Several companies offer software that will simultaneously search many agency web sites. In this story we focus primarily on Random Eye's Image Grabber and compare it with 1StopStock. Such systems will aid in increasing traffic.
Corbis has layed off approximately 80 of its 1,300 employees in the marketing, technology, and analog operations in New York, Bellevue, Los Angeles and London. They have restructured their business in three separate market groups -- Creative Professionals, Business Communicators and Consumers -- in an effort to improve productivity.
There are widespread expectations that Getty will offer a new contract to TIB photographers early in 2001. This story looks at the some of the difficulties Getty will have in producing a contract that would work across all brands.
Getty Images has announced that they will begin returning to TIB, FPG and Stone photographers. Approximately 5.5 million originals inventoried in Dallas will be returned to TIB photogs soon. FPG images should be returned in the 2nd quarter. Plans for Stone will be announced in a week.
Mark Getty Snaps at Analysts, Invoicing Problems at FPG, Sales Reps Needed, Getty Struggles With Branding, David Moffly of FPG Is Back, Graphic Design Trends, Writers Start Agency, Steedman and Lloyd Take A Long Cruise, and more.
Mark Getty should be pleased with the international capital markets, but he is angry with the investment banks that he feels fuelled the technology boom to unsustainable levels and precipitated its collapse. See his comments to the London Sunday Telegraph.
This issue has stories on Protecting Model's Rights, New Contract Challenges for Getty, Alaska Stock Considers Lowering Royalty, E-Commerce Pricing Structure, Starting Your Own Agency, Stock Industry in Europe and more.
Alaska Stock has asked their photographers to consider a change in the royalty percentage from 50% to 40%. In exchange the photographers would not be charged catalog and dupe fees in the future. Jeff Schultz, owner of Alaska Stock, explains why this is necessary.
Stock photographers disheartened by recent changes in their relationships with their agency may find that now is an excellent time to join with a few other like minded photographers and start their own agency.
Several short items at the end of 2000: Random House ups writers royalties from 15% to 50% for books published on-line. Getty and Corbis are still trying to get things right with their photographers, Time Magazine still can't afford to pay much to photographers even though investors have done extremely well, and more.