Visual China Group
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| Company type | Public |
|---|---|
| SZSE: 000681 | |
| Industry | Stock photos |
| Founded | 2000 |
| Headquarters | Beijing, China |
| Subsidiaries | 500px |
| Website | www |
Visual China Group (VCG) is a Beijing, China-based photo and media agency. Established in 2000, it is a supplier of stock multimedia content to the commercial media industry. VCG is currently the largest stock image and media footage provider in China and third largest in the world.[1][2]
Since 2006, VCG has been the exclusive distributor of Getty Images' library in China. In January 2016, Unity Glory International, an affiliate of VCG, announced that it would acquire the image licensing business of Corbis. Unity Glory will license the Corbis libraries to Getty for distribution outside of China via VCG.[3][4] In early 2018, it acquired photo sharing website 500px.[5]
Controversy
On 11 April 2019, VCG temporarily shut down its website to address criticisms over content sold on the site, including falsely claiming copyright over the image of the Messier 87 supermassive black hole captured by the Event Horizon Telescope and selling it, as well as selling imagery of the Chinese flag and related symbols.[6]
References
- ^ "500px acquired by Chinese licensing giant Visual China Group". DPReview. Retrieved 2018-07-15.
- ^ "Getty Images and Visual China Group Partner in Exclusive Global Distribution Partnership for Extensive Visual Content Collection of Corbis Images". Retrieved 2018-07-15.
- ^ Frater, Patrick (January 25, 2016). "Bill Gates' Corbis Images Sold to Visual China Group". Variety. Retrieved 26 January 2016.
- ^ Laurent, Olivier (January 22, 2016). "The Decade-Long Image Licensing War Is Suddenly Over". Time. Retrieved 26 January 2016.
- ^ "One-time Flickr rival 500px acquired by the Getty of China, VCG". TechCrunch. Retrieved 2018-07-15.
- ^ "Charging to Use Image of Chinese Flag Was a Bad Idea for This Firm". Bloomberg. April 11, 2019. Retrieved April 11, 2019.
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