DGAP-Media / 2021-09-02 / 15:41
motion push acquires ddp: just one of the world’s major image agencies has been established in Germany
motion push now with 110 million electronic property in stock, up to 50,000 new pics everyday – 5,000 photographers and video clip producers in 120 countries – 130 partner agencies Frankfurt am Principal/Hamburg, September 2, 2021 – It is the 2nd takeover after the acquisition of the image property of the lesser competitor face to facial area GmbH in February 2021 and just one of the biggest in the complete business of image databases: action press AG (Frankfurt am Principal), mum or dad organization of action press worldwide GmbH, a media company founded in Hamburg in 1970, now signed a acquire agreement to acquire 100 percent of the shares in ddp Media GmbH (Hamburg).
Following the takeover, the editorial staff members of the complete team will procedure up to 50,000 new countrywide and worldwide pics and videos from 5,000 photographers and video clip producers as well as 130 lover agencies from 120 nations every working day.
ddp is the new subsidiary of action press – synergy results envisioned The ddp photograph company team, whose identify can be traced back to ddp Deutscher Depeschendienst started in Hamburg in 1971, includes Image Press, Intertopics and FoodCentrale photo company brand names in addition to ddp media GmbH (Hamburg), laif Agentur für Pictures & Reportagen GmbH (Cologne) and Stella Photos AB (Stockholm) organizations.
The acquisition of ddp media GmbH, which now belongs to motion press AG, noticeably expands the variety of solutions and companies available by the motion press group. Image experiences and capabilities from all above the globe, studio portraits of perfectly-known personalities from politics, business and culture, significant-excellent vacation, inventive and title productions, foodstuff articles and recipe solutions, as nicely as image syndication for publishers these types of as The New York Moments, United states of america these days, The Sun, The Moments, The Sunday Situations, Mondadori Photograph, Gruner & Jahr and the Klambt media team, will enable the editorial assortment of providers to be expanded appreciably. The administration of motion push expects a good contribution to the Group’s earnings in the 1st fiscal calendar year just after completion of the acquisition thanks to synergy results.
World-wide Payer: action push Media Group action push has long considering the fact that joined the ranks of essential players these types of as Shutterstock, Getty Visuals and Adobe. Publishers, media organizations and company clients will discover a broad vary of subject areas and a selection of recent productions and archive product at the motion push media team. 110 million pics as nicely as picture stories and characteristics from the places of leisure, politics, enterprise, aristocracy, lifestyle, stock photography, latest affairs and sports activities can be researched on the web in the company databases. The motion press group, which was relaunched in August 2020, sees itself not only as an interface involving photographers, video producers and media customers. It also offers publishers and Television set broadcasters the chance to have in-house productions syndicated globally by their organizations. Media firms can outsource some or all of their editorial get the job done procedures. In this scenario, the 55 motion press editors acquire more than photograph research, arrange commissioned photograph productions and acquire care of the clarification of picture rights.
motion press syndicates and manages the each day reporting of 30 German regional newspapers of the Regio-Group, which was founded in spring 2021. Nearby news, reviews, characteristics and athletics stories are turned into breaking news of nationwide relevance. In July 2021, motion push presented the initial video clip database to countrywide and international media customers. The database consists of thousands of video clip productions from the locations of entertainment, news, lifestyle and characteristics. Television stations, online and other media corporations now have the chance to download video clips all over the clock and thus meet up with editorial deadlines.
The company team also organizes countrywide and worldwide photo assignments, photograph shoots, stories and movie productions for providers and delivers celebration, sponsorship, PR, reportage and firm-particular commissioned pictures for the entire company sector.
The acquire price of a mid-one-digit million amount of money will be financed from present liquidity and freshly elevated credit card debt money, which will be provided, among the some others, by the shareholder Deutsche Balaton AG (Heidelberg) via a bond.
The shares of action push AG have been traded considering the fact that May well 2021 in the common over-the-counter marketplace of the Düsseldorf Stock Trade beneath WKN A2TSNU (ISIN DE000A2TSNU7). In 2022, the shares are to be shown on the Xetra inventory trade. The share funds of action press AG amounts to 22.05 million euros.
The Administration Board of motion push AG is designed up of Professor Moritz Hunzinger (Frankfurt am Main), who had previously obtained a the greater part stake in action push in 1999 as CEO of the mentioned infas Holding AG (previously Hunzinger Data AG) for 20 million deutschmarks and headed it right until 2004, and Ulli Michel (Hamburg), who has been Running Director of motion press in Hamburg since 2010. Hunzinger: “Considering the fact that working day just one, motion press has sent the facts edge. Pursuing the acquisition of ddp, action press will proceed to improve strongly, and not just organically. We will quickly examine our digital belongings and make precious photos digitally tradable as tokens broken down into electronic units as a entire or in components.”
Advisors: Heuking Kühn Lüer Wojtek RA WP StB Prof. Dipl.-Vw. Dr. jur. Heinz-Christian Knoll, mwb fairtrade Wertpapierhandelsbank AG Notaries: FM Notaries Funke Mühe
– Prof. Moritz Hunzinger: [email protected], +49 171 60 333 20
– Ulli Michel: [email protected], +49 172 253 73 03
action push worldwide gmbh Oehleckerring 9a-13 22419 Hamburg
action press AG Wielandstr. 3 60318 Frankfurt am Principal Conclusion of Media Release
Issuer: motion push AG Essential term(s): Online and Multimedia
2021-09-02 Dissemination of a Press Launch, transmitted by DGAP – a company of EQS Group AG. The issuer is only accountable for the written content of this announcement. The DGAP Distribution Expert services include things like Regulatory Announcements, Financial/Corporate News and Push Releases. Archive at www.dgap.de
Language: English Business: motion press AG Wielandstr. 3 60318 Frankfurt am Principal Germany Cellular phone: +49 ()69-15200320 E-mail: [email protected] Internet: https://www.actionpress.de/ ISIN: DE000A2TSNU7 WKN: A2TSNU Mentioned: Regulated Unofficial Market place in Dusseldorf EQS News ID: 1230955 Conclude of News DGAP Media =------------
(End) Dow Jones Newswires
September 02, 2021 09:41 ET (13:41 GMT)