from PIL import Image
import os

filepath = 'page1.png'
basewidth, height = Image.open(filepath).size
basenumber, ext1 = os.path.splitext(str(basewidth*0.6))
base = int(basenumber)

#rescaling the logo
finallogo = Image.open("rotated.png")
wpercent = (base/float(finallogo.size[0]))
hsize = int((float(finallogo.size[1])*float(wpercent)))
finallogo = finallogo.resize((base,hsize), Image.ANTIALIAS)

finallogo.save('rotatedwatermark.png')

background = Image.open("page1.png")
foreground = Image.open('rotatedwatermark.png')

background.paste(foreground, (40, 70), foreground.convert('RGBA'))
background.save("page1.png")