Recent Stock Photo Industry Press Releases

SAA Trial Reveals High Rate of Commercial Misuse of Getty Images Online

MIAMI, FL -- 01/27/2005. The StockArtistsAlliance (SAA) and PicScout today announced the initial results of their much-anticipated study about misuse of SAA members' images. For the purpose of the trial SAA members provided 13,000 of their Right Managed images which are represented by Getty Images. "By eliminating images with known licenses for Internet use during the past year we increased the accuracy and usefulness of the Study," said Betsy Reid, SAA's Executive Director. The images were uploaded to PicScout Image TrackerF System and then compared with images from commercial websites in North America and Germany. "We were astonished to find out these images were found 11 times the rate of the average that PicScout finds," said Eyal Gura, PicScout's CEO. This figure is based on PicScout's accumulative customer database of two million stock images.

Art4Love Inc. Partners With PictureArts to Provide Decor Imagery to Corporate Clientele

NEW YORK, Jan. 27. Art4Love Inc. (ALVI) has announced an agreement with PictureArts Corp. to make fine art prints of its outstanding images available to corporate clients. Through this revenue sharing agreement, Art4Love Inc. now is able to offer its clients a wide range of PictureArts´ unique, rights-managed photographic images for their corporate walls. The PictureArts agreement will provide Art4Love and its affiliate partners access to over 80,000 high quality, digitized images from the soon- to-launch picturearts.com website. Art4Love expands its reach by selling PictureArts products into new vertical markets, such as department stores, casinos, hotels and movie theatres for display and decor purposes.

JupiterImages Launches a Groundbreaking New Image Service

Wednesday, January 19, 2005. JupiterImages, a division of Jupitermedia Corporation (Nasdaq: JUPM), today announced the launch of RightsProtectedImages (www.rightsprotectedimages.com), a groundbreaking new licensing model for the professional stock photography industry. RightsProtectedImages.com is the first image service to license exclusive worldwide rights with a simple process and at an affordable price.

Corbis 2004 Revenue Exceeds $170 Million; Corbis CEO Steve Davis Announces Global Expansion into Six New Markets and Launches Rights Representation Service

NEW YORK, Jan 19, 2005. Corbis, a leading provider of complete visual solutions, announced today that its 2004 revenues surpassed $170 million. The announcement was made at the company's annual meeting, at which Corbis CEO Steve Davis and founder Bill Gates addressed an audience of more than 350 media and publishing executives, journalists and industry analysts.

Corbis reported $170.4 million in revenue, representing growth of approximately 22% over 2003 revenues of approximately $140 million. Recently-acquired zefa visual media group reported approximately $41 million (33 million Euro) in revenue. Davis estimated the two companies' combined 2004 revenues at approximately $211 million.

Corbis Acquires Zefa, Third-Largest Image Licensing Company in the World

Addition expands comprehensive creative choice and services in one place

SEATTLE and DÜSSELDORF (January 3, 2005)–Corbis today announced its acquisition of Zefa Visual Media Group, the third-largest image licensing company in the world, resulting in combined revenues in excess of US$200 MM. The addition of Zefa advances Corbis’ strategy of offering complete visual solutions, encompassing existing imagery, custom production, and rights services.

“This deal further solidifies our plan to accelerate penetration of key commercial markets,” said Steve Davis, President and CEO of Corbis. “Moreover, as a result, we expect to dramatically improve our market share, not only in Germany, France, and the UK, but around the globe.”