"We created Keywords™ to share with other photographers the breadth of knowledge the Stock Artists Alliance can provide", wrote the Stock Artists Alliance last week when the "only worldwide photography trade organization dedicated to the business of stock" introduced the first issue "Stock Essentials" of the magazine Keywords, the new "Guide to the Business of
Stock Photography", completely free of charge and with "over 50 pages of definitions, insights, resources and visual inspiration from SAA members who share their expertise about all aspects of the industry".
The secret revolution is called "OPEN" ("the
new system will be easy and efficient. We will open our system to all
professional photographers who meet the criteria. This will give us
access to masses of content"), and for some outside it´s a sleeping beauty or beast coming through the backdoor.
But while the stock photo world is discussing the impact of Getty´s new creative workflow model "OPEN" (will it distract photogs away from other portals, agencies and service providers? What will happen to Photographers Choice and the revenues of Getty photographers?), my distant pal Thomas Hawk had the opportunity to meet Jonathan Klein and Bruce Livingston in person a day after the conference call for some questions ("Spending the Day With Getty Images", photos by Thomas and Kristopher).
Image Source is the world's leading independent producer and brand for creative and commercial royalty free stock photography. Founded in 1999 by Christina Vaughan, Image Source now supplies images to creative professionals based around the world 24/7 through imagesource.com. Image Source is headquartered in London, UK with sales offices in Cologne, Germany, and New York, USA. The company also supplies imagery through over 250 distribution partners worldwide. This strong international sales network enabled the company to win the Queen’s Award for Enterprise in the International Trade Category in 2005.
Here´s the full text of the memo Jonathan Klein sent out last week, as mentioned earlier:
Getty Images is entering an important phase of our development. We
remain the clear leader in our industry, and we extend that lead on a
daily basis. Yet, business is changing as a result of the digital
information revolution and our industry is, once again, in a state of
transition much as it was when we created Getty Images in 1995.
Eleven years ago we anticipated change at a time when few saw it
coming. The broader changes in the environment then provided enormous
opportunity and the actions that we took allowed us to seize the
opportunity and create a truly great business. We intend to do that
Will has the report that "Celeb photo agency Picture Perfect Agency based in Los Angeles, CA, are offering the public download accounts", for images and prints. The Platinum Package for 80 bucks grants unlimited access to the comlete archive. Here´s an overview of the "subscription" plan:
For Public Access Options Select A Package Below:
Access is immediate upon credit card approval.
Download images now!
$5 - One time downloads for $5 each
Download any image for $5 each
$10 - Buy 8X10 Prints for $10 each
Prints will be shipped within 10 working days.
$20 - Standard Package (Monthly)
View Watermarked Images from the COMPLETE Archive.
$30 - Silver Package (Monthly)
Download access to full size images all archived pictures of the past 30 days up to date of purchase.
$60 - Gold Package (Monthly)
Download access to full size images all archived pictures of the past SIX months.
$80 - Platinum Package (Monthly)
Unlimited download access to the COMPLETE Archive.
Shares of Getty Images Inc., which provides images to advertisers
and media outlets, slumped to a fresh 52-week low Wednesday, after
analysts downgraded the company for missing third-quarter revenue
estimates and issuing lower-than-expected fourth-quarter guidance. Getty's
shares dropped $4.01, or 8.7 percent, to $41.95 in afternoon trading on
the New York Stock Exchange. The stock, which had previously traded in
a 52-week range between $43.70 and $95.43, slid as low as $41.21
earlier in the session. William Blair & Co. analyst Troy Mastin cut Getty's rating to
"Market Perform" from "Outperform" as management tries to come up with
changes to lift the business.
Getty´s stock is currently (09:56 AM) at $41.34 (-$4.62 or -10.05%), a new 52-week-low (previously $41.53).
Analysts at Robert W Baird maintain their "neutral" rating on Getty Images Inc. The target price has been reduced from $60 to $50.
In a research note published this morning, the analysts mention that the company has reported its 3Q06 EPS in-line with and revenues short of the estimates. Getty Images issued its revenue and EPS guidance for 4Q06 at $196 million and $0.56, short of the consensus. The company has announced a significant reorganisation targeted at dealing with evolving stock photo business, the analysts add. (Newratings.com)
The restructuring would involve sales staff cuts in New York, London and Los Angeles, Klein told the Seattle P-I after the conference call. He refused to provide specific figures ... but he said the number of people laid off is "relatively small" and that the cut employees were given "generous financial packages" ... The problem Getty Images faces is not that it is in dire financial straits, but rather that it set expectations that it did not meet". (Seattle Post Intelligencer)
Jay DeFoore had been the first one to write in Getty Tightens Its Belt in September that
"employees have been told to watch their expense accounts, and rumors
abound that layoffs are coming, with 10 percent cuts being bandied
about." This number has been widely reported on the internet, expecially from those heroes who infrequently or never link back to their source of information. Then, as to no surprise and besides the official email of Jonathan Klein last week, shortly before the recent PACA conference non-anonymous and also unsolicited anonymous "insider" emails flew around the world with the hilarious message that "major layoffs in all departments" are coming.
