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Author Topic: Getty Images to Acquire Jupiterimages  (Read 22854 times)

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jsnover

« Reply #25 on: October 23, 2008, 14:07 »
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well how many different brands do getty have.  It seems like there are tons.   I don't see any reason why they couldn't have two brands of microstock.

No problem in theory, but in practice, given the two collections, how would you differentiate the two for customers? I just can't imagine any division - quality, price, themes - that you could make.

I think people have suggested "collections" to break up iStock's large image pile into several smaller themed ones (on iStock's forums). I wouldn't mind allowing more "creative" (i.e. aggressively altered) images, for example. Even if I hate the flood filter, take a look at many of SS's bestsellers - there's a market for that sort of stuff.

If you imagine yourself a new customer being presented with IS and StockXpert collections and asking "what's the difference"? I know there are some different images (IS exclusives and more images from new contributors on StockXpert who face IS upload restrictions) but overall there's a huge amount that's the same.


« Reply #26 on: October 23, 2008, 14:10 »
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I'm told the deal is under review by regulators and government and can take several months to complete. Meanwhile it's business as usual. Getty has a log standing reputation of keeping brand names and equally long standing reputation of twisting arms into signing one contract. I guess it was just a matter on time before the micros suffered the same form of acquisition as the macros have although in this case its one big package.

« Reply #27 on: October 23, 2008, 14:23 »
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In my view, for various reasons, photos.com is more worthy than stockxpert.
I wish, too, that Getty puts a end to the free collection stockechange.
« Last Edit: October 23, 2008, 14:54 by loop »

« Reply #28 on: October 23, 2008, 14:29 »
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This isn't like a Getty takeover because Getty were bought by a private equity group Hellman & Friedman.  We will have to wait and see what their plans are.  The only change I have seen with istock is my earnings have recently gone down ::)

« Reply #29 on: October 23, 2008, 15:21 »
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Maybe Istock will become exclusively exclusive, contributer wise, while StockXpert/et. al. we be for independants only.

« Reply #30 on: October 23, 2008, 15:57 »
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I dont think merging would be a good deal for them.

If StockXpert is working why will getty change anything? They can work as diferent arms of the same body

bittersweet

« Reply #31 on: October 23, 2008, 16:35 »
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I dont think merging would be a good deal for them.

If StockXpert is working why will getty change anything? They can work as diferent arms of the same body

So you think it's likely they will be okay with offering the "exact same" product on two different sites for two different prices?

« Reply #32 on: October 23, 2008, 16:46 »
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It will take some time, maybe half a year to finalize this transaction but I guess it would end up like GM acquiring Chrysler. Cherry picking a good stuff and killing rest of the competitor :-)

bittersweet

« Reply #33 on: October 23, 2008, 17:38 »
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Well Bitter himself chimed in on the istock thread about this with a completely vague comment:

 http://www.istockphoto.com/forum_messages.php?threadid=78556&messageid=1183789

vonkara

« Reply #34 on: October 23, 2008, 18:09 »
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Maybe it mean that exclusive could upload to jupiter. Then it maybe mean even more images online there... even more than on getty with all the StockXpert (non exclusive) images. But it would be hard to set the prices, because I don't think the IS exclusive would like to sell on subscriptions. Though they could sell their images on macro prices like on Getty if I understand correctly.

And they will get also Stockxpert. I don't know if Getty already owned another microstock agency than Istock? Do they allowed the IS exclusive to upload there?

bittersweet

« Reply #35 on: October 23, 2008, 18:21 »
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I don't know if Getty already owned another microstock agency than Istock? Do they allowed the IS exclusive to upload there?

Currently, gold and diamond canister exclusives can upload to Getty. Sometime soon, silver level will also be included. And no, Getty does not currently own another microstock agency.

iStock does have a subscription model, but contributors are free to opt out, and they don't pay ridiculously low royalties on those sales as compared to pay-per-download sales.

« Reply #36 on: October 23, 2008, 19:53 »
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Maybe it mean that exclusive could upload to jupiter. Then it maybe mean even more images online there... even more than on getty with all the StockXpert (non exclusive) images. But it would be hard to set the prices, because I don't think the IS exclusive would like to sell on subscriptions.

I don't want to waste time uploading to multiple sites.  That's a reason I'm exclusive.

