Update: 20:40 The Visual China Group website is currently offline.
UPDATE 19:00 Today Reuters reported Visual China Group are investing $100M in Getty Images …here’s an update on the situation from our contact at Getty Images:
“We are evaluating opportunities to partner with Visual China Group (VCG) in Hong Kong and Taiwan. A partnership could potentially include a non-controlling equity investment from VCG in those Getty Images regional entities. The parties have not reached final agreement on key terms. If and when any agreement is reached, Getty Images will provide an update at that time.”
13:00PM 19 Feb: Reuters reported today the translation on a Visual China Group release announcing $100M investment in Getty Images Reuters news feed now
A couple of hours after the news broke – Thanks Stewart M for the tip, there will be beer – our contact at Getty Images London was on the phone, above.
• Related: Here’s our report on VCG buying Corbis and Getty Images representing it all
• if you have more on this story drop me a line on [email protected] or use the comments box below, its open!