News
Getty boots PictureArts
As many predicted when Jupiter purchased PictureArts, Getty Images has decided to boot the 40,000 PictureArts’ images from its collection by Dec.16th. Jonathan Klein (Getty's CEO) was recently quoted saying “Getty should not support its major competitors by distributing their images”. Jupiter Media seems to have been expecting this and almost immediately released revised financial guidelines accounting for this change and the sale of Search Engine Strategies. This change will no doubt hurt Jupiter Media but does not seem to be a crushing blow and may provide further incentive for Alan Meckler to keep buying and building his stock licensing business in order to compete. In the past, Corbis has benefited from these moves by Getty as they have been willing to market the Jupiter collections spurned by Getty.
Posted in: News, Photographers, Stock Art Buyers, Stock Photo Companies
