Visual China Group

Visual China Group
Public
Traded as SZSE: 000681
Industry Stock photos
Founded 2000
Headquarters Beijing, China
Subsidiaries 500px
Website visualchina.com

Visual China Group (also known as VCG) is a Beijing, China-based photo and media agency. Established in 2000, it is a supplier of stock multimedia content to the commercial media industry. VCG is currently the largest stock image and media footage provider in China and third largest in the world.[1][2] The company is often dubbed as "The Getty of China".[3]

Since 2006, VCG has served as the exclusive distributor of Getty Images' library in China. In January 2016, Unity Glory International, an affiliate of VCG, announced that it would acquire the image licensing business of Corbis. Unity Glory will license the Corbis libraries to Getty for distribution outside of China via VCG.[4][5] In early 2018, it acquired photo sharing website 500px.[6]

References

  1. ↑ "500px acquired by Chinese licensing giant Visual China Group". DPReview. Retrieved 2018-07-15.
  2. ↑ "Getty Images and Visual China Group Partner in Exclusive Global Distribution Partnership for Extensive Visual Content Collection of Corbis Images". Retrieved 2018-07-15.
  3. ↑ "500px sold to Visual China Group, the "Getty of China" - DIY Photography". DIY Photography. 2018-02-26. Retrieved 2018-07-15.
  4. ↑ Frater, Patrick (January 25, 2016). "Bill Gates' Corbis Images Sold to Visual China Group". Variety. Retrieved 26 January 2016.
  5. ↑ Laurent, Olivier (January 22, 2016). "The Decade-Long Image Licensing War Is Suddenly Over". Time. Retrieved 26 January 2016.
  6. ↑ "One-time Flickr rival 500px acquired by the Getty of China, VCG". TechCrunch. Retrieved 2018-07-15.
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