In his recent year-end conference call to investors, Getty Images CEO, Jonathan Klein said, "I can categorically state that the success of [the $49 web use product] has exceeded our expectations. We are finding thousands of new customers for Getty Images."
In his year-end conference call to investors, Getty Images CEO, Jonathan Klein said, "We are licensing fewer images for print advertising, brochures, junk mail and print collateral." This is very significant because these uses have always been the bread and butter of stock photography.
According to the Stock Artists Alliance (SAA) Photolibrary has begun moving to contact, and pay contributors the outstanding debts the company assumed when it purchased Index Stock in October 2006.
In Q4 2007, Getty Images reversed the trend of the first three quarters and showed revenue increases in every category of its business.
Getty Images reported revenue of $218.1 million for Q4 2007, up from $208.9 in Q3 and a 7% increase from $203.5 in Q4 2006. All lines of business were up for the quarter. Particularly notable was the improvement in RM and RF sales. However, Net profit for Q4 fell to $28.5 million.
The first thing we need to recognize when talking about RM's future is that in nearly all cases, RM images are used in some type of printed product. Thus, the future of print -- and the realities of the Internet -- are of critical importance to the future of RM sales.
This revised list of the world’s leading picture libraries and portals takes into account the many additions and corrections submitted by readers and provides a more accurate reflection of the industry.
One could understand why it might be necessary to license rights for lower rates in countries with lower overall standards of living. But that does not explain why one country's prices are significantly lower or higher than another's.
Alamy had gross sales in Q4 2007 of $7,750,000, up from $7,506,000 in Q3 and up 22.5% overall for the year. Total revenue for 2007 was $29,254,226. Detailed statistics on the last two years of Alamy's operations are provided on its Web site.