Nikon Instruments' annual Small World Photomicrography Competition has become the first major contest to fully meet the new standards for photo contests, which were developed by the U.K.-based professional lobbying group Pro-Imaging.
Hertzliya, Israel-based Visual Photos has opened an office in Moscow. The expansion is a joint venture with Russian partner MediaRight, a content-syndication company with a previous focus on audio.
Swiss photo agency Kursiv plans to release KIM Keywording in early summer. Set to preview in Malta during the CEPIC 2008 Congress, the new software is intended for professional image agencies and photographers with e-commerce offerings as well as corporations that shoot or use large volumes of images.
Corbis is adding high-definition motion content from documentary filmmaker Maysles Films. The brothers behind the corporate name, Albert and David Maysles, pioneered American cinema verité in films such as Grey Gardens.
According to latest information from the Interactive Advertising Bureau, online ad spending has posted record results for the fourth consecutive year. PricewaterhouseCoopers calculates the total U.S. 2007 revenues at $21.2 billion, 26% year-over-year increase.
I believe the gross worldwide revenue generated from the licensing of stock imagery, both still photos and illustrations, is about $1.8 billion annually. This article focuses on licensing rights to stock imagery. The figures include wire service imagery made available through subscriptions and all other subscription products.