This edition contains items on: Corbis Expanding RF Collection; Image Source Pulling Out Of Corbis; iStockPhoto Statistics; PunchStock Adds RM Images; GDUSA Comments; Jupiter Acquires Cover Images In Spain; Jupiter CFO Chris Baudouin To Leave; The Future Of Video?; Stephen Hearn Leaving Jupiter and Newspaper Advertising Revenue.
Alamy added almost a million new images to its collection in Q3 2006, two-thirds of them Rights Managed. Photographers uploaded slightly fewer RF than in the previous quarter, but significantly more RM with the total images uploaded by photographers at 466,750. There is no indication as to how this relates to revenue growth.
Getty Images reported Q3 2006 revenue of $198.1 down from $204.8 million for Q2 2006. Share price falls an additional 4% and Klein announced major strategy changes.
RF stock production companies have become concerned with the accounting practices of an increasing number of distributors not meeting their contract obligations in terms of reporting and paying commissions and have formed the International Stock Producers Alliance in an effort to deal with the issues.
Sunday River Ski Resort in Bethel, Maine has developed a novel way to promote their business for free. They invite customers to post on their site videos of themselves or other skiers and snowboarders, taken at Sunday River.
Getty Images has announced a reorganization plan which includes cuts in staff including the entire New York sales staff and a shuffling of responsibilities for senior people.
a21, Inc. has appointed John Z. Ferguson Chief Executive Officer and he joins the Company's Board of Directors. Mr. Ferguson previously held senior management positions at Getty Images.
This edition contains items on: AP Takes Aim On Editorial Stock Users; Industry Slowdown; Attitude of Many Micropayment Sellers; Online Ad Revenue Grows 37 Percent; Art Directors Speak Out; Alamy Changes Rate Structures; Corbis To Handle Veer's Solus Imagery; Corbis Outline Senior Staff Move; Corbis Names Brotman VP Licensing Ventures and What's A Photo Worth?
Included in this issue: Kai Chiang Announces The Launch Of Golden Pixels; Corbis Acquires Australian Picture Library; iStockphoto Localizes Site For French, German & Spanish Buyers; NPPA Partners With Digital Railroad; Photo Industry Association to Collaborate On Areas of Mutual Interest; The Virtual Picture Desk Expands Into Europe
The Orphan Works bill (the Copyright Modernization Act of 2006, HR 6052) has been withdrawn from committee for this year but there is a great likelihood that something similar will be introduced in the new Congress beginning next year.