The Art Newspaper
Leading reporter of art news worldwide.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (4 %) | 5 % | (3 %) | - | - | - | 9 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (6 %) | (10 %) | 3 % | - | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (10 %) | (12 %) | 1 % | - | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
The story begins in 1983 with Italian publisher Umberto Allemandi, who launched 'Il Giornale dell'Arte' in Turin with a novel concept: treat art news with the same seriousness as politics and finance. This publication aimed to cover the entire art ecosystem, from museum affairs to market trends. Recognizing the need for an English-language equivalent, Allemandi partnered with Anna Somers Cocks, a former curator, to launch The Art Newspaper in 1990. With offices in London and New York, the publication established itself as a journal of record for the international art world. The business model was built on a network of correspondents and sister editions, providing comprehensive global coverage. This structure allowed for in-depth reporting on everything from illicit antiquities trading to the politics of cultural policy. A significant shift occurred in 2014 when Inna Bazhenova, who had launched the Russian edition, acquired the entire group. Bazhenova continued to expand the network, adding new licensed editions. In 2023, the paper saw another major change in ownership when it was acquired by the Hong Kong-based AMTD Group, a conglomerate with interests in media and entertainment. This acquisition signaled a new chapter, with plans to move the headquarters to Paris and further expand its global footprint.