/ -- PA Media Group, the UK-based news and information business, has acquired Alamy, a leading supplier of stock imagery.
Founded 20 years ago, Alamy has one of the world's most diverse creative and editorial stock imagery collections, comprising almost 200 million photographs, vectors and 360-degree panoramic images. The business has close to 100,000 customers in more than 150 countries, working across a range of sectors including publishing, design, advertising and broadcast.
The acquisition sees the PA Media Group enter the stock imagery market for the first time. It also supports the Group's long-term strategy to diversify its business and consolidate its position as the UK's leading provider of cross-platform news, sport and entertainment data, content and services.
Alamy will complement PA Media Group's editorial picture syndication business, PA Images, whose archive charts more than 100 years of British history, along with royal, entertainment, sport and news photography.
Clive Marshall, Chief Executive of PA Media Group said:
"In addition, this acquisition will further strengthen the financial performance of the company and help secure the future of our core news agency business."
James West, co-founder of Alamy, said:
"Alamy can look forward to a fantastic future as part of the PA Media Group."
Notes to Editors
Images
Images to accompany this announcement can be downloaded here - https://wetransfer.com/downloads/f78a0df293e62f76ceb1fd05c739acb420200210162140/3f56dfe7691d8902c47523df3b3d5f2b20200210162140/796726
Key statistics on Alamy
Alamy has close to 200 million stock photos, vectors and videos from individual and agency contributors
On average, more than three million images are added to Alamy's platform each month
The business has close to 100,000 customers worldwide
A set of frequently asked questions can be found on the PA Media Group's website https://pamediagroup.com/media-centre/
About PA Media Group
https://bsmedia.business-standard.comwww.pamediagroup.com
About Alamy
Disclaimer: No Business Standard Journalist was involved in creation of this content