Getty-Jupiter Deal Moving AheadDecember 08, 2008 - In secret negotiations earlier this year, Getty Images was able to cut its bid for Jupiterimages in half due to the credit crisis. More » SuperStock Bankrupt; Masterfile In Deal To Acquire U.S. AssetsDecember 04, 2008 - SuperStock's parent company, A21, has been losing money for years. A court filing says SuperStock owes its photographers over $1.1 million. More »
Letter to Digital Railroad Customers: It's OverNovember 11, 2008 - Two potential buyers took a look at Digital Railroad and walked away. Newscom was one potential buyer, but determined the business model was not sustainable. The other company may have been Kodak, a source says. More » Photographers Sue Getty Images Over Subscription PricingOctober 31, 2008 - In a class-action lawsuit, a group of photographers say Getty’s Premium Access service violates an agreement with rights-managed photographers. Getty stands by the service. More »
Confusion as Digital Railroad Shuts Down; Sites May Go DarkOctober 28, 2008 - After laying off its staff and warning that it was searching for financial backing, Digital Railroad has closed up shop. Photographers and agencies who relied on the service were scrambling for alternatives. More »
© PDN/Daryl Lang Hard Times for Stock Continue: Corbis to Cut Royalty RateOctober 25, 2008 - Corbis executives said Saturday that the stock licensing industry will decline over the next four years, and the company will cut the royalty rate it pays most rights-managed contributors to 40 percent. More »
Getty Images Agrees to Buy Jupiterimages for $96 MillionOctober 23, 2008 - Jupiterimages was once considered the third-largest stock agency after Getty and Corbis. As recently as last year, Getty was in talks to acquire Jupitermedia for a reported $400 million. More » PhotoShelter CEO Says a Digital Railroad Merger is “Plausible”October 20, 2008 - With pro photo hosting service Digital Railroad in financial trouble, competitor PhotoShelter is preparing to take in its customers. More »
© LIFE Time and Getty Plan To Resurrect LIFE Brand OnlineSeptember 23, 2008 - Time Inc. and Getty Images in Joint Venture to Relaunch Life.com in 2009. Story soon.LIFE.com is in development to launch in 2009 with images from the LIFE archive and Getty Images. Aimed at consumers, it will try to make money off advertising and e-commerce. More » Q&A: PhotoShelter Executives on Closing Their Stock AgencySeptember 12, 2008 - A day after PhotoShelter announced it was closing its stock photo service, PDN spoke to CEO Allen Murabayashi and vice president of marketing Andrew Fingerman. "We did feel good about standing for something in the industry," Murabayashi said. "We really wish it could have worked out." More »
PhotoShelter Abandons its Stock Sales EffortSeptember 11, 2008 - In its short life, the PhotoShelter Collection tried to be a stock service friendly to photographers. But some contributors say they never sold a single image through it, and the company now says the business is not sustainable. PhotoShelter continues to operate its core Personal Archive business. More »
Corbis Cutting Another 175 Jobs, Combines Exec JobsSeptember 11, 2008 - Many of the cuts are designed to consolidate the staffs of Corbis and Veer, which Corbis acquired last year. Two Corbis executives, Adam Brotman and Ross Sutherland, will leave the company. More »
© Trent Bell/Courtesy iStockphoto Survey: Consumers Know Little About Stock PhotosAugust 25, 2008 - A third of Americans are downloading images or videos off the Internet for personal use like scrapbooking, according to a survey commissioned by iStockphoto. But many consumers are clueless about copyright and most don't even know what stock photography is. More » Assets of London Features Sold to Action Images FounderAugust 14, 2008 - London Features International, the struggling celebrity and entertainment photo agency, is being rebuilt new owner David Jacobs. More » |
ADVERTISEMENT 
 Macworld 2009 Keynote: Apple Introduces New 17-inch Macbook Pro with 8-Hour Battery LifeMacworld/CES 2009: Lenovo Officially Pulls Wraps Off Dual-Screen Version of W700 LaptopMacworld/CES 2009: New Lexar Memory Cards Designed for Capturing High-Def VideoCanon Unveils New Camcorder LineupMore Gear News » 
Bad News Roundup: McGraw-Hill, Tulsa World, Forbes...
January is going to be a hard month. Here are some stories about media-related cutbacks announced t... Adweek: Ogilvy Group Cuts 10% of StaffAd agency Ogilvy Group is cutting about 10 percent of its workforce today, Adweek reports:"The Ogil... Are Time.com Editors Oblivious To Callie Shell's Work?We don't know the exact arrangement that saw the Obama-Biden Flickr stream publish photos by Time p... Apple Introduces Revolutionary New Laptop with No KeyboardWe're Apple fans, but this is too funnnnnny. Apple Introduces Revolutionary New Laptop With No Keyb... Redo: JPG Magazine Actually For SaleAs many as 20 entities are in a bidding war for whatever's left of 8020 Media, which announced last... Visit PDNPulse » ADVERTISEMENT 
|
|
|
