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Written by Ron Rovtar, Managing Editor, the Stock Asylum
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Thursday, 20 March 2008 |
 A stock photography brand that has been a fixture in the U.S. marketplace since the early 1990s quietly disappeared early last week after its new owners decided their own brand offered more potential in North America.
Starting March 10, customers who accessed the Index Stock website were greeted with a short notice indicating they would be redirected to the new Photolibrary site. The message noted that all Index images remain available at Photolibrary.
"We simply thought we could create a better brand presence with the Photolibrary name going foward," explained Photolibrary Chief Executive Glenn Parker. He said, customers seem very happy with the change.
"The response has been quite good," Parker added. "You never know what will happen when you do something like this."
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Written by Ron Rovtar, Managing Editor, the Stock Asylum
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Tuesday, 18 March 2008 |
Jupitermedia reported record revenues for the final quarter of 2007, but the company also reported a massive write-down that resulted in an accounting loss of $77.3 million for the year and $76.7 million for the quarter that ended Dec. 31.
The company said the $82.2 million "impairment charge" (which decreased to $76.7 million after taxes) was related to the write-down of goodwill and intangible assets. Other charges, including those associated with aborted merger talks involving Getty Images, contributed in a much smaller way to the company's reported annual loss.
"The intangible impairment is a non-cash charge and it does not affect our liquidity, cash flows from operating activities or debt covenants, or have any impact on future operations," said Jupitermedia chief executive Alan Meckler in a prepared statement.
"This impairment charge is not reflective of our positive view of the value of our underlying business. We remain optimistic and encouraged about the future success and value of our business."
Meckler did not outline exactly what the charges involved, but may provide more information in a conference call with industry analysts Tuesday morning.
Forbes' Investopedia in part defines an intangible asset as "An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all common intangible assets in today's marketplace." Click here for Investopedia's discussion of intangible assets.
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Written by Ron Rovtar, Managing Editor, the Stock Asylum
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Monday, 17 March 2008 |
IStockphoto announced on this date that it is extending and improving a program through which users of the popular Microsoft Office software are able to use selected images from the iStock library free of charge.
The iStockphoto division of Getty Images said the year-old free image program has helped the micropayment stock photography division reach new customers who had not used iStock images in the past. Only low resolution digital files are available through the Microsoft program.
"Since we began offering imagery on the Microsoft Office site, tens of thousands of Microsoft Office users have signed up to access our 2.6 million image collection and take full advantage of all we have to offer," said Garth Johnson, vice president of business and community development at iStock in a prepared release.
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Read more...
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Written by Robbi Siegel
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Wednesday, 12 March 2008 |
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Boutique stock photo agency Glasshouse Images
has opened its’ doors to let in a few select distinguished
photographers. We offer our clients a smart, sophisticated collection
where quality is emphasized over quantity. The Glasshouse style is
focused on artful, inspired and inspiring images that have a clear
commercial spark. We look for classic quality in combination with fresh
vision.
If you feel you have a unique vision and would like to
become a contributor to the Glasshouse collection then please email
your website or online portfolio to
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
. Or you may email 10-15 low-res jpegs to the same email address.
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Last Updated ( Wednesday, 12 March 2008 )
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Written by Ron Rovtar, Managing Editor, the Stock Asylum
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Wednesday, 12 March 2008 |
As one might expect, the newly-elected presidents of the two major U.S. stock photography organizations have different agendas for their terms in office.
But, both Zave Smith of Stock Artists Alliance (SAA) and Maria Kessler of the Picture Archive Council of America (PACA) speak passionately about their plans.
Smith said SAA will continue to work closely with stock distributors to improve relationships with photographers. Kessler suggested she will spend much time on PACA's successful copyright education program, which was renamed this week in honor of Jane Kinne, an industry veteran who died in November.
Continue reading Two Presidents . . .at the Stock Asylum (SUBSCRIPTION REQUIRED)
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