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Investor Says Artnet Layoffs Were Necessary for ‘Financial Strength’

Investor and owner Andrew E. Wolff has publicly explained the recent layoffs at Artnet and Artsy as a necessary step for the companies' financial restructuring and future growth. He framed the cuts as part of a broader consolidation strategy, merging the US businesses and organizational structures of the two digital art platforms while keeping their brands separate.

Museum of the year finalists revealed by Art Fund

Art Fund has announced the five finalists for the Museum of the Year 2026 award, the world’s largest museum prize. The shortlist includes Norwich Castle Museum and Art Gallery, the Fitzwilliam Museum in Cambridge, The Box in Plymouth, and London’s National Gallery and V&A East Storehouse. The winner, to be announced on June 25 at the Cutty Sark, will receive £120,000, while the remaining four finalists will each be awarded £20,000.

Nominees revealed for £120,000 Art Fund Museum Of The Year prize

Art Fund has announced the five finalists for the 2026 Museum of the Year prize, the world’s largest award of its kind. The shortlist includes Norwich Castle Museum and Art Gallery, the Fitzwilliam Museum in Cambridge, The Box in Plymouth, and London’s National Gallery and V&A East Storehouse. The winner, to be announced on June 25 at the Cutty Sark, will receive £120,000, while the four runners-up will each be awarded £20,000.