StockPhotoTalk | Special Interest Blog

Fotolia: new XS + XXXL license, adjusted pricing

Details of the announcement:

• eXtra Small standard license (XS abbreviation): designed for blogs and web applications (thumbnails and small images on websites), starting at 1 credit for a 300 x 400 pixel image.
• XXXL standard license: starting at 7 credits for 4800 x 6400 pixel images (30.7 MP) for large printing projects.

 

Getty Images Q4/2007 Financial Results and Conference Call

"The year ended well", but "we are not declaring victory", Jonathan Klein said during the Conference Call.

While Getty Images´quarterly revenues grew +7,1% from $203,6 million in Q4/2006 and + 4,4% from $208,9 million in Q3/2007 to a new record of $218,1 million in Q4/2007 and yearly revenues grew + 6,3% from $806,6 million in 2006 to a new record of $857,6 million in 2007, the quarterly net income decreased from $30,9 million in Q4/2006 to 28,5 million in Q4/2007 (but up from $25,7 in Q3/2007) and the yearly net income decreased from $130,4 million in 2006 to $125,9 million in 2007.

Getty Images Releases Quarterly Metrics Q4/2007

   

Click here to be directed to the separate page with all the numbers from Getty Images´ Quarterly Metrics Q4/2007.

Or click here to open the same link to the separate page in a new browser window or browser tab.

 

Related:

•Getty Images Reports Financial Results for Q4 and 2007
  (recent press release, Jan. 31, 2008)

QuickLinks For 2008-01-31

• Another Big Purchase? Why Not!:
  So, I take pleasure in announcing today that my little boutique agency, Contact Press Images (10 office staff, two dozen photographers), will tender an offer for GETTY Images, the photographic behemoth.
  The asking price is $1.5 billion (with a "b") and while it may seem like a big step, there is really no reason why it shouldn´t work. And we´re competing with Mitt Romney´s old firm, Bain Capital. No sweat.
  We´re Just Sayin/Legendary David Burnett, co-founder of Contact Press Images.
  Look out! Burnett´s blog post is satirical. Please do not summarize the content of his article or the quotation here in a mistakable way like "Contact Press Images to acquire Getty Images" which is NOT true. At present.
  But of course you can make any other stock photo industry - related bet on Hubdub*, live since this Monday, similar to:
  
  • "Will Google´s fourth quarter revenue exceed $4.5bn?".
  Who knows? There will be other news later today.
  
  (*Hubdub forecasts how news stories will turn out. Use it to track the stories you care about and compete with others by making predictions yourself)

Veer: Key Account Manager (Eastern US and LA opportunities; KAMUS001)

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?

Veer is currently looking for:

• Key Account Manager (NY and LA)

All details and contact information here at Worldwide Stock Photo Industry Jobs.

Pino Granata: What´s next?

 

We only know that Getty Images has decided to sell the company.

If they will make 1.5 billion dollars it´s not really very important.

Even though somebody could wonder why they want to sell it right now with the share at $25 when two years ago it was $93!

What should be important for everyone in the business is the meaning of this sale and why at Getty they have decided to sell.

Even more important is to understand what will be the effect of this operation for the business.

 

QuickLinks For 2008-01-30 [Update]

• "Getty Images acquires UK digital media and music retailer 7digital, adding another start-up to it´s Pump Audio music division".
  Now that ... could have been ... a nice headline, but it does not match the facts, so instead it sounds only "7digital gets £4.3m funding boost":
  "Sutton Place Managers is a media specialist investor. Mark Getty, co-founder of Getty Images and Partner of Sutton Place Managers, commented: "We are excited to be investing in a platform which has the potential to emerge as a major player in the evolving digital music industry"".
  Netimperative.

Blend Images: Client Service and Sales Manager

Location: Seattle, WA
Status: FTE

Blend Images is the world´s leading multiethnic stock agency with an exclusive focus on ethnically diverse lifestyle and business imagery. The collection celebrates ethnic and cultural diversity, reflecting the realities of today´s multicultural society.

This is an exciting, young, innovative company that has experienced incredible growth. Owned and operated by 23 successful stock photographers, Blend Images has created a strong photographic community and company culture.

Blend is currently looking for a:

• Client Service and Sales Manager (Seatte, WA)

All details and contact information here at Worldwide Stock Photo Industry Jobs.

Reuters´ Mitch Koppelman About The New Reuters Video Service

Andy Plesser of Beet.TV conducted in the past interviews with Pixsy´s Chase Norlin, Jupitermedia´s Alan Meckler and Mochila´s Keith McAllister.

On the recent news that Reuters becomes the first major news agency to offer broadcast quality breaking news video online through Newscom.com, Andy Plesser published two interviews with Mitch Koppelman, Reuters VP for Broadcast Services in the Americas, on Jan. 21st (higher resolution) and today (higher resolution). Below are both parts.

 

 

 

QuickLinks For 2008-01-28

• Startups Rush to Pave Way for Web Video:
  Video on the Internet has gone from being the next big thing to the current big thing. A raft of startups are rushing to supply the tools to make better and more profitable video available. Nearly a dozen video-related startups will be presenting at the DEMO 08 technology conference.
  Several of the 77 companies presenting this time have been tackling the problem of taking video quality to the next level. It´s quite possible to send high-definition video over the Internet, but the cost of doing it at scale is daunting, because it requires about 40 times the bandwidth of a YouTube-quality video.
  AP/Peter Svensson in a longer roundup.
  Related today:
  
  • ZoogaTV: Refining the Video-Aggregator Model (Advertising Age)