There are very deep changes in the industry and all are very bad.
Alan Meckler has sold Jupiterimages to Getty Images and we can imagine why he sold. If I remember well he bought PictureArts for $65 millions and he made other acquisitions that somebody says have cost around $170 millions dollars including PictureArts so I realize that in selling Jupiterimages for $96 millions Alan Meckler and his shareholders have lost some money.
Maybe it was a good choice and by selling he has saved his company from bankruptcy which is a bad thing.
Slowly but safely Getty Images is going to have the monopoly of the industry which is not good news for us. Now I hear the news from Corbis.