It’s a big day for Alamy today, as they just announced they were acquired by UK news and information company PA Media Group.
The purchase responds to PA Media’s diversification strategy, as they now land in the stock imagery industry and the international market, and will use Alamy to fuel their editorial photography segment.
Alamy will continue to operate as a stand-alone agency, only now owned by the news specialist group.
See Adam West, Alamy co-founder, explaining it all in this video below:
That’s exactly what PA Media Group will do. This is a long-established, UK-based news agency, and Alamy was a strategic purchase intended to take them into the international market as well as into the commercial stock photography business.
Operating for 20 years and having a solid network of contributors and customer base all over the world, Alamy is the ideal ally to achieve those goals.
This is another task Alamy comes to help PA Media Group to complete. The news agency has an editorial photo service, called PA Images, that includes extensive archive imagery as well as contemporary and latest photography on news, sports, royals and entertainment.
Alamy’s large catalogue will boost PA Images editorial collection, but will also bring in a whole new offer in stock photos for creative (commercial) use.
While PA Media sees this acquisition as a transformational stage in their business, things for Alamy remain pretty much the same (and there’s nothing wrong with that!).
Meaning the stock photo agency will continue to work as they have been so far, only now under the PA Media Group umbrella.
At this time they don’t foresee any changes in prices, plans or services, so this move will not affect you as a customer at all.
For more details on this agency and what it offers, do check our full Alamy review.