Denver-based Thought Equity Motion has become the exclusive global-licensing agent for HD stock footage from select films in the Metro-Goldwyn-Mayer Studios library.
The proliferation of the royalty-free model, strengthened by the advent of microstock, has turned stock licensing into a volume business. Though most severe in creative stock, pricing is on a clear downward trend across most image categories. While there will always be a professional buyer segment that seeks premium imagery and related services, many art directors and designers have shifted from traditional to micro-payment imagery for certain projects.
This summer, images from the collection of London-based Science Photo Library will be on view in two exhibits in England.
Corbis is seeking to further penetrate the growing editorial market segment in Spain. A new partnership with Spain's editorial-image leader, Cordon Press, takes effect in July.
Asia Images Group, CuboImages and Latinstock will be among the image producers unveiling new collections at the June CEPIC Congress. In addition, industry supplier Akamedia will demo its video-distribution system, which allows an image agency to create its own video offering.
Linda Royles, CEO of the British Association of Picture Libraries and Agencies, is stepping down after a decade-long tenure. Also moving on is membership manager Christina Berry. BAPLA views the departures as an opportunity to review the organization's strategic direction.