There’s rarely a dull moment in the boardroom saga at Artnet, whose founder, Hans Neuendorf, has spent the past several years trying to quell a brewing shareholder revolt. If you didn’t see yesterday’s headline in The Art Newspaper—“Major shake up at Artnet as founder retires”—my texts suggest everyone else did. After the story ran, I started getting notes like “Artnet news is interesting…” and “Is it happening?” 

I’m sorry to disappoint everyone, but nothing has happened yet. Even The Art Newspaper’s conjecture that the “two warring parties have kissed and made up” is directly contradicted by the article’s quotation from Artnet’s largest shareholder, Rüdiger Weng, who says he supports a board composed of three directors, not five, as the Neuendorf family had proposed. Indeed, the only real update is that the company has announced that an Artnet shareholder meeting will be held in Berlin on February 27, one day before the required deadline. There’s been no shareholder meeting to vote on the Neuendorf’s family proposal, much less to choose those directors. And for now, the 88-year-old Hans remains on the board, much to Weng’s frustration. (The Neuendorf family are Artnet’s second-largest shareholders, after Weng.)