It might be me and my attention has shifted but I have found more media attention surrounding the architectural community and environment works than the traditional art on canvas.
For example, I really thought Cristo was a fad back in the 8o's but he is still grabbing headlines. The lastestest in archtecture is not centered in New York so exciting new buildings are popping up all over the globe.
The only time a painting is mentioned seems to be when it breaks a record at Sothebys which can be exciting or disturbing depending what way you want to look at it.
My first thought is the shift to 2D art on the internet which allows a clear view of the latest art without leaving your home. I don't agree with this practice but then I also believe that music should be experienced live.
This just maybe an adjustment and only temporary but time will tell.