment of the year. Andrew, do you want to kick us off and give an executive summary of what has been going on?

1:21Andrew Russeth:Yeah, it's remarkable to be talking right now as Basel winds down because it has been a topsy-turvy wild year in the art market. We have seen dozens of galleries close from established shops like Spironi Westwater to younger ones like Clearing and High Art. We had May sales in New York where a Giacometti priced at an ambitious$70 million flopped to last month in New York when a Klimt sold for$236 million,$2.2 billion of art sold. And suddenly there was new steam in the market. In October, the fares in London and Paris were very strong. Initial reports out of Basel are pretty good. And so to summarize, we've had three years of contraction in the art market, and there is this final hope now that maybe a corner has been turned.

2:20Andrew Russeth:Maybe there's a little bit of energy happening across all levels. But, you know, it's too soon to say. We have the first quarter of 2026 coming up, and that's historically a quiet moment, and we'll have to see how people do. Right.

2:35Kate Brown:Yeah, there was a lot of fear heading into the fair week about whether the primary market was going to benefit off of these auctions. Right, Andrew?

2:44Andrew Russeth:Exactly. The big buzzword, the idea of the K-shaped recovery that perhaps some of these big galleries are doing well. They're recovering nicely. Some of the smaller ones may be struggling. In the run up to Miami Basel, we saw many, many dealers who have done it for a long time decide to pull out. Of course, if you do that, you still have to pay a good chunk of the fee, but you're potentially not on the hook to lose money down there. And so galleries like Miguel LeBru, Chantel Crousel decided not to do it. That at least did bring in a kind of younger wave of galleries who would not necessarily have the opportunity to do it.

3:21Andrew Russeth:So, I mean, that's been one of my takeaways for the year is real struggles. It's sad to see galleries close for artists to lose representation. But there are a whole number of galleries waiting in the wings. And even this year in New York, we've had some interesting galleries open up, interesting galleries expand. And so it feels like a moment when the market is in transition and maybe has some new energy behind it. That's interesting. You know, I feel like when we talked about the fairs in London, that was a theme that they were trying to focus on, you know, new energy. That maybe London, maybe that could be the story coming out of that.

4:03And I guess that's what you're saying about Miami. That maybe, yeah, there was a story in the run-up to it. Things are so bad. They're worse than they're telling you. a lot of galleries not going, but then maybe that opened up space for new people doing stuff to come in. I don't know if I believe that. I don't know if I believe, I mean, I just say, I was thinking in the lead up to this, that, you know, the art market has a problem of the case of the boy who cried, the wolf is gone. I feel like we're always talking about the recovery. And I've said that before, but I was suddenly wondering if maybe that itself isn't part of the problem, you know, that Like people have trouble believing the narrative of the comeback just because it's always a narrative of a comeback.

4:47I mean, I just was wondering if that was part of the story itself.

4:50Andrew Russeth:Right. I think it's tough. I mean, to repeat the thing that always gets repeated, it's a shadowy, opaque market. And so I think at the end of the day, the only proof we'll have is come January, come February, come March, our gallery is opening their doors. And I share your skepticism to some degree. I mean, we just don't know. But I do think the silver lining in all this is you can just look at the exhibitor list and say, oh, gosh, a whole new chunk of galleries got a chance to show at the convention center in Miami. That's great. I mean, my complaint with the fairs is always there's not enough churn.

5:20Andrew Russeth:You go and you see the same dealers over and over again, bringing largely similar groups of artists. And here was a chance to get some fresh blood in the door. And I think you see it in New York as well, where galleries have closed. I mean, real losses, having people like Clearing Close, Tilton Gallery, a long-established one. People really depended on these galleries to boost careers to show young artists. But then we have a new tranche coming in.

5:45Kate Brown:Do you think that that new cohort will appeal to a new generation of buyers? Because there's also a generational shift in collectors happening as well, right? New taste in the market, as you guys covered in the intelligence report.

5:56Andrew Russeth:Well, this is the really big question that everyone is trying to crack. I mean, you see the auction houses saying we're going to sell Birkin bags. We're going to sell Jordans. Triceratops. Absolutely. You went to Phillips in New York last month and it was like a natural history museum. There were fossils. There were Basquiat paintings. I mean, it was sort of throw everything, including the kitchen sink, at the wall and see what will sell. The cabinet of curiosities is trending. The cabinet of curiosities. There was a missed opportunity at like the golden toilet joke there. I mean, truly trying to do anything to bring in young people.

6:32Andrew Russeth:That's just the question. We don't know. I mean, Katia's reporting is really interesting on this, where she talked to some veteran dealers who said even established names like Picasso, Warhol, for a younger generation, they maybe are losing their luster a little bit. Like the appeal of owning a painting of a socialite in the Warhol circle becomes a little less interesting over time. And so you do see now, to bring it back to Miami, Basel, they're betting really big on digital art, which is this sort of funny redux where it seems like every few years that kind of becomes a real hope that this will draw in new buyers.

