Corbis Acquires The Stock Market Photo Agency.Business Editors SEATTLE--(BUSINESS WIRE)--March 22, 2000 The Addition of the Leading Independent Stock Photography Agency Extends and Accelerates Corbis' Offerings of Commercial Photography to Advertising and Graphic Designers Corbis, the leading provider of photography and fine art images on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the (www.corbis.com), today announced that it has agreed to acquire The Stock Market Photo Agency, the privately owned, leading independent stock photography agency in the world. This addition extends Corbis' role as a leader in the digital visual content service, expanding the depth and breadth of content of its image collection to bring a convenient, customized experience to creative professionals and consumers. The deal is expected to close in mid-April. "The Stock Market is a strong player in the commercial photography market, and a good fit for Corbis in its strategy to expand its commercial business in an all-digital model," said Tony Rojas, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Corbis. "The addition of The Stock Market expands our international presence and greatly enhances our commercial offering to our customers." As a pioneer in the visual content industry, Corbis has successfully brought the editorial image market into the digital age and has set the benchmarks for the consumer Internet visual markets. Corbis now plans to expand its leadership role in the commercial photography market, offering a one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. to the creative community for both editorial and commercial content, resulting in a convenient customer experience. "As people in the professional creative community are seeing their jobs expanded and enhanced by new technologies, Corbis and The Stock Market will join to offer advanced digital image services for creative professionals," said Richard Steedman, president of The Stock Market. "With our combined commitment to bringing the world's finest World's Finest may refer to:
The Stock Market Web site at www.stockmarketphoto.com features full e-commerce for traditionally licensed and royalty-free images, and CreativeVille, a comprehensive online resource for the creative community. Stockmarketphoto.com was the first to launch a full e-commerce solution for purchasing traditionally licensed images, and continues to expand and enhance the digital image e-commerce process through the creation of new technologies and services. About The Stock Market Supplying stock photography to the creative community since 1981, The Stock Market Photo Agency is the leading independent stock photography agency in the world. Featuring over three million images from photographers worldwide, TSM TSM Tivoli Storage Manager TSM Transportation System Management TSM Taiwan Semiconductor Manufacturing (stock symbol) TSM Taiwan Semiconductor Manufacturing Co. Ltd. serves the global creative community through offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Germany, France, England, Belgium, Austria and The Netherlands. In addition, TSM has over 30 international affiliate offices spanning six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . At stockmarketphoto.com, TSM was the first to launch a full e-commerce solution for purchasing traditional stock photography. Users can find, price, purchase and download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. traditional Stock and Royalty Free CDs and single images, access the Digital Image Express delivery service, and request Free Research. TSM also features SharperSTOCK - the industry's only customer appreciation program rewarding frequent TSM users with merchandise certificates redeemable Redeemable Eligible for redemption under the terms of an indenture. at Amazon.com or The Sharper Image, or for AAdvantage(R) travel awards from American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the (R). About Corbis Corporation Corbis Corporation is the definitive destination for photography and fine art in the digital age. With 65 million images--2.1 million online--it is the leading provider of digital images to both the consumer and creative professional markets. The company provides imagery to creative professionals in magazine, book, and newspaper publishing; advertising and graphic design; and internet and new media publishing. Corbis is also the world's leading news photography agency. Its consumer image products include e-cards, personal-use digital images, and framed and unframed prints and posters. The company uses its extensive Internet technology to allow customers to quickly and conveniently access and purchase images and related products. Headquartered in Seattle, with offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , London, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , and Paris, the privately owned company has approximately 900 employees worldwide. For more information about Corbis and its products and services, call 1-800-260-0444, (425) 641-4505, fax (425) 746-1618, or visit the Web site at www.corbis.com. Corbis and The Place for Pictures on the Internet, are registered trademarks of Corbis Corporation in the United States and/or other countries. All other trademarks are the property of their respective owners. |
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