Tag Archives: getty

Flickr/Getty deal brings new revenue opportunity for photographers

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The photo-sharing website Flickr has introduced a new option which allows photographers to publicly nominate their images for licensing by Getty.

When another user sees an image they would like to licence, they will be put in touch with Getty to arrange the sale.

In short, the new Flickr/Getty feature, called Request to License, lets photographers nominate their photos directly to users searching for photos to license – without first going through Getty.

Cnet News has a report with a bit of context here:

In Flickr’s initial partnership with photo licensing powerhouse Getty Images, Getty representatives cherry-picked Flickr photos and photographers they liked. Later, Flickr members could offer their own candidates for evaluation by Getty for licensing.

More detail from the Flickr blog:

When a prospective licensee sees an image marked for license, they can click on the link and be put in touch with a representative from Getty Images who will help handle details like permissions, releases and pricing. Once reviewed, the Getty Images editors will send you a FlickrMail to request to license your work, either for commercial or editorial usage. The decision to license is always yours.

Flickr recently added the 100,000th photo to the Flickr Collection on Getty Images.

paidContent:UK: Getty Images VP on finding business models for cit-j photos

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In this interview with Catherine Gluckstein, the VP of Getty Image’s iStock, which the photo agency bought back in 2006, discusses the difficulties of finding a business model for images from citizen journalists.

Getty’s own foray into the cit-j space saw it buy and later shutdown Scoopt.

“[A] lot of people who take the pictures are not necessarily trying to monetise them – it works best when they send them to the news organisations,” explains Gluckstein.

iStock, which is a pro-am microstock play, is finding success with timeless images, she says. Contributors receive up to 40 per cent commission with images sold to users from $0.95 each.

Gluckstein, who is also CFO of Life.com – the resurrected photo magazine, also comments on the role of social media as a significant driver of traffic to the site.

Full interview at this link…

The Business Insider: Is the party over for MediaBistro?

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MediaBistro owner WebMediaBrands, formerly known as Jupitermedia, has laid off 60 employees – about 25 per cent of its total staff, Nicholas Carlson of The Business Insider reports.

The remaining employees will get a 5 per cent pay cut.

Jupitermedia recently completed its sale of Jupiterimages to Getty for $96 million, about half the original bidding price that prompted protracted negotiations last year, according to Photo District News (PDN). Things look non too rosy for Jupiterimages staff either, with Getty similarly poised to make swingeing cuts.

In a memorandum to WedMediaBrands staff (reproduced in full by The Business Insider), CEO Alan Meckler blames the cuts on a major downturn in jobs board revenue for MediaBistro (which Jupitermedia bought for $23 million in 2007), plus a decline in general advertising and event registrations.

Full story…