Art Movements: Dozens Laid Off at Artnet and Artsy

Digital art giants Artnet and Artsy have implemented significant layoffs following their recent merger under the investment firm Beowolff Capital. The cuts, which occurred on April 16, impacted dozens of employees across both organizations, including senior editorial staff such as Sarah Cascone and Eileen Kinsella. The restructuring follows a reported 12% revenue decline for Artnet in early 2025 and involves the shutdown of Artnet's German entity as the two companies consolidate into a single team led by CEO Jeffrey Yin.

Prominent German Art Foundation Accuses Top Culture Official of ‘Attempted Intimidation’

Jurors from the Kunstfonds Foundation, a major German contemporary art funding body, have accused Minister of State for Culture Wolfram Weimer of attempted intimidation and political interference. The conflict erupted after Weimer requested the names of the independent jury members, a move the foundation views as a threat to artistic freedom. This follows a separate controversy where Weimer reportedly consulted domestic intelligence to exclude bookstores with left-wing leanings from a national award.

Artnet Makes Significant Layoffs Following Consolidation with Artsy

Artnet has implemented sweeping layoffs following its consolidation with Artsy under a single leadership team led by CEO Jeffrey Yin. The cuts have severely impacted Artnet News, resulting in the departure of veteran senior reporters Sarah Cascone and Eileen Kinsella, while Andrew Russeth has been named interim editor. Additionally, Artnet’s German entity is being wound down, affecting the Berlin-based team responsible for the platform's online sales operations.

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.

Paris Internationale in Milan

Paris Internationale à Milan

Paris Internationale has announced its first-ever edition outside of France, scheduled to take place in Milan from April 18 to 21, 2026. Hosted at the Palazzo Galbani during Milano Art Week, the satellite fair will feature 34 galleries, including notable participants such as Jocelyn Wolff, Kaufmann Repetto, Luisa Delle Piane, and Sylvia Kouvali.