« Reply #37 on: October 23, 2008, 20:20 »
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All stocksites merging would be convenient , having the same income but less work!
But somehow I have a bad feeling about this. Like someone said before; ne company dictating the market, and less rights for us contributors!
If there is much competition, we can run of to the competitor if the price isn't right. But what if we're all dependent on ne lare company?

vonkara

« Reply #38 on: October 23, 2008, 20:24 »
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I'm not creating enough images to care about the time I take upload
« Last Edit: October 23, 2008, 20:28 by Vonkara »

« Reply #39 on: October 23, 2008, 21:08 »
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Consolidation is a consequence of business these days. All sectors are in the process. Even biggies like Rio Tinto and BHP Billiton are involved.

« Reply #40 on: October 23, 2008, 21:29 »
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All stocksites merging would be convenient , having the same income but less work!
And lower commissions!  You think we have no power now, just wait till Getty owns the world.

« Reply #41 on: October 24, 2008, 00:18 »
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Maybe it mean that exclusive could upload to jupiter. Then it maybe mean even more images online there... even more than on getty with all the StockXpert (non exclusive) images. But it would be hard to set the prices, because I don't think the IS exclusive would like to sell on subscriptions. Though they could sell their images on macro prices like on Getty if I understand correctly.

And they will get also Stockxpert. I don't know if Getty already owned another microstock agency than Istock? Do they allowed the IS exclusive to upload there?
That IS exclusives could upload to StockXpert and Photos.com would be interesting.

What bitter said was that Getty+Jupiter  would mean something interesting for IS non-exlusives. Being one, I will be very interested to find out what he meant.


vonkara

« Reply #42 on: October 24, 2008, 00:44 »
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What bitter said was that Getty+Jupiter  would mean something interesting for IS non-exlusives. Being one, I will be very interested to find out what he meant.
Exactly, but I don't think he meant anything specific. We'll see, it will take a lot of time to see what will happen

« Reply #43 on: October 24, 2008, 05:51 »
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Just wondering...how long before they make a bid for Shutterstock?

« Reply #44 on: October 24, 2008, 06:08 »
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We will have to see what the plan is.  Are the people who bought getty and jupiter images more interested in the traditional sites?  If they are, they could sell off istock or StockXpert and they wont be interested in more microstock sites.  Perhaps corbis will be more interested in SS, as they have so far failed to make an impression with snapvillage.  Would the owners of SS want to sell when valuations are going to be low during an economic slow down?  It might make more sense to keep SS until there is a recovery.

grp_photo

« Reply #45 on: October 24, 2008, 06:25 »
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I only can imagine that they bought Jupiter to have more control over the market as a whole. They still make a lot more money with traditional stock so microstock and subscription can't be their primary interest. Also a site that pays 50% commission to the contributors is certainly not in their interest. They won't sell istock or StockXpert because it's better for them to have them (und us) under control. But i can foresee a slow death to StockXpert  :'(

hali

« Reply #46 on: October 24, 2008, 15:52 »
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double entry oops ;D
« Last Edit: October 24, 2008, 15:57 by hali »

hali

« Reply #47 on: October 24, 2008, 15:56 »
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It will take some time, maybe half a year to finalize this transaction but I guess it would end up like GM acquiring Chrysler. Cherry picking a good stuff and killing rest of the competitor :-)

argh, melastmohican,  sharpshot , grp... you may all be so bright...
wasn't that how bill gates did at the beginning with microsoft ? get someone from apple? same with the auto makers buying over patents to battery-operated cars in the 80s and 90s, to stop production, and protect their gas driven interest.

why worry about competition when you have money?
 you simply buy them and keep them in the can.
 good point melastmohican, sharpshot , grp !
« Last Edit: October 24, 2008, 16:00 by hali »

« Reply #48 on: October 24, 2008, 18:31 »
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I hope StockXpert will stay as it is or be better and not becoming a little Istock. The micros and macros industry is moving day after day, because it still a new industry in a way, let see what will happen

I hope that too!  StockXpert is an excellent earner for me, their commission is much higher and the upload process is so fast.  I haven't had too many problems with reviewers, with technical rejections that made sense, whereas in IS they see flaws I fail to understand.  Not to mention the much more responsive staff, including Steve-Oh.

in many fields there are companies who own different brands and let them coexist - JI itself.  Let's hope they leave StockXpert unchanged.

Regards,
Adelaide

hali

« Reply #49 on: October 24, 2008, 19:30 »
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Adelaide,
i think we all agree StockXpert is a better site than IS. their rejections are mostly
well explained and justified. something many of us cannot say the same about IS.
but  IS is higher of Big 6 than StockXpert. If anything StockXpert will become IS, and we will lose our better earner. It's bad enough we're losing more sites to market our images,
and everyday we seem to see more disappearing.


 

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