Patrick Lor, co-founder of iStockphoto, a Getty owned-online marketplace for microstock photography and video, has joined rival Fotolia as the President of Fotolia North America.
According to Lor, his non-compete contract expired with Getty recently, which left him available to get back into the stock photography business.
iStockphoto was initially launched to democratize photography and let all people use images, Lor says. He was disappointed to hear of iStockphoto’s aggressive price increases following the Getty acquisition and maintains that Fotolia’s prices are much more fair for consumers.
Lor hopes to launch some new services in the future but won’t reveal what those are just yet.
According to Lor, his non-compete contract expired with Getty recently, which left him available to get back into the stock photography business.
iStockphoto was initially launched to democratize photography and let all people use images, Lor says. He was disappointed to hear of iStockphoto’s aggressive price increases following the Getty acquisition and maintains that Fotolia’s prices are much more fair for consumers.
Lor hopes to launch some new services in the future but won’t reveal what those are just yet.
Sources: Leena Rao/TechCrunch (compiled/accentuation in bold above by me) and Fotolia.
Regardless of the small mistake in the TC post - iStock (since 2000) is way longer in business than Fotolia (since 2005) - it´s a strange time for iStockphoto:
- Bruce Livingstone is gone (and will reappear one day elsewhere);
- The original co-founder of iStock, Patrick Lor, joins competitor Fotolia;
- Additionally all the fuss currently about the new intended mix of iStockphoto-, Photos.com- and Jupiter Unlimited-content (see previous three postings for details).
Related:
- Anyone read TechCrunch ? (meanwhile locked)
(iStockphoto Forum) - Patrick Lor Selected as Fotolia President, North America
(Press Release)
