This article includes: a21 Acquires ArtSelect; Corbis and Mike Watson Images Announce Content Partnership; Corbis Appoints Ross Sutherland Chief Creative Officer; Masterfile To Launch Radius Images, New RF Collection; MediaVast Completes $15 Million Series C Round of Financing; Stock Photo Finder Launches in UK; Digital Railroad Expands Collaboration with the PLUS Coalition; Marshall Buys Imagestate
Getty Images has made a deal to acquire the 17,000 John Foxx RF image collection from Image State for approximately $1.5 million or about $88 per image. For less than $1 million Sheldon Marshall has purchased rights to represent the Image State RM collection.
Stock photographers shooting on spec face a new, mostly unseen challenge when trying to sell images. Dan Heller compares the explosion of amateur photographers with digital cameras feeding images into the marketplace with the unseen, but powerful "dark matter" of the universe.
Joint administrators from Kroll Limited in the UK have been appointed to operate Image State until it can be sold or closed down. Rumors have it that at least one company is looking to acquire the entire company and at least 22 companies would like to acquire various parts of ImageState.
Jupitermedia Corporation has reported revenues for the quarter ended March 30, 2006 of
$33.9 million compared to revenues of $19.7 million for the same period last year. The figure was only $1.8 million above the previous quarter despite a number of new acquisitions that should be providing revenue.
This issue contains stories on: ASMP Seeks Dynamic Solutions To Orphan Works Dilemma; Orphan Works In The UK; Jupiterimages Acquires IFA Bilderteam; Video on Google; PhotoIndia.com Launches RF Collection; and Sales Going Down -- Attitude Change.
This issue contains stories on: Transtock(R) Unveils New Licensing Model,ASMP Seeks Online Copyright Registration Within DAM Programs, Masterfile and PicScout to Focus on Europe Too, Superstock Expands Partnership with PicScout to Protect its images in Europe, NewsCom Partners with Wireimage, Photolibrary Acquires Monsoon Images of New York, Custom Medical Stock Photo Offers RF Collection, Photononstop Launches RF Collection- Hires International Network Coordinator, WireImage To Distribute Images From The Conde Nast Archive
a21, Inc. has announced the completion of a private placement of $15.5 million of Secured Convertible Notes ("Notes") with institutional and accredited investors. The Company expects to use the proceeds of this private placement to repay existing debt, provide working capital, and for acquisitions and expansion.
Getty Images, Inc. has acquired Laura Ronchi, S.p.A., its largest master delegate and the leading provider of visual content in Italy. No information was supplied as to the price paid for the acquisition.
This issue contains the following stories: Epiphany; Imagestate Looks For Buyers; The Future At Corbis; State of the Industry, State of the Art; Stock Licensing Industry - 2006; Search Results Lottery; 2006 Stock Income Survey Results; Getty Acquires Stockbyte, $135 Million; Getty Q1 Revenue $200.9 Million; Jupitermedia 2005 Results; U.S. Congress May Gut Copyright; Klein Switches Position On Subscription; Copyright Small Claims Court; Alamy Posts 2005 Numbers; James West Talks About Alamy and Searching On Google.