Michel Puech‘s weekly magazine, Dredi, has just announced the acquisition of the Abaca agency by Paris Match.
In a press release, Pierre-Emmanuel Ferrand and Jérôme Béglé are “pleased to announce that Paris Match has acquired 80% of the capital of Abaca, an independent photographic press agency founded in 1992 by Jean-Michel Psaila,” who remains a director and minority shareholder.
In recent years, Jean-Michel Psaila, 63, has been seeking to ensure the long-term viability of his press agency. He had previously partnered with Ulf Schmidt-Funke of the German agency DDP, which still held a 17% stake before the Paris Match deal.
https://www.loeildelinfo.fr/2025/07/25/edition-speciale-paris-match-soffre-lagence-abaca-press/
