17-10-2024 20:44 via artnews.com

Art Fairs Are Strangling The Gallery Ecosystem

Smaller and midsize galleries are caught in a vicious cycle: they can’t afford to participate in top fairs, yet they can’t afford to miss them. Today, half of all gallery sales happen at fairs, double the rate of just ten years ago. Galleries now participate in an average of five fairs annually, not out of choice but necessity. – ARTnews
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