This just in and exclusive to PAN: ddp images and abaca press have acquired STELLA Pictures in Stockholm. The agency becomes part of the abaca and ddp network.
Since starting in 2004 STELLA has grown to be the go-to agency for images of the Scandinavia Royal family as well as exclusive editorial photo sets covering celebrities, entertainment, news, and sports. The photo archive reaches back to the 1970’s.
In joining the abaca/ddp network, Stella Pictures will not only expand the news and entertainment offers but will also give their photo clients access to more than 6 million creative images.
• Stella Pictures AB continues operating as an independent Swedish company and STELLA staff will soon be moving to new offices in Stockholm. Pernilla Wohlin has been appointed Managing Director … “I am looking forward to the cooperation with ddp and abaca. We have found two strong partners and will be able to offer pictures even faster and more up to date in the future. With an efficient and service-oriented structure and with such experienced and well-connected players by our side, we will gradually establish an attractive alternative for the image sourcing of media houses and corporates throughout Scandinavia in the years to come”.
STELLA founders Toni Sica and Leif Althin say: “We are very happy to hand the agency over to such a dynamic group and thus lay the foundation to further strengthen STELLA’s position in the Swedish picture market”.
abaca founder Jean-Michel Psaila: “The international photo and video production of abaca is now represented by an outstanding agency in Scandinavia. The move into this market is promising for us and hopefully an enrichment for the Swedish press landscape”.
ddp Managing Director Ulf Schmidt-Funke told PhotoArchiveNews.com this morning: “The exclusive range of Royals pictures from Scandinavia has been enthusiastically received by our customers. The integration of STELLA Pictures into the ddp group is also an important building block in our strategy for a European network of leading independent agencies that are reliable, flexible and above all visually relevant. This is a deliberate counterpoint to current developments in the picture agency market, which increasingly make pictures appear as commodities like any other”.
• The acquisition took effect on November 27, 2019
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