iStockphoto´s competitor ShutterStock announced in February 2006 the introduction of Shutterstock Footage and noted then that "Shutterstock is the first among their competitors to branch
from still photography into video".
After accepting video submissions for two months, Shutterstock Footage went fully online in April 2006 and showcases currently 2,953 royalty-free footage clips. The site is still in beta modus.
iStockphoto today announced it
is now accepting user-generated video for the new service iStockvideo, to be launched later this year on September 5th. iStockvideo will offer royalty-free stock video/footage and film in broadcast-quality, as well as
animation clips for as little as $5 for thirty-second
clips.
Continue reading "Fill Us Up: Getty Images´ iStockphoto Introduces iStockvideo" »
Shares of Getty Images are currently at (-$8.83) $46.37 (-16.00%), shares of Jupitermedia are currently at (-$1.33) $10.07 (-11.67%).
Newratings.com writes today:
- Analyst Steven M Ashley of Robert W Baird maintains his "neutral" rating on Getty Images Inc (GYI.NYS), while reducing his estimates for the company. The target price has been reduced from $85 to $60.
In a research note published this morning, the analyst mentions that the company has reported its 2Q06 revenues marginally short of the consensus. Getty Images has reduced its revenue and EPS guidance for 2006 from $830-$850 million to $820-$830 million and from $2.70-$2.80 to $2.63-$2.70, respectively. The company’s RF business continues to remain challenging, Robert W Baird adds. The EPS estimate for 2006 has been reduced from $2.75 to $2.66. (Link)
Continue reading "Analysts: Getty Images "neutral", Jupitermedia "buy"" »
Getty Images (GYI, Quote, Profile, Research, Upgrades/Downgrades History) today announced the results for the Q2/2006. The company reported revenues of $204.8 million (10.5% growth compared to Q2/2005, but slightly lower than the expected $205 million to $210 million) and lowered the revenue guidance for 2006 from $830 million to $850 million down to $820
million to $830 million. The quarterly profit fell about 34.5%, with a net profit in Q2/2006 of $22.3 million vs. $34.0 million in Q2/2005. Getty Images predicts revenues of $205 million to $210 million for the third quarter of 2006.
Shares of Getty Images closed up $0.95 at $55.20 (+ 1.75%) on the New York Stock Exchange today. A quarter earlier, the shares of Getty Images closed up $1.31 at $76.13 (+ 1.75%) on the NYSE, 27.5 percent higher than today. In after-hours trade today, shares fell down $5.20 to $50.00 (-9.42%).
The numbers in detail:
Revenue with Sequential change (S) and Year-over-year-change (Y):
| YEAR |
Q4/04 |
2004 |
Q1/05 |
Q2/05 |
Q3/05 |
Q4/05 |
2005 |
Q1/06 |
Q2/06 |
| Total |
$162.1 |
$622.4 |
$178.1 |
$185.3 |
$184.5 |
$185.8 |
$733.7 |
$200.9 |
$204.8 |
| S |
5.6% |
- |
9.9% |
4.1% |
-0.4% |
0.7% |
- |
8.1% |
1.9% |
| Y |
20.6% |
19.0% |
13.8% |
23.3% |
20.2% |
14.6% |
17.9% |
12.8% |
10.5% |
Continue reading "Getty Images Announces Soft Q2/2006 Numbers, Lowers 2006 Revenue Guidance" »
Your Flickr photo in MAX magazine:
MAX, the leading monthly german lifestyle magazine from the MILCHSTRASSE Publishing Group (acquired by the mighty Hubert Burda Media Group in late 2004) and a "Visual Leader" in photography since 15 years, started four month ago to publish multi-paged features of the best photos found on Flickr in the Flickr-Portfolio, usually around 6 pages.
All this without paying a dime to the Flickr photographers (The Group Rules of MAX explain: "What' s the "crop" of my work? Fame - in one word! You will get no money, sorry").
Continue reading "MAX Magazine Feels Really Sorry: How To Use Flickr Photographers To Maximize Your Company´s Profit" »
In early June 2006 NBC Universal announced a new image asset archive and distribution strategy for NBC Universal’s photo archives which represent "an extremely valuable business and historical asset". The company noted then that the photo archive is dating back to
the 1940s and the era of NBC Radio, and that the new
company-controlled online digital image distribution and licensing
strategy will begin in July 2006. Right on time, NBC announced on friday that the selected software partner for managing, distributing and selling the photo assets of the NBC Universal Photo Bank is NY-based Digital Railroad, Inc.
Continue reading "NBC Universal And Digital Railroad Create The New NBCU Photo Bank" »