7:04Andrew Russeth:But I will say Eileen Kinsella, my colleague who's been down there with Katia, said there was really a lot of energy around this new 010 sector, which is devoted to digital art in Miami Basel. And I think we'll talk a little bit more about that in the art trends, but I just want to push back on that narrative a little bit because I was looking over some of the reporting on the auctions and thinking about this K-shaped economy idea that the lines go in two directions, like the top goes up and everybody else goes down. And look, this Klimt selling was big news. Portrait of Elizabeth Lederer sold for$236.4 million, but that's 10 % just in one painting of the$2.2 billion in this week of auctions.

7:50So it's like really heavily weighted towards the top. And then I was looking at something in the New York Times where they were saying, I'll quote their coverage, in November 2024, that's the last year, Christie's, Sotheby's, and Phillips featured 16 ultra-contemporary artists in their marquee New York evening auction. So that's artists, a term Artnet coined, actually, artists born 1975 or after. And then last week, that is during the sales we're talking about, they offered nine. So the number of younger artists, we're talking artists under 50, decreased. It's a really confusing time in the economy in general, in the art market economy specifically.

8:32And whether there's like new blood coming in or a consolidation of the old blood is really confusing.

8:38Andrew Russeth:No, I think those are essential points you raise. And that's the tough thing that, you know, you can look back a few years when there were record numbers and people can say, oh, gosh, you know, the Paul Allen sale came up and that represented a massively disproportionate percentage of the totals in that year. You know, it's a perceptions game is the first thing I would say. It's just having some big numbers, I think, is good for everyone just in terms of bringing some energy in. And, you know, someone like Jeffrey Deitch, he talked to my colleague Katia for her art detective column. I mean, this is a real connoisseur of the market and a real connoisseur of showmanship around the market.

9:14Andrew Russeth:And he was ecstatic about the way Sotheby's handled that sale. Every lot sold. I mean, they pulled three lots before one of the sales began, but effectively every lot sold. You can look at the totals across the board at the houses. They were all up over the previous year. I mean, yes, down from some tremendous highs, which is to say you can kind of cut data in different ways. The ultra contemporary fact is a really interesting one because, yes, you are absolutely not showing up at auction and successfully flipping your hot painter from a couple of years ago. Some people would say that's good. Yeah.

9:49Andrew Russeth:It's tough for those artists. It's in some ways it's tough for collectors who bought at the high. I'm sort of of the philosophy it's like not great for work to be selling at that crazy level, which is really volatile. So maybe it's a return to sanity. You know, at the end of the day, I think only a couple thousand works trade hands at the three big houses in these marquee sales. It's one set of data points in a larger story that will unfold.

10:14Kate Brown:I agree. And on this note of emerging artists, I think that the two works that stood out from the auctions were the Jadet-Fatajumi flop, right, Andrew, which didn't sell at Phillips. And then there was this painting by Emily May Smith, which had a drop of 88%. And these are two artists who were part of this speculative rush that you were just talking about. Of course, it's difficult to think about the money lost and what that means for their careers. But I do think that, you know, we were talking before as we were preparing for the show that we're in this strange transition time right now, where a lot is still to be determined about like what kind of new world or new industry is emerging.

10:50Kate Brown:But one thing to be sure is that this idea that an artist can be on the scene for like four years and then become like a superstar is not going to be there anymore. And I actually think that that's a good thing. I think artists need more time stewing before they become massive stars. Do you guys agree? Yeah. I mean, well, yeah, I think it's complicated. I mean, I think in general, just a more equal art market would make everyone happier if there was less concentrated in the top. although you know the flipping stuff brings in a lot of attention and and news coverage it's really not good for young artists and the fall is as hard as the rise can i just say though i think the artwork of the recent art market cycle that symbolizes what a weird moment it is is one you mentioned, but is worth underlining, Andrew, is the Mauricio Catalan golden toilet, America.

11:48I mean, I think it has everything in this story. The politics of it are so weird and unreadable. It's simultaneously a work of conceptual art by a storied artist with a lot of provenance and a total joke internet meme artwork. And it sold for$12.1 million, made a bunch of headlines, But then everybody talks about the melt value of it. Meaning, you know, like$12.1 million is actually just the price of the gold that makes up the toilet. So like the fact that it was an artwork offered exactly no premium on this thing. And then finally, everyone was speculating like who bought this? You know, was it Elon Musk?

12:29Maybe they said a storied American brand. And then it turned out to be Ripley's Believe It or Not. And it's like, I would argue, a terrible placement. I mean, it's just like, this is enshrining it not as an important work of conceptual art, if you want to frame it that way, but as a joke. It's so wild. So, yeah, I just, I think that that.

12:51Andrew Russeth:No, you're right. It has it all. So much, it encapsulates so much. It has it all. And it was such a sadness. I was sitting at home watching that auction via video as Katya was on the scene. And there was a real hope this thing was going to fly. And Sotheby's had made this tracker for the price of gold. And as you said, I mean, it sold on, I believe it was one bid. And then you look, it sold for twice the price of the banana, you know, essentially a worthless thing that went to a crypto billionaire. And so it really indicative of kind of the moment, the hype, and yet just the utter fatigue, sadness.

