psssst…wanna buy about 3.5 million stock images?? Getty Images Goes On The Block

[photopress:logo_Getty_black.gif,full,alignright] The year is not starting out good for the stock photo business. Getty Images is putting it’s massive collection on the block according to The New York Times. (sure, go ahead and register to read the article. It’s free.)

As UGC (user generated content) became the tools of advertising art directors everywhere, the bottom dropped out of the market.

Here is iStock’s home page pricing module:

[photopress:istock.jpg,full,centered]
From IStock (now owned by Getty Images)to Flickr. the people doing the layouts you’ll see online and in print selling you whatever you really need, have realized that the imagery that folks relate to most has been made,well, by those folks. You, your friends, lot’s of people.
And they can, and do, “borrow ” it for free from all of these sites for presentations. And when it come to finalizing these ads and bring them to market?
They are pretty darn cheap compared to what it was. Yes, they do pay, but it ain’t what it used to be.

Now there was major controversy about usage fees for stock photos used on the web. Getty introduced a $49.00 fee which caused the photographers to be up in arms. It was amended to be a 3 month.
I guess the writing is on the wall though. The stock business for photographers is on a downturn.
By the way, I’m not showing a Getty Image photo because they have a big old logo splashed onto the image and I think you should take a look for yourself.

Yes, there is alway a market for unique images. And extremely high quality images. Or the fastest fix to an assignment.

BUT, you knew that was coming, the supplemental income for photographers from stock sales has been WAY trimmed down. Like so many things these days.
You may want to watermark your images, which you can do with many of the digital image management sofwatre today.

Comments?


Sign up for our Free Newsletter and become eligible for the Weekly Giveaway

Featured Advertisers

Latest News


Tags

Weekly Giveaway

Now Playing

Visit our Video Page!

Contest Winners

  • Congratulations to:
    Ramona I., of Corabia, Romania
    the Winner of: ThinkTank Photo Media wallets
    And:
    Allen S. of Bronx, NY
    the Winner of: “Digital Wedding Photography: Capturing Beautiful Memories” book.
  • Sign up for the NEWSLETTER for a weekly recap and to be eligible for
    free stuff!

Upcoming Events

  • PMA @CES:
    Jan 8th-13th, 2012
    Las Vegas, NV

  • Photo LA:
    Jan 12th-16th, 2012
    Santa Monica, CA

Hot Links

Current Exhibitions

  • Annenberg Space For Photography
  • “Digital Darkroom”
  • Dec. 27th. 2011 – May, 28th, 2012
  • 2000 Avenue of the Stars, #10
  • Century City, CA. 90067
  • Tel: 213.403.3000
  • Fahey/Klein Gallery
  • VARIOUS ARTISTS – FROM COLLECTORS’ ARCHIVES
    LENA HERZOG – PANORAMAS

  • Through March 3rd, 2012
  • 148 North La Brea Avenue
  • Los Angeles, CA. 90036
  • Tel: 323.934.2250
  • ICP
  • Weegee: Murder Is My Business
  • January 20–September 2, 2012
  • 1133 Avenue of the Americas at 43rd Street
  • New York, NY 10036
  • Phone: 212.857.0000
  • Rose Gallery
  • Elger Esser
  • Through Feb. 18th, 2012
  • Bergamot Station Arts Center
  • Gallery G5
  • Santa Monica, California
  • 90494
  • Phone: 1-310.264.8440
  • Silverstein Gallery

  • Silverstein Annual
  • Jan 14th-Feb. 25th , 2012
  • 535 West 24th Street
  • NY,NY 10011
  • Tel: 212-627-3930
  • Getty Center

  • Lyonel Feininger: Photographs, 1928–1939
  • October 25, 2011–March 11, 2012
  • 1200 Getty Center Drive
  • Los Angeles, CA. 90049
  • Tel: 310-440-7300
  • Howard Greenberg Gallery
  • Photo League / New York In Color
  • Feb. 3rd – March 17th, 2012
  • 41 East 57th Street, Suite 1406
  • New York,NY 10022
  • Tel: 212-334-0100
  • Staley-Wise Gallery
  • Deborah Turbeville | The Fashion Pictures
  • Currently showing
  • 560 Broadway
  • New York,NY
  • 10012
  • Phone: 1-212-966-6223
  • Museum of Modern Art
  • Selection from the Permanent Collection
  • Currently Showing
  • 11 West 53rd Street
  • NYC,NY
  • 10019-5497
  • (212) 708-9400

ADVERTISE

Want to advertise on Photoinduced? We have several options available. Learn More.

Call Me

Receive a FREE CAMERA BAG from Think Tank Photo



Aperture foundation
photoinduced


B&H Photo - Video - Pro Audio

Featured in Alltop

web100-top100

Add to Google Reader or Homepage

Review photoinduced.com on alexa.com

Archives

Subscribe