Ax Swings Following Artsy/Artnet Consolidation as Top Reporters Are Laid Off

Major layoffs have hit Artnet and Artsy following their consolidation under the UK-based investment firm Beowolff Capital. The staff reductions occurred just one day after the merger announcement and include the departure of veteran Artnet News reporters Sarah Cascone and Eileen Kinsella, who both served the publication for over a decade. As part of the restructuring, Artnet will also shutter its German entity, while Andrew Russeth has been tapped to serve as interim editor.

Beowolff Combines Artsy and Artnet in Digital Art Market Push

Beowolff Capital has consolidated two of the art world’s digital giants, Artsy and Artnet, under a single ownership structure. While both platforms will maintain their distinct brand identities, they will begin integrating their underlying infrastructure and data systems. Jeffrey Yin, the current leader of Artsy, will take the helm as CEO of the combined entity, with Beowolff founder Andrew Wolff serving as chairman.

Artnet and Artsy Come Together Under Shared Leadership

Artnet and Artsy, two of the most influential digital platforms in the art world, have merged under a single leadership structure following a series of acquisitions by Beowolff Capital. Jeffrey Yin has been appointed CEO of the unified company, while Beowolff founder Andrew Wolff will serve as chairman. Despite the shared management, both entities will maintain their distinct branding, with Artnet focusing on market data and journalism while Artsy continues its emphasis on art discovery and e-commerce.

Bob Ross paintings will go on view at Bonhams New York.

Four original paintings by the late American television personality Bob Ross are set to go on view at Bonhams’ new U.S. flagship gallery in New York on April 22nd. These works, which Ross created during his iconic series The Joy of Painting, will be sold at the auction house's American Art sale the following day. This event marks the third installment of a larger initiative to sell 30 of Ross's works to benefit public broadcasting.

We had to make difficult decisions

"Wir mussten schwierige Entscheidungen treffen"

Investor Andrew E. Wolff has stepped down as CEO of Artnet after orchestrating a merger of the company's US operations with Artsy, another major art market platform he recently acquired. Jeffrey Yin, previously the interim head of Artsy, has been appointed as the permanent CEO of the combined entity. The restructuring involves significant layoffs, the closure of Artnet's Berlin office, and a consolidation of management teams, though both brands will continue to operate with distinct editorial voices.

Artnet and Artsy Announce They’re ‘Joining Forces’ Under Shared Leadership

Artnet and Artsy have announced a strategic merger under a single leadership structure following their acquisition by Beowolff Capital. While both platforms will maintain their distinct brand identities and websites, they will now operate as a combined organization led by Artsy CEO Jeffrey Yin, with Beowolff Capital founder Andrew Wolff serving as chairman. The move aims to integrate Artnet’s industry-leading price database and journalism with Artsy’s expansive e-commerce and discovery marketplace.

Diane Keaton artworks and personal collection will go to auction.

The personal art collection and belongings of the late actor and style icon Diane Keaton will be sold at auction this June. Bonhams, in partnership with The Fine Art Group, will conduct the sales under the title "Diane Keaton: The Architecture of an Icon" across four events in New York and Los Angeles.

Inside Sotheby’s Latest Financial Maneuvers

Sotheby's is under financial scrutiny due to two key developments. A New York real estate broker has filed a $10.2 million lawsuit against the auction house over commissions from the sale of its former Manhattan headquarters, a claim Sotheby's disputes. Concurrently, the company has launched a new delayed-payment program for clients, raising questions about its liquidity.

The Rapprochement Between Artnet and Artsy Takes Shape

Le rapprochement entre Artnet et Artsy prend corps

Artnet and Artsy, two major online art market platforms, have announced a strategic merger under the common ownership of British investment fund Beowolff Capital. The companies will retain their distinct brands and websites but will be led by a unified management team, with Artsy's CEO Jeffrey Yin taking the helm. The consolidation has already resulted in dozens of job cuts, particularly at Artnet News, and follows a period of economic strain for Artnet, which reported a 12% revenue drop in the first half of 2025.

David Hockney | THE DOG SHOW (ca. 1990) | Available for Sale

An authorized David Hockney exhibition poster titled "THE DOG SHOW" (ca. 1990) has been made available for sale through MK Contemporary Ltd via the Artsy platform. The work is an offset lithograph measuring approximately 28 by 19 inches and features Hockney's signature aesthetic, including his distinct handwriting and playful use of shadows and light.