Merry Christmas

Today’s highlights: The traditional art market is facing a reckoning as 2025 comes to a close. There was a flood of gallery closures and downsizings this year, marking a period of “endings more than beginnings” as the industry searches for a more sustainable model (ARTnews ). In the publishing world, the mass-market paperback is–shockingly– about to disappear from the U.S. market following a major distributor’s decision to halt operations (Publishers Weekly ).