In our new series Reality Bites, we assess whether the art market's key players are addressing the urgent issues affecting the wider world

Joint venture announced amid declining sales figures at Chinese auction house

Crypto might have crashed, but online-only sales and other digital channels are allowing auction houses to deepen their business beyond the thin market for blue-chip art

Each of the houses in the growing consortium will keep its identity, but share the back end of the business

Francis Bacon triptych and Renoir still life among works from the collection of CBS founder William S. Paley that have been "under the museum's stewardship" since his death

The Players Foundation says the current financial crisis has forced it to reassess how it manages its assets and ensures its benevolent work is ongoing

Founded in 2004, MacDougall's was the first international auction house to have representatives in Moscow and Kyiv

Offered next month for $500,000 to $700,000, the silkscreen canvas work is from the same series as another that was at the centre of $20m lawsuit against the Andy Warhol Foundation for the Visual Arts

For each work sold, 15% will go to a charity or institution of the artist’s choice—but will the new sales format ruffle dealers’ feathers?

Plus, will Anselm Kiefer enliven the saddest museum in Korea?

Plus, a Pre-Raphaelite treasure, an iconic James Bond poster and a set of nine intricately inlaid panels

Sotheby's will offer Chinese antiquities and Impressionist portraits amassed by the scion of one of Hong Kong's richest families

The auction in November includes prized works from Paul Cezanne and Jasper Johns

According to Korean media, the group is close to finalising a contract to spend around $173m to acquire a majority share in the country’s largest auction house

In a post-Covid world, tech-savvy collectors continue to disrupt the old model of in-person trading

Move follows concerted drive by the auction house to gain ground in the blockchain and fintech domains

The auction house’s quick reaction to the Covid-19 pandemic has positioned it well to survive any approaching economic headwinds, executives claim

Despite what hyperbolic marketing might suggest, sales of 20th-century titans are failing to reach expected price points

The auction house made £17.5m with a record achieved for British painter Antonia Showering

There were few fireworks in the three-part sale as the froth comes off the top of the market

Chief executive says latest acquisition is part of his strategy to stay local while going global

Davis helped usher NFTs into the mainstream as Christie’s head of digital sales, and has vowed to keep the Punks pure

The French-Israeli billionaire is the majority shareholder in BT through his firm Altice

The Wurundjeri Corporation hopes to crowdfund $175,000 to secure the return of the pieces, which are being sold by the De Pury family at Sotheby’s New York

While both back-to-back sales did well, works by artists under 40 were snapped up at a rate not matched by their elders, making seven artist records

As the city council cuts auction regulations, the houses say they will not change their practices, but the prospect of more opaque bidding and guarantees may prove irresistible

For decades Russian billionaires were feted for their free spending on the arts. Now, they are officially personae non gratae. But what of the other individuals and regimes with dubious reputations?

But firms say they will continue to operate policies and practices that promote transparency

The Louvre has two-and-a-half years to buy the record-breaking €24m painting

The recent London auctions suggested a market of extremes, with some seeking the safety of guarantees and others speculating on works by young stars on the rise