Items
Tag is exactly
Artnet
-
2020-06-06"Art Basel Has Canceled the 2020 Edition of Its Flagship Swiss Fair, Citing ‘Tumultuous and Challenging Times’"
The Artnet article discusses the trepidation in decisions to resurrect in-person events, specifically annual international art fairs. Businesses and institutions prematurely made plans for the reopening of in-person events in the summer of 2020 in hopes of recouping money lost during the initial lockdown in the spring. Art fairs are premier money making events and networking opportunities in the contemporary art world that are ultimately economically beneficial for gallerists, art advisors, fine arts shipping companies, local restaurants and businesses, and hotels alike. Organizations such as Art Basel rake in enormous sums of money each year through their hosting of mega-art fairs in various international locations. The article focuses on Art Basel’s announcement of yet another change in the program for Art Basel as the art world grapples with the decision of public health versus economy. The fair looked to digital alternatives as a way to sustain in the interim.