After 30 years in the art world, renowned dealer Tim Blum is ‘stepping off’ the gallery circuit, citing exhaustion with the contemporary art system.
Blum, who co-founded Blum & Poe in Los Angeles in 1994 and helped elevate artists like Takashi Murakami and Yoshitomo Nara, told ARTnews his decision stems from burnout, not financial struggles or a career pivot.
‘This is not about the market,’ Blum said. ‘This is about the system.’
He criticised the unsustainable demands of fairs, openings, and relentless expansion, calling the gallery model ‘arduous’ and ‘aggravating’.
Blum’s Los Angeles and Tokyo locations will close after summer exhibitions, and a planned New York space may not open.
The gallery will no longer maintain a formal roster of artists. Instead, Blum plans a ‘more flexible model’ involving special projects and collaborations.
The move follows partner Jeff Poe’s 2023 departure, who sought a ‘simpler and more fluid path’.
Blum said the exit has been years in the making, accelerated by post-2008 market growth.
‘Since 2009, everything’s moved upward and outward,’ he told ARTnews. But even in strong years, it didn’t feel sustainable.’
Despite leaving the gallery circuit, Blum will remain in the art world and hinted at a future project focused on ‘slower engagement’ with art, emphasising meaning over transactions.
‘Everybody talks about wanting to step off,’ Blum said. ‘But nothing ever really changes. I’ve decided I need to.’ —[O]
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