Panasonic, the flagship brand of Matsushita Electric Industrial, has renewed a three-year sponsorship contract of Our Place-World Heritage, a photo project that aims to build a photo library of the world’s historic sites. The
Osaka-based company, which recorded revenues of over $77 billion last year, is the project's principal financial sponsor.
California stock agency LOOK Photography now distributes select rights-managed and royalty-free images by Narratives, Red Cover and Quick Image.
BrightQube, a stock-image distributor and search engine founded in 2007, has launched a carbon-reduction program. The company will purchase TerraPass carbon offset credits that correspond to the amount of time buyers spend on its Web site for the duration of the program. All buyer activities will be taken into account, from setting up free accounts to building lightboxes and purchasing images.
Last week, Digital Railroad and the Midwest chapter of the American Society of Media Photographers organized a Chicago image-buyer roundtable. The panel included local advertising, corporate and publishing executives, who offered a rosy perspective on the state of the stock-licensing industry.
James Alexander, the former head of Adobe’s failed stock-image operation, has joined Jupitermedia as senior vice president and general manager of Jupterimages.
The Associated Press continues on the quest for domination of the sports and entertainment image segments. After moving longtime executive Daniel Becker to a newly created director post for entertainment content, AP replaced him with Getty Images’ veteran Guinevere Smith.
Editorial Photographers of U.K. and Ireland, an independent membership-based group and email list, is spearheading a grassroots copyright campaign. The first step is a new Web site, Copyright Action, a "community and educational resource that aims to become the intellectual property equivalent of Crimestoppers," according to EPUK.
The latest report from TNS Media Intelligence, a research firm specializing in advertising and marketing information, says the ad market continued to sputter at the end of 2007. The year ended with $148.99 billion in ad revenue, a 0.2% increase of ad spending since 2006. TNS senior vice president of research Jon Swallen describes the market as stalled and "engulfed by the spreading pessimism about general economic conditions."
News agency AP is shifting focus, taking a primary role in covering sports and entertainment news worldwide and across all platforms.