Getty Combines RF Collections

By Jim Pickerell | 855 Words | Posted 2/16/2007 | Comments
Getty has announced to its RF image image suppliers that in April it will be consolidating its 12 RF collections into 5 in an effort to improve the customer's experience. This story points out things to look for as a result of the change.

Irish Image Collection Acquired

By Jim Pickerell | 386 Words | Posted 2/13/2007 | Comments
The Irish Image Collection, founded by George Munday, has been acquired in an asset purchase by a group of Canadian investors known as Stock Image Collectors Inc. This group acquired all rights to 20,000 RM images belonging to over 100 photographers. The group also owns a controlling interest in Design Pics Inc., an RF company based in Edmonton, Canada.

Getty Launches Creativisimo!

By Jim Pickerell | 577 Words | Posted 2/13/2007 | Comments
Getty Images, Inc. gathered leaders from top U.S. Hispanic advertising agencies and publications for the inaugural meeting of Creativisimo!, a series of industry discussion groups convened to gauge the future imagery needs of visual communicators.

Random Thoughts 132

By Jim Pickerell | 1422 Words | Posted 2/8/2007 | Comments
This edition of Random Thoughts has stories on: Will Flickr Enter Stock Photo Market?; User Generated Content; YouTube To Share Revenue; Digital Railroad Receives Additional Funding; Midwestock Closes Doors; Getty Offers Creative Research To All Image Producers and Boughn Joins Dreamstime.

Revenue Growth?

By Jim Pickerell | 623 Words | Posted 2/8/2007 | Comments
PACA recently released the results of a survey of its U.S. based member companies that shows significant revenue growth for stock agencies between 1H2005 and 1H2006. 28% of the respondents had revenue growth between 10% and 20% during the period and 30% had growth greater than 20%. Respondents also expected an average 13% increase for the second half of 2006, but there are good reasons to believe it didn't turn out that positive.

Current TV

By Jim Pickerell | 1101 Words | Posted 2/8/2007 | Comments
If you're interested in continuing to work as a photographer five to ten years down the road take a look at Current TV which takes crowdsourcing to a new level. For those trying to make a living producing still illustrations, beware!

Press Releases 30

By Jim Pickerell | 1733 Words | Posted 2/2/2007 | Comments
This group of releases includes: Adobe Debuts Photoshop Lightroom 1.0; Corbis/Smithsonian Offers Celebrated Images of American Culture; Newscom Hires Director of Sales and Launches New Brand Image; and Michael Masterson Joins Janou Pakter, Inc. As Company Launches Photography Division and West Coast Office.

Press Releases 31

By Jim Pickerell | 1951 Words | Posted 2/2/2007 | Comments
This group of releases includes: Huntstock Launches Royalty Free Image Collection; Pozo Digital Emerges As Authentic Source For Hispanic Images; StockFood Opens UK Office; plainpicture Launches In The UK and VIEW Announces Photographer's Open Day.

Random Thoughts 131

By Jim Pickerell | 1216 Words | Posted 2/1/2007 | Comments
The stories in this issue include: Apologies To Getty Images; Cranking Up New Business Models; Citigroup Surveying Photographers; Swedish News Agency Buys Scanpix; Online Growth For 2007; Jupiter Offers HD Stock Footage and TV Ads by Amateurs.

Getty Reports 2006 Results

By Jim Pickerell | 4792 Words | Posted 1/31/2007 | Comments
Getty Images reported revenue for Q4 2006 of $203.5 million up 9.5 percent from $185.8 million in Q4 2005 and up from $198.1 million in Q3 2006. However, profit declined as a result of restructuring and other costs. The company earned $30.3 million, or $.50 per share, down from $42.5 million, or $.64 per share, during the same period in 2005.

About Michael Masterson

Michael Masterson has a broad range of experience in marketing, business development, strategic planning, contact negotiations and recruiting in the photography, graphic design and publishing industries. In addition to his long experience at the Workbook and Workbookstock, Masterson owned and was creative director of his own graphic design firm for several years.

Masterson has been a speaker or panelist at industry events such as Seybold, PhotoPlus Expo, Visual Connections and the Picture Archive Council of America (PACA) national conference. He is currently the national president of the American Society of Picture Professionals (ASPP). He also serves on the board of the Silver Lake Neighborhood Council in his Los Angeles community. He chaired the marketing committee for the Los Angeles Conservancy, a historic preservation advocacy group, for many years.

He currently heads Masterson Consulting, working on projects ranging from business development for creative companies and sourcing talent for them to promoting and marketing industry events as well as providing resume and professional profile services for job-seekers. He can be reached at zvpunryqznfgrefba@tznvy.pbz.