These press releases include: Pressens Bild and Scanpix of Sweden to Merge; Photononstop Opens Office In Spain; Photolibrary Group Acquires Garden Picture Library.
This issue contains: Where Is The Industry Headed, Klein Interview, Jupitermedia Reports Q1 Results, Ad21 Revenue Up, SuperStock Launches Purestock, Jupiter Acquires Goodshoot, Getty Acquires Photonic/Iconica, Getty Production In India, PicScout and Digimark Partner and Changes at Coleman UK and Coleman USA.
This release contains: Veer Announces New Shuttleboard Interactive Lightbox, PictureArts Expands with IBID Partnership, PictureArts Represents Untitled Collection, Imagefood In Czech Republic, Digital Railroad Raises $5.2 Million, ImageState Partners with Hachette Filipacchi Photos, Albers Named to SuperStock Board and Travel Photographers Network Sold by Nature Photographers Online Magazine.
Jupitermedia Corporation has announced a definitive agreement to acquire PictureArts Corporation for approximately $63.2 million in cash, subject to certain post-closing adjustments.
The acquistion includes PictureArts' quality brands: Brand X Pictures, FoodPix, Botanica and Nonstock, as well as its image distribution business. The transaction is expected to close during the third quarter of 2005.
On May 13th Jupitermedia announced to its shareholders that Getty Images had terminated its distributor agreements with Jupitermedia. Through its Creatas and PictureQuest divisions Jupiter had been representing Getty's PhotoDisc and Digital Vision RF brands and Getty on its www.gettyimages.com site had been representing Jupiter's Comstock and Thinkstock brands.
In a rare interview Getty Images co-founder and CEO, Jonathan Klein told Jerry Kennelly, CEO of Stockbyte, that the company does not plan to diversify outside the image business. Despite speculation that Getty might target companies in other sectors for acquisition, Klein ruled this out. Klein also discussed a number of other issues.
It's time to take a comprehensive look at the stock photo industry and where I think it is headed. The last few years have seen dramatic changes and more are still to come. The keys to success of five to ten years ago are totally outdated. Information you need to develop a business plan now.
With the mushrooming number of images available online and the growing number of portals picture researchers are discovering that their task of finding the right image is getting harder not easier. Punchstock, Digimark and Capture Desk are all offering new search tools.
James Alexander, Director of Adobe Stock Photos, discusses "The Ever-changing Stock Photo Landscape" and explains how Adobe Stock Photos, a new service within Adobe Creative Suite 2, will make finding and working with digital images easier for creatives.
This edition of Random Thoughts contains short items on: Jupiter Acquires Goodshoot, Masterfile to Handle WireImageStock's Collection Internationally, SuperStock Names Susan O'Brien VP, Getty Production In India, Picturearts Expands Nonstock Offering, Imagestate Signs Distribution Deal and Finding Fine Art Photo Dealers.
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This stock photography news site focuses on the business side of photography with a special emphasis on stock photography. Our goal is to help photographers maximize their earnings based on the quality of their work and the commitment they are prepared to make to the trade. The information provided will be applicable to part-timers as well as full time professional photographers. We’ll leave it to others to teach photographers how to take better pictures.
Jim Pickerell launched his career as a photographer in 1963. In 1990 he began publishing a regular newsletter on stock photography. In 1995 the information was made available online as well as in print and was gradually expanded to a daily service.
Click here for Pickerell's full biography.
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