Jobs shed as Getty Images absorbs iStockphoto: Getty Images has confirmed to BJP that 30 employees have been made redundant at iStockphoto. "We are completing the process of full functional integration across the two brands," says Getty Images' CEO Jonathan Klein. "Nonetheless, Getty Images remains committed to the vitality of the iStockphoto brand." The layoffs comes just a few days after Kelly Thompson announced that he was leaving Getty Images. Getty Images says: "Kelly has now decided that the time is right for him to leave the business to pursue other interests and we wish him the very best in all his future endeavours. Kelly's last day with the company will be January 20." BJP. Related:
Corbis is expanding again by acquiring the NMA Group in LA, a pioneer in the realm of branded entertainment, which helps marketers weave products into the plots of movies and television shows. “This will greatly expand our ability to offer advertisers ways to more closely affiliate with branded entertainment,” said Gary Shenk.
NMA will operate as an autonomous unit of the entertainment division of Corbis. Mark Owens, president at NMA, will lead the division, which also includes GreenLight, the Corbis licensing consultancy that represents deceased public figures.
Norm Marshall, who founded NMA in 1979, will remain chief executive. Mr. Marshall and Mr. Shenk said they could not discuss the financial terms of the deal. “Bill has a thing about not divulging financial stuff,” Mr. Marshall said, referring to Mr. Gates, adding that Mr. Shenk had told him, “ ‘Norm, if I do it, Bill will fire me.’ ”