pharrell williams joopiter marketplace 2644229

Pharrell Williams has launched a new buy-it-now extension called Joopiter Marketplace, an offshoot of his existing auction platform Joopiter. The marketplace offers collectibles from Williams's personal archive—including Vivienne Westwood hats, KAWS sneakers, Gucci and Levi's jackets, and items from his fashion labels ICECREAM and Billionaire Boys Club—alongside pieces from other cultural figures. Additional sellers include artist Tom Sachs, gallerist Easy Otabor, jewelry designer Lorraine Schwartz, and music executive Steven Victor, with proceeds from some sales benefiting nonprofits like the Anderson Ranch Arts Center, Rebuild Foundation, and the Virgil Abloh Foundation.

Muhammad 2., 2025 by Julian Opie, Direct to media print on painted wooden board, 129.8 x 83.9 x 3.6 cm (1)

Julian Opie's 2025 artwork "Muhammad 2." is featured, a direct-to-media print on painted wooden board measuring 129.8 x 83.9 x 3.6 cm. The article promotes a platform that partners with leading galleries to showcase artists, artworks, and exhibitions, with gallery membership by application and invitation only, vetted by industry peers.

beowolff capital artnet takeover 2649474

Investment group Beowolff Capital has announced a voluntary takeover offer for Artnet, valuing the company at approximately €65 million ($73.7 million). Beowolff Capital, a U.K.-registered firm led by CEO Andrew Wolff, has already secured 65% of Artnet's shares and plans to delist the company from the Frankfurt Stock Exchange. The deal includes the purchase of a 29.99% stake from Weng Fine Art AG, ending a long-running control struggle. Artnet's management supports the offer, which is expected to close on May 30, 2025.

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.

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.

Inside the new AI-driven platform generating ‘adviser-grade’ art market insights

Artsignal, a new AI-driven platform, launched in September with investment from Christie’s Ventures. Co-founded by Sam Glatman and Ivan Bestvina, it uses open-source data to generate art market reports, including auction results, exhibition announcements, and artist biographies, designed to guide pricing, buying, and sales decisions. Glatman, who has a background in econometrics and previously founded other businesses, describes the platform as providing 'adviser-grade intelligence' to help collectors navigate the art market with confidence.