Source: Sale of Corbis Images to Visual China Group
Sale of Demotix to VCG
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Excerpt from an email I just got:
“Today Corbis is announcing the sale of the Corbis Images (excluding Splash), Corbis Motion, and Veer licensing businesses to Unity Glory International, an affiliate of the Visual China Group (VCG), a leading Chinese visual communications and new media business.
In connection with this transaction, VCG is excited to announce the expansion of its longstanding partnership with Getty Images, and, following a transition period (which we’ll explain in more detail), Getty Images will become the exclusive distributor of Corbis content outside China.”
The FAQ page HERE
Very interesting….Read more here: http://www.marketwire.com/press-release/corbis-acquires-demotix-1725922.htm