Thursday, July 21, 2011

Corbis Images Acquires Splash News

Corbis Acquires Splash News to Lead the Market with Candid Celebrity Content

SEATTLE, WA and LOS ANGELES, CA (July 20, 2011) - Corbis Images (www.corbisimages.com), a leading visual media provider for the creative community, today announced its acquisition of Splash News for an undisclosed amount. The Los Angeles-based company provides candid celebrity photography and video content to the world's premiere entertainment print, online and broadcast media outlets.

Since its founding in 1990, Splash News is recognized worldwide as a leading source for exclusive, breaking entertainment news and continues to experience explosive growth as consumer demand for candid celebrity content increases. Splash has more than 3,000 active photographers worldwide in entertainment hubs throughout North America, Europe, Latin America and Asia Pacific.

Splash's market-leading offering of candid celebrity photography complements Corbis extensive collection of exclusive portraiture, red carpet and archival entertainment content. Corbis will now provide the industry's most robust solution for outlets demanding a full selection of entertainment offerings.

"With the addition of Splash, Corbis will provide our customers the most comprehensive, unique and differentiated offering in the high-growth entertainment sector -- from candid celebrity to high-end portraiture to motion, said Gary Shenk, CEO of Corbis. Splash photographers consistently capture the most significant celebrity stories around the globe, ahead of the competition. With Corbis global sales organization and web platform, we look forward to aggressively expanding the reach of this high-quality offering to our customers worldwide.

We are thrilled to join Corbis and will continue to do what we do best deliver the authentic, breaking content that connects the media with its audience. We look forward to providing Corbis customers real-time entertainment content to support their business growth and providing our global network of photographers the ability to expand beyond their current reach through Corbis global footprint, said Gary Morgan, CEO, Splash.

Splash images are regularly featured on top-rated entertainment outlets including; TMZ, the E! News Network and the New York Post. Additionally, the company has delivered some of the industry's largest scoops and scandals including; Sandra Bullock's first public appearance with her newly adopted son, the first images of Michael Jackson's first child, Anna Nicole Smith's death in 2007 and Tiger Woods mistress in 2009.

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About Corbis Images
Corbis Images is a leading visual media provider for advertising, marketing and media professionals, providing a comprehensive selection of stock photography and illustrations. Corbis Images has exceptional creative, documentary, archival, fine art, current events, and entertainment images to help the creative community produce distinctive work for web sites, magazines, newspapers, books, television, and films. Corbis Images serves its global customer base through its renowned Sales & Service teams and its fast, intuitive web site at www.corbisimages.com. Corbis has offices in North America, Europe, Asia and Australia that serve more than 50 countries.

About Splash News
Splash (splash) vt. 1. Fleet Street slang for front page story. Founded in 1990, Splash News is a leading independent entertainment news and photography agency. Splash provides breaking entertainment news and celebrity candid photography and video content to consumers around the world through their favorite media outlets including; newspapers, online sites, magazines and broadcast.

Headquartered in Los Angeles with offices in London, New York, Rome, Milan, Berlin, Sydney and Florida, Splash News boasts a global network of 3,000 contributors and takes pride in being first and the best in the industry. Splash has been credited with announcing some of the world's most memorable and controversial entertainment news stories in recent history.

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