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Artnet

Artnet.com is an art market website. It is operated by Artnet Worldwide Corporation, which has headquarters in New York City, New York, in the United States.[2] It is owned by Artnet AG, a German publicly traded company based in Berlin that is listed on the Frankfurt Stock Exchange.[2][3] The company increased revenues by 25.3% to 17.3 million EUR in 2015 compared with a year before.[4]

Artnet AG
Company typeStock corporation (Aktiengesellschaft)
FWB: ART
IndustryArt market
Foundedas Centrox Corporation 1989; 35 years ago (1989)
FounderPierre Sernet
Headquarters
New York, Berlin, London
Key people
Jacob Pabst (CEO)
Revenue$21,878,000[1]: ii  (2019)
OwnerArtnet AG
Number of employees
122[1]: ii  (2019)
Websiteartnet.com

Company history edit

The company was founded as Centrox Corporation in 1989 by Pierre Sernet,[5][6] a French art collector who developed database software which allowed images of artworks to be associated with market prices.[7] Hans Neuendorf, a German art dealer, began to invest in the company in the 1990s;[7] he became chairman in 1992 and chief executive officer in 1995.[5] That same year, the name was changed to Artnet Worldwide Corporation. It was taken over by Artnet AG in 1998.[8]: 14  Neuendorf's son, Jacob Pabst, became chief executive officer in July 2012.[9]

Website edit

 

Artnet operates an international research and trading platform for the art market, including works of fine art, decorative arts and design. Its services allow users to research art, contact galleries directly, and attain price transparency in the art market. The platform caters to art dealers as well as buyers.[10]

In 2008, Artnet launched the first online auctions platform exclusively for works of art.[11] In 2015, the site saw a 120% increase in new registrations, rising sell-through rates, and a notable increase in numbers of lots sold.[12]

A French version of the site, artnet.fr, was launched in October 2008. It included a French-language magazine which offers a critical overview of the art market in France.[13]

In February 2014, the company launched a 24-hour news site, Artnet News. Benjamin Genocchio, former editorial director of Louise Blouin Media, was appointed editor-in-chief.[14][15][16]

Services edit

Artnet's primary service is online auctions. The Artnet Fine Art and Design Price Database and the Artnet Decorative Art Price Database contain over 10 million auction sale results dating back to 1985 from over 1700 international auction houses.[12][4] Market value and long-term price developments of artworks can be researched online.[17]

An additional 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,[18] it is the largest network of its kind, and generates inquiries from both collectors and first-time buyers.[12]

Subscribing galleries can list works for sale on the site.[19]

Collaborations edit

In 2004, Artnet and the international auction house Sotheby's began a collaboration.[20] A collaboration with Art Basel/Art Basel Miami Beach was also launched in 2007.[21]

