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SOTHEBY?S TO LAUNCH INTERNET AUCTION SITE Sotheby?s, the world?s oldest international auction house, has joined the growing number of online auctioneers. It is investing some $25 million in a new Internet auction business for art, antiques, jewelry, and collectibles. Its first major auction, of baseball memorabilia, will be held this summer. The Web site is www.sotheby?s.com. No formal date for launching the site itself has been given. Announcement of the new business was made Jan. 19 by Diana D. Brooks, president and chief executive officer of Sotheby?s Holdings Inc., the parent company of Sotheby?s worldwide auction, art-related financing, and real estate activities. According to Brooks, the new venture will expand Sotheby?s traditional live-auction business and make it accessible to millions of people. Susan L. Solomon, formerly president and CEO of Sony Worldwide Networks and
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