MicrostockGroup
Agency Based Discussion => Crestock.com => Topic started by: Freezingpictures on April 01, 2008, 05:04
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http://www.crestock.com/news/crestock-stock-photos-acquires-corbis-for-625-million-175.aspx
How does that happened?
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April fools?
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well you know, crestock.... the movers and shakers of the stock world probably have enough revenue to buy just about anyone they want. I also heard rumors of them buying up getty for a market monoply
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I wonder how the folks at Corbis feel about being associated with Crestock, not sure if they'll be laughing at this April Fools joke as much as the Crestock gang.
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well you know, crestock.... the movers and shakers of the stock world probably have enough revenue to buy just about anyone they want. I also heard rumors of them buying up getty for a market monoply
We were just emptying our pockets getting ready to buy getty when they got bought by someone else. It was inconvenient to say the least.
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You could always buy out the private equity group that bought Getty ....
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Josh,
Don't put your money back in your pockets yet, as luck would have it I know of a business that you could get for the $625 million you were going to pay for Corbis !
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I know I have a bridge or two for sale. I would let them go for around that much... give or take a million.
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Would have been believeable if it was the other way around, with a macro agency buying a micro. And if it was anyone other than Corbis, who already has SnapVillage.
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April fools?
Hahaha, I hadn't thought about this, but it could well be... I think everyone is surprised, now let's see how it develops. Bill Gates giving up a profitable business, that's news!
Regards,
Adelaide
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I think it's an april fools joke gone too far...
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Now come on people!
All those sales we have made at Crestock have made them a fortune ... lol. (just checked my account, still no sales)
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I got an e-mail today saying a photograph has sold. I hope thats not an april fools joke too. ;)
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I just got this info from Crestock by e-mail so you guys must have received it as well. Aren't you supposed to fess up to an April Fool's joke by Noon or you'll have bad luck or something of the sort?
If it's true... is that why SV hasn't moved out of Beta? Because they have been in a holding pattern while the lawyers were negotiating?
Corbis and Veer will continue to operate as separate brands, while SnapVillage, Corbis' 2007 attempt at entering the micro payment stock photography market, will be merged with the Crestock brand.
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I like it.
Some humour is always nice in this business - would boring, correct iStock have done it?
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Nowhere else this was announced.
I must say that seeing a group of Norwegian visitors in our offices today scared me a bit - would they be buying my company too?
I had no sales (3 months already). Had I received a sales notice, I would believe it was April's Fool. ;D
Regards,
Adelaide
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Is Crestock also buying out all the lost portfolio compensation claims at Corbis?
http://www.pdnonline.com/pdn/newswire/article_display.jsp?vnu_content_id=1003742308 (http://www.pdnonline.com/pdn/newswire/article_display.jsp?vnu_content_id=1003742308)
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Hilarious. Now if only they could put that much time and energy into approving or rejecting the vectors I submitted to them last month.
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well you know, crestock.... the movers and shakers of the stock world probably have enough revenue to buy just about anyone they want. I also heard rumors of them buying up getty for a market monoply
We were just emptying our pockets getting ready to buy getty when they got bought by someone else. It was inconvenient to say the least.
Is this a joke or is this real?
If it's real then why is the press release on only the crestock site and why is there a SEC forward looking statement disclosure at the bottom? Neither company is publicly traded right?
If it is a joke then it was a really bad one. If I was Corbis I'd be considering suing for injurious falsehood, intentional interference with business relations, and any other tort I could think of.
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Geez, where's your sense of humour?
You must be a riot at parties.
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Geez, where's your sense of humour?
You must be a riot at parties.
It's one thing to to prank, friends, family, co-workers. It is another thing to intentionally interferer with another person's business/livelihood. I love april's fools, just I would never do one that could financially harm people, especially people I don't know.
My prank this year: I came to work early and installed the "blue screen of death" screensaver on everyone's computer. The best part was how long it took the IT guy to figure it out.
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Pull my finger.
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Geez, where's your sense of humour?
You must be a riot at parties.
It's one thing to to prank, friends, family, co-workers. It is another thing to intentionally interferer with another person's business/livelihood. I love april's fools, just I would never do one that could financially harm people, especially people I don't know.
My prank this year: I came to work early and installed the "blue screen of death" screensaver on everyone's computer. The best part was how long it took the IT guy to figure it out.
well I don't think there was much harm done to corbis.... It is common for newspapers and radio stations to have april fools news, so why can't a stock site.
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Well done crestock. I can't see how this prank could harm anyone. It gave me a good laugh. It was completely unbelievable. Perhaps April fools day is bigger in Europe? The TV and papers in the UK were full of them.
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I agree, it wasn't particularly funny, as it wasn't over the top exaggerated, and there wasn't any notice anywhere about it being a joke.
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if you check the link now (after april fools day) there is a notice that it was a prank... isn't that how it is usually done?
http://www.crestock.com/news/crestock-stock-photos-acquires-corbis-for-625-million-175.aspx
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if you check the link now (after april fools day) there is a notice that it was a prank... isn't that how it is usually done?
Yes apart from the fact that nobody was fooled by it in the first place, which as I understand it is the whole idea behind April fools day.
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My prank this year: I came to work early and installed the "blue screen of death" screensaver on everyone's computer. The best part was how long it took the IT guy to figure it out.