13:27Kate Brown:Isn't it wild that though, two years in a row, Maurizio Catalan is just dominating the headlines. I don't know what that says about our current moment. Well, I think that what it says is something about the trends and aesthetics that rule the moment. So maybe that's our cue to turn to the next section, which I was going to introduce on trends. Go for it, yeah. It's just a very organic lead-in in the sense that I think indisputably the term that captures what the feeling of the year is the idea popularized by our colleague Annie Armstrong of red chip art. We did a whole podcast on this that people can listen to, but the idea being there's blue chip art, which is the storied, art historically validated, investment grade art, if that's how you choose to think about collecting art.

14:18But also the art that brings you status and prestige, that positions you as a person of taste. And then there's red chip art, which is none of that, which is art that is sort of flamboyantly present centered. And I'll just read what Annie had to say about it. Red chip art is defined by its refusal to revere art history, perhaps as a part of a broader rejection of elite specialized knowledge. So we're talking Banksy. Banksy. We're talking Beeple, the digital artist who was basically the star attraction of the Miami Art Fairs in this new digital art section that you mentioned, Andrew. Even though he's not doing digital art, he's actually, I think, smartly pivoted to robots and made some robotic dogs with like celebrity heads, including his own, that were selling for...

15:08Kate Brown:$100 ,000. A dog. Sold out at$100 ,000 a dog. Expensive breed. I think there's not one thing going on, but one thing that is going on is this conversation about the collapse of taste. I do think this is the year when I really felt the sense of society getting dumber weighing in on me really heavily. It seems, though, it's a continuation of something that I think our reporting brought up a few years ago, Ben, where there's this bifurcation of taste, where there's this museum and institutional world and what they're propagating. But I think what's changed is that on the other side, on the market side, that it's no longer just figurative painters, but it's this whole new hype scene.

15:54Yeah, well, look, I do this list of the museum artists that involves me combing through hundreds of museums, programming every quarter, and figuring out which artists are showing in the most places. So I can tell you what's going on in the museums, and it's more or less a continuation of a focus on social justice themes that ruled the art scene for the last decade, essentially. So the biggest artist of last quarter, I believe, was Jeffrey Gibson, artist who focuses on indigenous culture and textiles. And I haven't totally sorted the data yet and cleaned it, but it really looks like that the biggest artist of December is going to be Kara Walker.

16:42Wow. Who is an artist who has been very important since the 1990s and whose work focuses on the black experience. And the other top artists are going to be some combination of Dawood Bay and Mickalene Thomas, who, yeah, similar kind of history and profile. Although, of course, they all do very different things. I think there are two things going on, and museums move very slow. It's not sure how they're going to adapt. Now, that having been said, one of the things that doesn't come out in these lists I do is that I like looking at what's going on everywhere, even when it's not like the top things.

17:16And one thing I can see is that Beeple has a presence in multiple museums now. And that's surprising. There you go.

17:22Kate Brown:Wow. He was genuinely considered kind of like an outsider. And there was a big ick factor around him when he became the third biggest living artist at auction of all time during the NFT digital art bubble in the pandemic period. And LACMA has a Beeple on view right now. And so does the Toledo Museum of Art. It's very unusual to have multiple shows on at once. So that really looks like museums thinking like, can we work with this energy?

17:49Andrew Russeth:I mean, Beeple's always been interesting to me from a kind of like taste perspective or ratification perspective, because very early on you had people like Hans Ulrich Obrist, Carolyn Kristoff Begariev, former Documenta curator, sort of in his orbit and intrigued by him, I think because of his reach, because of the money surrounding him. And yeah, you see down in Art Basel this sense of, gosh, how much do we want to interact with this world? I'll shout out Nate Freeman, former Art Netter wet paint columnist. I was listening to his Nota Bene podcast this morning and I thought he kind of nailed it about Beeple.

18:28Andrew Russeth:He just said, you know, like, I'm just used to him being in the ecosystem now, right? He's just part of it. And I think that's right. It's like this idea that a kind of mainline, rarefied art world was going to be able to kind of eject these more populist, more digital things is just no longer the case. I mean, we're not quite at the level of like Alec Monopoly doing something in the Meridian sector. Oh, but you got it for people who don't know. You got to say who Alec is. I mean, what's he been up to? And he's telling the ultimate red ship. The ultimate red ship artist. an associate of Don Trump Jr., an associate of the sort of playboy jet-setting crowd.

19:04Andrew Russeth:I don't know if you've seen this video where he's making artworks on the cones of private jets that he chops off. He's talking about how he's the first artist to chop off the jets and paint on them. Incredible, astonishing. Yeah, I mean, he paints the Monopoly Man. That's the important thing. His signifier is, it's a celebration of all that is plutocracy, essentially, and cartoonish. Yeah, it's great.

