- How Getty Is Killing the Stock Photo Industry:
Now before you yell that this is a case of spilled milk from an upstart, let me explain why this is more of a David & Goliath story. You see, one of Getty Images' Executive VPs started contacting us as early as July 2006. Initially it was to use PhotoShelter technology to provide a way for non-Getty photographers to submit images. But once the PhotoShelter Collection was announced, they wanted access to our content because we provided ready-to-license, edited content from thousands of contributors around the world.
They contacted us in July 07, September 07, October 07 and November 07, and we turned them down for one simple reason: It was a terrible deal for photographers (then, as it is now), and did very little to alter the fundamental imbalance in the stock industry.
PhotoShelter CEO Allen Murabayashi about the Getty/Flickr deal.
A clever and smart masterpiece of communication and indeed very glorious to report publicly your past business negotiations. It leaves a stale aftertaste, especially after PhotoShelter launched the Flickr Import Tool in March which was shut down 36 hours later. Not that he doesn´t have a point, but this is just bad style.