The art trade is adopting the phrase "strategic pause" to describe temporary halts and skipped seasons. Vienna's Spark Art Fair announced a hiatus and Berlin dealer Mehdi Choukri temporarily suspended exhibitions at his 30-year-old gallery. The Art Dealers Association of America's Art Show skipped a year to "reimagine" its future. Questions arise whether such pauses resemble quiet quitting or represent deliberate restructuring. The Metropolitan Opera is considering selling Marc Chagall murals. A fresh-to-market Magritte is slated for Christie's London. The Back Room newsletter offers weekly concise art-market updates and intel.
"There's a new buzzword circulating in the art trade right now: "strategic pause." Last week, Vienna's Spark Art Fair said it would take a hiatus. Days earlier, Berlin dealer Mehdi Choukri revealed that his 30-year-old gallery would temporarily suspend exhibitions. Last summer, the Art Dealers Association of America's venerable fair the Art Show coined the strategic pause phrase when it said it would skip a year to "reimagine" its future."
"Is pausing a version of "quiet quitting" or is there something more at play? Plus, why New York's Metropolitan Opera is thinking of selling its iconic Marc Chagall murals. And a fresh-to-market Magritte heads to Christie's London. For more need-to-know intel, subscribe now to The Back Room, our lively recap funneling only the week's must-know intel into a nimble read you'll actually enjoy delivered straight to your inbox every Friday."
Read at Artnet News
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