References edit

  1. ^ a b "Annual Report 2019" (PDF). artnet AG. (PDF) from the original on 25 July 2021. Retrieved 11 August 2020.
  2. ^ a b Georgina Adam (8 May 2015). "The Art Market: outside the white cube" 2016-07-30 at the Wayback Machine, The Financial Times. Accessed September 2015.
  3. ^ Randy Kennedy (21 June 2011), "A Resurgence in Art Buying Over the Web" 2017-04-09 at the Wayback Machine, The New York Times. Accessed September 2015.
  4. ^ a b Annual Report 2015 2017-02-15 at the Wayback Machine. Artnet AG. Accessed March 2017.
  5. ^ a b , Artnet. Archived 31 January 2009.
  6. ^ Company Overview of Artnet Worldwide Corporation 2017-06-20 at the Wayback Machine. Bloomberg L.P. Accessed September 2015.
  7. ^ a b Thomas Hüetlin, Christopher Sultan (trans.) (7 June 2012). "Online Rebellion: Dealer Tries to Liberate Art from the Elite" 2016-12-07 at the Wayback Machine, Spiegel International. Accessed September 2015.
  8. ^ Annual Report 2014 2015-09-07 at the Wayback Machine. Artnet AG. Accessed September 2015.
  9. ^ Catherine Hickley (25 June 2012). "Artnet Founder Neuendorf Cedes CEO Role to Eldest Son Pabst" 2014-06-05 at the Wayback Machine, Bloomberg L.P. Accessed September 2015.
  10. ^ "OnVista". from the original on 2015-06-01. Retrieved 2016-11-12.
  11. ^ "Annual Report 2009" (PDF). p. 14. (PDF) from the original on 2011-12-16. Retrieved 2010-05-26.
  12. ^ a b c Artnet 2017-01-26 at the Wayback Machine. Accessed March 2017.
  13. ^ "Annual Report 2009" (PDF). p. 9. (PDF) from the original on 2011-12-16. Retrieved 2010-05-26.
  14. ^ Carol Vogel (12 December 2013). "Steve McQueen Among 6 Hugo Boss Prize Finalists" 2017-06-24 at the Wayback Machine, The New York Times. Accessed September 2015.
  15. ^ [s.n.] (15 January 2014). "Benjamin Genocchio To Lead Art Net's Global Art Market Newswire: Artnet News" 2015-11-10 at the Wayback Machine, Media Wired Daily. Accessed September 2015.
  16. ^ Keith J. Kelly (11 February 2014). "Blouin Media loses staff to rival art startup" 2017-08-21 at the Wayback Machine, New York Post. Accessed September 2015.
  17. ^ Vogel, Carol (15 November 2009). "Art Prices (and Mood) Inch Back Up". The New York Times. from the original on 30 May 2013. Retrieved 26 May 2010.
  18. ^ Peake, Mike (4 October 2009). ""The 10 best visual websites"". The Times. Retrieved 26 May 2010.
  19. ^ Sapienza, Terri (3 September 2009). "Resources for Finding and Decorating with Art". The Washington Post. from the original on March 27, 2016. Retrieved 18 September 2009.
  20. ^ "Investments you can live with" CNNMoney.com. Money.cnn.com 2022-10-04 at the Wayback Machine. Retrieved 26 May 2010.
  21. ^ Liberman, Gail. "Managing your Future. How to buy art in today's market". Palm Beach Daily News, 24 January 2010.

