Deutsche Guggenheim via Artnet
After 14 years of collaborative exhibitions, Deutsche Bank and the Solomon R. Guggenheim Foundation are set to re-envision the current Deutsche Guggenheim contemporary art space as a place for political and corporate conferences. The decision was announced via email, by stating that the joint contract expires at the end of this year. Comments by Deutsche Bank’s CEO Josef Ackermann and Guggenheim Museum and Foundation Director Richard Armstrong confirmed the conceptual departure.
Sharon Hayes, In the Near Future (London) – detail, (2008), Now on view at Deutsche Guggenheim’s ‘Lost in Translation’ exhibition, via Deutsche Guggenheim
As it stands, Deutsche Guggenheim hosts four exhibitions a year, additionally commissioning international showcases by contemporary artists such as Indian-born Anish Kapoor, South African William Kentridge, Americans Jeff Koons and Bill Viola, Canadian Jeff Wall, and British Rachel Whiteread. The space in Berlin boasts a total of 1.8 million visitors overall, with German artists such as Gerhard Richter in its individual collection. Deutsche Bank internationally has the largest art collection of any one company worldwide, comprised of more than 56,000 artworks, emphasizing contemporary works on paper.