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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, 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 25.3% to 17.3 million EUR in 2015 compared with a year before. 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. That same year, the name was changed to Artnet Worldwide Corporation. It was taken over by Artnet AG in 1998. Neuendorf's son, Jacob Pabst, became chief executive officer in July 2012. Website Artnet operates an international research and trading platform for ...
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Sotheby's
Sotheby's () is a British-founded American multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK. Sotheby's was established on 11 March 1744 in London by Samuel Baker, a bookseller. In 1767 the firm became Baker & Leigh, after George Leigh became a partner, and was renamed to Leigh and Sotheby in 1778 after Baker's death when Leigh's nephew, John Sotheby, inherited Leigh's share. Other former names include: Leigh, Sotheby and Wilkinson; Sotheby, Wilkinson and Hodge (1864–1924); Sotheby and Company (1924–83); Mssrs Sotheby; Sotheby & Wilkinson; Sotheby Mak van Waay; and Sotheby's & Co. The American holding company was initially incorporated in August 1983 in Michigan as Sotheby's Holdings, Inc. In June 2006, it was reincorporated in the State of Delaware and was renamed Sotheby's. In Ju ...
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Benjamin Genocchio
Benjamin Genocchio (born 1969) is an Australian art critic and non-fiction writer. Since October 2019 he has been director-at-large for Shoshana Wayne in Los Angeles and New York. He worked as an art critic for ''The New York Times'', and then as editor-in-chief of ''Art+Auction'' magazine, ''Modern Painters'' magazine and the website "artinfo.com". He was director of the Armory Show until November 2017, when he was ousted following allegations of sexual harassment, which he denied. He was previously editor-in-chief of ''Artnet News'', where he also faced accusations of sexual harassment. Family and education Genocchio was born in Sydney, New South Wales, in 1969, the second of four sons of an Italian father, Giorgio, who worked on a cruise ship, and an Australian mother, Jennifer. Genocchio grew up in Lane Cove and attended Newington College from 1981 to 1986. As a youth he had a short attention span and a low boredom threshold, traits he says led him to become an art critic. ...
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Hans Neuendorf
Hans Neuendorf (born 1937) is a German entrepreneur and art dealer. Biography Neuendorf was born in 1937 and grew up during World War II. He started in the art business as a teenager, later hosting the first art pop exhibition in Germany. He founded Artnet, a database of art prices, which became the first art site to go online in 1989. In 2012, he handed over the role of chief executive of the business to his son, Jacob Pabst. Three off his sons and daughter Sophie are also involved in the company, serving as vice president. Neuendorf became involved in the industry when he traveled to France in the 1960s. Neuendorf has cited his favourite art as Cy Twombly. Artnet has also formed partnerships with Sothebys Sotheby's () is a British-founded American multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and .... Its sister projec ...
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Auction Houses
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, and m ...
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Art Basel
Art Basel is a for-profit, privately owned and managed, international art fair staged annually in Basel, Switzerland; Miami Beach; Hong Kong and from 2022, Paris. Art Basel works in collaboration with the host city's local institutions to help grow and develop art programs. While Art Basel provides a platform for galleries to show and sell their work to buyers, it has gained a large international audience of art spectators and students as well. History Basel, Switzerland Art Basel was started in 1970 by Basel gallerists Ernst Beyeler, Trudl Bruckner and Balz Hilt. In its inaugural year, the Basel show attracted more than 16,000 visitors who viewed work presented by 90 galleries from ten countries. Thirty art publishers also participated. By 1975, five years after its founding, the Basel show reached almost 300 exhibitors. The participating galleries came from 21 countries, attracting 37,000 visitors. Under the stewardship of Marc Spiegler, the 2019 show in Basel attracted 93,0 ...
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Art Market
The art market is the marketplace of buyers and sellers trading in commodities, services, and works of art. The art market operates in an economic model that considers more than supply and demand: it is a hybrid type of prediction market where art is bought and sold for values based not only on a work's perceived cultural value, but on both its past monetary value as well as its predicted future value. The market has been described as one where producers don't make work primarily for sale, where buyers often have no idea of the value of what they buy, and where middlemen routinely claim reimbursement for sales of things they have never seen to buyers they have never dealt with.Plattner, StuartA Most Ingenious Paradox: The Market for Contemporary Fine Art ''American Anthropologist'' 100(2):482-493, 1998. Moreover, the market is not transparent; private sales data is not systematically available, and private sales represent about half of market transactions. Economics Unlike the vo ...
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Louise Blouin Media
Louise Blouin Media is an art magazine and book publishing company based in New York City. Founded by Louise Blouin,. Archived March 18, 2006. it publishes the magazines ''Art+Auction'', ''Gallery Guide'' and ''Modern Painters''. It owns , a French art book publisher, and the databases Art Sales Index and Gordon's. Artinfo.com was launched in 2005 and later changed to blouinartinfo.com, which is now defunct. History LTB Holding Ltd. was set up in 2001 by Louise Blouin. Louise Blouin Media was started in 2003. A website, artinfo.com, was launched in 2005 Archived December 8, 2010. and later changed to blouinartinfo.com. It has regional editions in Australia, Canada, China, Germany, Hong Kong, Brazil, India, Russia and the United Kingdom.Dan Duray (April 13, 2012)Louise Blouin Announces Blouin Artinfo Brazil. Gallerist. Retrieved August 2013. The company acquired or started the ''Art & Auction'', ''Gallery Guide'', ''Museums'', ''Culture+Travel'' and ''Modern Painters'' magazine ...
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Art Gallery
An art gallery is a room or a building in which visual art is displayed. In Western cultures from the mid-15th century, a gallery was any long, narrow covered passage along a wall, first used in the sense of a place for art in the 1590s. The long gallery in Elizabethan and Jacobean houses served many purposes including the display of art. Historically, art is displayed as evidence of status and wealth, and for religious art as objects of ritual or the depiction of narratives. The first galleries were in the palaces of the aristocracy, or in churches. As art collections grew, buildings became dedicated to art, becoming the first art museums. Among the modern reasons art may be displayed are aesthetic enjoyment, education, historic preservation, or for marketing purposes. The term is used to refer to establishments with distinct social and economic functions, both public and private. Institutions that preserve a permanent collection may be called either "gallery of art" or "museum ...
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Companies Based In New York City
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Berlin
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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CNNMoney
CNN Business (formerly CNN Money) is a financial news and information website, operated by CNN. The website was originally formed as a joint venture between CNN.com and Time Warner's ''Fortune'' and ''Money'' magazines. Since the spin-off of Time Warner's publishing assets as Time Inc. (and their subsequent sale to Meredith Corporation and later, to IAC's Dotdash), the site has since operated as an affiliate of CNN. History CNN Money launched in 2001, replacing CNNfn's website. Time Warner had also announced an intention to relaunch the CNNfn television network under the CNN Money moniker, but those plans were apparently scrapped. Prior to June 2014, the website was operated as a joint venture between CNN and two Time Warner-published business magazines; ''Fortune'' and ''Money''. In June 2014, Time Warner's publishing assets were spun-out as Time Inc.; as a result, all three properties launched separate web presences, and CNN Money introduced a new logo that removed the wordma ...
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The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal ...
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