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| Gen Art Folds, a Victim of Recession |
| Gen Art Folds, a Victim of Recession |
| May 6, 2010 |
By MELENA RYZIK
After 16 years of presenting film,art, fashion, music and parties, Gen Art, a showcase devoted to young talent and young audiences with branches in New York, Los Angeles and Chicago, has folded, a victim of the financial downturn. "After struggling for the past 18 months since the economic crisis, Gen Art has finally succumbed to the recession," its founders, the brothers Ian and Stefan Gerard, wrote in a letter sent out late Wednesday and posted on the Gen Art Web site. "We have now halted all operations, have let go all of our amazing staff, and shuttered the business," they wrote, adding that they hoped that Gen Art "in some small way was as close to your heart as it was ours."
For complete article please visit link below |
| LINK :- http://artsbeat.blogs.nytimes.com/2010/05/06/gen-art-folds-a-victim-of-recession/ |
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