Random Thoughts 88

Posted on 10/8/2004 by Jim Pickerell | Printable Version | Comments (0)



October 8, 2004

Dynamic Graphics Buys IT Stock

Dynamic Graphics Group, has acquired IT Stock, an independent
stock production agency based in London, England. IT Stock, which is represented worldwide in over 40 countries, was founded over eight years ago by Wolfgang Hille and Bill Holden -- and has developed a solid reputation for its modern commercial images, particularly its renowned business and lifestyle collections.

IT Stock's acclaimed "Hello" rights-managed image brand and its IT Stock Free RF brand will become part of the growing list of the Dynamic Graphics Group's wholly-owned global rights-managed and royalty-free brands, that also include Creatas and Photis. Bill Holden, president of IT Stock, will continue in his role with the company.

David Moffly, CEO of the Dynamic Graphics Group, noted, "Adding IT Stock to our global content portfolio enables us to continue our aggressive growth in Europe and around the world."

"We have had a great relationship with the Dynamic Graphics Group as a distributor of the IT Stock collections and have watched as they've grown to be a formidable leader in the industry," said Bill Holden, President of IT Stock. "We are thrilled that we are now going to be a part of the well-respected portfolio of images that Dynamic Graphics represents, as well
as having the benefit of a remarkable sales team that has created such a strong and loyal customer base for Creatas, PictureQuest and liquidlibrary."

Beateworks Announces Representation of Garden Picture Library

Beateworks, a Los Angeles agency that specializes in architectural and home décor imagery has announced its representation of the Garden Picture Library (GPL) in the U.S. GPL is based in London and specializes in inspirational images of gardens, flowers and gardening lifestyle.

Sally Wood from GPL says, "It has taken us some time to find the perfect home for our collection in the U.S. Beateworks have such a refreshing approach in their marketing and demonstrate a genuine passion for contemporary lifestyle photography. Their enthusiasm is infectious and we have every confidence that our collaboration will be a successful one."

Beateworks CEO Beate Chelette declares, "We had been looking for awhile to add a distinguished and established collection of garden images. When we saw GPL's images we knew that their quality and our business philosophies would match. I am expecting the images to do very well."

Getty Supplier List And Image Breakdown

The latest group of image suppliers was added to the Gettyimages site this past week. The following is a total list of the 24 RM brands and the 14 RF brands now supplying images to the creative section of the site.

Rights Managed - 3D Clinic, Allsport Concept, Altrendo, Asia Images, Beateworks, Botanica, Bridgeman Art Library, DK Stock, Dorling Kindersley, FoodPix, Hulton Archive, Illustration Works, Lonley Planet Images, National Geographic, Panoramic Images, Photographer's Choice, Reportage, Robert Harding, Stone+, Stone, Taxi, The Image Bank, Time Life Pictures and Visual Unlimited.

Royalty Free - Brand X, Comstock Images, Dex Images, Digital Vision, Image Source, Medio Images, PhotoAlto, Photodisc Red, Photodisc Blue, Photodisc Green, Queerstock, Rubberball Productions, Stockbyte and Thinkstock.

Seven of the 24 RM brands are Getty owned or controlled (counting Photographer's Choice). The rest of the RM brands are owned by 3rd Parties. Of the 14 RF brands only 3 are owned by Getty.

Currently, in the Creative Section of the site there are 421,149 RM images and 242,086 RF images available for a total of 663,235 images. Of these 501,496 belong to the Getty Images brands. This means that 161,739, or 24% of the total, are images supplied by 3rd Party party brands. Expect to see more 3rd Parties added to the site early next year, and expect the existing brands to add many more images in the near future.

If images from the 3rd Parties generate on average the same return as images selected by the Getty editors (and we have reason to believe that in some cases they generate a much higher return) well over $100 million of Getty's 2004 revenue will probably be generated from images provided by 3rd Party suppliers.

It is also interesting to note that 36% of the images on the site are RF and 64% are RM. This almost exactly reflects the income that Getty has received from these two segments of the business in the last four quarter. Thirty-three percent of their income has come from RF and 67% has come from RM. However, when we look at the number of images actually used in each of these categories we discover that 37% of the images licensed have been RM and 63% have been RF. (This does not count the number of RF discs sold and the number of images used from these discs.

Jupitermedia Acquires Megapixel.net

Jupitermedia Corporation announces the acquisition of Megapixel.net, an information resource site for digital camera consumers. The Megapixel site reviews new camers, provides tips for photographers and hosts an active discussion community forum.

"Megapixel.net is complementary to our JupiterImages properties, and this acquisition is another step in our continued expansion into all aspects of the digital image marketplace, ranging from clipart to stock photography to digital image editing. Megapixel.net has become a trusted source for serious photographers and creative professionals, and we're excited that the founders will be joining us as we continue to expand our community-based offerings for the graphics market," says Alan M. Meckler, CEO of Jupitermedia Corporation.

Megapixel.net's creators, Denys and Olivier Bouton, will continue to manage the site for Jupitermedia.

Workbook Releases "Framed Art For Spaces"

Workbook, provider of premier graphic arts resources to the advertising, design and communications industries, has released "Framed Art for Spaces", a 200-page catalog of fine art. The publication is targeted to corporate interior designers, architects, consultant and facilitators who purchase and award projects for hotels, restaurants, corporate and public art spaces, etc.

In its third year, "Framed" has developed a reputation for quality, originality and creativity in promoting artists and their work. The catalog is distributed to a verified list of 9,000 buyers of fine art nationwide. These buyers use the catalog and http://framed.workbook.com to locate existing artwork for sale as well as assign site specific work.

"'Framed' offers a wide selection of styles, media and creative expression from a diverse group of artists," says Alexis Scott, publisher. "You'll find names you already know as well as many new artists. These range from works for large public buildings, to murals, to sculpture, painting and signed photographic prints."

Copyright © 2004 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  


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