ARTnews Ltd. Announces Vincent Fremont as CEO

Vincent Fremont has been named CEO of ARTnews Ltd., effective immediately. Dan Gardner, chairman of the supervisory board of parent company Artnews S.A. said today: "Vincent Fremont is a widely respected 40-year veteran of the New York contemporary art scene, dating back to his days working alongside Andy Warhol. We are thrilled to have his experience and vision at the helm overseeing our U.S. business."

"This is an exciting new chapter for me," said Fremont. "There's a remarkable opportunity here to build upon the rich editorial history of Art in America, ARTnews, The Magazine Antiques, and MODERN, while enhancing the company's digital offerings and spearheading new initiatives."

Fremont was instrumental in establishing the Andy Warhol Foundation for the Visual Arts, Inc., following the artist's death in 1987. The foundation has served as a template for later artists' foundations. Fremont was the foundation's exclusive sales agent for Warhol paintings, drawings and sculptures from 1991 to 2010. Prior to Warhol's death, Fremont served as vice president of Andy Warhol Enterprises and executive manager of Andy Warhol's studio. He co-directed and co-produced the documentary film "Pie in the Sky: The Brigid Berlin Story" (2000), with his wife, Shelly Dunn Fremont.

"Vincent's strategic business acumen, along with his dedicated commitment to the arts, makes him the perfect choice as CEO. He brings years of experience working with artists, art dealers, and writers, and will be a tremendous asset to the media company," said Peter M. Brant, chairman of Brant Publications, Inc. which is the largest controlling shareholder of ARTnews Ltd.'s parent company, Artnews S.A.

In this new leadership role, Fremont will provide a cohesive vision and strategy for ARTnews Ltd. and its four art media titles. While each print publication will retain its own distinct identity, brand, and editorial content, Fremont will focus on building upon combined strengths to further develop new revenue streams, as well as editorial and digital offerings.

Following the Oct. 2015 merger of art media titles held by BMP Media Holdings LLC and Artnews S.A., the combined company emerged as the world's leading publisher of art news, reviews, and information. Both Art in America and ARTnews have been in print for over 100 years and have the most complete archive of art history and events of the past century, and also offer the most comprehensive coverage of the classical, modern, contemporary, and decorative arts fields. Art in America maintains profitability and growth with 80 percent of readers purchasing annual subscriptions, evidence of passionate reader loyalty. Noted for its editorial excellence, ARTnews has received over 40 journalistic prizes, and ARTnews.com, focused on breaking news, analysis, and criticism on a daily basis, continues to be one of the fastest growing art news sites with more than 7 million page views last year. The Magazine Antiques, the leader in the field of fine and decorative arts for 94 years, keeps past and present in lively touch with one another six times a year. Since its inception seven years ago, MODERN has become essential reading in the design field and continues to be printed quarterly.

About ARTnews Ltd. and Artnews S.A.:

Headquartered in New York, ARTnews Ltd. is the U.S. arm of parent company, Artnews S.A., the world's leading print and the fastest growing online art media business including print magazines Art in America, ARTnews, The Magazine Antiques, MODERN, and Art & Business, digital properties www.ARTnews.com and www.artbiznes.pl and Skate's Art Market Research business intelligence unit. Artnews S.A. is publicly listed on the Warsaw Stock Exchange (WSE:ATN) and its controlling shareholder is BMP Media Holdings LLC, owned by Brant Publications, Inc. For more information, visit http://investor.artnews.com.