Contrary to prevailing doom-and-gloom predictions for the advertising industry, a recent survey by the Association of National Advertisers says 68% of advertisers will either increase spending or retain current levels during the next 12 months. The survey results also highlight the trend toward social networks and other Web-based marketing activities, adding weight to predictions of continuous growth in uses of images online.
Alamy has clarified a few aspects of its arrangement with the Copyright Clearance Center to create the new ReadyImages service that was announced yesterday. The company's Rachel Wakefield said the ReadyImages offering is quite different from CCC's past photo-industry activities, which concerned many photographers.
Photolibrary has provided
Selling Stock with a list of 49 Index Stock photographers for whom the company has no contact information. All of them are owed money from sales made by Index Stock prior to Photolibrary acquiring the company.
Fotosearch, a longtime stock distributor based in Wioming, has acquired micro-payment business Can Stock Photo for an undisclosed sum. The microstock Web site was founded in Nova Scotia, Canada, in 2004 by then-college student Duncan Enman, who will remain with the company.
U.K.-based Alamy has partnered with the Copyright Clearance Center, a 30-year-old American company that specializes in rights licensing and clearance, to offer large companies images for internal use on a subscription basis.
Jupitermedia has adjusted previously reported third-quarter earnings by reporting a non-cash impairment charge to goodwill in the amount of $40 million, in connection with the recently announced agreement to sell the company's images business to Getty Images. Quarterly revenues are down compared to both the previous quarter and same period of last year. There is also a sharp decline in sales through distributors.
Image suppliers are encouraged to do the same.
BrightQube has updated its Web site with new tools and a redesigned home page, which no longer includes the mosaic interface.
Diablo Management expects that Digital Railroad's main creditor will take possession of the physical servers that house photographer archives and software, wipe them clean and put them up for auction.
Traditional stock photographers are often stymied by microstock's acceptance and upload requirements, which are very different from those of traditional agencies. The Yuri Arcurs Distribution Network may offer some of the elite and very productive traditional people-and-lifestyle shooters a way of breaking into the microstock market.