Art in America and ARTnews merge under ARTNEWS S.A. ownership with digital consolidation at artnews.com
ARTNEWS S.A. acquires Brant Publication's media assets, including Art in America, The Magazine Antiques, and Modern Magazine, in exchange for majority shares. The merger combines two publications facing staff reductions and declining advertising revenue. Digital content from both will be unified on artnews.com, while print subscriptions will be bundled under the Art in America brand. Publisher Peter Brant states the goal is to consolidate presence by offering comprehensive coverage of decorative arts, classical arts, and art-related news. The combined company will operate from New York. This agreement was reported by The New York Times.
Key facts
- ARTNEWS S.A. acquires Brant Publication's media assets
- Assets include Art in America, The Magazine Antiques, and Modern Magazine
- Exchange gives ARTNEWS S.A. majority shares in the company
- Digital content consolidated at artnews.com
- Print subscriptions bundled under Art in America brand
- Combined company based in New York
- Publications faced declining staff numbers and ad sales
- Merger aims to provide complete content and history of decorative arts, classical arts, and art-related news
Entities
Artists
- Peter Brant
Institutions
- Art in America
- ARTnews
- ARTNEWS S.A.
- Brant Publication
- BMP Media Holdings LLC
- The Magazine Antiques
- Modern Magazine
- The New York Times
Locations
- New York
- United States