Penske Media Corporation will acquire Art Market Monitor, the online publication of Marion Maneker, who will become editorial director of a holding company overseeing ARTnews and Art in America. “In the art world, where a significantly fragmented audience spans so many websites, newsletters, and brands, PMC sees the opportunity to augment these exceptional brands with further investments in content and editorial, complemented by robust data and analytic tools, and growing an engaging live media and event business,” says chairman Jay Penske. “This acquisition adds a strong subscription business that expands PMC’s reach and influence in the art vertical.â€
Read more at Art NEws
