Just on the edge of their announced possible IPO / sale, and while everyone thought the battle for editorial photography supremacy was over, easily won by the Seattle gargantuan , here comes from the outfield a new agency that could create havoc. Called Invision Agency , it is a spinoff of the 150 years old … Read More →
In a financial report hardly seen by anyone, it is mentioned that Getty Images will take a loan of $275 million in order to pay dividend to it’s shareholders. Those are well known. It is a equity firm called Hellman & Friedman . This payment will, in addition to previous ones, cover the cost the equity company … Read More →
Who said there was no money to be made in photography ? Sure you could snap the first pictures of Angelina Jolie’s baby: $2 million. Or you could be the collector who recently sold a Gursky print for $5 million. But better yet, could you be the person who just sold his photography based company … Read More →
In this video, Jonathan Klein from Getty images explains the company’s strategy regarding image sharing. In a few words, he confirms that Getty is fine with image sharing as long as it is non commercial. As soon as a site starts earning revenue, Getty will show it’s teeth. This means, for example, that Getty will … Read More →
Stipples Rey Flemings Wants to Turn Pictures into Dollars : you can read more about Stipple here.
When I was a kid and I had a new toy that I liked, I wanted to show it. Today, if I had a car, and it was new, I would want to show it and even brag about it. And those are things I didn’t even built myself. So just imagine if I had … Read More →
Historically, ( we are talking pre internet here) the only two places one could find images was either at a photo agency or via a photographer. You could, of course, always check if your neighbor had any photographs you could use but chances that there would a match was very, very slim. During that time, … Read More →
Just like the music industry, with which it shares many similarities, the photo licensing world is ripe to be iTuned. The industry landscape is dispersed and confused. None of the photo licensing companies know what to do. From the Getty images to the small mom and pops that have been around for 5,000 years ( … Read More →
Our ability to achieve greatness is impeded by our addiction to getting to fast results and instant gratification. We are a civilization focused on the ends rather than the means, resulting in a complete absence of ethics. While the Greeks , Romans and Egyptians have left quasi immortal legacy, our civilization will leave a huge … Read More →
The real story behind the evolution of photography is its pauperization. In its early days, photography was for the wealthy and educated. The equipment needed was expensive and the skills involved needed formal education. Furthermore, the financial risks involved in being a photographer – variable income- meant you had to have some other resources. Even … Read More →