According to a press release of this morning, Getty Image board has agreed to be bought by San Fransisco based private equity firm Hellman and Friedman LLC for $2.4 Billion dollars. That is more than the estimated total size of the stock photo industry as per Getty Image itself .Continue Reading

London, UK, Feb. 20, 2008. Designers, advertising creatives, web designers and editorial picture editors can now get top quality images to bring their creative work to life for ‘whatever they want to pay’ through innovative new UK-based online stock image library www.moodboard.com Moodboard, the company with the cool website thatContinue Reading

All other parameters set aside, it has always been the industry standard to price an image based on how many people would see it. And for a very good reason: If it was used in a lesser publication, in a small format, there was more chance that it it wouldContinue Reading

A great story out of France today. You remember the Frenchman who made the world market crash ( I know, I know, just joking), Jerome Kerviel, responsible for a 7 billion dollars loss at the Societe Generale? He has become a superstar, especially in his native country. However, he hasContinue Reading

According to the New York Times, Getty Images is putting itself for sale. Contrary to the nay sayers of this industry, it is no sign of a failure, but rather a clear indication that the owners have decided to cash in and leave. It seems that Mark Getty, and theContinue Reading

A rather big parallel universe to the photo industry is the copyright industry. According to the Copyright Alliance, “The U.S. core copyright industries accounted for an estimated $819.06 billion or 6.56% of the U.S. gross domestic product (GDP) in 2005.” That, of course, includes music, graphic, video on top ofContinue Reading

Funny thing about newspapers and magazines these days. They have a hard time jumping over the fence and taking full control of their future. It is obvious that dailies and weeklies, in their current format, have no chance of surviving against the web. But they all think of their webContinue Reading

One thing that has always bothered me is why the commercial stock companies always offer discounts on their images and never the editorial photo agencies. Hold it ! I am not saying they should. If you go on Royalty free websites, there is always, always a promotion going on. GetContinue Reading

It seems that image tracking company Picscout is seriously advancing on a new way to generate revenue from blogs with the imminent launch of Picapp, currently in Beta testing. The principle is simple. You get a free image to post on your website as long as you accept advertising onContinue Reading

While Johnathan klein, CEO of Getty is running to New York, leaving wife and children behind in rainy Seattle, to cheer up the investment community in a desperate effort to convince them that their stock is attractive, it seems that some sort of messy chaos is going on. First, theyContinue Reading