19:28Kate Brown:So, Ben, you wrote a great piece at the top of this year asking a big question, would the art world go post-woke in 2025? And you had a great line in there that the present is up for grabs ideologically. And so maybe we can riff on that for a minute. That is good. I forgot I said that. Maybe we can riff on that for a minute. Like, do you think it's been grabbed yet or what could you predict for next year? No, no, I don't think that. I think it was a transitional year. I mean, I just think as in the economic side of things, in the market side of things, so in the aesthetic side of things, I just think it's very, very uncertain.

20:06You know what signified the year to me? Annie Armstrong, again, did an interview with this AI art influencer named Marvin, who is this bizarre, although that may be overstating how interesting it is, AI-generated persona that comments on art media websites, clearly using chat GPT. And the Instagram persona looks like this stereotypical art bro, essentially. Like crypto bro. Like a jacked guy wearing like hype beast clothes. Basically, if you prompted an AI to be like art bro, is what he'd look like. And Annie just, as a lark, decided to interview him. And I should say, and he has two consorts, you know, like art babes named Isis and Raquel, who are AI-generated art influencers.

20:59Living the dream. It's a whole multiverse. Why this relates to your question about the unsettled nature of the times, Kate, is that Annie interviewed this person. And it was a challenging thing to edit because it's like clearly AI-generated responses. Like she was saying this response was coming back in like three seconds. And when she asked Marvin, the AI, crypto, red chip art guy, his taste in art, he has just completely mainstream art, kind of like liberal sounding art taste. He's like, oh, I think the art world is very important because it addresses issues of representation and brings in new voices.

Read the full transcript

21:43And the important thing is not the market, but the way that the community that forms around art. You know, just the kind of generic boilerplate press release, kind of virtuous academic adjacent. And I thought that is so emblematic that on the one hand, you have this thing that looks like trying to be this new kind of unsettling phenomenon. But at the same time, the common sense like of the art world is like lingering in this zombie form.

22:12Kate Brown:Still a data point. Yeah. Yeah. And he's still trying to ingratiate himself to the same kind of power center. So a long way of saying I think we're just between two worlds. One of the big things in the fall this year was the Anna Imhoff work, which sits in in neither side of the spectrum. Do you guys want to touch on on that quickly before we move on? Because I think that that also has a sort of unsettled nature.

22:36Andrew Russeth:I loved it. For those who are not familiar, this was the great Anne Amhoff who won the Golden Line at the Venice Biennale a few years ago for a kind of fearsome installation of dancers and dogs in the German pavilion, took over the Park Avenue armory for a multi-hour piece where there was a countdown clock. There were, what, a dozen catalog escalades. There were youths giving tattoos to each other, dancing about. It was kind of interminable. It was called doom. boom it was menacing boring kind of funny in a dark weird way i just had the time of my life but it was very divisive i mean ben you wrote about it i think you described it at the time as a very straightforward or obvious take but i actually think it was the right one do you want to walk through you liked it oh oh well i mean i liked it in the sense that i thought that a lot of things people criticized it for were things that were obviously intentionally what it what it's about.

23:35Including like that, boring and durational and arduous and an endurance test that you never knew where to look inside this big stadium space where it was. And then specifically that, it's hard to explain without getting too deep into this and going over time, but you know, it was a riff on American high school lore and a lot of the critics were like, this is like just jocks and cheerleaders? What is this? You know, this is such cliched imagery. There's clearly a German who doesn't know anything about American culture and it's like, Look, she knows what she's doing. I mean, you can criticize her from a lot of angles, but she's referencing American lore of teenage angst and psychosis.

24:14And in this moment, to link it back to the key theme that you were bringing up, Kate, of unsettled culture in America, like very uncertain thing and looking at those archetypes of America and being kind of alienated from them. And I thought really that was the early part of the year when the recent election was still lubing large, you know, really just thinking about the kind of disillusion and like uncertainty about how to, where the culture was going and how you even expressed, you know, your rage, frustration, sense of doom in this moment. I thought that was all really clear. Now, I think that that felt very apt to me then.

24:58I feel like and we'll get into this in the politics section of this conversation that maybe the vibe is changing again

25:06Andrew Russeth:I also want to pivot to kate and just say if we have time I feel like we would be remiss to not Touch on jordan wolfson's piece. Okay. Yeah the foundation by letter which feels related in some ways And you kind of wrote a great first-person account of being in that just psychotic space Oh, yeah. And didn't you go too, Andrew? I did. Yeah, yeah. But I didn't write about it. Yeah, yeah. That is a nice pass at the ball because it does capture the themes of tech, the themes of politics, the themes of taste.

25:36Kate Brown:There's definitely, I think, Jordan Wolfson's work, similar to Anna Imhoff, has this deep, dark, psychological element. I mean, Jordan Wolfson's work, just to mention it quickly, you put on this VR headset and you're both dealing with existential questions and also this very nihilistic kind of voyeurism. It has this double speak to it that I think Anna Imhoff's work achieves well. But one of the criticisms of Anna Imhoff's work was that it wasn't political enough given the situation in the States. Although one would say, is that her role as a German artist? Nevertheless, I do think it's a good pivot point because there has been so much going on in American politics this year.

