History
artnet has grown from a pure information service provider to a transaction platform for art trading, and it will continue on this path.
2013: artnet Insights was launched, a new resource center that educates users about how to value, buy, and sell art. This section of the site gives greater exposure to artnet clients, and provides one with the tools necessary to understand the art world and the art market. artnet Auction House Partnerships also launched, and provides a way for auction houses around the world to gain exposure for their auctions while showcasing important works to artnet’s global community.
2012: Jacob Pabst is appointed Chairman and CEO of artnet.
2011: The beta version of artnet Analytics Reports was launched in December 2011. artnet also updated the Market Alert product with new subscription types and the addition of auction results.
2010: artnet launched a free iPhone App, new platform for artnet Auctions, artnet Price Database, artnet Artists A–Z, and artnet Magazine.
2009: artnet launched the new Price Database Decorative Art.
2008: artnet Auctions was launched, a platform for direct online trading in Fine Art and Design. artnet France sarl was also established as a wholly-owned subsidiary of Artnet Worldwide Corporation, which has since performed sales and customer service for artnet in France, and also publishes a French artnet Magazine on artnet.fr.
2007: Since February 1, 2007, artnet AG has been listed in the Prime Standard segment of the Frankfurt Stock Exchange, providing high levels of transparency. On November 1, artnet UK Ltd. was founded as a wholly owned subsidiary of Artnet Worldwide Corporation focusing on sales and customer service in the United Kingdom.
2004: Because of the growing demand for artnet services in Europe, artnet launched the German language website and magazine and moved offices to Berlin from Frankfurt.
2002: artnet.com AG changed its name to artnet AG and left the New Market on October 4, 2002 to be listed on the Regulated Market of the Frankfurt Stock Exchange.
1998: artnet.com AG was established in Frankfurt under the laws of the Federal Republic of Germany, and Artnet Worldwide Corporation was merged into the company as a wholly owned subsidiary. In 1999, the company was listed on the New Market of the Frankfurt Stock Exchange.
1995: Hans Neuendorf is appointed CEO of artnet. artnet launched the Price Database on the Internet and founded artnet Galleries, a publicly accessible online platform for international art trade. artnet Magazine also launched in 1995 in New York, and has provided independent background information and expert analysis of the art market to a wide range of readers, building an independent reputation.
1990: A group of investors and art professionals, including Hans Neuendorf, joins the board; Neuendorf becomes the main shareholder in 1992.
1989: artnet was founded as a service provider for the professional art world in New York. Already at that time, the art business was international but conducted locally, by thousands of geographically distributed art dealers, galleries, auction houses, book publishers, museums, and collectors in a relatively inefficient way. To improve this situation, artnet–under the name Artnet Worldwide Corporation–developed its first product, the artnet Price Database, for auction results.
