Previously a division of downunder celebrity-photo agency More Images, Keedup Ltd. is now a separate business entity. In addition to expanding its keywording operation, Keedup plans to introduce a range of new services targeted at stock-licensing companies.
Prediction: more revenue will be generated by the licensing of microstock than through the licensing of traditional single image RF (TRF) before the end of 2010.
a21, the owner of the ArtSelect, SuperStock and MediaMagnet brands, is deferring quarterly cash interest payments on $15.5 million Secured Convertible Term Notes. The cash will be used for short-term operational enhancements and strategic initiatives.
Photographers and stock agencies are polarized between those who favor traditional marketing methods and those who favor microstock. Each side can learn from the other.
Many of the worlds most experienced and successful stock photographers - ones with high six-figure annual revenues are considering putting some of their best quality images on microstock sites as a test. But they often find it difficult to get the microstock companies to accept them.
In late 2007, Getty Images-owned iStockphoto launched a corporate accounts program, offering additional evidence of microstock penetrating the professional image-buyer market.
New York-based PhotoShelter appointed Andrew Fingerman as vice president of marketing. Former Getty Images executive Genevieve Harley also joins the company as director of sales.
After the mid-January news of massive layoffs at Digital Railroad, observers speculated that the company was in trouble. This week, the newly appointed CEO Charles Mauzy issued a statement that tries to alleviate these concerns.
According to Corbis vice president Adam Brotman, SnapVillage "is playing out better than expected." To capitalize on this momentum, Corbis is rolling out a sales and marketing campaign to drive buyers to the Web site.
Political, women's community and celebrity coverage Web sites experienced the highest increases in the number of unique visitors last year.
Photographers should always do everything possible to create images of highest quality. But just because they've worked hard to produce a stock image, used high-priced talent and expensive sets, doesn't mean they can charge more.
Icon Sports Media has launched a new Web site, which offers a searchable database of 1 million images depicting over 100 sports types.
Getty Images dominated the 51st annual World Press Photo Contest. Five of 59 total prizes, including three first prizes, went to Getty photographers, more than any other agency.
Reuters has reported that when Getty Images' deadline for bids closed on Feb. 4, there was at least one takeover offer. It was unclear how firm the offer (or offers) were and whether they were for all or parts of the company.
The Cologne, Germany-based medicapicture has launched Educational Pictures, a subscription product that targets students, teachers and institutions in medicine and related fields.
Index Stock contributors have been telling Stock Artists Alliance (SAA) they are now receiving royalty payments that exactly match the statements they received from former comptroller Carlos Santos in November.
In the quarterly conference call to investors Getty Images CEO Jonathan Klein provided three reasons for why average prices were down about 10% for Q4 and the full year.