{"id":2187867,"date":"2026-10-08T13:13:48","date_gmt":"2026-10-08T10:13:48","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2187867"},"modified":"2026-10-08T13:13:48","modified_gmt":"2026-10-08T10:13:48","slug":"art-basel-ubs-reports-surprising-findings-and-more-art-news","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2187867","title":{"rendered":"Art Basel\/UBS Report\u2019s Surprising Findings and More Art News"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/www.artnews.com\/wp-content\/uploads\/2024\/07\/28thJune2024.TangContemp-73-1.jpg?w=1024&#8243;]<\/p>\n<div class=\"a-content a-content--offset lrv-a-floated-parent lrv-u-font-family-body lrv-u-line-height-normal lrv-u-font-size-18 lrv-u-position-relative\">\n<div class=\"pmc-paywall\">\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><em>To receive Morning Links in your inbox every weekday, sign up for our <\/em>Breakfast with ARTnews<em> newsletter<\/em>.<\/p>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\tGood morning!\t<\/h2>\n<div class=\"container \/\/ lrv-u-margin-lr-auto lrv-a-font-body-m   \">\n<ul class=\"wp-block-list\">\n<li>The fifth edition of the annual Art Basel &amp; UBS Survey of Global Collecting revealed several unexpected findings.<\/li>\n<li>Several artists are accusing Tang Contemporary gallery of not paying them and withholding artworks, joining similar claims by their landlord and other providers.<\/li>\n<li>A nearly 8-foot-tall naked gold statue depicting a bloated President Donald Trump sitting on the shoulders of a smaller man has been installed in Strasbourg\u2019s European Parliament building.<\/li>\n<\/ul>\n<\/div>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\tThe Headlines\t<\/h2>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>BIG SPENDERS SPEAK<\/strong>. The fifth edition of the annual <strong>Art Basel &amp; UBS Survey of Global Collecting<\/strong> is out, and <strong><em>ARTnews<\/em><\/strong> reports several unexpected findings. For one, despite fears that younger generations of collectors are not as active as older generations, the survey of 3,100 high-net-worth collectors, authored by economist <strong>Clare McAndrew<\/strong>, found that Gen Z spent the most on average in 2025 and 2026. In fact, they accounted for more than twice the amount of older generations surveyed, or $347,460 in 2025, a 19 percent increase from the previous year. That trend has continued in 2026, and across almost every segment of collectibles. However, 39 percent of the same group said they\u2019d rather keep access to their collections private, nearly twice as many as other generations. In other surprises, collectors of all ages are increasingly relying on artificial intelligence for advice, recommendations, and provenance checks, jumping from four percent in 2024 to 22 percent this year.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>TANG TROUBLES<\/strong>. Several artists are accusing <strong>Tang Contemporary<\/strong> gallery of not paying them and withholding artworks, joining similar claims by their landlord and other providers, reports <strong><em>The Art Newspaper<\/em><\/strong>. While the gallery\u2019s space in the Wong Chuck Hang neighborhood announced in late August that it shuttered on July 21, its other locations in Bangkok, Beijing, Seoul, Singapore, and central Hong Kong remain open. In August, a legal notice was attached to the door of the closed gallery, but its director, <strong>Vivian Har<\/strong>, denied that any artists had filed lawsuits against it. That\u2019s not what a lawyer representing an anonymous artist said in a statement specifying they filed a legal complaint on August 14 in Thailand, alleging that the gallery owes their client about $450,000. Several other artists also told <em>TAN<\/em> they are owed money. Meanwhile, the landlord of the closed Hong Kong gallery is demanding about $201,000 in unpaid rent for this year, plus other fees, and had reportedly previously filed a legal complaint.<\/p>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\tThe Digest\t<\/h2>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tA nearly 8-foot-tall, naked, gold statue titled \u201cOrange Plague,\u201d by the Danish artist <strong>Jens Galschiot<\/strong>, depicting a bloated President <strong>Donald Trump<\/strong> sitting on the shoulders of a smaller man, has been temporarily installed in Strasbourg\u2019s European Parliament building. [The Straits Times]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tFive people were arrested in connection with the September 8 theft of two paintings by <strong>Auguste Renoir<\/strong> from a museum in southern France. [Le Figaro]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tFollowing threats of criminal charges, the <strong>Volksb\u00fchne theater<\/strong> in Berlin covered up the genitalia on a giant sculpture of a nude female figure installed on its roof by <strong>Florentina Holzinger<\/strong>, which had been inspired by <strong>Gustave Courbet<\/strong>\u2019s <em>The Origin of the World<\/em>. [Berliner Zeitung]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tUkraine is rebuilding a Russian-bombed museum dedicated to <strong>Roman Shukhevych<\/strong>, accused of being a Nazi collaborator. [The Art Newspaper]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tAfter a decade, the <strong>Para Site<\/strong> nonprofit art space is departing its location in the Quarry Bay district of Hong Kong, and will launch a nomadic program. [Artforum]<\/p>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\tThe Kicker\t<\/h2>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \"><strong>FEMALE FACTOR<\/strong>. A new AI tool clocks the gender balance\u2014or more often, imbalance\u2014of gallery artist rosters in a matter of clicks, reports <strong><em>Ocula<\/em><\/strong>. Designed by art historian <strong>Hall W Rockefeller<\/strong>, who also founded the arts network <strong>Less Than Half<\/strong>, hopes that the app will encourage more recognition and support for women artists, while also boosting \u201ca global movement of matronage.\u201d In other words: the mobilization of more women art collectors. Specifically, the AI tool determines what percentage of a gallery\u2019s roster is female or identifies as non-binary. Those that pass a 50 percent quota get a digital sticker they can also display. \u201cI want people to notice the very apparent discrepancies and inequalities between men and women artists and the systematic ways in which women artists are kept from succeeding,\u201d Rockefeller said.<\/p>\n<\/div>\n<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.artnews.com\/art-news\/news\/morning-links-october-8-2026-1234801688\/&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/www.artnews.com\/wp-content\/uploads\/2024\/07\/28thJune2024.TangContemp-73-1.jpg?w=1024&#8243;] To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. Good morning! The fifth edition of the annual Art Basel &amp; UBS Survey of Global Collecting revealed several unexpected findings. Several artists are accusing Tang Contemporary gallery of not paying them and withholding artworks, joining [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,226],"class_list":["post-2187867","post","type-post","status-publish","format-standard","hentry","category-politics","tag-artnews-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2187867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2187867"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2187867\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2187867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2187867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2187867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}