Corbis + Getty: Bill Gates’ sale of Corbis Images to Chinese firm sets up distribution deal with rival

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Two of the world’s leading photographic libraries, longtime rivals in the industry, are joining forces as a result of a pair of deals announced today. Seattle-based Corbis, owned by Microsoft co-founder Bill Gates, this morning announced the sale of Corbis Images to an affiliate of Visual China Group — which then announced an exclusive distribution partnership giving customers of Getty Images access to Corbis Images’ library of content. Getty and Visual China Group explained in a news release, “Getty Images will create specific collections to house this new content on gettyimages.com, where it will sit alongside award-winning content from Getty Images’ own staff… Read More
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