Getty Images has announced that in mid-May they will move virtually all the Image Bank collection (approximately 90,000 images) out of Rights Managed (RM) and into Rights Ready (RR). Images that are under existing exclusive licenses will be transferred to the Stone or Taxi collections.
Alamy has released first quarter 2007 figures on contributors, percentage revenue and average pricing that shows no major change from the previous quarter. In the quarter they added 920,952 images to their collection that now totals over 8 million images.
This edition includes the following releases: Corbis Announces New Leadership Team; ANP Photo Iintroduces Fair Trade Photography; ASMP, EP, Nielsen Reach Accord On Photo/Artist License Agreement; and Corbis Enhances Offering To Better Serve Interactive and Mobile Markets.
This edition includes stories on: Getty Completes Investigation of Equity Compensation Grant Practices; OJO Images Launched; Jupiterimages Update; Ron Chapple Blog; OnRequest Images Raises $9M; and Stock Image Market Sizing Report Released.
Digital Railroad has announced the much anticipated launch of the public beta version of its online Marketplace at http://marketplace.digitalrailroad.net. The company has online collections from more than 1,000 individual photographers and 50 agencies or groups of photographers from more than 60 countries.
If you want to continue to take pictures for a living, it's time to start learning to shoot video. Why? because newspapers and magazines are beginning to move away from print and toward online. Once online offerings have been established, video and sound become more appealing and a better way to communicate editorial information and advertising messages than using stills.
Corbis has announced that effective July 1, 2007, Gary Shenk, President of Corbis, will assume the role of CEO. After 14 years with the company, 10 as CEO, Steve Davis will transition out of a day-to-day role to pursue new leadership opportunities in the public service and philanthropic world.
This article includes releases on: Corbis Launches Australian Offices; Images.com Introduces New Websites; Butler Appointed VP Sales and Distribution at Upper Cut; Action Images Becomes Wembley Stadium's Official Photography Provider; BBC Magazine Signs Deal With Newscom and Alamy Teams Up With 40260.com
a21, Inc. has reported $19,633,000 in revenues for all of 2006, but only $11,976,000 of that was for the stock photo side of the business. ArtSelect which provides wall art for homes and businesses provided $7,657,000. The image licensing revenue for Q4 2006 was $3,032,000.
In a recent study by The Association of Commercial Stock Image Licensors (ACSIL) it was determined that the global stock footage industry generates approximately $282 million in licensing revenue annually. Data on estimated revenues, content type, web-functionality and region was collected from 67 key footage companies.