David Walker: You brought up your ego, so here we go: Your blog is confrontational at times, and gives the impression that you take satisfaction in setting old scores and saying "I told you so." Is that a fair assessment? Alan Meckler: Absolutely. David Walker: Why? Do you feel that you have anything to prove? Alan Meckler: Oh, I think it´s probably from growing up in a family where I got the short end of the stick ... My sister was always favored. There´s a lot of Freudian stuff going on here, probably. I´m sure that´s part of my striving to achive - I never could satisfy my father ... I didn´t make any money. I always had great ideas, but my problem was I went into too many fields. I t took me 23 years to understand focus.
[PDN´s David Walker interviews Alan Meckler in the Oct. print issue, p. 24]
AP Photographer kidnapped in Gaza: A Spanish photographer working for Associated Press has been kidnapped
by Palestinian gunmen in the Gaza Strip.
A witness said Emilio Morenatti, 37, was apprehended this morning as he
walked out of his apartment, and was taken away in the gunmen's
vehicle. No group has yet claimed responsibility. Mr Morenatti has been working for AP in Jerusalem since April 2005, and
as part of his job periodically went to the Gaza Strip and the West
He had previously covered the war in Afghanistan for AP. He also worked
for the Spanish news agency EFE. The AP president, Tom Curley, said the
company was also doing all it could to find Mr Morenatti. Guardian Unlimited. Tags: Emilio MorenattiAssociated Press [Update: Update: Gunmen Release AP Photographer in Gaza (American PHOTO)]
Veer provides visual elements for use in professional creative work, such as graphic design, motion design, advertising, and filmmaking. The image industry is a driving passion for the management and employees of Veer. With thousands of satisfied customers, years of industry experience, and an unparalleled set of skills, the people at Veer have what it takes to deliver exciting, innovative products to enhance creativity. Want to join us?
Japanese RF stockphoto provider Datacraft has launched a new RF brand called HANA.
The new stock photo collection from the Imagenavi subsidiary started on October 16th.
HANA focusses on the daily lifestyle of the young generation like chat with friends, date with lovers, and relaxed scenes. According to Datacraft, the HANA collection will be shooted quarterly to grow the collection and to meet the market needs for the emerging generation.
Interview with Pixsy: Question: Time magazine recently named Pixsy one of their "Top 50
Coolest Websites of 2006". What is it about Pixsy that makes it stand
out from its competitors, and how do you plan on expanding Pixsy? Answer: Pixsy first started in July, 2005 and is now a team of 11 people, most of whom are former ex-Microsoft engineers.
We are differentiated from our competitors in that we're focused
entirely on distribution, enabling any website to run a photo and video
search engine with our technology. Our business goal is to be the
largest photo and video search index on the web, and, to have a strong
distribution platform. Folksonomy.org (thx to Christoph of Luckypix). Related: •Pixsy Introduces "Visual Search" Engine Based On RSS (Apr. 08, 2006) •Pixsy: "Next Generation Photo Search Engine" (July 30, 2005) Tag: Pixsy
So someone pays close to 250 bucks for a hotel room with sea view because "this spacious Florida Keys luxury resort inspires unrivaled creativity".
When you get up the next morning and want to meet someone in the breakfast room ("Relax poolside, and enjoy a hearty breakfast from your comfortable chaise lounge"), the hotel employees tell you that they don´t have a breakfast room and that they don´t serve breakfast.
JBG Photo is a Los Angeles based Celebrity Syndication and stock photo agency that is always looking for talented, motivated and creative individuals to be a part of the team. JBG Photo represents the work of photographers with images gracing the pages of magazines across the globe as well as being used commercially for advertising and promotion.
I have to apologize to those few people out there which like this
blog for being offline three working days in this blog section (not in
the Press Release Cemetery where the music always plays), but firstly I
needed a break and we are experiencing some phantastic indian summer
days here, secondly I found nothing really newsworthy happening which drove me to tears and could not be covered through the perfect tool Press Release Cemetery, and
thirdly I´m busy with preparing the PACA attendance of a company I´m currently affiliated with.
Additionally, Getty Images had been so kind to postpone the Q3/2006 results and Conference Call from the initially intended Oct. 19 to Oct. 24, so it looks currently to be a calm week. The best tool in Bloglines is always "Mark All Read". I´m back with images and maybe news from Key West the day after tomorrow.
Foto-Shop is a Berlin-based photo cooperation of eight photographers,
together with a small gallery which serves mainly as a hub for inhouse
and external photographers to showcase their work.
So far, so good, nothing unusual. With some young photogs and two small gallery rooms with 23 square meters in a sexy area of an european metropolis, it´s just that classical -- not subcultural -- innovative photography scene thing going on.
But, on the other side of the street, daily dozens of policemen walk into one of Berlin´s biggest district police departments in rowdyish South Central Los Angeles
peaceful Central Berlin. As to no surprise, while all these stubborn officers
can´t sit all day in their pretty neat offices drinking cheap cold coffee
until retirement, they sometimes have to leave their gilded cages to
fight the omnipresent mafia crime, unconvincible parking offenders and obviously that suspicious local innovative photography scene thing.