26:14Kate Brown:And we had a running list that was thousands and thousands of words kind of just updating things as they were happening. I don't even, you know, know where to start with this story of Trump 2.0. Ben, do you want to pick a jump off point? Well, yeah, I mean, I think you did just fine, Kate, because I was also going to start with that running list. I mean, look, for people at home, how you cover this moment, how you talk about it. I mean, we're putting on a show. We're trying to be jovial. It's a very upsetting time period and hard to know how you even talk about art when so much is going on. because in some cases, art is the happy place that people go to, but it's also a place people go to for meaning and stuff.

26:55You look at this running list, which is how one way we decided to keep track of what was happening this year in the new political era, there is stuff in there that I totally missed. It is such a barrage of stuff. I missed that the president has proposed making a Trump-themed silver dollar that he's going to launch next year with a picture of himself raising his fist on the top of it. I think the place that we should start, just because we've talked about it extensively on the podcast before, and it's very directly at the center of the art conversation, and it captures a lot of the sense of what was disorienting and weird about this year, is that after the government shutdown, the Trump administration finally did announce its pick for the Venice Biennale, which we've talked in the past about how this was a delayed process and it wasn't even clear if they were going to do a thing.

27:51It's way delayed, so it's going to be hard. And they've been attacking DEI initiatives and gender ideology and wokeness in museums. Trump actually came out with a tweet. I think he says the museums throughout Washington, but all over the country are essentially the last remaining segment of woke. And the Venice Biennale needs a museum sponsor or an institutional sponsor. So it was unsure who was going to take this, but they made the announcement and it's going to be an artist named Alma Allen. Did you guys know Alma Allen before? I was familiar.

28:24Andrew Russeth:Seen at the Kasman Gallery, seen at the Blum Gallery. Perfectly fine sculptor. Who lives in Mexico? I mean, I sort of cheat, but that's like the thing everyone's talking about. Like an art, you know, given the centrality of antagonizing Latin American migrants. Yeah, the fact that it's an American artist who has moved to Mexico City is something people are chattering about.

28:47Kate Brown:And he reportedly didn't even apply for the commission. He was contacted, right, by curator Jeff Uslip.

28:52Andrew Russeth:Yeah, that's an essential part of it. What a strange, remarkable thing to receive a phone call. Another proposal had reportedly been picked and had fallen through because of complicated negotiations around the budget. I mean, funding the Venice project is always a complicated thing. The State Department kicks in a very small amount of money. So yeah, got the phone call and said yes. And who can blame the guy? That's my viewpoint. I posted this on social media and people really came at me. You know, this is a once in a lifetime opportunity. You absolutely are not going to get another crack at this.

29:24Andrew Russeth:you know, go for it. I was also, I will say, I felt, I'm a little embarrassed saying this, but I felt a real sense of relief in the sense that God knows what could have been picked to fill that pavilion, depending on who's in the room when those discussions are getting made. You know, not an exciting figure to me, not someone who I would have ever remotely thought of on a short list or a semi-finalist list, but sure, why not? I mean, museums are really under attack. I mean, Okay, so people will say that during the first Trump administration, Mark Bradford and Martin Puryear and, you know, very distinguished black American artists, they played ball, you know.

30:06But it's different. I mean, I was looking through that list, Kate, and like the director of the Eisenhower Presidential Library in Kansas was let go because he refused to give a sword that Trump wanted to give to King Charles. That's one of the most bizarre stories and upsetting, yeah. Yeah. Yeah, it's not like a joke. And then this stuff about it's going back and forth in the courts. But, you know, like trying to mandate that anything that is deemed to be DEI, whatever they broadly mean, that makes you ineligible for any grant. This is scary stuff. So I don't know where all this goes. In any case, I did write a piece about the American Arts Conservancy, which is the group that is officially partnering with the U.S.

30:47Andrew Russeth:This was an incredible investigation. I mean, I was astonished by the things you dug up in this. Well, I'm glad you think so, because it's like, to me, it's like poking around on the internet, but it's amazing what you could turn up. Yeah, I mean, the head of this group, she's based in Tampa, and before this, her big job experience was in the pet food industry. You know, she's a pet food entrepreneur. She was selling natural pet foods. You can still find the Yelp page for her business. I mean, it is just an unbelievably quickly thrown together institution that is literally placing artworks in the White House after being in business for just a couple of months.

31:29And the people on its board of directors are just this very garbled collection of people in the construction business. And then its advisors are like NFT people. It really is like looking into an alternate universe of Palm Beach axis of art.

31:48Kate Brown:It'll be interesting to see what galleries, if any, come forward to work with Alma Allen. Because, you know, as you said, Andrew, notwithstanding all the political stuff that is going on right now, which is absolutely devastating, it is an opportunity that you can understand why an artist would take. And similarly, you can understand why an artist would need gallery support and it's an opportunity for the market as well. But his two galleries, Olney Gleason and Mendez Wiediem, discouraged him from taking the commission on. And now he's, I think, doesn't really have a gallery. So it'll be interesting to see what blue chips, if any, join in with this conservancy that you wrote about, Ben.

