On the heels of a recent loss of the National Football League business, Getty Images has announced it has renewed its agreement to serve as an official photographic partner of the United States Olympic Committee.
Image Source founder Christina Vaughan has been shortlisted for the Entrepreneur of the Year Award. The honor is part of the Asian Women of Achievement awards, which identify Asian women making a significant contribution to British life.
LookStat, an online startup serving microstock photographers, has announced it has closed a round of financing with $500 in venture capital. The Seattle technology company offers a Web-based service that allows microstock contributors to track their sales by image at multiple sites.
Dubai-based Arabic stock library Gulfimages has launched Upload, a portal that will accept contributions from professional, semi-professional and hobbyist photographers.
According to the latest figures ZenithOptimedia, global ad spending will decline by 6.9% in 2009 compared to last year. The largest losses will be in emerging Central and Eastern European markets, which will drop by 13.9%. North America is projected to decline by 8.3%, with the United States losing 8.7%, more than both regional and global averages. Western Europe's projected ad-spend decline is 6.7%.