Skates Art Market Research has a new report out today that analyzes a recent financial disclosure by online data and auction house Artnet, which notes that the company’s cash on hand has dropped from $2.7 million, at the beginning of this year, to $901,000.
Last Thursday evening, as the New York art world prepared for its annual August hibernation, people spilled in and out of the Haunch of Venison gallery on West 21st Street, a few feet from the West Side Highway, for one of the season’s last group shows. The opening reception for “Claxons,” an exhibition organized by Walter Robinson, the editor of Artnet magazine until last month, was underway.
On Monday afternoon, the Artnet magazine Twitter feed was unusually somber. For years, the feed has been a reliable, go-to source for breaking news stories with actual relevance (not always a given in art journalism), but on that day the final post featured an Instagram photo of Lower Manhattan. “Goodbye beautiful Woolworth Building views,” Read More
Artnet magazine, an online publication that has served as the journalistic arm of the German-based tech company by that name, will cease publication today, after 16 years as a leading voice in the field of arts journalism.
Hans Neuendorf, who has served as CEO of Artnet AG since 1995, resigned his position today. He will be replaced by his son Jacob Pabst.
Next month, the art world data service and journalism outlet Artnet will move from its current space at 61 Broadway, overlooking glamorous Zuccotti Park, to the Woolworth Building. The company plans to move into the 26th floor by April 16, leaving a space they’ve occupied for 12 years.