At its annual meeting PACA invited four representatives of the stock photo trade press to discuss current industry trends and share their opinions of what stock photo agents might expect in the near future. The speakers were Daryl Lang of www.pdnonline.com, Chris Ferrone of www.abouttheimage.com, Ron Rovtar of www.stockasylum.com, and Jim Pickerell.
Jupitermedia had $34.8 million in revenues for Q1 2007. All the revenue growth was in the Image Division which had $27.914 million in sales up $1.1 million or 4% compared to Q1 2006.
This story is a detailed examination of the business of one successful Getty Images photographer's as he has tried to grow his stock photo business in the last three years.
This issue has stories on: Corbis To Promote Gary Shenk to CEO; The Future Of Print Publications; Digital Railroad Launches Marketplace; China's Stock Photo Market; Aurora Select Launched; Getty Reports Q1 Results; Micropayment Impact; Trends For Getty Photographers; German Stock Photography Market; A21 Reports 2006 Results; Revenue Up In Q4 At Jupitermedia; Advertising Growth; Images In Getty Collection; Image Bank To Go Rights Ready.
Getty Images reported revenue for Q1 2007 of $212.6 million, up from $200.9 million in Q1 2006 and $203.5 million in Q4 2006. Net income was $38 million or $.63 per share. The company also acquired Punchstock.
This issue has items on: Getty Removes Images; Web Video Summit; LIFE Archive; Getty Completes Acquisition Of Wireimage; Shutterstock Statistics; Online Newspaper Readership On The Rise; LuckyOliver Introduces New Pricing Model.
This edition includes the following releases: Getty Images Appoints Craig Peters To Lead Footage/Multimedia Division; Seamless Photo Workflow Topic At CEPIC Conference; A21 Enters Mobile Space; Image Works To Distribute Eastman House Collection; Corbis Helps Hallmark With Rights Clearance; Image Source Expands Regional Offices; and Images24 In South Africa.
Getty Images has announced that in mid-May they will move virtually all the Image Bank collection (approximately 90,000 images) out of Rights Managed (RM) and into Rights Ready (RR). Images that are under existing exclusive licenses will be transferred to the Stone or Taxi collections.
Alamy has released first quarter 2007 figures on contributors, percentage revenue and average pricing that shows no major change from the previous quarter. In the quarter they added 920,952 images to their collection that now totals over 8 million images.
This edition includes the following releases: Corbis Announces New Leadership Team; ANP Photo Iintroduces Fair Trade Photography; ASMP, EP, Nielsen Reach Accord On Photo/Artist License Agreement; and Corbis Enhances Offering To Better Serve Interactive and Mobile Markets.