32:22You know, culture is so incredibly polarized right now. And it's very difficult to do anything. It's not political. I mean, the Pantone declared its color of the year yesterday, which was Cloud Dancer, which is a white. And there's a ton of political discussion about that. It's like, is that a dog whistle? You know, is this like Pantone, Sidney Sweeney, jeans commercial moment? And I mean, it is very hard to make any statement that is considered outside of the political conversation. I don't know if Alma Allen codes as kind of explicitly ideological enough or for the taste. I mean, they're begging for money on the American Arts Conservancy website.

33:03I mean, they have very little time to assemble the money for this. And so it requires finding people who care about this as a cultural project to ratify the cultural project of Trumpism on the world stage. And I mean, they're abstract sculptures, right?

33:21Andrew Russeth:Am I wrong about what he does? That aspect of it, I think, is fascinating that you get this group together and they say, you know, let's do something that kind of backs the agenda of the administration or is kind of palatable less. The best I can make of it is that those abstract Alma Allens, some of them are coated in nice metal and they're grand. And you just picture they would look good in like a Palm Beach lawn, a Hampton. Yeah, but it ain't red shit. It's kind of... It ain't red shit. Yeah. It's not red shit. I mean, the people on the advisory board of this are NFT people. Like, one of them is this artist who does, like, a diamond-studded sculpture of a spaceman for four seasons in Riyadh, you know?

34:06And an NFT collection that popped and then left everybody holding the bag. I mean, it's a real bomb. Yeah. But, I mean, like, the Trump revamp of the White House, it ain't. I mean, that is this grand statement, another art and politics story of the year, this ripping down the East Wing of the White House to put up an enormous Trumpy ballroom and his general redecoration of the White House with gold and a lot of paintings of himself. I mean, it ain't that. It ain't that. So, you know, like I say, if just the color white is political from one direction now, maybe abstract sculptures are political from the other direction now.

34:42But I don't know.

34:43Kate Brown:Yeah, you mentioned the White House revamp, and that's been happening while also there's been major funding cuts to museums and to the NEA this year. Also big stories. The attack on the Sassonian was another big story. And I think that's like maybe a good segue to our last section on institutions, which is, you know, inevitably also quite political at this time. there's been so much uncertainty about what comes next for them, especially in the wake of Trump in the States. But, you know, Western museums in general are facing a funding crisis. I mean, the Louvre heist this year was, you know, indirectly an effect of a lack of funding that the museum had been begging for.

35:23Kate Brown:There was a memo that leaked earlier this year, I believe it was, you know, saying how much the museum was in dire need of a renovation and upping of security. So, yeah, it just it seems like institutions are also in a really strange transition time where there's fighting for relevance on the public side of things, you know, in terms of discourse. And then they're also, you know, in an existential crisis when it comes to the basics of like keeping the lights on. You can almost say that the museums are in crisis. One could say the museums are in crisis. Yeah, we did a whole podcast about that with me and Margaret Kerrigan from this package we did earlier in the fall.

35:58Kate Brown:Yeah, no, I'm curious. There's been some museum openings, though, this year. Did you guys go by the Frick or the Studio Museum? And what's the tone? Yeah, we didn't get a chance to talk about that. And then maybe we wanted to end on a little bit of a positive note after all the melted Trump stuff and economic uncertainty. But, I mean, there have been, yeah, some really significant new institutions.

36:20Andrew Russeth:That's a happy thing. And I would say the big ones in the U.S., at least along the eastern seaboard, have been really positive. I mean, the Frick expansion by Annabelle Selldorf is fantastic. There's a great new restaurant there. Just immaculate, beautiful. I mean, it's such an Andrew Rutherford. The most important thing is that you can get a nice slice of cake. No, I mean, they just poured money into this thing. I mean, every artisan in Europe seems to have been tapped to make this thing immaculate. Down in Philadelphia, we have Calder Gardens that Jacques Herzog did. Yeah. Little jewel box of place with loans from the Calder Foundation.

36:55Andrew Russeth:the Princeton Museum by David Ager. I was just down there last week. Fantastic. Enormous 80 ,000 square feet of gallery space stocked with a great collection. It's up there with Harvard and Stanford certainly as one of the great university art museums in America and the Studio Museum here at home. That's the one I want to ask you about that because I know you've been and I have not. Yeah. I mean, it's remarkable achievement by Thelma Golden, the longtime director there. It's a seven-story hulking building on 125th Street. They demolished the old one, which, as anyone can remember, was small, was cramped.

37:31Andrew Russeth:And this is a place that has an astonishing collection, incredible works from throughout the past hundred odd years. And finally, it's on view. There's a beautiful rooftop. My one complaint, this might be on me as someone just encountering the museum for the first time. Some of the spaces felt awkward to me. There's a lot of work displayed in kind of, I would just say hallways, narrow spaces. It also strangely doesn't feel big enough. I mean, it's 80 ,000 square feet across seven floors. I think there's a little under 20 ,000 square feet of exhibition space. I mean, that's a lot of numbers, but 18, 19 ,000 square feet of exhibition space, that's not a ton of exhibition space.

