Those who feel microstock businesses are ruining the industry are sure to be outraged by a new, potentially even lower-priced image offering from British newcomer moodboard. The London-based company, owned by Mike Watson of Digital Vision fame, launched moodboard unlimited, a Web site that allows customers to set their own prices for royalty-free images.
The Picture Licensing Universal System Coalition, an industry-neutral nonprofit that aims to simplify and facilitate image-rights management, has elected five new directors to its board. They represent their industries' trade and nonprofit associations. The PLUS board unites all industries involved in image creation, distribution, use and preservation.
Previously a division of downunder celebrity-photo agency More Images, Keedup Ltd. is now a separate business entity. In addition to expanding its keywording operation, Keedup plans to introduce a range of new services targeted at stock-licensing companies.
a21, the owner of the ArtSelect, SuperStock and MediaMagnet brands, is deferring quarterly cash interest payments on $15.5 million Secured Convertible Term Notes. The cash will be used for short-term operational enhancements and strategic initiatives.
In late 2007, Getty Images-owned iStockphoto launched a corporate accounts program, offering additional evidence of microstock penetrating the professional image-buyer market.
New York-based PhotoShelter appointed Andrew Fingerman as vice president of marketing. Former Getty Images executive Genevieve Harley also joins the company as director of sales.
After the mid-January news of massive layoffs at Digital Railroad, observers speculated that the company was in trouble. This week, the newly appointed CEO Charles Mauzy issued a statement that tries to alleviate these concerns.