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Author Topic: Which Site Will be Next to TanK?  (Read 13887 times)

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PaulieWalnuts

  • On the Wrong Side of the Business
« Reply #50 on: January 11, 2009, 13:31 »
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If anybody had ever heard of it maybe somebody would have guessed it.


« Reply #51 on: January 11, 2009, 13:58 »
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Cutcaster is barely 6 months old and just opened to buyers in the middle of Sept.  Picturehouse, last month, was our first image buyers conference and we have set up in office meetings with over 35 publishers, advertisers and graphic designers.  The conference was a great experience for us as we met over 220 image buyers in the NYC area that really were enthusiastic about the Cutcaster business model and a new challenger. 

I am asking for a chance.  Give me a year to host your content for free and show you results.  That is all I can ask for.  

Best of luck John,
That is almost the same text as the Photohelters Collection "What Buyers Want", listening to NYC buyers wants and needs, the prospects for PSC and general feeling was good, but in the cold light of day and analysis of the market, the actual happenings did not live up to the hype, and the plug was pulled and the baby flushed with the bathwater, the quality of photographers content was blamed and the hands washed clean.

It is ok talking to buyers but in a lot of cases thier hands are already tied with other suppliers, and in a recession they will play safe, people do not take chances and change suppliers but look for comfort and stability in a recession, often looking back to the good old times.

But reading your replies they look sincere and honest, so do hope all goes well for you!

David ;)

« Reply #52 on: January 11, 2009, 14:39 »
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Nobody guessed StockRiot?
Hehe... I see they didnt even make Leaf's list of up and coming.  He won't have to remove them.

« Reply #53 on: January 11, 2009, 14:48 »
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I think consolidation will be the key for those with a decent model, but low sales. Canstockphoto managed to find a buyer.

But a lot of these fringe businesses are just copies of the big players, so there is little to sell. So they will  tank.

digiology

« Reply #54 on: January 11, 2009, 17:22 »
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If anybody had ever heard of it maybe somebody would have guessed it.

that's what I was going to say too  :)

« Reply #55 on: January 11, 2009, 20:10 »
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My vote is Crestock as the next to go.

As for Getty/IStock, I can't help but think even a big company can fall once greed takes over.  They are purchasing Jupiter/Stockxpert for $96 million, just got a judgement against them for $600,000.00 by a photographer in France, and are currently being sued by dozens of their own photographers for $100,000,000.00 for a breach of contact type suit.

« Reply #56 on: January 11, 2009, 20:35 »
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My vote is Crestock as the next to go.

As for Getty/IStock, I can't help but think even a big company can fall once greed takes over.  They are purchasing Jupiter/Stockxpert for $96 million, just got a judgement against them for $600,000.00 by a photographer in France, and are currently being sued by dozens of their own photographers for $100,000,000.00 for a breach of contact type suit.

From what I can see I don't think its going to be crestock, (but you never can tell)

I agree with that about getty and the big players.  I read Corbis had never turned a profit (but that might just be a tax thing as they spend their profits on buying smaller agencies) we've watched Jupiter fall from being a healthy looking 3rd to a shrivelled take-over opportunity. Who knows what this year will bring us. we'll all be on our toes that's for sure. More over, the average buyer just doesn't care about any of it unless the site they use closes down.

At least with microstock most peoples eggs are not in one basket.

helix7

« Reply #57 on: January 11, 2009, 22:06 »
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My vote is Crestock as the next to go.

I do pretty well with Crestock. Not huge amounts of money, but enough to make me think that something is going well at Crestock.

As for Getty/IStock, I can't help but think even a big company can fall once greed takes over.  They are purchasing Jupiter/Stockxpert for $96 million, just got a judgement against them for $600,000.00 by a photographer in France, and are currently being sued by dozens of their own photographers for $100,000,000.00 for a breach of contact type suit.

Maybe I've been living under a rock, but I don't know anything about those lawsuits. Anyone got a link to articles?



« Reply #58 on: January 12, 2009, 00:46 »
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I think consolidation will be the key for those with a decent model, but low sales. Canstockphoto managed to find a buyer.

But a lot of these fringe businesses are just copies of the big players, so there is little to sell. So they will  tank.

I agree with you on this - the next little while will be all about consolidation ... which will lead to price rises which will in turn open the door again to new players ... the econmic cycle is the same in almost all industries, microstock included.


« Reply #59 on: January 12, 2009, 01:18 »
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As for Getty/IStock, I can't help but think even a big company can fall once greed takes over.  They are purchasing Jupiter/Stockxpert for $96 million, just got a judgement against them for $600,000.00 by a photographer in France, and are currently being sued by dozens of their own photographers for $100,000,000.00 for a breach of contact type suit.


Maybe I've been living under a rock, but I don't know anything about those lawsuits. Anyone got a link to articles?


Here's the links:
http://www.artinfo.com/news/story/29795/getty-aef-ordered-to-pay-french-photographer-more-than-1m/

http://www.pdnonline.com/pdn/content_display/photo-news/legal-news/e3i397aa99d2932d77de7356ca95abd7023


I don't think you've been living under a rock - I think they try and hide this stuff as much as possible.  :o
« Last Edit: January 12, 2009, 01:21 by snaprender »


 

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