How Do Galleries Survive Recession?

Ted Waldbillig |

Even in New York and London, art galleries are struggling to stay afloat these days. The economic crisis really does affect all, even the industry known for its starving, whom are unconcerned with the tenants of capitalism. There are ways to do it rest assured, albeit drastic ones – such as clear-cutting. Karsten Schubert, a London dealer suggests galleries “let very qualified staff go very quickly and very brutally.” Sounds Warholian. Others recommend holding onto loyal artists, sticking to guns and consistency, weathering the economic tornado along with everyone else.

It all gets me wondering about where Eau Claire sits in all this. So how are we doing, Chippewa Valley? Our galleries don't exactly operate on the economic level of big-city galleries, so has much changed? It seems like most galleries around here are usually a part of a larger art-related buisness, which is probably doing poorly, as well.

Read the full article in The Art Newspaper.