Everyone in the stock photo industry is excited by the potential PicScout is offering in identifying unauthorized web uses but some of our customers are innocent infringers and with them there is a major dilemma.
This issue contains stories on: Getty Announces New Release Categories; Stockphotofinder Update; PicScout Finds More Unauthorized Uses; Getty's Response to PicScout and SAA; Alamy Collection Doubles In Size; Lynn Martin Joins PictureArts; Corbis Trims Zefa Workforce; Getty Announces Winners of Editorial Grants; Ad Agency Market In U.S. and PACA Annual Meeting Announced
This issue includes stories on: Jupitermedia To Acquire Creatas, Trends Toward Production Companies, Corbis Completes Zefa Acquisition, Corbis 2004 Revenue Is $170.4 Million, Getty 2004 Results, ImageState 2004 Results, Digital Vision Production For 2005, On-Request Expands Marketing, Jupiter Launches RM Service, Editorial Prices At Getty and more.
Jupitermedia has announced that it will acquire Creatas, the parent company of Dynamic Graphics, and PictureQuest for $38,175,000 in cash and 1,483,073 restricted shares. It also announced
2004 revenue of $71.9 million and it expects 2005 revenue to be between $108 and $111 million.
Each Gettyimages.com Partner agency has an allowance of images that it can post in 2005. Here's how the system works and some of the implications for photographers.
There is an increasing industry trend for a greater portion of the available stock imagery to be produced by large production operations, rather than individual photographers. This article explores the reasons why.
This article contains short items on: Is Maximizing Return Per Primary Goal?, Asia Works Changes Name, Art4Love And Picture Arts Provide Decor Imagery To Corporate Clients and Changes at Getty Image Partners.
Getty Images has reported that Q4 revenue of $162.1 million, up 20.6%, compared to $134.4 million in the Q4 2003. For all of 2004, revenue grew 19.0 percent to $622.4 million compared to $523.2 million in the prior year. For 2005 they expect revenue of between $705 and $715 million.
The StockArtistsAlliance (SAA) and PicScout have announced the initial results of their study about misuse of SAA members' images. Members provided 13,000 of RM images represented by Getty Images that had never been licensed for web use. The PicScout Image TrackerF System searched commercial sites in North America and Germany and found 11 times more uses than they have found when searching for images from other agencies.
There are indications that Getty is approaching selected photographers and agencies and recommending that they move some of their RM images to RF. Economically this could make a lot of sense not only for Getty, but also for the image providers themselves.