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Artnet Magazine shutting down due to financial difficulties
Artnet Magazine shutting down due to financial difficulties

Artnet Magazine, a widely read online publication devoted to the visual-art market, is shutting down due to financial difficulties. The magazine's editor said in a email statement Monday that "during its 16 years of digital life, the magazine was never able to pay its own way." The magazine existed as part of Artnet, a comprehensive visual-arts site that offers auctions, a pricing database and analytic reports on the art market. Monday's news comes on the heels of the announcement that Hans Neuendorf, the chief executive of Artnet, has stepped down from his post, handing control of the company to his son, Jacob Pabst. It remains unclear if the shutdown of Artnet...

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