20×200 Suspended and Haunch of Venison Abandoned – artmarketblog.com
Well, what a week it has been. First of all, art dealer extraordinaire Jen Bekman is rumoured to be in the process of disconnecting herself from the online limited edition print sales website 20×200 she founded in 2007. Visiting the 20×200 reveals a message that says “we’re taking stock & making updates.” The 20×200 people refused to comment when contacted by the Art Market Blog but an email from Jen Bekman posted online by arts writer Felix Salmon reads:
“I wanted to write and give you a quick update about the changes happening at 20×200. I’m working with the board to plan the path forward and while we work out the details, we’re temporarily suspending operations. We’ll regroup + staff up again shortly, but in the interim we’ll be operating with just a few people on the team.
“I wanted to write and give you a quick update about the changes happening at 20×200. I’m working with the board to plan the path forward and while we work out the details, we’re temporarily suspending operations. We’ll regroup + staff up again shortly, but in the interim we’ll be operating with just a few people on the team.”
The second big announcement was made by gallery powerhouse Haunch of Venison who will be closing their gallery in March. An official gallery spokesperson told Art Market Blog that:
“Haunch of Venison has operated as a successful, independently managed subsidiary business since it was acquired by Christie’s in 2007. The focus for Haunch of Venison going forward will be exclusively on sales in the secondary market, and we will cease to represent artists following the close of current exhibitions in New York and London in March 2013.
“It is proposed that the gallery will amalgamate with Christie’s Private Sales, combining our strengths in the secondary market to offer clients the benefit of our combined global reach and expertise.”
What do Christie’s have to say? Well, “Following a careful review, Haunch of Venison will focus exclusively on sales in the secondary market and will cease to represent artists following the close of its current exhibitions in New York and London in March 2013,” a Christie’s spokesperson told Art Market Blog.
“Christie’s is proposing to combine the strengths of Haunch of Venison and Christie’s Private Sales in the secondary market to offer clients the benefit of our combined global reach and expertise. As a result of this proposal, the gallery in New York will close in March 2013, and the The Yard in London will become a permanent exhibition and sales space for Christie’s Private Sales.
“We have not formulated these plans lightly and unfortunately this proposed restructure will affect a number of employees at Haunch of Venison, as well as some artists represented by the gallery. We are making every effort to assist and support our colleagues, artists and friends at the gallery who may be affected during the transition.”
Stay tuned for more info!
*Nicholas Forrest is a Sydney/London based art market analyst, art consultant and writer. He is the founder of the Art Market Blog (artmarketblog.com) which offers independent commentaries as well as research and analysis on the current art market, and has recently been published in Fabrik magazine, Verve magazine, Visual Art Beat magazine, Australian Art Collector magazine, Art & Investment magazine and many others. Nic has made several radio appearances (both nationally and internationally) as an art market expert and has received press from the likes of the New York Times, Conde Nast Portfolio and Times of London.
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