(ASX: NWZ) is pleased to announce that it has entered a strategic partnership and content syndication agreement (Agreement) with Alamy
. Newzulu’s crowd-sourced news archive will be featured among Alamy’s collection of over 50 million images from which the platform has generated over US$154 million for its contributors in the last 15 years. Newzulu and Alamy will work together to generate revenue through the sale and licensing of Newzulu’s crowd-sourced content to Alamy’s editorial, creative and commercial clients worldwide.
Newzulu expects the Agreement with Alamy will deliver a material increase in revenues for Newzulu’s editorial business from the date that the Newzulu archive is uploaded to the Alamy platform, while the specific commercial terms of the Agreement were not disclosed. The Alamy platform has proven highly successful at monetizing creative content for its contributors and partners. The Agreement covers terms for distribution and licensing of Newzulu content by Alamy on a non-exclusive basis, with a focus on high-quality, validated crowd-sourced video, including videos sourced from Newzulu Live mobile video streaming as well as still images and photography.
“We are delighted to partner with Alamy to bring the power of validated, high-quality, crowd-sourced Newzulu content to their platform and clients” said Alexander Hartman, Executive Chairman of Newzulu. “Crowd-sourced images and video offer unique editorial perspectives of breaking news events and compelling, alternate angles of other engaging and entertaining stories”. “Through Newzulu’s partnership with Alamy, contributors of content to Newzulu can get published and get paid by any media outlet creative agency or commercial client in the world.”’
Alan Capel, Alamy’s Head of Content said “Deep and extraordinary content is our lifeblood and this collaboration with Newzulu opens up a new dimension through the user-generated nature of the work. Live first-hand shots from the field, opening up the unseen and undiscovered, the work is managed and packaged to provide a previously unfathomable richness of coverage. Newzulu have cracked the distribution of meaningful editorial content and we’re delighted to be working with them.”
Newzulu is a crowd-sourced media company that allows anybody, anywhere, with a smart phone and a story, to share news, get published and get paid. Headquartered in Paris, Newzulu operates bureaus in London, New York, Los Angeles, Toronto, Montreal, Sydney and Perth. In February 2015 Newzulu completed the acquisition of leading Toronto based user-generated content marketing software company Filemobile Inc., Newzulu operates in partnership with Agence France-Presse (AFP) in France, Press Association (PA) in the UK & Ireland, Canadian Press (CP) in Canada, Australian Associated Press (AAP) in Australia, Czech News Agency (CTK) in the Czech Republic and Aflo Co., Ltd in Japan. Further information can be found on www.newzululimited.com
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