economy
As Pace Gallery cuts artists and staff, the mega-gallery model looks shaky
One of the commercial art world’s “big four” is scaling back, and CEO Marc Glimcher believes the system is broken
TL;DR
- Pace Gallery is downsizing its operations.
- The gallery is cutting artists and staff.
- CEO Marc Glimcher believes the art market system is flawed.
- The move prompts questions about the future of mega-galleries.