Pace Gallery cuts half its artists and staff, signaling end of mega-gallery era
According to The New York Times, Pace Gallery is reducing its roster by letting go of 50 artists and 50 staff members, effectively halving its size and moving away from the mega-gallery expansion model. In other news, Suno, an AI music-generation firm, has seen its valuation soar to $5.4 billion following a recent funding round, as reported by The Hollywood Reporter. Colorado has enacted legislation enabling artists to incorporate for better rights protection. All eleven Edinburgh festivals are collaborating on a unified ticketing system. Chicago has introduced a new fund aimed at supporting emerging theater companies. Marjane Satrapi, the creator of Persepolis, passed away at the age of 56. The 2026 Serpentine Pavilion in London is noted for its serpentine design.
Key facts
- Pace Gallery is cutting 50 artists and 50 staff, about half its roster.
- Suno AI music company valuation rose to $5.4 billion.
- Colorado passed a law letting artists incorporate to protect rights.
- Eleven Edinburgh festivals plan a joint ticketing platform.
- Chicago launched a fund for emerging theater companies.
- Marjane Satrapi died at age 56.
- 2026 Serpentine Pavilion is serpentine-shaped.
- Capital is moving from representing artists to simulating them via AI.
Entities
Artists
Institutions
- Pace Gallery
- The New York Times
- Suno
- The Hollywood Reporter
- The Colorado Sun
- The Guardian
- WBEZ
- Deadline
- Serpentine Pavilion
Locations
- Colorado
- Edinburgh
- Chicago
- London