This edition has shot items on the New SAA, Revised Information on Getty's RF Sales, Grecco Settles With Corbis, Opportunities For Photographers Trying To Produce RF Discs, Corbis vs. Webshots and National Geographic's Promotional Agreement With AOL.
Corbis has made dramatic changes in their online search tool that should greatly improve the customer experience and lead to increased sales. The former problems of irrelevant search results and not being able to find contemporary advertising images have now been solved.
RF marketers were very visible at the recent PhotoPlus and PACA International Conference meetings in New York. This story examines where RF is today, some of the issues facing RF suppliers and some of the opportunities that may now be available to Rights Protected image sellers.
This issue includes stories on: Portal or Print?, Getty 3rd Quarter Results and New Online Site, $135,000 Sale, Jerry Greenberg Wins Copyright Suit Against Geographic, Photononstop, Grill Leaves Comstock, Recession, Copyright Infringement at CCC, Creative Eye and more.
The stock photo industry was in recession even before September 11th. Advertising pages in major magazines were off 9.2% in the first nine months of 2001 compared with the same period in 2000. Advertising spending is not expected to improve before the 3rd Quarter of 2002. Stock photo sales are off as much as 20% at some agencies. This story outline some of the ways the industry is likely to change in the next 18 months.
Getty's 3rd quarter 2001 revenue was $107.5 million, down 12.4% from the 3rd quarter of 2000. The company expects revenue of between $95 million and $105 million for the 4th quarter of 2001 making gross sales for the year about $454.1 million. At this level the revenue for the year would be down more than 6%.
Photononstop (formerly Groupe DIAF/SDP), a French company, has partnered with Envision in New York to expand the marketing of their work into North America, and to market worldwide, the work of the photographers represented by Envision. The new American operation will be branded Envision Stock Photography, Inc, and is a Photononstop subsidiary.
Getty Images Inc. has redesigned gettyimages.com, in an effort to increase scalability and efficiency for the company as well as provide significant benefits to online customers worldwide. The company generates nearly half its revenue on the Web, and expects the percentage to increase steadily despite the fact that in recent quarters it has seemed to plateau at just under 50%.
One of the big questions for people trying to sell Rights Protected stock in the United States is what is the best way to promote the work -- a portal, or a print catalog. This story explores that question.
This story includes short items on: Envision Establishes New Catalog Representation Model, Geographic Loses Greenberg Case, Liaison Pushes to Own All Imagery, Editorial Sales of September 11th in France, Andre Lloyd Promoted, Economic Slowdown Hits Design Community and more.