Category: Stock Footage
News
Getty 2Q07 – core creative stills business down
In a conference call with analysts yesterday to discuss Getty’s 2nd quarter 2007 results, CEO Jonathan Klein painted a picture of a company whose core business is contracting while it reaches for new businesses for long-term growth. Decreasing creative stills sales, which comprised 75% of the company’s total revenue of $218MM for the quarter, resulted in a currency neutral decrease in revenue of 2%, year-over-year. The company’s stock closed slightly down at the end of the day, at $44.84.
News
RR replaces RM on Getty’s new footage site
In keeping with their claim that licensing motion imagery represents a key area of future growth for the company, Getty has announced the launch of its new footage web-site. The e-commerce enabled site will license footage under either the Rights-Ready (RR) or the RF methods, only, and will not offer Rights-Managed licensing. In addition, Getty seeks not only to generate revenue by licensing the footage, but also by offering a service to help clients manage the digital assets they license from the company.
Features
A conversation with Kevin Schaff, CEO of Thought Equity Motion
Conditions seem especially ripe for the speedy ascendancy of moving imagery to a position of central importance in the content licensing business. Print media continues to suffer declining readership and ad-sales. Broadband access has reached ever growing numbers of households. Many say the new media and broadcast television will merge. To me, it looks more like the new media will, ultimately, lay claim to the broadcast industry and transform it into a small part of the amorphous whole we refer to as "the Internet." All of these conditions combine to create a growing market for moving imagery.
News
Anistock, supplier of RF animation clips is launched
Anistock, a new supplier of 2d and 3d RF animation clips has launched with offices in Ireland and India. Brian O’Connell, a former VP of Sales at Stockbyte, and Bhanu Pratap Singh, owner of an animation studio in India, have joined forces to open the business. Anistock not only provides a wide selection of original RF animations, but also offers a quick-turn-around customization service allowing clients to embed their own company brand, audio, text or logo into any clip.
News
Thought Equity to represent footage from NBC News archives
Thought Equity Motion has announced a deal to digitize and distribute selected footage content from the NBC News Archives. Thought Equity will make news clips and television programming from the last seventy years available for quick downloading for commercial and editorial use. The Denver, Colorado, company will also apply its technology to restore and preserve much of the older content in NBC’s vast collection.
News
Getty footage appearing on FOX reality show ‘On the Lot’
Getty Images (NYSE: GYI) has penned a deal with Fox to be the official footage partner for its new reality show, "On the Lot". On The Lot is a reality show where aspiring film-makers compete to create short films every week that are voted on by the audience. At the conclusion of the season the most popular film-maker will be awarded a million dollar movie contract. Getty will provide the competing filmmakers with a custom library of Getty Images Footage clips each week.
News
Getty Images appoints Craig Peters to lead the company’s newly created Footage and Multimedia divisi
Seattle based Getty Images (NYSE: GYI) has announced the appointment of former WireImage Executive Craig Peters to the post of vice president of the newly created Footage and Multimedia division. Peters was formerly the SVP of new media and strategic development at WireImage (Acquired by Getty images in Feb 07) where he managed the company's worldwide video and mobile businesses. As the head of footage and multimedia, Peters will be responsible for growing footage collections, attracting new customers, driving the development of a new web site and advancing technological improvements, along with developing new business models and improving the overall customer experience. He will be based in Los Angeles and will report to Nick Evans-Lombe, senior vice president of Imagery and Services.
