Apparently, Getty Images is no longer in love with its entertainment division. Word in the street is that all the top executives of that branch, Vince Bannon, VP of Strategic Partnerships and Georges DeKeerle, Sr. Director EMEA have been given the pink slip. And there might be more. The reasons are not clear. SomeContinue Reading
As the flow of news coming out of the stock photo industry major – and not so major – players keep on pushing one press release after the other, it is always good to take a step back and analyze trends. It’s been a hectic first six months of 2016Continue Reading
An Interview with Ulf Schmidt-Funke by Stefan Hartmann for PICTORIAL Magazin 04/2016. It was – actually – a discussion about an entirely different topic. But Ulf Schmidt-Funke was just about to travel to the USA, where he planned to meet with major market players – including Reuters, New York TimesContinue Reading
The issue seemed simple enough: Find a photo of a green landscape with a clean blue sky, add the company’s logo and tagline and post it on the homepage of the site. Sure, they could easily find an inexpensive photo that matched their need but after that, emptiness. For aContinue Reading
Now that the flow of comments, rumors, anger and misled interpretations have died down and that more facts have flown through the pipeline, it is a good time to take a more educated approach. Let’s kill the misinterpretations first: Getty did not buy Corbis.. …nor is it responsible for itsContinue Reading
Rumors have been rampant for a while. First Shutterstock was believed to be the buyer, a rumor quickly killed by no other than Jon Oringer himself during their last quarterly report. At the last DMLA conference, the target moved to China Visual Group and remained there. It is confirmed today:Continue Reading
I was recently invited to speak at B&H Photo Video . Here is the resulting podcast: “Anyone, I mean, anyone can submit their photos for sale in the stock-photography market. (Are you a foaper?) But the question remains: is it worth it? No doubt, the industry has been transformed by corporate conglomerationContinue Reading
Although they circle at different speeds, have different sizes and even differ in their composition, some planets happen to periodically align themselves so perfectly that it is possible, from earth, to see them on the same horizon. This is what happened a few weeks ago with Venus, Jupiter and Mars.Continue Reading
Public photo industry surveys are so rare and few that it is always a refreshing exercise to review one when they do come out. VisualSteam just released the 2015 edition of its Art Buyer Survey and it surfaces some interesting trends. Leslie Hughes, VisualSteam’s President and CEO, said, “Art BuyersContinue Reading
You wouldn’t think about it this way, but Wall Street tends to be highly emotional and jittery when it comes to stock photo licensing. When companies with voracious growths – anything above 30%- show any signs of slowing down, it starts running for cover. The reason is very simple: theContinue Reading