Brentwood, Tenn.-based Dreamstime, originally launched in Romania, is expanding distribution in its native region. It has partnered with Prague's Imagio.cz to bring micro-priced creative and editorial imagery to the Czech Republic and Slovakia. Financial arrangements were not disclosed.
This month saw the launch of Celebrity Extra, the first of a multimillion-dollar group of new entertainment-focused news products from the Associated Press. Focusing on A-list stars, Celebrity Extra video is available now, and a photo service is scheduled to launch in September.
As image collections have grown, finding the right image quickly has become an increasingly difficult problem for customers. Back when the industry delivered 35mm transparencies, customers could call a picture agency, describe their need in detail and a researcher would delve through hundreds of images to find the few best. These selects were then shipped to the customer for final consideration. Internet search has changed all that.
As part of the process of selling Getty Images Goldman Sachs was
provided detailed information relative to Getty's operations and on
November 28, 2007 they produced a report that projected revenue for
2008 and 2012. The following are those figures. Getty Images was later
sold to Hellman & Friedman. Due to the tremendous pressure microstock is putting on the stock photo market the following chart should be sobering for both traditional RF and RM shooters.
This chart provides a list of the major sellers of stock photography worldwide. The list is broken up into three separate groups, those with revenue in excess of $20 million, those with revenue between $5 and $20 million and those with revenue between $1 and $5 million.
This chart provides a list of the stock agencies Getty has acquired since its founding in 1995.
The recently announced program to add StockXpert contributor images to the Photos.com Web site is set to launch on Aug. 20. Jupiterimages, the parent of both brands, has also revised some of the parameters in response to photographer feedback.
The first image-to-image search engine, TinEye, is now open to the public.
Below is a list of the Getty Images revenue for the various segments of their business quarter by quarter from Q3 2002 through Q4 2007. At the beginning of 2008 Getty stopped supplying quarterly breakdowns.
The following is a breakdown of Getty's Footage sales per quarter from Q4 2002 through Q4 2007. At the end of 2007 Getty stopped providing breakdowns of individual segments of their business.