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 the silence of the eyes, where … Read More →
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 . They had, as many others, … Read More →
Every time I see this commercial, I think about the photo industry :
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 Getty Images never confirmed the selling … Read More →
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 on a few top names. Producers … Read More →
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 has been very illusive and only … Read More →
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 had to file his own images … Read More →
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 the board, have decided that even … Read More →
There are many ways to kill. Many different ways that we manage to find somewhere in ourselves to destroy the things we love the most. The violent murder of Benazir Bhutto earlier this week is a prime example. During a period during when most of us enjoy the comfort of our simple lives, the world … Read More →
and so it seems that Getty Images has launched its consumer site. No press release, no party, no singing. just a plain site. You can see it here. then go back to what you were doing . Happy Holidays!