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Gallery Powerhouse Blum Will Lay Off Staff And Close, Citing Market Downturn

Summary by ArtNet
Founded as Blum and Poe in 1994 in Santa Monica, Calif., by Tim Blum and Jeff Poe, the gallery represents some of the most high profile, and expensive, artists working today, including Yoshitomo Nara and Mark Grotjahn, whose artworks have traded for more than $10 million. – Artnet
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ArtNet broke the news in on Thursday, July 3, 2025.
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