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Article: The Image Bank acquires Archive Films/Archive Photos.
- Article from:
- Business Wire
- Article date:
- June 4, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS--(BUSINESS WIRE)--June 4, 1997--The Image Bank (TIB) announced today it has acquired Archive Holdings, Inc., which operates Archive Films/Archive Photos, the world's largest provider of archival stock footage and photos. The acquisition represents more than 20 million historical stills and 14,000 hours of vintage motion picture footage.
"This acquisition is in perfect alignment with our strategic approach to expansion. Archive complements our existing stills and film business and provides new opportunities for growth," says Rex V. Jobe, president and CEO of The Image Bank, a wholly owned subsidiary of the Enterelationships," says Jobe. "Our ...