Getty has substantially closed down all of its U.S. scanning operations which were located in Seattle. It is expected that London will staff up to handle some of the workload, but the number of images scanned annually is likely to decrease.
This story includes information on Corbis sales to Bill Gates, Corbis Incentive Plan, Getty Offer to Buy Reuters, Photog. Cost of Doing Business, Zefa Sales Growth, Editorial Photographer Recession, and more.
eMotion, Inc., has announced the sale of its PictureQuest content business to Creatas a vertically integrated, media/marketing business selling products and services to the creative community. Creatas first appeared in the stock photo environment in December 2000 when it purchased Dynamic Graphics.