artnet (ART)

Business description

artnet is an online business offering an integrated range of information and transaction services in the fine art, design, and decorative art markets. It has four divisions; Price Database, Galleries, Auctions and Advertising.

For art's sake

Update | Media | 22/05/2015

The online element of the international fine art market has continued to appreciate in Q115, despite a duller auction market, and artnet’s News platform has been building on the higher levels of interest. Revenues from advertising are growing strongly, with the relevant content and inventory attracting global luxury brands. Improvements to the user experience, with greater flexibility and personalisation, have yet to come through fully in the results from the other segments. With a more favourable currency position, we anticipate the group returning to profit in the current year.

Tagged: Media

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