SuperStock Sold To RGB Ventures

Posted on 1/19/2009 by Jim Pickerell | Printable Version | Comments (3)

A consortium that unites Rubberball, Glow Images, Blend Images and some of Blend's partners has become the new owner of the U.S. assets of SuperStock. RGB Ventures intends to continue to operate the company.

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Comments

John Hults Posted Jan 19, 2009
What a great way to resolve this. Congrats to the new ownership group, and especially to Lanny. Lots of challenges ahead, surely, but I can't think of a more qualified group than this to take it on. Good luck, guys!

Gerard Fritz Posted Jan 19, 2009
A good outcome. As usual, however, the photographer's images somehow 'become' assets of the company. When in fact they are on loan from the real owner...us. So to somehow be lower on the list of creditors, than the banks, is a sad reminder of the pecking order in business today.

Bill Bachmann Posted Jan 19, 2009
Funny, the photographers MAY get SOME of the money owed to them! Boy, someone let me know that percentage...

Larry loves that "110.000 wholly owned images" are what excites him. I know for a FACT that they hired cheap photographers to absolutely COPY big sellers and other best sellers from other agencies so that they could FULLY OWN them. Nice to just forget the ol' copyright idea of images.

I wish them the ability to treat PHOTOGRAPHERS correctly... something that the original owners never could even spell. Never with them , but I kept a close watch and was often disgusted in the work ethics. If I were you Superstock photographers, I would run -- not walk -- to any other agency.

Bill Bachmann

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