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With Artnet and Artsy, Andrew Wolff Is Laying the Groundwork for a New Kind of Art-World Ecosystem

"We will preserve those differentiated voices while quietly building connective tissue—shared data architecture, technology and tools that enhance both brands," Wolff told Observer in a recent interview.

With both Artnet and Artsy now under Beowolff Capital’s ownership, the next logical step would seem to be consolidation into a single power platform—one capable of combining pricing data, editorial content and sales across both the secondary market (Artnet) and the primary market (Artsy). As announced yesterday, however, the companies will continue to operate as separate and distinct brands even as they merge their underlying infrastructure and data. Artsy will stay focused on discovery and access, while Artnet will lean further into editorial and market intelligence.

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In a recent interview, Beowolff Capital founder Andrew Wolff, recognized in this year’s Art Power Index, told Observer that last year’s $65 million acquisition of Artnet (a move that took the company private), alongside his purchase of a controlling stake in Artsy, laid the groundwork for a new kind of art-world ecosystem—one........

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