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Getty Images Expands into Latin America with the Acquisition of G&S Imagens do Brasil

Wednesday 03. April 2013 - Acquisition Supports Accelerated International Growth Initiative

Getty Images, a leading creator and distributor of imagery, music and other media today announced that it has entered into a definitive agreement to acquire G&S Imagens do Brasil Ltda.
Getty Images has acquired 100% ownership of G&S Imagens do Brasil Ltda, its third party distributor in Brazil. Trading under the name of Getty Images do Brasil, G&S Imagens has been the primary distributor of Getty Images’ creative and editorial content in the Brazilian market since 2008 and has been a key contributor to Getty Images’ success in the fast-growing region. The acquisition will provide customers in Brazil with a greater selection of high quality and relevant creative and editorial content than ever before, as well as expanded access to services such as photo assignment and digital asset management.
“As worldwide demand for content across multiple channels and platforms continues to increase, we are delighted to strengthen our ability to fully serve the Brazilian market,” said Jonathan Klein, Getty Images co-founder and Chief Executive Officer. “The need for both local and global content remains strong in Brazil and across Latin America, as the region continues to develop and grow. This acquisition will further enhance our geographic presence as well as our ability to better serve customers in the region and around the world, with a greater choice of innovative and inspiring content.”
With an elite roster of award-winning photographers and an unrivalled heritage of capturing high profile sporting events, Getty Images is poised to provide unparalleled coverage of the 2014 FIFA World Cup and 2016 Olympic and Paralympic Games in Brazil.

http://www.gettyimages.com
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