Wednesday, July 03, 2019

Art Miami has a new owner

The Art Miami fair group, which includes Art New York, CONTEXT, Aqua Art Miami, Art Wynwood, and others, has been sold to Informa Markets... this is a seismic move in the art fair world!

“It’s a bold and very positive step for us,” Nick Korniloff, Art Miami’s director, who owns the company with two partners, tells artnet News of the sale. During his years with the business, he has grown the fair empire to include CONTEXT, Aqua Art Miami, Art Wynwood, Palm Beach Modern + Contemporary, and Art New York. Over the past year, those fairs have drawn in some 400 dealers and overall attendance of more than 300,000 people. 

Read the whole article here.