What Does The Met Gala 2022?s Record-Breaking US$17.4 Earnings Mean"
In all the Met Gala's "gilded glamour", perhaps smaller art institutions represent the issues of ignorance and underrepresentation during The Gilded Era"
The post What Does The Met Gala 2022’s Record-Breaking US$17.4 Earnings Mean" appeared first on LUXUO.
The Met’s 150th anniversary in 2020. Image: Metropolitan Museum of Art
As necessary lockdowns came into place for the past two years, the world had to shut down momentarily. Galleries, museums and visitor attractions, among many other economy driving forces, were in turmoil. In April 2021, UNESCO released a report on the situation of museums across the world, in light of Covid-19. The organisation estimates 104,000 museums in the world, and in that, 43 per cent faced closures in the first quarter of 2021. And especially for smaller museums, generating income was more challenging than before.
READ MORE: Dior?s Pop-up Complex In Seoul
In 2020, when the New York City museum celebrated its 150th anniversary, it was also projecting US$150 million in lost revenue from the pandemic and had to trim off its staff by 20 per cent. Not even the iconic Metropolitan Museum of Art was exempt from the pandemic?s wrath ? like many other museums, the Met faced unprecedented closure and an uncertain future.
Did The Met Gala Deliver"
Met Gala red carpet livestream. Image: Metropolitan Museum of Art
Fast forward to this year, the Met had somewhat of a comeback with its greatly anticipated ...
The post What Does The Met Gala 2022’s Record-Breaking US$17.4 Earnings Mean" appeared first on LUXUO.
The Met’s 150th anniversary in 2020. Image: Metropolitan Museum of Art
As necessary lockdowns came into place for the past two years, the world had to shut down momentarily. Galleries, museums and visitor attractions, among many other economy driving forces, were in turmoil. In April 2021, UNESCO released a report on the situation of museums across the world, in light of Covid-19. The organisation estimates 104,000 museums in the world, and in that, 43 per cent faced closures in the first quarter of 2021. And especially for smaller museums, generating income was more challenging than before.
READ MORE: Dior?s Pop-up Complex In Seoul
In 2020, when the New York City museum celebrated its 150th anniversary, it was also projecting US$150 million in lost revenue from the pandemic and had to trim off its staff by 20 per cent. Not even the iconic Metropolitan Museum of Art was exempt from the pandemic?s wrath ? like many other museums, the Met faced unprecedented closure and an uncertain future.
Did The Met Gala Deliver"
Met Gala red carpet livestream. Image: Metropolitan Museum of Art
Fast forward to this year, the Met had somewhat of a comeback with its greatly anticipated ...
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