Getty Images Acquires Photolibrary To Expand Digital Content Offering
Getty Images has acquired competitor The Photolibrary Group, which provides access to over 10 million images, footage and music files. Terms of the acquisition were not disclosed.
Founded in 1967 and headquartered in Sydney, Australia, Photolibrary brings to Getty Images a broad range of content, some with regional appeal, including renowned collections such as Peter Arnold and Oxford Scientific.
Photolibrary’s content will be licensed through Getty Images’ global distribution platform, which enables search in local languages and single image purchases in local currencies.
Additionally, Photolibrary’s presence in India, the Middle East and Southeast Asia will make it possible for Getty Images to expand its products and services to customers in those regions.
Last week, Getty Images announced that it acquired PicScout for a reported $20 million.
Marlin & Associates acted as exclusive strategic and financial advisor to The Photolibrary Group.
About the Photolibrary Group (www.photolibrary.com ). The Photolibrary Group was founded in 1967 in Sydney Australia. Over 40 years, the company has established offices in 14 countries around the world including: the United Kingdom (London and Leeds), Italy, USA (New York, Chicago and San Francisco), Australia (Sydney and Melbourne), Singapore, India, Malaysia, the Philippines, Indonesia, Hong Kong, Thailand, New Zealand, the United Arab Emirates and Paris, France. The Photolibrary Group represents the world’s leading stock brands and the finest photographers from around the world and gives customers with access to over 11 million images, 2,000 hours of footage and more than 20,000 full composition music tracks, available online via www.photolibrary.com (General Rights managed and royalty free images ), www.photostogo.com (royalty free subscription service ) and the specialist agencies www.osfimages.com and www.osffootage.com (natural world images and footage), www.gardenpicture.com (horticultural and botanical), www.monsoonimages.com (fine art), , www.freshfoodimages.com (food and drink) and www.peterarnold.com . In addition to a unique set of wholly owned brands, the group offers customers over 300 partner brands and represents over 4,000 professional photographers from around the world.
About Getty Images
Getty Images has an eye out for the big picture. The visual content provider is a major supplier of creative and editorial imagery, photography, stock footage, and music. It also offers photo services for corporate clients. The company targets markets such as advertising and graphic design firms; editorial organizations (newspapers, magazines, and online publishers); corporate communications departments; and film and broadcast producers. Getty Images has customers in more than 100 countries around the world; most of its sales come from outside the US. Getty Images was founded 1995 by Mark Getty (chairman) and Jonathan Klein (CEO). Today private equity firm Hellman & Friedman owns the company.
About Marlin & Associates
Marlin & Associates Holding LLC is a boutique investment banking and strategic advisory firm specializing in acquisitions and divestitures of U.S. and international middle-market firms that provide technology, digital information and healthcare-related products, technology and services. Marlin & Associates Securities LLC, a wholly-owned subsidiary of Marlin & Associates Holding LLC, is a broker-dealer registered with the Securities and Exchange Commission and is a FINRA/SIPC member firm (www.finra.org). Investment banking and/or securities are offered through Marlin & Associates Securities LLC. More information is available at www.MarlinLLC.com.