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Author Topic: Visual China Group Acquires 500px  (Read 7716 times)

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« on: February 26, 2018, 09:59 »
+2
Whoomp, there it is.

newbielink:https://www.newswire.ca/news-releases/visual-china-group-acquires-500px-675151443.html [nonactive]


Me


« Reply #1 on: February 26, 2018, 10:27 »
0
Already had the "exciting news" email from 500PX

« Reply #2 on: February 26, 2018, 11:20 »
+7

https://petapixel.com/2018/02/26/500px-acquired-vcg-getty-images-china/

They announced more community-centric features I couldn't care less about:

- Better statistics to improve and understand the reach and impact of your photos;
- Top charts and badges that will help expand your exposure and reward your achievements;
- Private messaging to support meaningful communication between members;
- Sub-communities that allow photographers to connect around shared interests, styles, and locations


The number of sales and the dollar amount are the only statistics that matter.
And Badges? Lol!

I'm only interested about this announcement:
If youre selling photos with us, youll be excited to hear that we will be announcing new partnerships that will give your photos an even greater reach, and new markets in which to sell.
« Last Edit: February 26, 2018, 11:41 by Zero Talent »

dpimborough

« Reply #3 on: February 26, 2018, 11:37 »
+6
More exciting BS

« Reply #4 on: February 26, 2018, 12:11 »
+3
What about sales?

Never had a sale on 500px. Even tiny places like 2020 sell nearly every week.

Exposure doesnt pay the bills.

PZF

« Reply #5 on: February 26, 2018, 12:24 »
+1
More badges! YIPPEE!!!!! ( I joke!).
But if they have bought 100% of shares - they now own the whole setup???????

« Reply #6 on: February 26, 2018, 13:51 »
+1
This was a fire sale. Rumor has it that they were sold for only $17 milllion (They raised $22.3 million total).

They company didn't seem to be doing well otherwise they wouldn't have sold for such a meager price.

« Reply #7 on: February 26, 2018, 15:05 »
+4
Hope thompson sees this not worrying about his hide since money doesnt make him happy.
« Last Edit: February 26, 2018, 15:07 by Mantis »

« Reply #8 on: February 26, 2018, 17:43 »
+1
What about sales?

Never had a sale on 500px. Even tiny places like 2020 sell nearly every week.

Exposure doesnt pay the bills.

3.2% of my 2017 revenue came from 500px. That's ahead of DT, DP and FAA.
The batch received last week, covering about 2 months, is also better than what I got in two months from DP, DT FAA or Alamy and more or less the same level as 123RF.
« Last Edit: February 26, 2018, 17:48 by Zero Talent »

« Reply #9 on: February 26, 2018, 18:38 »
0
oh.. I jumped out few weeks ago, although that "eeexciting" announcement..

« Reply #10 on: February 26, 2018, 19:22 »
0
I only made a few sales while on the site. Closed my account after they raised their rate for publishers.

PaulieWalnuts

  • We Have Exciting News For You
« Reply #11 on: February 26, 2018, 21:53 »
+3
Kelly Thompson's rollin in the money

« Reply #12 on: February 26, 2018, 23:36 »
0
What is the connection between China Visual Group and GettyImages?

dpimborough

« Reply #13 on: February 27, 2018, 03:09 »
+4
What is the connection between China Visual Group and GettyImages?

When Corbis/Veer were sold out to VCG, Getty were in cahoots and got access to license all images listed on Corbis outside of China.

Jonathon Klein boasted that he got the milk cream and yoghurt without having to buy the cow

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #14 on: February 27, 2018, 09:58 »
+2
More exciting BS

Didn't they just add partners with VCG a couple years back? 16 people report the same earnings as BigStock how's that for related earning numbers? No I never applied at 500px, I never saw any hope at 30% of nothing for non-exclusive licenses. Awesome and exciting community... not interested.

« Reply #15 on: February 27, 2018, 10:10 »
+8
At this point in history, I'm not handing my intellectual property to a Chinese company.

H2O

« Reply #16 on: February 27, 2018, 10:22 »
+4
At this point in history, I'm not handing my intellectual property to a Chinese company.

Good point, the Chinese copy everything and have no idea, or want to know about copyright.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #17 on: February 28, 2018, 09:47 »
+4
At this point in history, I'm not handing my intellectual property to a Chinese company.

But this could be the next big thing. I just wanted to say that before someone else does. Otherwise, good point, I agree, not sending anything to 500px before and for sure not now.  ;)

« Reply #18 on: April 07, 2018, 13:35 »
0
good job . keep it up

Ahhh the studio rental guy (or gal). 

« Reply #19 on: April 07, 2018, 17:05 »
0
Every time Chinese investors acquire hotel chain or photo sharing website I immediately cancel my membership...

namussi

« Reply #20 on: April 07, 2018, 17:13 »
+1
Every time Chinese investors acquire hotel chain or photo sharing website I immediately cancel my membership...

How childish.


 

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