Corbis has eliminated certain positions including those of COO, Tony Rojas; VP of Worldwide Sales, Bruce Cheseborough; and VP Systems, Bob St. Clair in an effort to reduce and flatten the executive organization and ''drive functional decision-making more deeply into the company and maximize efficiencies across all business units,'' according to Steve Davis in an internal memo to the staff.
A photographer asked recently, ''What is your take on the theory that the overall world market for imagery (based on revenue) has been significantly diluted by the emergence of RF and it's generous licensing terms?'' My short answer is that world revenue was flat in the 90's and has dipped slightly in the past couple years, but RF has not been the principle cause. See this article for a more explanation.
It is time for many photographers to take another look at Royalty Free. Sometimes it is wise and prudent to re-assess long held strategies and philosophies and make dramatic adjustments rather than doggedly sticking to a long held idea or approach. This article explains why.
Photographers shooting RM need to look at options other than speculative shooting for financing future shoots given the difficulty in getting a significant number of images into marketing. This story explores Performance Bonds that are used to a great extent in Europe.
Getty has made dramatic changes in the results they deliver when customers do searches on gettyinages.com. This is likely to lead to a dramatic increase in RM sales for the 3rd quarter and a corresponding decline in RF sales for the same period, as well as a decline in the sales of 3rd Party images.
The stock photo industry is rapidly moving to the point where there are more photo subjects you can't use for commercial purposes than those you can. Everyone wants ''iconic'' photos that viewers will instantly recognize, but many such subjects can not be used due to property and trademark rights. The ''List'' will grow!
The stock photo industry is rapidly moving to the point where there are more photo subjects you can’t use for commercial purposes than those you can.
The StockArtistsAlliance (SAA) takes issue with the OnRequest Images business model Selling Stock discussed in Random Thoughts 574. They are deeply concerned about the effects this new assignment service may have on the stock photo industry and believe this business model will be detrimental to the interests of Rights Managed stock photographers. In this story they provide their analysis.
This issue includes stories on: Getty Having Best Year Ever, Getty's RM Pricing, list of Leading Stock Sellers, Is Corbis Headed For IPO?, NFL Closing Photo Library, Iconica, Solus Rumors, RF Seat Licenses, Vitucci to ImageState, ArtToday Acquired, OnRequest Images and SAA's reaction to story, and more.
This group of stories includes: Corbis Sues Amazon; new Masterfile promotion; changes in RM Pricing, Search Result Methodology and Photographer's Choice at Getty; General Motors Launces PhotoStore; Digital Workflow at Corbis; Clement Mok Offers New Subscription RF Pricing Strategy; Book Sale Statistics; On-Request Images and more.