Early 2022 strong with a strengthened management team

Early 2022 strong with a strengthened management team

– Alanna Lynch joins as COO, Quentin Rider joins as CTO

– Albert Neuendorf joins the management team as Chief Strategy Officer

– Launched the complete technological reconstruction of Artnet’s price database

BERLIN & NEW YORK, 03 February 2022–(BUSINESS WIRE)–Artnet AG, the leading art market data and media platform and global marketplace for online-only art sales, kicks off the year with an expanded management team. CEO Jacob Pabst is joined by Alanna Lynch as chief operating officer, Quentin Rider as chief technology officer and Albert Neuendorf as chief strategy officer. Mr. Neuendorf was responsible for the strategy of Artnet AG for a while and now joins the management team as Chief Strategy Officer. Together, they will seek to accelerate Artnet’s growth and development, with a focus on realizing the unique synergies that exist between Artnet’s core segments of data, media and marketplace, creating a fully integrated online ecosystem for the modern art market.

In 2022, Artnet will invest heavily in its technology, data and market experience. A complete rebuild of the pricing database will create a whole new user experience and lay the foundation for an industry transformation in data accessibility. Partnerships with Artfacts as well as the renowned Humboldt University of Berlin, along with artificial intelligence, will offer predictive technology to collectors, advisors, auction houses, as well as banks and family offices. The development schedule calls for a final product by the end of the year.

Expansion of Artnet News and Artnet News Pro is also planned for 2022, following luxury advertising growth of 29% through Q3 2021. Leveraging Artnet data and analytics with the Data Science team, the news platform will be rebuilt and optimized resulting in big increases in its user experience and SEO With over 100 million page views in 2021, Artnet News has become the dominant news vertical , with greater reach than the next four content providers combined.

Artnet ended 2021 as its best performance ever. A pioneer in the digitization of the art industry, Artnet’s global, highly organized and data-driven platform is essential to supporting the continued growth of the art market. Artnet has successfully executed major projects over the past year, driving innovation in the art market and strengthening its position as the world’s leading marketplace and independent provider of data and information. As an online platform, Artnet has continued its strong commitments to the environment, sustainability and accessibility, recently joining Deutsche Börse’s new ESG Visibility Center, alongside companies such as Siemens Energy and Lufthansa AG.

About Artnet

Artnet boasts an unprecedented 60 million unique users each year, making it the world’s largest fine art platform. Founded in 1989, Artnet revolutionized the way people discover, research and collect art today. Artnet’s market data is an essential resource for the art industry, encompassing over 15 million auction results and AI and ML-based analytics, providing a level of transparency and insight. unequaled in the art market. Artnet’s Marketplace connects leading galleries and auction houses to our global audience, offering a curated selection of over 250,000 works of art for sale worldwide. Artnet Auctions, the pioneering online-only auction platform, offers unprecedented reach, liquidity and efficiency. Artnet News covers the events, trends and people shaping the global art market with up-to-the-minute analysis and expert commentary. It is the most widely read news publication in the fine arts industry, with a rapidly growing and dedicated following. Together, Artnet’s extensive synergistic product offering provides a comprehensive ecosystem that drives and informs the modern art market.

Artnet AG is listed on the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest standards of transparency. The majority of operations are based in New York at its wholly-owned subsidiary, Artnet Worldwide Corporation, a New York-based entity founded in 1989. Artnet Worldwide Corp. has a London-based subsidiary, Artnet UK Ltd.

Other news and publications related to investor relations can be found here: http://www.artnet.com/investor-relations/

ISIN: DE000A1K0375
LEI: 391200SHGPEDTRIC0X31
Contact: Sophie Neuendorf Vice-president

Language:

English

Society:

artnet SA

Oranienstraße 164

10969Berlin

Germany

Call:

+49 (0)30 20 91 78 -0

Fax:

+49 (0)30 20 91 78 -29

E-mail:

[email protected]

The Internet:

www.artnet.de

IS IN:

DE000A1K0375

WKN:

A1K037

Listed:

Regulated Market in Frankfurt (Prime Standard); Unofficial regulated market in Berlin, Düsseldorf, Stuttgart, Tradegate Exchange

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220203005404/en/

contacts

Jacob Pabst
Tel:030 20 91 78 20
Email: [email protected]

Sophie Neuendorf
Email: [email protected]

Comments are closed.