This report includes: a21 Completes Acquisition of Superstock, ArtToday.com Changes Name to JupiterImages, ZUMA Launches Reportage Division, MAC Use By Creative Community, Creatas Chooses Linux for Storage and Delivery, Decline In Use Of Film, New England Stock Victims Group, and CA Annual Competition.
Getty has announced that editorial sales will be their major focus in 2004 and currently estimates that they have about 10% of the market. This story outlines some of the challenges we think Getty will face in trying to expand their market share. The problem is not just one of marketing, but in having the type of content that editorial users -- particularly book publishers -- need. This also points to an opportunity for others trying to sell into the Editorial space.
E-Data Corporation has commenced litigation against Getty and Corbis in the Netherlands and the UK for infringing its European patent known as "the Freeny patent" which covers the downloading of information (such as photographs) from the internet in a form that is reproducable. E-Data is seeking a royalty of 5% of gross sales for sales made during the last 3 to 6 years as well as for future sales.
This story has items on: Corbis and Reuters Announce Global Alliance, Back Issues Of TIME Go Online, Adobe Considering Marketing Digital Images, and Virtual Picture Desk Handles Focus On Sports.
Image Source has launched a ground-breaking new images licensing system called Easy Rights(tm). ER let them offer exclusive rights to images that will eventually be sold as RF. Approximately 2000 images on their site at any given time will be available for ER licensing.
This story has items on Masterfile and Zefa Expand Partnership, Southern Star Group Merges with Oxford Scientific Films, New Kodak and Canon digital SLR's, Index Expands International Distribution and STEP Advertising Design Competition.
Alamy Images has announced that its 2003 revenue from licensing stock imagery grew 400% over 2002. In April the company will expand its business by opening a sales office in New York and a technology development operation in India. I will also expand its customers service operations in the U.K.
In this issue you will find stories on Getty's Flexible License Packs; Corbis 2003 Sales of $140 Million and Non-Profit Donation; Image State Revenue Down; Getty 2003 Summary; Alamy Announces Expansion; Exclusive Royalty Free At Image Source; Communication Arts 2003 Survey; Corbis & Reuters Alliance; OnRequest Partner's With Photonica; Masterfile & Zefa Expand Partnership; Developments In Asia; Adobe To Market Digital Images and the latest on the NFL Archive Move.
This story contains items on Index Stock Imagery Marketing Scholastic images, AsiaWorks offering images from Asia, more on the NFL's efforts to move it photo archive, Freelancers Drop Appeal Against Boston Globe, and Veer Signs New Provider.
Getty reported fourth quarter revenue of $134.4 million up 13% from Q4 2002 revenue of $117.2 million. Total revenue for 2003 was $523.2 million a 13% increase over the $463 million in 2002. Radical adjustment in search results last August improving RM sales relative to RF. Signs of economic recovery, but number of images licensed still trending down.