We are pleased to announce that PA Group has made a strategic investment in Wochit. PA Group is the parent company of the Press Association (PA), the national news agency for the United Kingdom and Ireland.This investment will contribute to the development of new tools and new features to further enhance our award-winning technology, while also supporting the global expansion of Wochit’s business. Additionally, this relationship brings a selection of PA’s news, sports, and entertainment content to Wochit’s asset library, offering even more content for creators to use in the rapid production of videos.
Clive Marshall, CEO of PA Group, said, “Wochit is a natural fit for the PA Group – our shared objective is to enable compelling storytelling across a range of platforms, particularly as customers and end-users look first to the visual components of stories.”
We’re thrilled about the new opportunities this partnership brings. Our own Dror Ginzberg, founder and CEO of Wochit, put it best: “Wochit is honored to receive the support of one of the world’s most widely-recognized media companies. We view this investment as a strong statement of the value we provide to our clients worldwide.”