Now THAT is a funny prank :D
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well for those of you who can read norwegian, looks like the stunt got pretty good national newspaper coverage here in norway. The story about how it was or wasn't a good idea and how corbis reacted is now front and center on dagbladet.no
http://www.kjendis.no/2008/04/02/531378.html
http://www.dagbladet.no/
hopefully all publicity is good publicity
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My prank this year: I came to work early and installed the "blue screen of death" screensaver on everyone's computer. The best part was how long it took the IT guy to figure it out.
This reminds me of a colleague, back in the days o CGA monitors, in vengeance of another colleague who had changed his password on the mainframe computer. He wrote a BASIC program that made the screen look like it had a TV horizontal problem. The other guy saw that, tried the cables, hit the monitor...
Regards,
Adelaide
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well for those of you who can read norwegian, looks like the stunt got pretty good national newspaper coverage here in norway. The story about how it was or wasn't a good idea and how corbis reacted is now front and center on dagbladet.no
[url]http://www.kjendis.no/2008/04/02/531378.html[/url]
[url]http://www.dagbladet.no/[/url]
hopefully all publicity is good publicity
Can anyone translate or give a summary?
Update: I noticed that Corbis threatened legal action. Good for them. Again, this was a horrible joke. Crestock put into question who owned Corbis, not to mention all the upset phone calls they must have received. That reminds me of another tort Crestock can be sued for, slander of title. They're just lucky none of the news agencies picked it up.
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Geez, where's your sense of humour?
You must be a riot at parties.
It's one thing to to prank, friends, family, co-workers. It is another thing to intentionally interferer with another person's business/livelihood. I love april's fools, just I would never do one that could financially harm people, especially people I don't know.
My prank this year: I came to work early and installed the "blue screen of death" screensaver on everyone's computer. The best part was how long it took the IT guy to figure it out.
well I don't think there was much harm done to corbis.... It is common for newspapers and radio stations to have april fools news, so why can't a stock site.
I noticed the highlighting. There is a huge difference between me playing a joke on people I've hired and work with, and me messing with a competitors business. If I put out a fake press release that I am buying my competitor I'd expect to be sued, period! Newspapers put out fake news that is obviously a joke and that doesn't hurt/insult other news stations. Crestock put out an insulting press release that had no obvious sign of being a joke.
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Update: I noticed that Corbis threatened legal action.
Guess I was right about the folks at Corbis not finding this as funny as the folks at Crestock, this could possibly go down as the biggest April fools disaster of the century, I wonder if Judge Ross had anything to do with it :D
Still at least Crestock are able to afford to defend themselves, they can use all the money that they don't pay us on subscription sales.
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Life must be tough out there in the wild, wild west if they feel that threatening to sue is the answer to a prank like that. Although the joke wasn't very good, the response looks like hysteria. But then, I'm a European living in Asia, and have probably lost the contact with reality years ago. Good for me ;D
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Geez, where's your sense of humour?
You must be a riot at parties.
It's one thing to to prank, friends, family, co-workers. It is another thing to intentionally interferer with another person's business/livelihood. I love april's fools, just I would never do one that could financially harm people, especially people I don't know.
My prank this year: I came to work early and installed the "blue screen of death" screensaver on everyone's computer. The best part was how long it took the IT guy to figure it out.
well I don't think there was much harm done to corbis.... It is common for newspapers and radio stations to have april fools news, so why can't a stock site.
I noticed the highlighting. There is a huge difference between me playing a joke on people I've hired and work with, and me messing with a competitors business. If I put out a fake press release that I am buying my competitor I'd expect to be sued, period! Newspapers put out fake news that is obviously a joke and that doesn't hurt/insult other news stations. Crestock put out an insulting press release that had no obvious sign of being a joke.
well you do have a point... perhaps additionally since you were paying the sallery of the IT guy. I can read the article but not sure I feel like translating the whole thing :) But it seems like you understood (or translated it on the net) a fair part of it.
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I can see this being laughed out of court, if it was to get that far. It was obviously a joke on April fools day and people who took it seriously probably still think the moon is made of cheese.
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For those who can't read Norwegian, here is an excerpt from the article which puts the matter to bed:
The last two lines:
Dan Perlet confirmed to Dagbladet.no his satisfaction with Crestock declaring the case as a prank.
- We are not taking the case any further, he says.
Read more here http://www.crestock.com/news/corbis-threatens-with-legal-actions-over-april-fools-joke-176.aspx
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well I don't think there was much harm done to corbis.... It is common for newspapers and radio stations to have april fools news, so why can't a stock site.
The best one I saw was on Pardon the Interruption on ESPN. They argued during the show about the merits of the NCAA forcing Kansas and Davidson to replay the final 15 seconds of the NCAA quarterfinal basketball game. They said it would be played Wednesday night, and was due to a Kansas player with 5 fouls being allowed to stay in the game and guard Davidson's star player in the closing seconds.
I bought it completely. ::) Apparently a lot of people did, because they were deluged by email with arguments on both sides. Nicely done!
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It was obviously a joke on April fools day and people who took it seriously probably still think the moon is made of cheese.rt
I suppose now you're going to tell me there isn't a man in the moon? ???