United News & Media, (UNM) parent of Visual Communications Group (VCG), and Carlton Communications have announced a £7.8 billion ($12.6 billion) merger. VCG is scheduled to be sold as the new company focuses on its television business.
Dirck Halstead, President of The Digital Journalist has founded a new agency to help still photographers produce and sell digital video projects for use on television and the web. The next training session is at Apple Computer in California in January.
Getty raises an amazing $269.1 million in a public offering of 6,900,000 shares. The share price was $39 per share. They raised enough to pay for the entire acquisition of The Image Bank and have plenty of cash to spare.
The Glencoe story takes more twists and turns. Additional titles have been discovered about which image sellers have not been notified or paid.
Getty's third quarter sales and their story to the investment community offer some interesting insights for photographers.
Stories this month include: Getty Buys Image Bank, Tasini Decision Overturned, Speedpix, PNI and Cinebase to Merge and Infringement at Glencoe.
This story provides a breakdown of the stock agencies that have been acquired by other agencies in the last few years.
These short news items include: NAFP Disbands, Todtri Served In Effort To Collect, Getty Acquires Newsmakers, Corbis E-Commerce Sales, PACA International Conference and Photonica Appoints Mayes COO.
In assessing the impact of Royalty Free on the stock photo market it is important to look, not just at gross sales, but at the number of uses these sales represent. In this story we have done an analysis of total uses.
Photographers and agencies are having problems getting paid on two Glencoe/McGraw-Hill book projects -- the 1998 revision of Biology: The Dynamics of Life and a series of three books called Science Voyages 2000. Details are provided.