At the PACA International Conference in New York Colin Burke of Stock Photos agency in Australia provided insights to the south-west Pacific market for stock photography, and challenged stock agents in attendance to consider their photographer's interests.
Getty Images, Inc. reported 3rd quarter 2000 revenue of $127 million, up from $123.6 million for the 2nd quarter, or a 2.75% increase for the quarter. In his conference call to investors CEO Jonathan Klein provided some revealing insights to future plans.
This story provides information about the closing of Index Stock Imagery offices and staff reductions, Global State's acquisition of WestStock, the departure of TSM's German office manager for Zefa Visual Media and new policies on Sensitive issues at FPG.
Less than one month after Exactphoto.com announced a new on-line service for photographers Ridgley Evers, CEO of Exactly! said the entire company would be closing its doors. This eliminates the accounting software and the buying services Exactly formerly provided as well as the stock photo services.
Getty Images is moving to close down and consolidate brands. In September they announced the closing of Planet Earth Pictures and the photography section of the Artville brand. PictureArts Corporation is moving to handle sales and marketing of the titles formerly handled by Artville.
The Spanish agency AGE Fotostock has been operating a New York office for about eight months. They have distributed two print catalogs and have a searchable web site. They advertise a number of FREE services to customers including: Free scans, Free delivery by courier or messenger, Free research and Free chromes (which the customers get to keep).
Getty Images is developing a new marketing strategy called ''Special Collections''. The images will be marketed through the TIB portal and special print catalogs. It is believed the initial collections will include: nature, wildlife, scenics, travel and sports. Getty is acquiring work and offering photographers new contracts, but are unwilling to talk publically about this strategy at this time.
There has been a sudden explosion of on-line options for photographers. At least nine companies will be at Photo+Expo in New York offering new or updated service. This story outlines some of the issues, in addition to percentage and cost, that photographers should get answers to from these service providers.
Speedpix is launching a marketing campaign to both photographers and clients in the U.S. They have dropped their up-front charge for placing images on their site. Their pricing strategy is also outlined and explained.
This article includes brief news items on Getty and Corbis. Those interested in TIB and Sygma should read. Also items on why photographers need to search for their images on on-line sites and a list of some of the things needed in the online environment.