Artnet
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Artnet.com is an art market website. It is operated by Artnet Worldwide Corporation, which has headquarters in New York City.[1]Template:R/superscript It is owned by Artnet AG, a German publicly traded company based in Berlin that is listed on the Frankfurt Stock Exchange.[1]Template:R/superscript[2]Template:R/superscript The company increased revenues by 25.3% to €17.3 million in 2015 compared with a year before.[3]Template:R/superscript
Company history
The company was founded as Centrox Corporation in 1989 by Pierre Sernet,[4]Template:R/superscript[5]Template:R/superscript a French art collector who developed database software which allowed images of artworks to be associated with market prices.[6]Template:R/superscript Hans Neuendorf, a German art dealer, began to invest in the company in the 1990s;[6]Template:R/superscript he became chairman in 1992 and chief executive officer in 1995.[4]Template:R/superscript That same year, the name was changed to Artnet Worldwide Corporation. It was taken over by Artnet AG in 1998.[7]Template:R/superscript Neuendorf's son, Jacob Pabst, became chief executive officer in July 2012.[8]Template:R/superscript
Website
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.[9]
In 2008, Artnet launched the first online auctions platform exclusively for works of art.[10] In 2015, the site saw a 120% increase in new registrations, rising sell-through rates, and a notable increase in numbers of lots sold.[11]Template:R/superscript
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.[12]
In February 2014, the company launched a website, Artnet News. Benjamin Genocchio, former editorial director of Louise Blouin Media, was appointed editor-in-chief.[13]Template:R/superscript[14]Template:R/superscript
Services
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.[11]Template:R/superscript[3]Template:R/superscript Market value and long-term price developments of artworks can be researched online.[15]
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,[16] it is the largest network of its kind, and generates inquiries from both collectors and first-time buyers.[11]Template:R/superscript
Subscribing galleries can list works for sale on the site.[17]
Collaborations
In 2004, Artnet and the international auction house Sotheby's began a collaboration.[18] A collaboration with Art Basel/Art Basel Miami Beach was also launched in 2007.[19]
References
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- ↑ a b Georgina Adam (8 May 2015). "The Art Market: outside the white cube" Script error: No such module "webarchive"., The Financial Times. Accessed September 2015.
- ↑ Randy Kennedy (21 June 2011), "A Resurgence in Art Buying Over the Web" Script error: No such module "webarchive"., The New York Times. Accessed September 2015.
- ↑ a b Annual Report 2015 Script error: No such module "webarchive".. Artnet AG. Accessed March 2017.
- ↑ a b "About Us: Fact Sheet", Artnet. Archived 31 January 2009.
- ↑ Company Overview of Artnet Worldwide Corporation Script error: No such module "webarchive".. 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" Script error: No such module "webarchive"., Spiegel International. Accessed September 2015.
- ↑ Annual Report 2014 Script error: No such module "webarchive".. Artnet AG. Accessed September 2015.
- ↑ Catherine Hickley (25 June 2012). "Artnet Founder Neuendorf Cedes CEO Role to Eldest Son Pabst" Script error: No such module "webarchive"., Bloomberg L.P. Accessed September 2015.
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ a b c Artnet Script error: No such module "webarchive".. Accessed March 2017.
- ↑ Script error: No such module "citation/CS1".
- ↑ Carol Vogel (12 December 2013). "Steve McQueen Among 6 Hugo Boss Prize Finalists" Script error: No such module "webarchive"., 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" Script error: No such module "webarchive"., Media Wired Daily. Accessed September 2015.
- ↑ Script error: No such module "citation/CS1".
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- ↑ Script error: No such module "citation/CS1".
- ↑ "Investments you can live with" CNNMoney.com. Money.cnn.com Script error: No such module "webarchive".. 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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