38:08Andrew Russeth:So I'd wish there was more, but it is beautiful. One great feature is the auditorium, the event space with step seating is right effectively on 125th Street. So you just think about that as a lively thoroughfare with people selling things, people coming to and from work, from schools. You can look in and you can see events taking place. You can see Glenn Ligon on the wall, his famous MeWe neon. It's kind of a great building for that space. And I'm excited to see what they do with it, but a little awkward in some places for me.

38:41Kate Brown:Yeah, I think it's important to mention that there is a whole new frontier that opened up in Central Asia with the Amalti Museum and the Bukhra Biennial. And, you know, we'd be remiss not to talk about the new energy that is coming out of the Middle East and also the art market and the institutional world turning its eyes onto the Middle East. Given all this disruption that we've been talking about for the past 45 minutes in the West, this seems like a new sort of opportunity. But I think it's also really positive, you know, these are kind of have been dubbed in some cases flyover countries like these locations, especially the ones in Central Asia, where the the Multimuseum of Arts is in the Bukhara Biennialist.

39:17Kate Brown:And the Bukhara Biennial was actually, you know, backed by some Saudi-linked corporations. So they're not even with the same kind of ties to the West. So there's been this rearrangement that I think is quite interesting in institutions as well. And of course, there's a Guggenheim Abu Dhabi opening next year.

39:32Andrew Russeth:Totally. I mean, I think the Central Asian development has been one of the huge stories of the past year. And I'd shout out a number of our colleagues, including Vivian Chow and Kathy Phan in the Asia Pivot, doing a lot of reporting on that. The Bukhara Biennial in Uzbekistan, I saw just closed. It reported something like 1.8 million attendees, I think. Wow. What? You know, who knows how they're slicing it? That could be visits to various venues. But there was tremendous energy. A lot of people flew in or got flown in. I mean, my social media was blowing up over it. And so you see just tremendous excitement there.

40:06Andrew Russeth:And then, yeah, the Middle East, of course, huge, huge story spilling into next year. Well, look, the story, well, at least of Saudi money is very similar to the story of tech money in the sense that there was a moment when people were like, this is a savory stuff over there. Do we really want to be associated with that? It really just feels like there's a moment where people are like, no, no, we can work with this. This is existential. That's what it feels like to me, at least. Is that accurate to you? I think that's a good parallel. I mean, we saw Sotheby's get a massive investment from Abu Dhabi.

40:40Andrew Russeth:You're reported about a billion dollars. You see people just, I think, seeing this as the next place, maybe one of the only places that is new that has money that could potentially flow in. We'll have Art Basel Doha. Next year, we'll have Frieza Abu Dhabi. Yeah. Before we go to the final round, let's just say what's happening next year. The new LACMA is opening, correct? The new, new museum, I believe, was supposed to open this year, but is hopefully going to open next year. And then two things I wanted to flag because they fit with some of the conversation. The other institutions or para-institutions that are opening, Dataland, which is an AI-focused institution from, I don't know if you want to call them this, AI artist, Rafiq Anadol, who's known for these algorithmic screensaver -like installations.

41:32Sorry, that's my critical voice coming in there. But bound to be a very popular institution opening in Los Angeles. And then in New York, we talked about this in the podcast, the Canyon, which is a new digital art focused museum or Kunsthall like space. It's going to open in downtown New York. So, yeah, again, that's a vibe of like, you know, some very traditional kinds of museums advancing and expanding in very traditional ways. and then some people trying to get a new kind of thing going that looks to kind of change the aesthetic vibe in this more present or future-focused tech orientation.

42:17Kate Brown:Certainly a bid to bring in new audiences amid declining football. Like, a lot of these museums haven't made their numbers back since the pandemic. But let's do our quickfire round before we close out. I am curious.

42:27Andrew Russeth:You know, we talked about a lot.

42:28Kate Brown:Lightning round. Lightning round. We've talked about a lot, but what were those other stories that you think we missed that we cannot miss mentioning? Okay, I got a shout out one. Andrew, just because I did the edit on it, maybe. But also just because it's a cool story and a weird story that you kind of uniquely picked up on. This Richard Prince artwork, Deposition, like a seven-hour video artwork that you wrote a piece about. I love that story.

42:55Andrew Russeth:That man's just firing on all cylinders. Yeah, big year for Richard Prince. He's got to show up in Gaujin right now. Crazy new paintings, very weird sculptures. And yes, at Gavin Brown's space in Rome earlier this year, he showed a deposition from one of the times that he was sued for appropriating imagery from notable photographers, as is his practice, his want. And yeah, I mean, he is in a blazer and stoned face. He looks extremely unhappy to be there, but he just kind of duels and plays dumb. But that's not even fair. He just he has a lot of fun kind of playing the straight man to kind of explain it to step back to trying to nail him down by getting him to just effectively say that he'd use this work without permission.

