Artnet.com is an art market website. It is operated by Artnet
Worldwide Corporation, which has headquarters in New York City, in the
United States, and is owned by
Artnet AG, a German publicly traded
company based in
Berlin that is listed on the Frankfurt Stock
Exchange. The company increased revenues by 24.3% to 17.3
million EUR in 2015 compared with a year before.
1 Company history
The company was founded as Centrox Corporation in 1989 by Pierre
Sernet, a French collector who developed database software which
allowed images of artworks to be associated with market prices.
Hans Neuendorf, a German art dealer, began to invest in the company in
the 1990s; he became chairman in 1992 and chief executive officer
in 1995. In the same year the name was changed to
Corporation. It was taken over by
Artnet AG in 1998.:14 Neuendorf's
son Jacob Pabst became chief executive officer in July 2012.
Artnet operates an international research and trading platform for the
art market, including works of fine art, decorative arts and design.
It provides services that promote accessibility, allowing users to
research art, contact galleries directly, and to attain price
transparency in the art market. The platform caters specifically to
art dealers, as well as buyers.
Artnet launched the first online auctions platform
exclusively for works of art. In 2015, artnet saw a 120% increase
in new registrations, rising sell-through rates and a notable increase
in numbers of lots sold.
In October 2008,
Artnet launched a French website, artnet.fr. It also
included a French language magazine which offers a critical overview
of the French art market.
In February 2014 the company launched
Artnet News, a 24-hour news
site. Benjamin Genocchio, former editorial director of Louise Blouin
Media, was appointed editor-in-chief. It has become the
most read and influential art news platform in the world, with visits
to articles doubling in 2015 compared with the previous year. In
Benjamin Genocchio was accused by multiple women of
sexual harassment, primarily originating during his time as
editor-in-chief at Artnet.
The primary service of this business is
Artnet online auctions. The
Artnet Fine Art and
Design Price Database and the
Art Price Database contain over 10 million auction sale results dating
back to 1985 from over 1700 international auction houses,
making it the most comprehensive database of fine art prices. Market
value and long-term price developments of artworks can be researched
An additional key product is the
Artnet online Gallery Network, an
online platform that connects galleries and collectors from around the
world. With over 35,000 artists and 2,200 international galleries
worldwide, it is the largest network of its kind, drawing a broad
audience and generating inquiries from both serious collectors and
first-time buyers. Collectors are able to search by artist,
movement and medium and can contact sellers directly.
This range of services is completed by alerts by email of newly
available artworks, online auctions, a digital library of artist works
catalogues, analytics reports, and an international exhibition
calendar, among other services.
Artnet and the international auction house
their collaboration. The close collaboration between
Art Basel Miami Beach started in 2007.
partners with a large number of the world's leading art fairs.
Wikidata has the property:
Artnet artist ID (P3782) (see talk; uses)
^ a b c Annual Report 2014.
Artnet AG. Accessed September 2015.
^ a b Georgina Adam (8 May 2015). "The Art Market: outside the white
cube", The Financial Times. Accessed September 2015.
^ Randy Kennedy (21 June 2011), "A Resurgence in Art Buying Over the
Web", The New York Times. Accessed September 2015.
^ a b c Annual Report 2015.
Artnet AG. Accessed March 2017.
^ a b "About Us: Fact Sheet", Artnet. Archived 31 January 2009.
^ Company Overview of
Artnet Worldwide Corporation. Bloomberg L.P.
Accessed September 2015.
^ a b Thomas Hüetlin, Christopher Sultan (trans.) (7 June 2012).
"Online Rebellion: Dealer Tries to Liberate Art from the Elite",
Spiegel International. Accessed September 2015.
^ Catherine Hickley (25 June 2012). "
Artnet Founder Neuendorf Cedes
CEO Role to Eldest Son Pabst", Bloomberg L.P. Accessed September 2015.
^ "Annual Report 2009, p. 14" (PDF).
^ a b c Artnet. Accessed March 2017.
^ "Annual Report 2009, p. 9" (PDF).
^ Carol Vogel (12 December 2013). "Steve McQueen Among 6 Hugo Boss
Prize Finalists", The New York Times. Accessed September 2015.
^ [s.n.] (15 January 2014). "
Benjamin Genocchio To Lead Art Net's
Global Art Market Newswire:
Artnet News" Archived 2015-11-10 at the
Wayback Machine., Media Wired Daily. Accessed September 2015.
^ Keith J. Kelly (11 February 2014). "Blouin Media loses staff to
rival art startup", New York Post. Accessed September 2015.
^ Robin Pogrebin (08 November 2017)."Art Fair Director Replaced After
Being Accused of Sex Harassment", The New York Times. Accessed
^ Vogel, Carol. "Art Prices (and Mood) Inch Back Up", The New York
Times. 15 November 2009. Nytimes.com Retrieved 26 May 2010.
^ Peake, Mike. "The 10 best visual websites", The Times, 4 October
2009. Retrieved 26 May 2010.
^ Sapienza, Terri. "Resources for Finding and Decorating with Art",
The Washington Post, 18 September 2009.
^ "Investments you can live with" CNNMoney.com. Money.cnn.com.
Retrieved 26 May 2010.
^ Liberman, Gail. "Managing your Future. How to buy art in today's
market". Palm Beach Daily News, 24 January 2010.
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