Corbis strategy finally revealed !!!

“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.

This entry was posted on June 27, 2008 at 7:26 am and is filed under Midstock, commercial stock, prosumer, finance, corbis, Microstock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

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