Change View Options:

Acquisitions

Stock Agency Acquisitions

By Jim Pickerell | 1659 Words | Posted 8/14/2014 | Comments
Last week Taylor Davidson published a list of 86 acquisitions and IPOs in the imaging industry from 2004 to today. Included in his report are a lot of social media acquisitions that are probably of minor interest to my reader. In addition he left out a number of stock agency acquisition, many of which I believe are significant.

Stock Photo Inventory For Sale

By Jim Pickerell | 197 Words | Posted 4/29/2014 | Comments
Image Makers Stock Photography, Art & Illustration is looking for expressions of interest in purchasing the agency’s inventory which consists of 32,230 tightly-edited and extensively-keyworded digital images. Currently there are 172 individual artists, photographers & illustrators under contract.

Carlyle Should Be Talking To Shutterstock

By Jim Pickerell | 1650 Words | Posted 3/12/2014 | Comments
Carlyle Group should be trying to sell Getty’s Midstock division (iStock, Thinkstock and Photos.com) to Shutterstock before the value of that segment of Getty’s business collapses. Carlyle should recognize by now that Getty Images has been a bad investment. It is the time to cut losses.

Shutterstock To Acquire WebDAM

By Jim Pickerell | 330 Words | Posted 3/5/2014 | Comments
Shutterstock has entered into a definitive agreement to acquire WebDAM, a leading provider of web-based digital asset management software.

PHOTOSHOT Acquires The Data Archive / Construction Photography

By Jim Pickerell | 410 Words | Posted 1/31/2014 | Comments
PHOTOSHOT, one of the leading international photo libraries representing 5,500 contributors worldwide and representing over 15 million images, today announced that it had completed the purchase of The Data Archive/Construction Photography, a digital asset management software developer and a specialist photography and licensing company.

Design Pics Acquires AgStock Images

By Jim Pickerell | 351 Words | Posted 11/21/2013 | Comments
Design Pics Inc. has announced the acquisition of AgStock Images, a California based photo agency specializing in agricultural photography. Founded in 1996 by Ed Young, AgstockImages.com is a comprehensive library of worldwide agricultural photography, representing over 115 leading agriculture, produce, livestock, entomology, botany and plant pathology photographers, including photographers who are also professors and researchers across the United States, Canada, Europe and South America.

Yuri Speaks

By Jim Pickerell | 952 Words | Posted 7/26/2013 | Comments
Yuri Arcurs has written a long post entitled “Microstock sees its first major setback in 6 years and here’s why.” In it he explains (1) why he is pulling his images out of all microstock agencies except iStockphoto and his own Peopleimages.com, (2) why he decided to go exclusive with Getty, (3) why mobile, crowd sourced photography is “a serious threat to stock photography” and (4) why he has invested $1.4 million in Scoopshot. This article is a must read for everyone in the industry.

Pond5 Acquires Pixmac and Expands International Presence

By Jim Pickerell | 349 Words | Posted 3/5/2013 | Comments
Pond5 Inc. has acquired the assets of Pixmac, a leading stock imagery network based in the Czech Republic. With millions of stock photos and illustrations distributed in 17 languages and in multiple currencies, the acquisition of Pixmac accelerates Pond5’s strategy to offer a global marketplace where media makers can connect with fellow artists.

Design Pics Acquires Axiom Photographic Agency

By Jim Pickerell | 695 Words | Posted 11/6/2012 | Comments
Axiom Photographic Agency Limited ceased trading on September 20, 2012, and was subsequently placed into Voluntary Liquidation at a meeting of the shareholders on October 23, 2012 due to its inability to meet its obligations to creditors. The Liquidator subsequently accepted an offer presented by Design Pics Inc., to purchase the assets of Axiom Photographic, which became effective October 25, 2012.

Image Source Group Acquires Cultura

By Jim Pickerell | 602 Words | Posted 10/8/2012 | Comments
Image Source and Cultura Creative today announced the merger of their businesses, two of the most respected brands in premium quality stock photography in the world. The new business which will operate under the Image Source Group umbrella come together in an exciting deal that on day one will have over a quarter of a million premium images under their collective management and a production power house capable of generating both quality and volume of content going forward.

Design Pics Inc. Acquires Alaska Stock Images

By Jim Pickerell | 449 Words | Posted 10/3/2012 | Comments
Design Pics Inc., headquartered in Edmonton, Canada, has acquired Alaska Stock, an Anchorage based photo agency, effective October 1, 2012. The agency was originally founded in 1990 by Jeff Schultz and has became known as “the place” to find quality images of Alaska, and more specifically, Alaska-themed images such as adventure, wildlife, winter lifestyles, and recreation.

Shutterstock IPO To Be Priced Between $13-$15 Per Share

By Jim Pickerell | 253 Words | Posted 9/28/2012 | Comments
Shutterstock Inc has announced that it plans to sell 4.5 million shares in its initial public offering at between $13 and $15 each. This block of shares would represent about 14% of its total shares outstanding.

