Contemporary news reporting increasingly features multimedia content, motivating research on multimedia event extraction. However, the task lacks annotated multimodal training data and artificially generated training data suffer from the distribution shift from the real-world data. In this paper, we propose Cross-modality Augmented Multimedia Event Learning (CAMEL), which successfully utilizes artificially generated multimodal training data and achieves state-of-the-art performance. Conditioned on unimodal training data, we generate multimodal training data using off-the-shelf image generators like Stable Diffusion and image captioners like BLIP. In order to learn robust features that are effective across domains, we devise an iterative and gradual annealing training strategy. Substantial experiments show that CAMEL surpasses state-of-the-art (SOTA) baselines on the M2E2 benchmark. On multimedia events in particular, we outperform the prior SOTA by 4.2\% F1 on event mention identification and by 9.8\% F1 on argument identification, which demonstrates that CAMEL learns synergistic representations from the two modalities.

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