Latinstock Digital,a subsidiary of Latinstock focussing on Digital Asset Management (DAM) has announced a Joint Venture with KIT digital INC to market products and services in Latin America and thoughout KIT’s Global network. This brings the number of DAM partners for Latinstock to five; the others are Data Stock, Mambo Post, MP Advanced and Global Encode. Marcelo Brodsky, president and founder of Latinstock said:
“As a company that started without any outside capital and has grown ‘the old fashioned way’ for more than two decades, it says a lot for us to enter into this agreement with KIT Digital. We found the right match with Corbis many years ago as the image management market was transforming, and we are confident we have now found the same with KIT Digital as the video management market undergoes its own transformation. The maturity and discipline of the KIT Digital team, in addition to the market leading position and deep product capabilities of the KIT VX Digital asset management platform , were key drivers for us in embarking on this important partnership.”
Through the agreement Latinstock clients will have access to on-demand hosted video asset management. This allows companies to acquire, manage and distribute video content. In the other direction KIT clients will be able to use Latinstock’s portfolio of products and services. There will be a combined sales team and a joint marketing effort.