Avalon: Consolidation Of Small Agencies

Posted on 4/4/2016 by Jim Pickerell | Printable Version | Comments (1)

Charles Taylor is still trying to put together a company that will consolidate many smaller independent picture agencies into a single publicly traded company that will be traded on the AIM stock exchange in the UK. Back in 2014 Taylor’s organization was called GDI Media Limited. The new version is called Avalon. More about it can be found here.

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Comments

Charles Cecil Posted Apr 17, 2016
Isn't there a conflict of interest here? If the shareholders are also the photographers, the desire to increase shareholder profits will tend to push licensing fees downward, to increase marketing share, thus lowering the return per image to the photographer. Whether the possible capital gains will offset the loss in per-image revenues will be an interesting calculation.

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