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In another turn and twist of the stock industry, Getty has just announced the end of its deal with Flickr. Apparently Flickr and G could not come to terms, so its being converted into a G collection called "moments". Not seen any further details though.

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Does this make me timid or smart for not joining? Or does it just point out that I'm too slow-moving to make use of opportunities.  :unsure:

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Ah, the twists annd turns of the stock business... offering new and imaginitive ways for photographers to make very little money... :unsure:

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voted with my feet years ago. On so many levels, why would you deal with these people in any way? Wouldn't cross the road...you know the rest of the fine graphic expression.

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Joined it for one and half year. Enough time to realize that I was giving my images aways for small nuts only. Glad I left it!

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Ed,

 

Or it makes us old enough and smart enough not to jump into things....

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Really glad I never joined Getty.

 

I am sure they will be getting a lot less people joining up now.

 

L

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While I did well on G with a high RPI, I also quit 18 months ago and never looked back.  Seems like Flickr has come to its senses (which wouldn't take much I know!)

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Getty, Alamy, Flikr etcetc.

 

What the topics should really be is are these all failed business models from a contributor perspective?

 

I feel sorry for anyone who has spent a huge amount of time amassing a huge amount of images on just about anywhere at the moment.

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In another turn and twist of the stock industry, Getty has just announced the end of its deal with Flickr. Apparently Flickr and G could not come to terms, so its being converted into a G collection called "moments". Not seen any further details though.

Edited by Chris E

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In another turn and twist of the stock industry, Getty has just announced the end of its deal with Flickr. Apparently Flickr and G could not come to terms, so its being converted into a G collection called "moments". Not seen any further details though.

 

This puts them all in with Getty's new iphone collection Moment. I haven't checked to see if it's live yet.

 

The Moment app available to download . I don't know if that's for everybody we were invited a few weeks ago as GI contributor.

 

Nice to see Alamy roll it out first....

 

Cheers

 

Chris E

 

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Getty, Alamy, Flikr etcetc.

 

What the topics should really be is are these all failed business models from a contributor perspective?

 

I feel sorry for anyone who has spent a huge amount of time amassing a huge amount of images on just about anywhere at the moment.

 

Unfortunately the only business models that can be said to be working for contributors are elitist ones: some collections will only take on practising commercial togs, photojournalists with a track record, practising artists, practising specialist photographers - and still reject many, or are effectively closed to newcomers (like Stone).  Both Alamy and Getty/Flickr are/were taking the risk of being open to everyone, and in the case of Alamy, everything.  

 

If contribs freely choose to take vast quantities of goods to market that nobody wants, then they can hardly blame the market owners for their own failure.

 

RB 

Edited by Robert Brook
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Never took the bait when I got the invite from Getty through Flickr.
They're a bunch of thieves.

Good for Flickr (assuming that they are the ones to "not be able to come to terms").

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According to Jim Pickerell, Getty has sustained losses for the last 5 quarters.

 

Getty used to do $850 million per year, but Shutterstock entered the microstock marketplace with low prices and now sells about $500 million per year. Shutterstock did this by grabbing microstock market share from other libraries such as Getty. This has to have hurt Getty's istockphoto division. In addition Getty is controlled by merchant bankers, who may be putting Getty under pressure to show a turnaround.

 

In tough times Getty may not have the funds available to make a deal with Flickr

 

Maybe Corbus, with the financial reserves of Bill Gates, will make a deal with Flickr. Maybe Shutterstock?

 

Yahoo owns Flickr and has a new CEO who would be looking to monetize Flickr. Maybe Flickr may turn itself into a stock photo library.

 

Maybe Maybe

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