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Visualphotos partners with Mediaright to open office in Russia
Visualphotos, a stock photo agency with offices in Israel, Greece and Turkey, has announced that it has opened an office in Moscow as a joint venture with Mediaright Ltd. (a global venture company with diversified holdings in New Media and content syndication). The new office was opened on May 30th, in the heart of Moscow close to the Red Square area and will be managed by Mr. Viktor Maslov. “The fact that the Russian Federation ad spending is growing constantly coupled with the fact that copyrights are now observed by the business sector, means that we have a bright future. “ states Erez Miller, President of the Visual Group.
Sergey Skorupa, GEO of Mediaright said: “Over a long period we wanted to add a photo and video distribution solution in order to complement our array of digital copyrights distribution network. We are very involved in music distribution, multimedia projects, video for web and many UGC web sites that are a host to many of Russia’s professional and semi professional photographers. The Visualphotos professional platform, including the IT team and the backoffice management software, are exactly what we needed. We were very impressed with their professional ability which was displayed in the way that the site and backoffice software were adapted to the Russian Federation’s strict tax and accounting rules. “
“I’m glad we’ll be able to present our web platform and international content partners to the Russian market”, Erez Miller continues “Russia is one of the fastest growing markets and it fits perfectly into Visual’s strategy of expanding in growing markets where we can utilize our platform, experience and localization capabilities. Penetrating a large market like Russia needed a good and strong partner; Mediaright is an excellent strategic partner with the proper connections and experience in the media, ad, and editorial markets. I was very impressed by the management team and the synergies they demonstrated. It’s a professional body with the talent and financial strength which are required to support our expansion there.”
Web: www.visualphotos.com - www.mediaright.ru - Click here to view the featured image.
Posted in: News, Stock Art Buyers, Stock Photo Companies
