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New York - October 2006-- Leading globalstock image group, Photolibrary, are excited to
announce its further expansion with the signing of an agreement to purchase
Index Stock of New York. Index Stock will join the rapidly expanding
group, which includes Photolibrary www.photolibrary.com, Garden Picture Library (GPL) www.gardenpicture.com,
Oxford Scientific (OSF) www.osfimages.com
and www.osffootage.com, Fresh Food Images (Anthony Blake of the UK
– www.abpl.co.uk) and Monsoon Images www.monsoonimages.com (also out of New York). This merged collection continues Photolibrary
Groups’ strategy of providing the picture buying community with easy
access, striking imagery and unbeatable service across an ever-growing
subject range that straddles the unique and the everyday. Index Stock markets a library of over one million digital images through four brands - Index Stock Imagery and Index Open, catering to advertisers, designers, large corporations, magazines, and book publishers, and Photos To Go and Photos To Go Unlimited,
marketing to small business and home business image users. Utilising
this structure, it is Photolibrary Group’s intention to re-brand the
Index Stock business whilst simultaneously launching a more traditional
RM and RF website via www.photolibrary.com in the US.
Glenn Parker, Photolibrary Group CEO explains: “This approach will give
our contributing artists direct access to the US Market, in turn giving
US customers access to the full suite of our collections which range
from traditional lifestyle imagery through to specialist collections in
nature and the environment; gardens and botany; food and fine art
imagery. Index Stock's current and future artists will also benefit
from being placed on www.photolibrary.com where customers can access all this product in one place.
Index Stock founder Bahar Gidwani says: “Joining the Photolibrary Group
brings new opportunities to Index Stock’s artists, customers, and
employees. Index’s artists will benefit from the investments
Photolibrary is making in distribution, marketing and technology.
Index’s customers will see millions of great new images and its
employees will be an important part of a larger, worldwide
organization. I am proud of what our team accomplished over the past
fifteen years and I know Index Stock will make a substantial
contribution to Photolibrary’s future success.”
Glenn Parker continues: “This is Photolibrary Group’s next step into
the US market and we are excited about the possibilities on offer to
our customers. We can also now truly say to our present and future
artists that we can service customers across all major territories
around the world.”
About Photolibrary
The Photolibrary Group gives customers access to over 2 million images
and over 2,000 hours of footage, available online via
www.photolibrary.com and www.indexstock.com plus its specialist
websites www.osfimages.com, www.osffootage.com, www.gardenpicture.com,
www.abpl.co.uk and www.monsoonimages.com. With offices in 10 countries
around the world, the group is able to deliver superior customer
service and support. In addition to a unique set of wholly owned
brands, the group offers customers over 100 partner brands and
represents over 2,000 photographers from around the world. The
Photolibrary Group has offices in the United Kingdom (London and
Oxford), the USA (New York), Australia (Sydney and Melbourne),
Singapore, India, Malaysia, the Philippines, Thailand, New Zealand and
the United Arab Emirates. |