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Archive for June 27, 2008
Corbis strategy finally revealed !!!
June 27, 2008 by pmelcher.
“We think Corbis has the resources and patience to succeed in the long-term. We will beat them with better [commercial] execution” Gary Shenk, CEO of Corbis to the Sydney Morning Herald.
There is long term and than there is eternity. Corbis is gambling that eventually, one day, when no one is looking, for no particular reason, ( probably because there is no one left on Earth), just like that, they will “succeed” and maybe post a profit along with it.
The SMH article is about the rise of amateur photography and Snapvillage, the Ireland based subsidiary of Corbis that the money loosing company has build to compete with Istockphoto and other Microstock.
Posted in Midstock, commercial stock, prosumer, finance, corbis, Microstock | Print | No Comments »