The Economist reports that the Damien Hirst show, opening April 4 at the Tate Modern, “was meant to travel to the Museum of Contemporary Art (MOCA) in Los Angeles, but it has been put on indefinite hold because the show is so expensive.”
Whether you think Hirst is where MOCA should be going or not, this report is further evidence of renewed cash-flow issues. The land art show, “Ends of the Earth,” was recently deferred seven weeks “to raise additional funds for the exhibition.”
Ironically, the Tate show includes Hirst’s For the Love of God, the diamond-encrusted skull offered for 50 million pounds—and sold to a mysterious cartel that was outed as Hirst, his accountant, and his dealer. The skull is said to critique the belief system of capitalism.
Reports The Economist, “Works such as Mr Hirst’s famous shark (ie, “The Physical Impossibility of Death in the Mind of Someone Living” from 1991, pictured) take at least six technicians and a full seven days to install. The price of crating, shipping, installing and insuring Mr Hirst’s works exceeds MoCA’s entire annual exhibition budget of $3m—a sum donated by Eli Broad…”
Still on the MOCA schedule: James Franco.
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