Tate Modern Announces Long-Term Sponsorship from Hyundai

January 20th, 2014

Tate director Nicholas Serota, culture secretary Maria Miller and Euisun Chung, vice-chairman of Hyundai, via The GuardianThe Tate Modern has signed a landmark sponsorship deal with the Hyundai Automobile Corporation, an 11-year commitment to commissions for the museum’s Turbine Hall, making it the largest corporate partnership the organization has ever agreed to.  “These commissions have been reflecting major steps, major transformations, major disruptions in the history of contemporary art,” says Tate Modern Director Chris Dercon. “Contemporary art is evolving in a different way than just materials and methods. We are faced with a global world of art.”Read more at The Guardian