Short news items include: Survey of Number of Stock Agency Scanned Images, Digital Video Seminars,Monkmeyer Closes, New Photographer Relations Manager for Stone and French Govt. Attack on Press Freedom.
Businenss Week has presented the details of their new working arrangements with photographers to many of the photographers who do regular assignments for the magazine. This agreement is a great improvement over Business Week's policies of a year ago. It is likely to set new industry standards which many publications will be forced to copy in order to compete.
Information from Index Stock Imagery, other agencies and individual photographers supplies additional perspective on the way images are acquired and used by Webshots. It appears images are properly licensed, although for very low fees.
The gettyone.com representation of the National Geographic Image Collection is causing quite a stir outside the U.S. Some readers believe the foreign agencies currently representing the NGIC catalogs will no longer have ''exclusive'' rights to license the images which is not the case. Gettyone.com's rights to the catalog images are restricted to the U.S.
Both Getty and Corbis are doing deals with sub-agents. Small agents need to consider how this strategy might benefit them and photographers need to consider why these big companies, with unlimited resources, are doing sub-agent deals rather than buying these companies outright.
Short news items include: Rebecca Taylor gone from FPG, Online Uses, Kleinn's sale of stock, European agency for sale, Webshots.com possibly infringing copyright and Content demands for the future.
Getty has announced first quarter revenue of $104.8 million that significantly exceeded investor expectations. This was up from $79.9 million in the 4th quarter of 1999. Wall Street analysts were predicting $85 million. Stone's revenues rose 45% since April 1, 1999.
Stories this month include: Photographer Profits Survey, Rate Increaase at Business Week, Getty Acquires VCG, Corbis Acquire TSM, Changing Educational Uses, and Future Shock - an indepth analysis of where the industry is headed. This story looks at the choices for photographers and small to mid-sized agencies.
Corbis announced Monday that they will acquire Sharpshooters. In coming months, Corbis will integrate Sharpshooters' images into its existing offer and customers will be able to search, access, and buy Sharpshooters' images in the same way they would buy other Corbis images.
News about the Greenberg case against National Geographic, Actors Losing Rights, new TSM forum, Masterfile Pricing schedules, Digital Transfer, Web vs. Print and a new Natural Selection Stock catalog.