Corbis has reported gross revenue of $228 million for 2005 and provided more detail about its business and the numbers than ever before. This information allows us to make a much more granular comparison of Getty and Corbis and to identify some opportunities for Corbis.
Jupitermedia has reported revenues for Q4 2005 of $36.1 million. Operating income for the Q4 2005 was $9.0 million compared to operating income of $4.9 million for the same period last year. Net income for Q4 2005 was $5.4 million, or $0.15 per diluted share.
The higher your image is in the results delivered after a customer has completed a search the better the chance it has of being seen and selected for use. This story examines what's happening on the Getty site with regard to search results and offers some suggestions as to how to maximize your position in the search returns.
Most photographers and artists organizations are very concerned about the proposed "Orphan Works" remedy to the Copyright law that is working its way through Congress. They are calling their members to urgent action. The following are some of the press releases from these organizations explaining the issue.
A bill is being "fast tracked" through the U.S. Congress that would remove much of the protection for unauthorized use of images and potentially convert the majority of published images to "Orphan Works" status. All trade organizations are encouraging their members to express their feelings on this issue to their representatives.
This issue contains articles on: Margins or Profits?;iStockphoto Updates Site; Getty Moves to Micropayments; Getty Revenue Up For 2005; Photographer's Choice Survey Results; Jupiter Makes More Acquisitions; Increased Still Image Use; Grill on Return-per-image; Royalties Plunging; Trademark Bill Pending; Acquisitions and more.
This issue has stories on: Corbis Announces 2005 Revenue; Index Stock Hit By Check Scam; New TrendWatch Statistics; WireImageStock Expands Content; AP Photographers To Shoot Stock; Photononstop Leading Independent Agency in France; New Positions For Experienced Professionals.
Which is more important, Margins or Profits? I consulted a group of analysts who follow Getty Images and/or Jupitermedia and all but one who responded said PROFITS. Both companies are very focused on increasing margins, but here's why I think they may need to accept a slight decrease in margins in order to grow revenues and profits.
This edition includes items on: Picturesque Does Semi-Shutdown; Jupiter Acquires The Beauty Archive; Jupiter Pulls Brands Off Getty; Getty Images Changes Tune On iStockphoto; Royalties Plunging and Why Getty's Stock Price Has Fallen
This group of releases includes: ASMP Asks for Legislative Action on HR 683; OnAsia Images Announces Distribution Partnership with laif in Germany; Beateworks Announces IPN as Adobe Bridge Portal; OnAsia Digital's Keyword Database Sets Industry Milestone; Digital Railroad Names Ryall VP of Marketing; and ShutterStock Offers Footage.