Jupitermedia acquired Mediabistro for $20 million in cash and a two-year earn-out that may result in an additional $3 million. Lauren Touby, the founder of the New York-based online community Mediabistro.com, who will stay with the company, referred to the $23 million deal as "a marriage of minds and media resources."
This July marks the first year for ProStockMaster, a shareware software package that allows microstock contributors to simultaneously upload images to eight leading Web sites. ProStockMaster also features additional capabilities designed to streamline a photographer's workflow.
Virgin Mobile, a UK mobile phone company with global reach, is using amateur photos in a major advertising campaign promoting its services in Australia. All photos were obtained from Flickr, where these were posted by users under a Creative Commons license.
This edition includes stories on: Morris to Run Jupitermedia Online Biz; Xcavator.net Adds iStockphoto Images; Thought Equity to Distribute NBC News Footage; age fotostock Expands in Sweden; and Corbis Awards Miami Ad School Student.
Wellcome Trust, a U.K.-based charity that spends £500 million per year to fund biomedical research, has launched Wellcome Images. The online library offers access to an unprecedented number of medical images, manuscripts and illustrations exploring the past and present of the art and science of medicine.
Two weeks after the much-publicized launch of the Corbis microstock offering, opinions vary. Some think SnapVillage is a bad deal for photographers and that the existence of micropayment brands will end up restricting photographer access to the premium stock-image market.
This edition includes stories on: Apple Sued Over Image Use and Masterfile Continues Design-Based Strategy, Wins More Awards.