500px has been acquired by Visual China Group (VCG), the Beijing, China-based photo and media agency that’s known as “the Getty Images of China. ” VCG announced today that its subsidiary VCG Hong Kong has acquired 100% of 500px shares.
VCG previously led a $13 million funding round in 500px back in July 2015, becoming 500px […]. petapixel.com
Visual China Group, the “Getty Images of China” and owner of 500px, has sparked an outcry after it attempted to claim copyright to the first-ever black hole picture that became a worldwide sensation this week.
500px has announced that it will be winding down its Marketplace for premium royalty-free stock photos and will instead be selling its users photos exclusively through Visual China Group (its parent company) in China and through Getty Images across the rest of the world.
After Bill Gates sold Corbis Images to Visual China Group (VCG) back in January 2016, the citizen journalism photo agency Demotix (which Corbis bought in 2012) suddenly went dark. Now, after over a year has passed since the Corbis sale, some Demotix contributors have finally received an email from VCG… with few happy answers. Back […]