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On August 8, Seoul’s National Assembly Members’ Office Building played host to a marathon policy seminar, ambitiously titled “Legal Support Measures for Art Market Revitalization.”
2025.08.12
In 2025, two of Korea’s most prominent art figures have returned to lead major cultural institutions. Yoo Hong-jun, former Administrator of the Cultural Heritage Administration, has been appointed Director of the National Museum of Korea, while Yoon Bum-mo, former Director of the National Museum of Modern and Contemporary Art (MMCA), has taken the helm as the new CEO of the Gwangju Biennale. Both are respected art historians, critics, and curators with long careers in the field. Their return has inspired expectations of “stability” and “experience.”
2025.07.29
Since the early 2020s, the global art world has undergone a rapid reconfiguration. At the heart of this transformation is an unprecedented focus on Black artists. From major museum exhibitions to art fair demand and collector interest, the entire ecosystem reflects this shift. Yet this isn't merely a passing trend. Rather, it is the visible outcome of two converging cultural forces: Postcolonialism and Political Correctness (PC).
2025.07.22
The solo exhibition of Australian hyperrealist sculptor Ron Mueck, currently being held at the National Museum of Modern and Contemporary Art (MMCA) in Seoul, is drawing more than 5,000 visitors per day and is expected to surpass 500,000 visitors within two months.
2025.07.08
On May 29, 2025, the Seoul Museum of Photography (Photography Seoul Museum of Art) opens its doors in Chang-dong, Dobong-gu, Seoul. As the first public art museum in Korea dedicated entirely to the photographic medium, this institution is not merely another museum opening—it is a historic milestone.
2025.05.27
Art Busan 2025 concluded its four-day run on May 11 at BEXCO in Haeundae, Busan. Now in its 14th edition, the fair brought together 109 galleries from 17 countries in an effort to reinforce Busan’s position as a hub of contemporary art in East Asia. However, the outcome reflected more of the current art market realities than a major shift.
2025.05.13
The Korean contemporary art scene today is enveloped in a profound silence—the absence of art criticism. Exhibitions abound, artworks circulate rapidly through the market, and artists are consumed at speed, but there is scarcely a voice that interprets, questions, or inscribes meaning into these movements.
2025.05.20
At some point, the phrase “good artwork” quietly disappeared from the art market’s vocabulary. In its place came expressions like “rising artist,” “sold-out exhibition,” and “best-selling series.” The value of an artwork is no longer judged by the emotions it evokes or the meaning it holds.
2025.04.29
In contemporary life, we often speak of “value,” yet rarely do we pause to examine what we mean by it. Under capitalism, value is almost instinctively reduced to a single measure: price. Art is no exception. The inherent meaning of a work—its inner necessity and expressive urgency—has gradually been pushed aside, while marketability and investment potential increasingly dictate how art is evaluated and consumed.
2025.04.15
At the dawn of the 21st century, the art world is undergoing a profound transformation, shaped by the rapidly evolving forces of capitalism, technological revolutions, and globalization. This transformation is not merely a sign of the times but a seismic shift that shakes the very foundation upon which art exists.
2025.03.25
Korean contemporary art is gaining increasing attention worldwide. Major international museums and biennales are showcasing works by Korean artists, and global art markets are demonstrating a growing interest in Korean contemporary art.
2025.03.18
The Korean art market experienced significant shifts in 2024, with notable fluctuations in auction performance and art fair dynamics. In particular, the total hammer price in Korea’s domestic art auction market saw a 26% decline in the third quarter compared to the previous year, fueling concerns over an ‘art fair crisis.’
2025.03.11
