Artnet and Artsy announced their merger on April 15, 2026, consolidating two major art market platforms. The deal led to the closure of Artnet’s Berlin office and layoffs, including senior editors like Sarah Cascone and Eileen Kinsella. Industry observers cite cost-cutting as the primary driver behind the restructuring, though specifics remain undisclosed.
Aug 2026Center for Art Law - At the intersection of visual arts and the lawNews article
Andrew Wolff, owner of Artnet, justifies recent layoffs as part of a strategy to merge Artsy and Artnet into a single, data-driven art market platform. The consolidation aims to streamline operations and enhance financial stability. Wolff highlights the integration of data tools as a key focus for the combined entity.
Apr 2026ARTnews.comNews article
/C O R R E C T I O N -- Artsy and Artnet/prnewswire.com/news-releases/artsy-and-artnet-leaders-of-the-art-world-online-join-forces-to-transform-the-future-of-the-industry-302742420.html
Artsy and Artnet, two leading online platforms in the art world, have announced a partnership to reshape the future of the industry. The collaboration aims to combine their resources and expertise to enhance digital engagement and accessibility for artists, collectors, and institutions. Both companies emphasize their shared commitment to innovation within the art market ecosystem.
