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The Artnet of the Deal

The embattled art market company faces an intense five weeks of politicking that will determine, once and for all, who controls its future—and who will prevail in the interminable Weng–Neuendorf battle of wills.

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Hans Neuendorf
Weng believes that Artnet, a dominant brand in the art and auction space, has been hemorrhaging money for years because of the Neuendorfs’ self-interested management of the company.
Marion Maneker
January 23, 2025

There’s rarely a dull moment in the boardroom saga at Artnet, whose founder, Hans Neuendorf, has spent the past several years trying to quell a brewing shareholder revolt. If you didn’t see yesterday’s headline in The Art Newspaper—“Major shake up at Artnet as founder retires”—my texts suggest everyone else did. After the story ran, I started getting notes like “Artnet news is interesting…” and “Is it happening?” 

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