I've been taken to task by one photographer for not making it clear enough in Story 689 that the RF and RM percentage differences that photographers receive are important in determining return-per-image. In some cases photographers are getting 25% or less of the gross fee paid by the customer for an RM sale and well below 10% of the gross fee for an RF sale.
This article contains short items on Editorial Prices At Getty, Corbis Moves Into Rights Representation, Corbis' Zefa Collection Size, A Good Year For Goodshoot and Getty In India.
Corbis has announced that it had gross 2004 revenue of $170.4 million, representing growth of approximately 22% over 2003. Recently acquired zefa visual media group reported approximately $41 million in 2004. CEO Steve Davis estimated 40% growth for the combined companies in 2005.
In this issue of RT there is more on Getty and Photographer's Royalty Rates, an update on the Corbis/Zefa deal, Images On Alamy, Corbis Suit Against Amazon, DV Production For 2005, OnRequest Marketing, Sheldon Marshall's New Venture and SAA/ASMP Seminars.
JupiterImages has announced the launch of RightsProtectedImages.com which will offer customers exclusive rights to any image on the site, regardless of how it is used, for a fixed price or $799 for a three-month term. Longer terms at higher prices are available.
One solution to unauthorized Internet use is to ignore the Internet as a market and simply look at it as a marketing vehicle. Learn what Index Stock Imagery and Bigfotos.com are doing.
Corbis has announced that they have acquired Zefa Visual Media Group and that the combined revenues of the two companies is in excess of $200 million. That should break down to around $43 million for Zefa and $160 million for Corbis in 2004.
ImageState has reported net earning for fiscal 2004 of about 3.7 million pounds or roughly $6,685,573. Sales have declined steadily over the past three years, most notably in the U.S. market, but also in the UK. Agent sales is the one bright spot in their sales picture.
This edition includes: Things to watch for in 2005, Corbis to Acquire Zefa, Getty 2005 Guidance and Analysts Day, A21 3rd Quarter Results, Heilman Acquires Photo Network, Jupitermedia Q3 Results, Jupitermedia Acquires Hemera, Cheaper RF For Editorial, Returns Per Image, Getty Search Results Delivery Analysis and more.
As we move into 2005 there are at least three issues to watch closely for developments -- Subscription Sales; Increased Participation in Photographer's Choice; and the possibility of further reductions in Royalty Percentages.