Corbis and Visual China Group today jointly announced that Unity Glory International Ltd. has acquired the assets and brands of Corbis’ Images division, one of the world’s leading image archives and content licensing businesses. VCG is China’s leading visual communications and new media company and among the largest businesses in the image industry worldwide. Financial terms of the agreement were not disclosed. See the entire article here.
PACA, the Digital Media Licensing Association, is pleased to announce the addition of Juli Cook, Executive Vice President of Corbis Images, to its Board of Directors. Cook will fill a vacant seat as Member-at-Large and brings a depth of business acumen that will be an instant boost to PACA’s Executive team.
As the EVP of Corbis Images, Cook is responsible for leading global strategy and execution of Corbis Licensing in content categories that include News, Sports and Entertainment, Commercial content and Motion. She served as Vice President of Product Management at Washington Mutual prior to joining Corbis in 2005. At WaMu, Cook lead the charge for developing new products and services for retail bank customers. Previously, she held management roles at Deloitte Consulting and Sotheby’s.
Cook moves into the spot vacated by Elena Flanagan-Eister, CEO of Depositphotos, who stepped away from her position as Member-at-Large to become PACA’s Vice President. Eister’s experience in the tech sector will aid all the efforts PACA is undertaking in this area.
The new PACA Board is preparing for a late-July retreat in New York City where the focus will be on establishing goals for the 2014-2016 term.