EBay to feature Sotheby's auctions in new dealJuly 14, 2014 @ 7:20 am
NEW YORK (AP) -- EBay will soon feature auctions from the likes of Monet, Picasso and other masters through a new partnership with auction house Sotheby's.
The companies will offer a new live auction feature on eBay Inc.'s Web site and real-time bidding for Sotheby's auctions that are taking place at Sotheby's headquarters in New York. The move lets eBay's 145 million active users have more access to the high-end art and objects that Sotheby's auctions.
Financial terms were undisclosed. Sotheby's Chief Operating Officer Bruno Vinciguerra said the partnership will help makes its sales "available to the broadest possible audience around the world."
The companies also said they eventually plan to offer other kinds of sales and live auctions from other Sotheby's showrooms around the world.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Warm Fall, Winter
Forecasters predict a warmer fall and winter than normal
What Was That?
Reports continue streaming in after a fireball streaked across our skies
Danny O'Neil takes a look at what the loss to the Chargers means for the Seahawks
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.