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Microstock Photography Forum - General => General Stock Discussion => Topic started by: williamju on January 29, 2016, 05:22

Title: more news from VCG: more M&A, this time is Getty Images
Post by: williamju on January 29, 2016, 05:22
according to the latest disclosure from VCG (Visual China Group): more M&A right after the purchase of Corbis Images, this time is Getty Images

file got from stock exchange http://www.tukusheying.com/info/es_t_20160129111259.html (http://www.tukusheying.com/info/es_t_20160129111259.html)
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Justanotherphotographer on January 29, 2016, 06:16
Thank for the update, I am having trouble understanding what the announcement is. What does M&A stand for?
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Ploink on January 29, 2016, 06:19
Merger & Acquistion, me thinks...

But I can't read the Chinese text...
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Justanotherphotographer on January 29, 2016, 06:23
Quote from: Ploink on January 29, 2016, 06:19
Merger & Acquistion, me thinks...

But I can't read the Chinese text...
Thanks, I knew I was being dim but couldn't pull it
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Jo Ann Snover on January 29, 2016, 09:49
Google translate renders the top part as:

"VCG announced that it is shares Getty Images

According to the announcement last night vision China (Visual China Group, referred to VCG) disclosure, VCG is working with Getty Images to discuss equity cooperation.

Getty and Corbis unified thing, Jonathan Klein admitted that he did not do something for 21 years, it has been VCG do. Now, unity and beauty canopy cover things, but also by VCG you do it? Wait and see."
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Maui on January 29, 2016, 11:38
Quote from: Jo Ann Snover on January 29, 2016, 09:49
Now, unity and beauty canopy cover things,

Sounds almost poetic  :-*
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Jo Ann Snover on January 29, 2016, 13:43
Quote from: Maui on January 29, 2016, 11:38
Quote from: Jo Ann Snover on January 29, 2016, 09:49
Now, unity and beauty canopy cover things,


Sounds almost poetic  :-*


Sounds a bit like Sarah Palin (with apologies to those outside the US - she's a part of this election's silly season (http://www.theguardian.com/us-news/2016/jan/20/sarah-palin-donald-trump-endorsement-speech-quotes))
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Tryingmybest on January 29, 2016, 13:51
Quote from: Jo Ann Snover on January 29, 2016, 13:43
Quote from: Maui on January 29, 2016, 11:38
Quote from: Jo Ann Snover on January 29, 2016, 09:49
Now, unity and beauty canopy cover things,


Sounds almost poetic  :-*


Sounds a bit like Sarah Palin (with apologies to those outside the US - she's a part of this election's silly season ([url]http://www.theguardian.com/us-news/2016/jan/20/sarah-palin-donald-trump-endorsement-speech-quotes[/url]))


You betcha!  :o
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Karen on January 29, 2016, 17:03
Quote from: williamju on January 29, 2016, 05:22
according to the latest disclosure from VCG (Visual China Group): more M&A right after the purchase of Corbis Images, this time is Getty Images

file got from stock exchange [url]http://www.tukusheying.com/info/es_t_20160129111259.html[/url] ([url]http://www.tukusheying.com/info/es_t_20160129111259.html[/url])

Perhaps Visual China Group is interested to buy iStock from Getty?  ???
http://www.microstockdiaries.com/visual-china-group-may-acquire-equity-in-getty-images.html (http://www.microstockdiaries.com/visual-china-group-may-acquire-equity-in-getty-images.html)
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: PixelBytes on January 29, 2016, 22:56
Quote from: Karen on January 29, 2016, 17:03
Quote from: williamju on January 29, 2016, 05:22
according to the latest disclosure from VCG (Visual China Group): more M&A right after the purchase of Corbis Images, this time is Getty Images

file got from stock exchange [url]http://www.tukusheying.com/info/es_t_20160129111259.html[/url] ([url]http://www.tukusheying.com/info/es_t_20160129111259.html[/url])

Perhaps Visual China Group is interested to buy iStock from Getty?  ???
[url]http://www.microstockdiaries.com/visual-china-group-may-acquire-equity-in-getty-images.html[/url] ([url]http://www.microstockdiaries.com/visual-china-group-may-acquire-equity-in-getty-images.html[/url])


God I hope not!   I am no fan of Getty, but I don't know a thing about VCG other than I don't trust the nonexistent intellectual property rights in China.

The announcement seems to be just a reiteration of what is already known about Getty distributing VCG (therefore Corbis) content outside of China.
Title: Re: more news from VCG: more M&A, this time is Getty Images
Post by: Carmen on January 30, 2016, 03:45
I told you so, the chinese will buy getty and will squeeze even further photographers pockets