As the beast stumbles, the race continues. Mighty Associated Press has decided to increase its celebrity coverage by an additional 21 staffers spread out between the East Coast and West Coast. And not just photographers, but also writers, videographers. Furthermore, AP will not just limit themselves to red carpet, butContinue Reading

Photoshelter, the “business in a box” provider, as it brands itself, has just launched a Flickr import tool. For quite a while, many image distributors, photo agencies included, have banged their heads against their walls trying to figure out how to capitalize on the Flickr offering. In a nutshell, thisContinue Reading

Hear that silence ? It is the industry without Getty Images quarterly report. No more pseudo analysis by wannabee traders, no more speculations, no more elaborate calculations that result in insane conclusions. It’s the peaceful sound of the industry looking at pictures again, and not crushing numbers anymore. It’s theContinue Reading

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

The most World Press awards this year and not a buyer. Shows that photojournalism doesn’t pay. It is quite ironic that the company that has grown through so many purchase cannot sell itself. But then again, it never said it wanted to. Johnathan Klein and the official voices of GettyContinue Reading

It’s all about to change. Prices are going down while supply is increasing. Big retailers are suffering from the advent of easy to launch website. Quality content is being challenged by an ever increasing flow of new talents and revenues are spreading like over a high volume rather than onContinue 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

Photographers work hard. At least some do. John Harrington, for example, not only goes out and shoot the State of The Union address made by president Bush last night in Washington D.C., but he also stays after around to check on the work of other photographers. Not only he hadContinue 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