Carlyle To Buy Getty Images

By Jim Pickerell | 429 Words | Posted 8/15/2012 | Comments
The Carlyle Group (NASDAQ: CG) and Getty Images management announced today they have formed a partnership to acquire Getty Images, Inc., from Hellman & Friedman for $3.3 billion. Carlyle will acquire slightly over 50% of the company. Getty Images Co-Founder and Chairman Mark Getty and the Getty family will roll substantially all of their ownership interests into the transaction. CEO and co-founder Jonathan Klein will also invest equity in the company.

Photononstop Group Acquires Biosphoto

By Jim Pickerell | 395 Words | Posted 8/2/2012 | Comments
Photononstop Group, based in Paris, announces the purchase of 100% of the shares in
Biosphoto, France’s leading stock agency specialized in Nature, Garden and Environment Photography. The Biosphoto collection contains 2.5 million photos and 20,000 videos. The terms of the acquisition were not disclosed.

Selling Your Stock Photo Agency

By Jim Pickerell | 667 Words | Posted 7/20/2012 | Comments
The stock photo industry seems to be going through another round of acquisitions and consolidations as owners of small, niche agencies find it difficult to compete in today’s market where there is a glut of supply, relatively flat demand and declining prices. Many agency owners are looking for ways to retire or move onto something else. I regularly get request asking “What is my company worth?”

AP France Acquired By dapd Media Holding

By Jim Pickerell | 324 Words | Posted 7/17/2012 | Comments
On July 12, 2012, the dapd media holding AG, via its French subsidiary Sipa News, took over the French service of Associated Press (AP). After Sipa Press and Diora News, this is the third company dapd has taken over in France. This takeover makes dapd the largest agency partner of AP worldwide. The parties have agreed not to disclose the purchase price.

SuperStock Acquires Science Faction Images

By Jim Pickerell | 262 Words | Posted 7/9/2012 | Comments
Jacksonville, FL based SuperStock has acquired Seattle based Science Faction Images. The 40,000 tightly edited high-end science and high technology images in the Science Faction collection will allow SuperStock to “better serve our clients in publishing and advertising,” according to Lanny Ziering, CEO of SuperStock.

Getty On Track To Get New Private Equity Owner

By Jim Pickerell | 443 Words | Posted 7/5/2012 | Comments
At least five private equity firms are bidding to buy Getty Images from Hellman & Freedman (H&F) in a leveraged buyout worth an estimated $4 billion.

UIG acquires MyLoupe and Ad Stock Images

By Jim Pickerell | 527 Words | Posted 6/27/2012 | Comments
Universal Images Group (UIG), owned by industry veteran George Sinclair (also the founder of the Virtual Picture Desk in 2002 and co-author of Britannica’s Image Quest), has acquired the business rights and digital library of the MyLoupe and the Ad Stock Images picture agencies.

What Will Shutterstock & Fotolia Do With The Money?

By Jim Pickerell | 2064 Words | Posted 5/25/2012 | Comments
Fotolia just received $150 million growth investment and Shutterstock will have over $100 million from an IPO soon. What will they do with the money? Check out this story to see what we were able to glean from Shutterstock's S-1 filing with the Securities and Exchange Commission and from other industry sources.

Getty Images Owners Consider Sale or IPO

By Jim Pickerell | 464 Words | Posted 5/23/2012 | Comments
Hellman & Friedman, the owners of Getty Images Inc, have retained Goldman Sachs Group Inc and JPMorgan Chase & Co to examine a possible sale or public offering of the business. According to press reports a sale or IPO could value Getty Images at $4 billion. This move follows announcements last week by Shutterstock and Fotolia. Shutterstock hopes to raise $115 million in its IPO and Fotolia received a $150 million growth investment from Kohlberg Kravis Roberts & Co. for a 50% stake in the company

123RF Partners with ZCool in China

By Jim Pickerell | 374 Words | Posted 5/17/2012 | Comments
123RF has announced a partnership agreement with Zcool, mainland China's renowned creative designer platform for graphic designers. Designers show their work on Zcool and there is a degree of sharing of the work.

Shutterstock Considering IPO

By Jim Pickerell | 607 Words | Posted 5/2/2012 | Comments
Four non-disclosed sources have told Reuters that Shutterstock is looking for underwriters for an initial public offering (IPO). A Shutterstock spokesperson refused to comment on the report or to supply financial details about the company.

Getty Takes Over Operation of Lonely Planet

By Jim Pickerell | 358 Words | Posted 4/26/2012 | Comments
Getty Images will become the sole global distributor for Lonely Planet’s 420,000+ travel images as of July of this year. The collection from approximately 370 photographers has been built up over the last 14 years.

Masterfile No Longer For Sale to Arius3D

By Jim Pickerell | 285 Words | Posted 4/2/2012 | Comments
IIn August of 2011 Arius3D Corp made an offer to purchase Masterfile for $21.4 million in a bid to expand into the 2D market. Since then Arius3D has been trying to raise the financing necessary to close the deal. Several tentative closing dates have passed, the last being March 31, 2012, and it has now been announced that the deal “will not close,” and the offer to purchase is not being extended.