purchase The Image Bank from Kodak. There has been no announcement on Getty's web
site and no confirmation from any of the parties.
One possible reason for that lack of an announcement is that Bill Gates may now be in
the play and Kodak is still negotiating for the best deal. It is hard to imagine
that Gates would allow Getty to get such a commanding presence in the market without
at least making an offer.
At the very least it appears that Kodak is ready to sell TIB. It goes without saying
the Getty would be interested in buying -- for the right price. Kodak may want cash
share. The acquisition price will undoubtedly be the largest we have seen so far in
Some photographers have asked why Getty would want TIB. Here are what I see as some
of the advantages for Getty.
American shooters for TIB get only 30% of gross sales from every office around
the world except New York and Boston. Will the TIB shooters be offered the standard
TSI contract which is a better deal for them? Will the TSI shooter be pressured to
accept even lower percentages to conform with those being paid to TIB photographers?
Will TIB photographers get preference in catalog selection because they are willing
to accept lower percentage than TSI shooters?
Another rumor coming from The Seattle Times is that Getty Images has acquired Online
USA, a leading provider of celebrity news and event photographer on the web. The
deal is said to be worth about $2 million, but still has not been announced publicly
by Getty Images.
Online USA has about 30,000 images online. They specialize in fast-breaking
celebrity news coverage and provide photos to hundreds of magazines and newspapers
worldwide. It will become part of the Press and Editorial Division of Getty whose
other brands include Liaison Agency, Allsport and Hulton Getty.
In an effort to try to reach consumers Getty announced today an agreement with
RealNetworks, Inc. to connect the more than 70 million users of RealNetworks products
to Getty Images' visual content on the Internet.
As part of the agreement, Getty Images' leading brands, commencing with EyeWire,
PhotoDisc, and Hulton Getty, are featured visual content providers for RealSlideshow
Plus, enabling users to easily create streaming media presentations using a broad
array of contemporary stock and editorial photographs, illustrations, and clip art.
Through the RealNetworks' web site at www.real.com, RealSlideShow Plus customers can
select from a collection of thousands of free images for use in their online
broadcasts. RealNetworks develops and markets software products and services
designed to enable users of personal computers and other consumer electronic devices
to send and receive audio, video and other multimedia services using the Web.
The complete libraries of EyeWire, PhotoDisc, and Hulton Getty - consisting of
hundreds of thousands of royalty-free and rights-protected photographs, footage and
audio clips, illustrations, and clip art - are available to all RealNetworks
customers for purchase through numerous links on RealNetworks' web site.
Additionally, selected images and clips from Getty Images' collections can be
purchased through RealStore at www.realstore.com.
Beginning in November, EyeWire will feature and resell RealSlideshowPlus,
RealProducer, and other RealNetworks products through its web site www.eyewire.com
and in EyeWire's award-winning catalog.
"Getty Images offers RealNetworks users, particularly RealSlideshow and RealProducer
customers, all the components they need photographs, footage, illustrations, clip
art, and audio to create media rich, online presentations and broadcasts," said Len
Jordan, Senior Vice President, Media Systems, RealNetworks. "Businesses rely on a
hybrid of visual and audio content to communicate ideas, and Getty Images is the
leading worldwide provider that supports these diverse needs with its family of
"The impressive royalty-free content that Getty Images has provided offers a
wonderful opportunity for RealSlideshow Plus customers to easily and immediately get
started," said Ben Rotholtz, General Manager, Media Systems, RealNetworks. "The
quality and breadth of Getty Images' offerings also ensures that customers will come
back to Getty Images as their creative and business needs grow."
The agreement with RealNetworks illustrates how Getty Images leverages its many
branded collections to offer compelling solutions for both strategic partners and
customers. In addition to its exceptional breadth of content, Getty Images' focus on
e-commerce capability and seamless Internet access to its collections enables the
company to easily link its product offerings with complementary online brands, such
as RealNetworks, expanding its customer reach.
"The partnership with RealNetworks is a clear example of how Getty Images is creating
opportunities for both creative professionals and business users to access great
digital photography, audio and video," said Jonathan Klein, co-founder and Chief
Executive Officer of Getty Images. "Partnerships, such as this one with
RealNetworks, accelerate our strategy of creating online vertical portals for both
these key audiences."