Milton Esterow, the owner of the 112-year-old art magazine ARTnews since 1972, has sold the publication to the Russian art market analyst and investment banker Sergey Skaterschikov. The deal was finalized earlier this morning. The magazine was bought by Mr. Skaterschikov, through his investment vehicle Skate Capital, for an undisclosed sum. Read More
As you may have already noticed, Ben Genocchio’s new Artnet News officially launched today and is available for your perusal at news.artnet.com.
Billed as “a 24-hour global news site for the art world” in The New York Times, the site sports a clean design and a healthy number of news features, both aggregated and original. Read More
Last month, when the art world went into holiday mode with everyone else, big changes were afoot over at Louise Blouin Media, a fiefdom of art media that owns the magazines Art + Auction and Modern Painters, as well as the website BlouinArtinfo.com
Ms. Blouin, the company’s Canadian-born owner, let go the publisher and associate Read More
Blouin Media, Publisher of Art+Auction and Modern Painters, Terminates Most International Freelance Contracts
On Wednesday, Dec. 4, the heads of the international bureaus of Blouin Artinfo received an email from Louise Blouin Media Vice Chairman Bruce Ferguson, who joined the company in September and whom many of the editors had not met.
“LB MEDIA is in the process of re-structuring its editorial bureaus in order to respond to new contingencies,” the email read. “As a result, for the bureau and its site only, and effective immediately, there will be one bureau chief – you – and one translator only, of your choosing, only for the site. You will choose the translator who is expected to produce 10,000 words per week. Other contracts will be honored with payments until today only. A discussion of a budget for free-lance writers will occur in the near future. Thank you for your attention to this matter.”
Louise Blouin, Chairman and CEO of Louise Blouin Media, announced today that the company will launch a Brazilian edition of its Blouin Artinfo website.
The company says that it is the ninth international edition of the website and has hired Fernando Hugo Pinheiro, a former Yahoo executive, to head the project.
The full release follows: Read More