Articles by Jim Pickerell
This issue includes stories on: Zefa For Sale?,Amana IPO, JupiterMedia Q2 Results, Jupiter Acquires ThinkStock,A21 Second Quarter Results, Advertising Shift, Upper Cut Images, Getty Second Quarter Results, Reinventing Advertising, Visual Search At Masterfile, Digital Creation Or Film? and more.
a21, Inc. reported gross revenue for the second quarter of 2004 was $2.5 million. A21 completed its acquisition of SuperStock on February 29, 2004 so this is the first full quarter that they have owned the company. They had $797,868 in revenue from SuperStock in March giving them revenue of $3,325,165 for the first half of 2004. SuperStock generated gross revenue of $2.3 million for the second quarter of 2003.
In July, amana (parent company of Photonica) floated an IPO on the Tokyo "Mothers" market for 38.88% of its stock. They sold 485,000 of their 1,216,200 shares and raised about $100 million. Based on the share price in mid-July the company is valued at about $460 million.
Jupitermedia has reported revenues for the second
quarter of 2004 of $17.8 million compared with $10.2 million for the same period in 2003. Till now Jupiter has been a RF supplier, but within the next 40 to 70 days they plan to announce a new "revolutionary" way to sell Rights Managed images.
New methods of advertising are likely to cause a dramatic shift in the way still images are used. Experts differ on whether increased Internet advertising will result in an increase or decrease in revenue, but having better data
relative to internet usage is critical to understand the problem and planning. This story examines one way to get much better data on Internet use.
The London Financial Times says the private equity group 3i, a minority shareholder in Zefa, is looking at a possible sale of the company. The FT also predicts that Getty or Corbis might be buyers. However, there is good reason to believe that neither Getty nor Corbis will be interested
And that Zefa will remain an independent company.
For some time I have been advising stock photographers to "shoot digital" and transition as quickly as possible to digital workflow. Recently, I discovered that some agencies still prefer to receive film. Learn about some of the problems agencies are encountering with digital
submissions.
This story has short items on: Great Art Directors Think Alike, Jupitermedia Acquired Thinkstock, Online Ad Growth Predicted, How 18-34 Males Are Reinventing Advertising, Masterfile To Use PicScout, New TrendWatch Stock Image Report, and Index Expands With Trove.net.
Getty Images has reported second quarter revenue of $150.3 million compared to $127.7 million in Q2 2003. Operating income grew 67.6 percent to $39.8 million, or 26.5 percent of revenue, compared to $23.8 million, or 18.6 percent of revenue, in Q2 2003. A number of interesting details related to their operation and future planning were revealed in the conference call.
Upper Cut Images is a new Rights Managed stock
agency that expects to launch in early 2005 with
10,000 to 20,000 high end images covering all
the major advertising categories according to Ellen Boughn, Vice President and Creative Director. The agency has currently signed about 20 photographers and is looking for a few more experienced stock shooters who are aggressive producers.