So where had Alan been?
In Spring 2007 it sounded like a $450 million deal (the New York Post story), now it comes down to $96 million which will "allow Jupitermedia to pay off all of its bank debt".
Getty Images´ press release, followed by Jupitermedia´s press release for Jupiterimages.
More financial details here in the last two paragraphs of this article at 24/7 Wall St.
Thursday, October 23, 2008 in Getty $49 web resolution, Getty Images, Getty Images Consumer Site, iStockaudio, iStockphoto, iStockvideo, JAMD, Jupiterimages, Jupitermedia, Picture Business, Pump Audio, Stock Photo Industry, Stockxpert, Valueline by Getty Images, ViewImages by GettyImages | Permalink
Alan Meckler, Getty Images, Hellman & Friedman, Jonathan Klein, Jupiterimages, Jupitermedia
Getty Images notes:
"The refinements address photographers´ concerns specific to licensing duration, distribution and usage for the rights-ready and rights-managed products, while the royalty-free product remains unchanged."
The Stock Artists Alliance more in detail:
For a higher resolution, open the image above in a new tab or window, or click here.
Below the text version (courtesy of Getty Images) which mentions expressly both for RR and RM that "Licensing for mobile use is no longer included":
Continue reading "Revised Getty Images $49 web resolution license" »
Friday, November 16, 2007 in Getty $49 web resolution, Rights Managed/Rights Protected, Rights-Ready, Royalty Free | Permalink
Getty Images, Getty Images $49 web resolution license, SAA, Stock Artists Alliance