Bill Gates Buys Into LA's Splash News
As Seattle Times business reporter Melissa Allison so aptly puts it today in her article lede about Corbis Images’ acquisition of 21-year-old LA outfit Splash News, Bill Gates now owns a piece of Angelina Jolie. Or at least a piece of her luscious lipped photographic image.
The two biggest consumer photo licensing companies, Corbis and Getty Images, are both now headquartered in Seattle. To a certain extent, the decision by Corbis to purchase Splash for an undisclosed amount is just one more example of the “TMZ-ization” of the media.
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