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Author Topic: Jupitermedia Shareholders Approve Getty Sale  (Read 5386 times)

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« on: February 24, 2009, 06:15 »
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From PDN:

Jupitermedia Shareholders Approve Sale of Jupiterimages to Getty

The Jupitermedia era came to an end February 20, as shareholders voted to sell Jupiters stock agency to Getty Images and rename the rest of the company.

Getty has completed its $96 million acquisition of Jupiterimages, a stock photo brand that includes the StockXpert microstock site and several smaller services that offer multimedia content.

The rest of Jupitermedia will be renamed WebMediaBrands Inc. and will begin trading under the NASDAQ symbol WEBM. The renamed company includes such web properties as Internet.com, Graphics.com and the Mediabistro site for media professionals.

............

Here is a link to the rest at PDN if you are interested

http://www.pdnonline.com/pdn/content_display/photo-news/stock-and-syndication/e3icba15d3dbc5504b37975fa0bd2b42685


« Reply #1 on: February 24, 2009, 07:28 »
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Disappointing that Jupiter had to give up their agency.  I hope that they leave StockXpert alone.  It will be interesting to see what / if any changes come along.

e-person

« Reply #2 on: February 24, 2009, 14:32 »
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I think they will start pushing exclusivity.  :)

« Reply #3 on: February 24, 2009, 14:38 »
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I think they will start pushing exclusivity.  :)

I can't see who will take it though. The offer would have to be * good.

« Reply #4 on: February 24, 2009, 15:57 »
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I though this deal was done months ago, so this is good to know.  Perhaps this explains the poor sales at StockXpert.  With the looming date of closing they surely stopped spending.  Hopefully (if StockXpert is not absorbed by some other entity) they will begin marketing again.

« Reply #5 on: February 24, 2009, 18:16 »
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As chairman Mao said at the annual meeting of the Central Committee, a year after the start of the disastrous Cultural Revolution:

Comrades, last year we were standing on the edge of the abyss, but I'm glad to tell you that this year we made a giant leap forward!  ;D

lisafx

« Reply #6 on: February 24, 2009, 18:20 »
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As chairman Mao said at the annual meeting of the Central Committee, a year after the start of the disastrous Cultural Revolution:

Comrades, last year we were standing on the edge of the abyss, but I'm glad to tell you that this year we made a giant leap forward!  ;D

LOL!  Brilliant!

This may explain why sales from JUI and Photos.com have all but stopped the last week or so.  And yes, sales at StockXpert are pretty bad too.

« Reply #7 on: February 24, 2009, 18:21 »
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I think they will start pushing exclusivity.  :)

I can't see who will take it though. The offer would have to be  good.

At a commission rate around 500%, I would consider it   :D

« Reply #8 on: February 24, 2009, 18:33 »
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This may explain why sales from JUI and Photos.com have all but stopped the last week or so.  And yes, sales at StockXpert are pretty bad too.

The point is we just don't know what will happen with StockXpert. The corporate alpha-monkeys have some newspeak for it, like strategic alliances and blablala. They get some fat bonuses then leave to the next corporation to wreck it. Nah, I didn't mention Veer.  :P

A simple shoemaker at the end of the street has more commercial sense than those corporate dumbos. I've always said that, and since October 2008 I'm sure. I just spent too much time in the corporate habitat, I'm afraid. What's Gettys intention with StockXpert? We just can guess and hope or fear.

« Reply #9 on: February 24, 2009, 19:09 »
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Would be great if they ditched that StockXchg, the free image service.

My sales at StockXpert have recovered. They took a nosedive when they did the Photos.com marriage, but things started to recover around December.

RT


« Reply #10 on: February 24, 2009, 19:09 »
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Well Steve-oh is gone (or going) from StockXpert over to Jupiter, some may view this is a sign that they're clearing it out, Getty already own the most successful microstock site maybe they don't want another one.

Xalanx

« Reply #11 on: February 25, 2009, 02:59 »
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They should keep going with StockXpert, maybe even improve it. Why lose the sales on the photos that are not also on istock because their 15 / day limit and exclusive-contributor hysteria? I think there are a lot of photographers that got fed up with IS and don't upload there anymore. You can't get few thousands of photos there too easy, unless you're exclusive.

RacePhoto

« Reply #12 on: February 26, 2009, 09:53 »
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Well Steve-oh is gone (or going) from StockXpert over to Jupiter, some may view this is a sign that they're clearing it out, Getty already own the most successful microstock site maybe they don't want another one.

I don't mind as long as they send a final payment for whatever they owe me, before they flip the switch. One less site to upload to and track.  ;D

I can get a new photo accepted on IS and get more views in a week, than some of the smaller sites get in a year. I get more sales on SS with the same photos, in a month, than I do on most of the other sites, added together, in a year. I'll admit that FT has been picking up lately, which makes me happy to have a #3 that actually turns some sales.

All the rest have taken a dive in the dumpster since last Fall. Keep in mind that different people, with different subjects, styles and materials, will have different results. That's why having seven agencies is still a good thing. StockXpert wouldn't affect me one way or another, it's a nice place, does middle sales and has average views, but if it went away, I wouldn't be upset.

StockXpert may be the red headed step-child of Getty.  ;D



 

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