Getty, Corbis Begin Image Reductions

Posted on 12/18/2007 by Jim Pickerell | Printable Version | Comments (0)

Getty is not the only company engaging in massive editing of its file. Several Corbis photographers have been advised in letters from Ross Sutherland, Corbis Chief Creative Officer, that close to 50% of their images will be removed.

Getty contributing photographers were given advance notice that Stone, Taxi and Photonica images marketed for more than three years, but not sold in the last two, would be culled. The photographers were given the option to have these images returned or placed into the Photodisc RF collection on Punchstock. Punchstock is scheduled to become an entirely RF collection early next year.

When these images are moved to Photodisc on Punchstock they will be loaded as "new images," which should give them priority in the search order. Getty is also examining the possibility of returning scans to photographers so it is not necessary to re-scan images in order to market them through another venue.

Some Corbis photographers have asked for cpies of the digital files that are scheduled for removal, but no high-res files of removed images are available, even for a fee.

Several Getty Image Partners have said they have been ordered to choose 50% of their images for removal, or Getty will make its own selection. This indicates that there is a lot of editing still to be done, and Getty's file is likely to become significantly smaller.

It seems to be assumed that images that have not sold for two or three years will never sell because newer, better images will always be available. It that is the case, then the reductions in numbers should not have a major impact on revenue generated.

Stock photography used to be considered a long-term investment for a photographer. Many expensive generic productions were not expected to recover their total costs in the first year or so, but were expected to generate substantial income over a long useful life. That may not be the case in future, as newer images will supplant older ones.


Copyright © 2007 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-251-0720, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

Comments

Be the first to comment below.

Post Comment

You must log in to post comments.

Stay Connected

Sign up to receive our FREE weekly email listing new stories posted.

Follow Us

Free Stuff

Recent Stories – Summer 2016
If you’ve been shooting all summer and haven’t had time to keep up with your reading here are links to a few stories you might want to check out as we move into the fall. To begin, be sure to complet...
Read More
Corbis Acquisition by VCG/Getty Images
This story provides links to several stories that relate to the Visual China Group (VCG) acquisition of Corbis and the role Getty Images has been assigned in the transfer of Corbis assets to the Gett...
Read More
Finding The Right Image
Many think search will be solved with better Metadata. While metadata is important, there are limits to how far it can take the customer toward finding the right piece of content. This story provides...
Read More
Where Is The Stock Photo Industry Headed?
For new readers, or those who may have missed some of what I have written over the last few months, the following are a list of stories worth looking at to get a sense of where the industry is headed.
Read More
Photography As A Career
It’s that time of year when high school seniors are waiting for college acceptance letters and thinking about future careers. If you know someone who is thinking about photography as a career you mig...
Read More
2014 Stories You May Have Missed
For many the end of the year is a time to review past experiences and consider whether it makes sense to chart a new course in the year ahead. Stock photography has changed dramatically for professio...
Read More
More Stories In 2014 You May Have Missed
Every so often I put together a list of the most important stories we’ve published in the recent past. If you are engaged in the business of stock photography the links below are to stories that we’v...
Read More
Getty: A Three Month Review
In all the excitement about 35 million FREE images it is worth looking back at some of things that have been happening at Getty Images in the last three months. After watching revenue decline for the...
Read More
State Of Stock Photo Industry: 2013
If you’re looking for an overview of the state of the stock photo industry as of October 2013 the stories listed below are a good place to start. Regular readers of Selling-Stock will have seen all t...
Read More
Education Market Shifts To Digital
If supplying pictures for educational use is a significant part of your business plan you need to be aware of how the market is trending toward digital delivery and how that is likely to affect the p...
Read More

More from Free Stuff