43:42Andrew Russeth:So they ask him, did you request permission from these photographers to use this imagery in your work for the Instagram paintings that he made? And he says, I give myself permission. Quite menacing in some moments as well. There's moments where the lawyers really lose their cool even. They have to like take breaks because the lawyers are dueling back and forth passive aggressively. There's also one great moment that I did not have time and space to fit into my article, which at the end, Prince, I can't remember exactly, he's done a drawing or he's written something on a piece of paper. And one of the members of the council begins joking about how much the paper's worth and how they should keep the paper and maybe sell the paper.

44:24Andrew Russeth:So even as he's kind of on the hook here for potentially tens of millions of dollars, he's still viewed and saying it's like this kind of commodity maker. It's dark. It's hilarious. You can find it online if you Google around. It's dark. It's hilarious. It's turning his deposition into a work of video art. And you watched all seven hours of it, which is like, which is crazy. It goes by quickly. I broke it up. Amazing. Yeah, that's, again, something only Andrew Russeth would say. Kate, what about you?

44:50Kate Brown:I wanted to bring up the Nazi looted painting that appeared above the couch in Argentina. Do you guys remember that? Oh, yeah.

44:58Andrew Russeth:Oh, man. Yeah.

44:59Kate Brown:So this painting appeared in a real estate ad for a house and a very eagle eyed journalist spotted it. And then authorities went to the house and the painting was just not there anymore. In my imagination, there was like a nail kind of like in a wire still hanging. It was so. Oh, no, I think there was a very unsightly. Oh, yeah. They put a rug up. They put a rug up. Yeah. So this was just a wild story. But spiritually, it's a nail in the wall. It was spiritually a nail on the wall. But I think it is a testament to the fact that there's still so much going on in the realm of restitution. These stories just keep popping up.

45:37Kate Brown:And that one was just particularly outrageous in terms of how it transpired. What about you, Andrew?

45:42Andrew Russeth:Andrew, what about you? The only thing I would mention is this was a great year for lawsuits. Our colleague Eileen Kinsella is great at doing the deep dives on this, as well as a number of people. and we saw Abigail Asher and Barbara Guggenheim trade quite aggressively worded lawsuits about their behavior kind of behind the scenes of the art market. You know, the saying is always when there's a downturn, people start suing and people start breaking up in the art market because suddenly individual dollars and pennies and private jet trips and so forth start to add up and start to count. That's also been the case with Spironi-Westwater, where the partners Angela Westwater and Genenzo Spironi have traded allegations about what's been going on behind the scenes.

46:24Andrew Russeth:From Spironi's suit, he alleges all sorts of misbehavior behind the scenes, which Angela Westwater has denied. He writes that the gallery of which he's a partner is unprofitable and, quote, unfortunately, no longer a leading gallery of contemporary art. Kind of an amazing thing to write about your own gallery. Wow. That's a burn. That's a burn. Yeah, a little bit. Yeah. And so you see people being a little bit more candid or aggressive in legal documents.

46:53Kate Brown:Mm-hmm. Well, I feel that there will be some more of those lawsuits to come next year. There's still much more fallout, I guess, from some of these other galleries that have closed. You know, we covered a lot of ground. I'm exhausted. It seems that times remain uncertain, but I do feel that we're shifting into a new gear. There's a little bit of optimism on the horizon, and it's ever interesting. It's been great to have you both on. Thanks for joining us, Andrew. That was a ball. Thanks for having me, Kate and Ben. Thanks for joining Ben, as usual. Great, as usual, to talk to you, Kate, even on a day like today when there's way too much to talk about.

47:29Kate Brown:That's it for this week's episode. If you like what you heard, you can subscribe to the show on Apple Podcasts, Spotify, or wherever else you get your podcasts. Also, take a moment to rate and review us. It will help other listeners discover what we're doing. The Art Angle is produced by Sonia Manalili with contributions from myself, Ben Davis, Carolyn Goldstein, and Naomi Rae. Thanks for listening and see you next week.

From the publisher

We are back this week with our monthly edition of the Art Angle Round-up, where co-hosts Kate Brown and Ben Davis are joined by a guest to parse some of the biggest headlines in the art world. As we close out a busy calendar year—and for the last roundup of the year—we are reviewing all of 2025 and the trends, themes, and stories that defined it with Andrew Russeth, Artnet Pro editor and art critic.

It's been a whirlwind of a year. We take a look at the art market, where slumped sales, gallery closures, and existential dread dominated the business up until November, when New York’s fall auctions saw the narrative take a turn, something that seemed to sustain across the primary market at Art Basel Miami Beach. We discuss what this could mean for 2026.

In the realm of politics, Trump 2.0 began, which ushered in a wave of policy shifts, cultural tensions, and uncertainty that reverberated across the art world, from federal arts funding to museum governance and international cultural exchange. We also ask whether the art world did finally go post-woke, a question Davis posed at the top of the year, the return of digital art, and the ongoing power of red chip art.

And it was a year of profound transformation for institutions, which are facing a multi-front crisis due to the changing expectations from the public, exploding costs, and a shifting political landscape. And, of course, there are also some fun stories in the mix, because this is the art world, a place that is known to be rather unusual.

More from The Art Angle

All 68 episodes
The Round-Up: 2025’s Highs, Lows, and WTFsThe Art Angle · 49 min
Listen in VO