On May 13th Jupitermedia announced to its shareholders that Getty Images had terminated its distributor agreements with Jupitermedia. Through its Creatas and PictureQuest divisions Jupiter had been representing Getty's PhotoDisc and Digital Vision RF brands and Getty on its www.gettyimages.com site had been representing Jupiter's Comstock and Thinkstock brands.
In a rare interview Getty Images co-founder and CEO, Jonathan Klein told Jerry Kennelly, CEO of Stockbyte, that the company does not plan to diversify outside the image business. Despite speculation that Getty might target companies in other sectors for acquisition, Klein ruled this out. Klein also discussed a number of other issues.
It's time to take a comprehensive look at the stock photo industry and where I think it is headed. The last few years have seen dramatic changes and more are still to come. The keys to success of five to ten years ago are totally outdated. Information you need to develop a business plan now.
With the mushrooming number of images available online and the growing number of portals picture researchers are discovering that their task of finding the right image is getting harder not easier. Punchstock, Digimark and Capture Desk are all offering new search tools.
This edition of Random Thoughts contains short items on: Jupiter Acquires Goodshoot, Masterfile to Handle WireImageStock's Collection Internationally, SuperStock Names Susan O'Brien VP, Getty Production In India, Picturearts Expands Nonstock Offering, Imagestate Signs Distribution Deal and Finding Fine Art Photo Dealers.
James Alexander, Director of Adobe Stock Photos, discusses "The Ever-changing Stock Photo Landscape" and explains how Adobe Stock Photos, a new service within Adobe Creative Suite 2, will make finding and working with digital images easier for creatives.