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Getty's Sets Flat-Rate Royalty Contract

15 May 2012
Published in Industry News

All editorial contributors for Getty Images should take notice of a new contract in place this year—one, all-encompassing deal that gives 35 percent royalties for all image sales. Currently, there are multiple contracts in place that pay some contributors up to a 50 percent royalty. Getty made the announcement in November and gave contributors 30 days to sign...

Getty Considers Selling WireImage Division

11 August 2011
Published in Industry News

For $300 million dollars, Getty Images might be sloughing off one of its many photo divisions, according to a report from the New York Daily News. If the sale happens, it will represent a big change for Getty, which has spent the past decade procuring dozens of stock imaging companies.

A source for the Daily News story said the branch in question is...

Getty Adds Expiration Clause to Royalty-Protected Images

24 June 2011
Published in Industry News

Stock photo giant Getty Images recently amended contract terms for its contributors, which enable the agency to move images that haven’t been licensed for three years or longer to its royalty-free collections.

This new addendum has caused an uproar among the photography community. In May, the American Society of Media Photographers and...

Getty Purchases PicScout, Photolibrary

04 June 2011
Published in Industry News

Getty Images has added two more imaging companies to its list of acquisitions: PicScout and Photolibrary.

PicScout is a front-runner in online image use, metadata and licensing technology. With this merger, Getty plans to improve its image identification technology by offering PicScout's tools to their global customer base.

Photolibrary is one of the leading global stock agencies, with more than 10 million images from....

Getty Images Syndicates L.A. Times Celebrity Images

10 September 2010
Published in Industry News

Brad Pitt, Angelina Jolie, George Clooney, Johnny Depp and Cameron Diaz are just a few of the faces picked up by Getty Images in August through a deal to subsidize celebrity images by Los Angeles Times photographers.

This new collection of images will be available on Contour, a division of Getty Images that focuses on professional licensing of celebrity portraiture...

From the Ashes: The Rise of a New Photojournalism

16 October 2009
Published in Photojournalism

Through new distribution platforms, multimedia formats and teamwork, today's photojournalists are trying to resurrect a moribund industry.

BREAKING NEWS — Photojournalism, the use of images to tell stories and convey information about topical events, from the Crimean War to this year's health-care reform debate, has died following a long and gradual illness.

The profession was approximately 150 years old...

Getty, Time Unveil Life.com

21 September 2009
Published in Industry News

Life magazine's 160 years of photo archives became available, for free, on March 31 after a two-year project to digitize the publication's expansive photo collection.

Life.com, the online photo archive created by Getty Images and Time Inc., launched with more than 7 million images and plans to add 3,000 new images every day. The database features images from both the Life and Getty photo databases. The expansive collection includes unseen galleries, such as photos from the night of Martin Luther King Jr.'s assassination; only 3 percent of the images have been previously viewed by the public...

Leibovitz Reaches Tentative Legal Settlement

18 September 2009
Published in Industry News

For now, it seems, photographer Annie Leibovitz has won some reprieve from her financial woes.

Her most recent monetary debacle began in December 2008, when Leibovitz took out a $24 million loan from Art Capital Group (ACG), putting up her photo archives, her studio and her two homes in New York as collateral, to help her pay for vendor lawsuits against her for more than $700,000 in unpaid bills. At the same time, Leibovitz signed ACG, which specializes in artist loans, as her exclusive agent through 2011...

Getty Refocuses Microstock Licensing Plan

03 September 2009
Published in Industry News

To entice frugal web designers to use Gettyimages.com, the Seattle-based stock photo company now offers licenses for very small images not previously offered on Getty, or even microstock sites such as iStockphoto, Fotolia and Shutterstock.

These micro-images, ideal for web and mobile products, come in two sizes: 170 or 280 pixels wide. Getty expects these types of photos to be used for e-mail, websites, web ads, banners, mobile apps and sites, intranets, web applications and other digital projects...

AP Images Outbids Getty in NFL Contract Agreements

04 July 2009
Published in Industry News

AP Images, the photo licensing branch of the Associated Press (AP), has won a multi-year contract to secure commercial licensing rights to images of National Football League games. Getty Images had possessed the rights since 2004.

This is the second sports deal finalized by AP Images this year, a contract with the NCAA was inked in February for commercial distribution rights of championship photos. AP also owns editorial licensing rights for all sports images...

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