Last year, about 2.5 million people visited teamLab Planets Tokyo, spending around $25 each on a unique immersive experience, showcasing art and technology seamlessly.
With nearly $60 million in revenue based on attendance and ticket sales, teamLab exhibits demonstrate a business model that rivals traditional prestigious art museums.
Unlike conventional exhibitions, teamLab does not credit individual artists or discuss traditional crafts, which positions them in a commercial rather than artistic realm.
TeamLab's approach circumvents traditional gallerists and art institutions, provoking discussions about the nature of art, consumerism, and the impact of commercialization.
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