The
TT News Agency in Sweden has acquired
IBL. Since its inception in the 1960s IBL has enjoyed a solid market position, in Sweden as well as internationally. Daily newspapers, weekly press, magazines and book publishers are the company’s main clients.
The picture segment of the TT News Agency is growing, and will through this acquisition be able to offer an even more comprehensive archive and service. The very best Swedish and foreign picture providers will hereby be offered in one platform.
IBL is a family owned business with offices in Ängelholm and Stockholm, Sweden, founded in 1965 and now owned by Lars and Nils Modie. In 2015 IBL acquired picture agency
All Over Press, further strengthening its position in the magazine and weekly press segments.
“We welcome IBL into our company,” says Jonas Eriksson, CEO and Editor-in-Chief at TT News Agency. “IBL:s expertise and their incredible image bank will be a boost as we continue to develop our product for existing and new customers,” Eriksson continues.
“We feel very confident in being able to further develop our company together with TT News Agency. Of course our close relationship with our clients will continue as before, which is very important to us,” says Lars Modie, CEO of IBL.
“I am very excited about building the next generation picture agency for our clients and partners together with the experienced crew at IBL,” says Tobias Röstlund, Head of the picture agency at TT News Agency.
Integration of the two picture archives into one common platform will be completed during 2018. IBL staff will move to the TT News Agency offices in the beginning of next year.
The new larger picture agency segment will also be given a new name: TT Images.
For more about TT News Agency and IBL check out these links
here and
here.