artnet AG Berlin

artnet.com offers first-ever sales of artworks by artists of the African diaspora

    NewYork/Frankfurt (ots) -

    Matching buyers and sellers worldwide by creating the only
secondary art market for this work
    
    February site-wide event features art auctions and information
    
    artnet.com, the premier site on the web for art and e-commerce,
has established the first-ever secondary market for artworks from the
African diaspora.  artnet.com again demonstrates that it is a new
generation auction house modernizing the business of art.  Artworks
from the African diaspora are collected by an audience who is
passionate about the culture, and is also quickly growing in
popularity among traditional collectors. In February, artnet.com's
special event Embrace Heritage will focus on this newly created
secondary market.
    
    artnet.com also launched a strategic partnership with one of the
most prominent African-American sites in the United States,
http://blackworldtoday.com, which will provide artnet.com access to
its audience of approximately 20,000 visitors per month.  This
relationship will continue with future co-branded events.
    
    Embrace Heritage, in honor of the month-long focus on
African-American heritage in the United States, provides art dealers
and collectors worldwide with the opportunity to bid for more than
one hundred works by artists representing the African diaspora in ten
different countries and spanning three decades. artnet.com auctions
include artworks by these artists that are also sought-after by
traditional buyers, such as Romare Bearden, Jacob Lawrence and
Elizabeth Catlett. Some of these works are already in the collections
of famous museums, like the Metropolitan Museum of Art in New York
City, The Tate Gallery in London and the Stedilijk Museum in
Amsterdam.
    
    In addition, Embrace Heritage provides collectors with in-depth
information on the African-American art market, including articles in
Artnet Magazine by the foremost expert on African-American art,
Halima Taha.  Embrace Heritage also includes a special exhibition of
artworks from artnet.com's gallery network.
    
    artnet.com is the leading online art marketplace matching 800
galleries, 20,000 works of art and over 6,000 artists with art buyers
worldwide. artnet.com also features online auctions, an art
bookstore, a daily art magazine, and the fine art auctions database
which features auction 2 mllions auction price records for artworks
by 185,000 artists from the last 10 years . artnet.com has
experienced significant growth in web traffic from its high-end niche
audience.    Page requests have doubled from one million in June to
2.2 million in December 1999.  Since launching online art auctions in
March 1999, auction have totaled 1.9 million US dollars with 871
artworks changing hands.
    
    Background information on the artists:
    Romare Bearden (1912-1988): Bearden studied at New York
University, Columbia University and the Sorbonne. Inspired by daily
life in the African-American community, he mainly produced collages,
works marrying a stylized realism to vivid colors and contrasts.  
    
    Jacob Lawrence (1917): Even at the very beginning of his creative
period back in the early 40s, museums and eminent collectors showed
keen interest in his art. Described as tradition-rooted, Lawrence has
always remained true to his style - a combination of abstract figures
and quintessential themes.
    
    Elizabeth Catlett: Born at the beginning of the 20th century in
Washington D.C, Catlett is a BA of Howard University, where she
taught after 1930. She has won several awards, including a first
place for her "Mother and Child Figure" at Chicago in 1940. Her works
are dynamic and powerful, their themes dedicated solely to the
situation of the African-American woman.
    
    About artnet.com
    Founded in 1989, artnet.com is internationally recognized as the
premier Internet site for art and e-commerce worldwide. artnet.com
provides a full range of information and transaction services for the
art market, including online exhibits, auctions, member gallery and
artist sites, magazine, bookstore and art research tools and
resources. artnet.com AG is a public company traded on Germany's
Neuer Markt.  AOL Keyword: artnet
      
         artnet.com's Internet address is http://www.artnet.com
    

ots Originaltext: artnet.com AG
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