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Artforum Has Been Acquired by Penske Media in a Major Shakeup for the Art-Publishing Industry | Artnet News

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Artforum has been acquired by Penske Media in a major shakeup for the art-publishing industry:

“Artforum’s quality and authority in the art world is unparalleled,” Jay Penske, the company’s chairman and CEO, told

. “Over the last 60 years, they have built a culture- and genre-defining brand known around the world, with one of the few insightful global perspectives on art.”employees were informed of the rumored deal in an all-staff Zoom meeting shortly before the news went live on thewebsite. They were promised a “seamless” transition and that “everyone will get an offer letter by the end of the day,” according to sources at the publication. Terms of the deal were not made public.

Judy Chicago, One Woman Show, Artforum Advertisement, Jack Glenn Gallery , 1970. Courtesy Gallery 98 online.

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