Saatchi Art

Saatchi Art is a Los Angeles[1] based e-commerce platform, and online art gallery with the largest selection of original art offering more than 1 million original paintings, photographs, drawings, sculptures, and other artwork from over 111,000 emerging artists from across the world.[2][3][4][5] Saatchi Art Group is composed of the Saatchi Art online marketplace, The Other Art Fair, and the group’s Hospitality Art Advisory. [6]

Saatchi Art
TypeSubsidiary
FoundedSanta Monica, California
(May 1, 2006)
Headquarters
1655 26th Street
Santa Monica, California
,
USA
Websitewww.saatchiart.com

History

Saatchi Art was originally known as Saatchi Online and was owned by Charles Saatchi.[7]

In August 2014, Saatchi Art was acquired by Demand Media, Inc. (now Leaf Group).[8] In 2021, Graham Holdings Company acquired Leaf Group LTD.[5]

Rebecca Wilson is Saatchi Art’s Chief Curator and VIP, Art Advisory and has been with the company since its inception. She was formerly a Director at the Saatchi Gallery, London, where she was instrumental in the launch of the gallery’s online presence. [9]

In 2018 Saatchi Art debuted its hospitality art advisory services, offering complimentary and comprehensive art programming for hotels, restaurants, residential and healthcare. The senior hospitality art advisory team has curated artwork for Four Seasons, Nobu Hotels, 1 Hotels, Waldorf Astoria, The Ritz Carlton, St. Regis, and many more notable brands.

Controversies

Reports suggest that Demand Media possibly violated an intellectual property contract by adopting the name Saatchi Art.[10]

In November 2014-2015 Charles Saatchi, the owner of Saatchi Gallery, initiated multiple legal actions in the United Kingdom's Chancery Division of High Court of Justice against the current owners of Saatchi Art. Saatchi's contention arose from an alleged breach of an Intellectual Property agreement dated February 18, 2010, prompting him to ask the company to cease using the "Saatchi Art" name and to compensate him for profits made from the name since the alleged breach. Concerns were raised that the low average transaction price on Saatchi Art might dilute the Saatchi brand's association with the high-end art market. Separate legal challenges also involved allegations against Demand Media for breach of trust in relation to Charles Saatchi and Robert Norton. [11][12][10]

References
  1. "Rebecca Wilson hopes ..." LA Weekly. Retrieved 10 December 2015.
  2. Bridget Mallon. "The 30 best sites to buy art online". Elle Magazine. Retrieved 28 July 2016.
  3. Lee, Jin Woo; Lee, Soo Hee (2019). "User participation and valuation in digital art platforms: the case of Saatchi Art" (PDF). European Journal of Marketing. 53 (6): 1125–1151. doi:10.1108/EJM-12-2016-0788. S2CID 169809290.
  4. Fassio, Sarah (2019). "The Winner Takes It All – die Online-Galerie als Demokratisierungsansatz eines von Intransparenz geprägten Kunstmarktes?". In Pöllmann, Lorenz; Herrmann, Clara (eds.). Der digitale Kulturbetrieb: Strategien, Handlungsfelder und Best Practices des digitalen Kulturmanagements. Springer Gabler. pp. 249–269. doi:10.1007/978-3-658-24030-1_12. ISBN 978-3-658-24030-1. S2CID 189429904.
  5. <Eliot, Austen. "Saatchi Art, Equal Opportunity to Sell and Own Original Art".
  6. "Saatchi Art partners with design pros to bring fine art to any size project". Business of Home. 2022-12-06. Retrieved 2023-10-09.
  7. Abrams, Amah-Rose (2015-05-12). "Saatchi Sues Saatchi Art". Artnet News. Retrieved 2023-08-16.
  8. "Demand Media Hires Sean Moriarty, Ex-CEO of Ticketmaster, as Chief Exec". Variety. 8 August 2015. Retrieved 10 December 2015.
  9. "Women in Business Q&A: Rebecca Wilson, Chief Curator and Director, Art Advisory at Saatchi Art". HuffPost. 2015-05-21. Retrieved 2023-10-09.
  10. Abrams, Amah-Rose (2015-05-12). "Saatchi Sues Saatchi Art". Artnet News. Retrieved 2023-08-16.
  11. "Charles Saatchi Sues Online Platform Saatchi Art to Stop It From Using His Name". Artnet. Retrieved 28 July 2016.
  12. Harley, Nicola (12 December 2014). "Saatchi takes his former righthand woman to court". Retrieved 22 July 2018 – via www.telegraph.co.uk.
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