artnet, this, article, about, dealing, website, lighting, industry, control, system, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, contains, content, t. This article is about an art dealing website For the lighting industry control system see Art Net This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view April 2020 Learn how and when to remove this template message The neutrality of this article is disputed Relevant discussion may be found on the talk page Please do not remove this message until conditions to do so are met February 2013 Learn how and when to remove this template message This article s factual accuracy is disputed Relevant discussion may be found on the talk page Please help to ensure that disputed statements are reliably sourced October 2021 Learn how and when to remove this template message Learn how and when to remove this template message Artnet com is an art market website It is operated by Artnet Worldwide Corporation which has headquarters in New York City New York in the United States 2 It is owned by Artnet AG a German publicly traded company based in Berlin that is listed on the Frankfurt Stock Exchange 2 3 The company increased revenues by 25 3 to 17 3 million EUR in 2015 compared with a year before 4 Artnet AGCompany typeStock corporation Aktiengesellschaft Traded asFWB ARTIndustryArt marketFoundedas Centrox Corporation 1989 35 years ago 1989 FounderPierre SernetHeadquartersNew York Berlin LondonKey peopleJacob Pabst CEO Revenue 21 878 000 1 ii 2019 OwnerArtnet AGNumber of employees122 1 ii 2019 Websiteartnet wbr com Contents 1 Company history 2 Website 3 Services 4 Collaborations 5 ReferencesCompany history editThe company was founded as Centrox Corporation in 1989 by Pierre Sernet 5 6 a French art collector who developed database software which allowed images of artworks to be associated with market prices 7 Hans Neuendorf a German art dealer began to invest in the company in the 1990s 7 he became chairman in 1992 and chief executive officer in 1995 5 That same year the name was changed to Artnet Worldwide Corporation It was taken over by Artnet AG in 1998 8 14 Neuendorf s son Jacob Pabst became chief executive officer in July 2012 9 Website edit nbsp Artnet operates an international research and trading platform for the art market including works of fine art decorative arts and design Its services allow users to research art contact galleries directly and attain price transparency in the art market The platform caters to art dealers as well as buyers 10 In 2008 Artnet launched the first online auctions platform exclusively for works of art 11 In 2015 the site saw a 120 increase in new registrations rising sell through rates and a notable increase in numbers of lots sold 12 A French version of the site artnet fr was launched in October 2008 It included a French language magazine which offers a critical overview of the art market in France 13 In February 2014 the company launched a 24 hour news site Artnet News Benjamin Genocchio former editorial director of Louise Blouin Media was appointed editor in chief 14 15 16 Services editArtnet s primary service is online auctions The Artnet Fine Art and Design Price Database and the Artnet Decorative Art Price Database contain over 10 million auction sale results dating back to 1985 from over 1700 international auction houses 12 4 Market value and long term price developments of artworks can be researched online 17 An additional 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 18 it is the largest network of its kind and generates inquiries from both collectors and first time buyers 12 Subscribing galleries can list works for sale on the site 19 Collaborations editIn 2004 Artnet and the international auction house Sotheby s began a collaboration 20 A collaboration with Art Basel Art Basel Miami Beach was also launched in 2007 21 References edit nbsp Wikimedia Commons has media related to Artnet a b Annual Report 2019 PDF artnet AG Archived PDF from the original on 25 July 2021 Retrieved 11 August 2020 a b Georgina Adam 8 May 2015 The Art Market outside the white cube Archived 2016 07 30 at the Wayback Machine The Financial Times Accessed September 2015 Randy Kennedy 21 June 2011 A Resurgence in Art Buying Over the Web Archived 2017 04 09 at the Wayback Machine The New York Times Accessed September 2015 a b Annual Report 2015 Archived 2017 02 15 at the Wayback Machine Artnet AG Accessed March 2017 a b About Us Fact Sheet Artnet Archived 31 January 2009 Company Overview of Artnet Worldwide Corporation Archived 2017 06 20 at the Wayback Machine Bloomberg L P Accessed September 2015 a b Thomas Huetlin Christopher Sultan trans 7 June 2012 Online Rebellion Dealer Tries to Liberate Art from the Elite Archived 2016 12 07 at the Wayback Machine Spiegel International Accessed September 2015 Annual Report 2014 Archived 2015 09 07 at the Wayback Machine Artnet AG Accessed September 2015 Catherine Hickley 25 June 2012 Artnet Founder Neuendorf Cedes CEO Role to Eldest Son Pabst Archived 2014 06 05 at the Wayback Machine Bloomberg L P Accessed September 2015 OnVista Archived from the original on 2015 06 01 Retrieved 2016 11 12 Annual Report 2009 PDF p 14 Archived PDF from the original on 2011 12 16 Retrieved 2010 05 26 a b c Artnet Archived 2017 01 26 at the Wayback Machine Accessed March 2017 Annual Report 2009 PDF p 9 Archived PDF from the original on 2011 12 16 Retrieved 2010 05 26 Carol Vogel 12 December 2013 Steve McQueen Among 6 Hugo Boss Prize Finalists Archived 2017 06 24 at the Wayback Machine 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 Archived 2017 08 21 at the Wayback Machine New York Post Accessed September 2015 Vogel Carol 15 November 2009 Art Prices and Mood Inch Back Up The New York Times Archived from the original on 30 May 2013 Retrieved 26 May 2010 Peake Mike 4 October 2009 The 10 best visual websites The Times Retrieved 26 May 2010 Sapienza Terri 3 September 2009 Resources for Finding and Decorating with Art The Washington Post Archived from the original on March 27 2016 Retrieved 18 September 2009 Investments you can live with CNNMoney com Money cnn com Archived 2022 10 04 at the Wayback Machine Retrieved 26 May 2010 Liberman Gail Managing your Future How to buy art in today s market Palm Beach Daily News 24 January 2010 Retrieved from https en wikipedia org w index php title Artnet amp oldid 1204926663, wikipedia, wiki, book, books, library,

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