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artnet AG: Strong Growth at Artnet Auctions Continues in the First Quarter


artnet AG: Strong Growth at Artnet Auctions Continues in the First Quarter
Gallery Network Increases Memberships and Revenue
Average Monthly Visitors up 35% at 6.2 Million
Paywall Artnet News Pro Creates Additional Revenue Stream
BERLIN, GERMANY and NEW YORK, NY / ACCESSWIRE / May 10, 2021 / Berlin-based Artnet AG, the leading provider of art market data and online-only fine art auctions, increased its revenue and media reach in the first quarter of 2021. Fee-based revenue at
Artnet Auctions rose by 25% year-over-year to 1.2 million USD, continuing on a strong growth trajectory and setting a new revenue record for a first quarter. Top lots in the first quarter included several works by the iconic American artist Jean-Michel Basquiat. In January, his screenprints ....

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