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Getty Images partners with Yahoo to monetize Flickr images
Getty Images, the worlds largest image licensing company, has announced that it has partnered with Yahoo-owned Flickr, one of the world’s largest photo sharing communities, allowing Getty to reach out to Flickr’s more than 27 million members to monetize their Flickr images. Getty plans to offer the images as part of a new Flickr branded collection of royalty free, rights ready and rights managed photographs. “This partnership is testimony to the Flickr community of photographers who have influenced the aesthetics of photography with authentic, creative and cutting-edge images which will now be available to Getty Images’ customers around the world,” said Kakul Srivastava, General Manager, Flickr.
“We are excited and proud to be partnering with Flickr to offer our customers even more choice for their projects. Our customers will be able to select and use the best imagery from a fresh collection of high-quality images chosen by us from Flickr’s diverse and prolific community,” said Jonathan Klein, co-founder and CEO of Getty Images. “Flickr is the ideal partner as we continue to move the imagery industry forward by offering the broadest range of high quality digital content to our customers.”
In an interesting twist to the story Allen Murabayashi, the CEO of PhotoShelter, has posted a reaction to the announcement stating that the “Getty/Flickr deal is bad for photographers...”
Web: www.gettyimages.com - www.flickr.com or visit Flickr’s Blog or FAQ’s
Posted in: Getty Images, News, Stock Art Buyers, Stock Photo Companies, Stock Photography 101
Comments(1)
post a comment »Nikhil Gangavane, July 10, 2008 [#]
I am happy about Getty’s move and more happy that I never ever thought of RM sites like Getty having a future soon. This is their last call which is going wrong. Images on flickr aren’t bad, creatively they are good, but qualitywise in technical aspects they aren’t. Buyers will misuse the opportunity in downloading a lot of pictures in the initial stage and many will later sue Getty for providing low quality images at RF or RM price. Whether they sue or not, Getty is going too loose their goodwill within buyers and contributors alike. Not to mention their current contributors whom this deal is gonna hit like a thunderbolt. These people have hurt RM contributors than any other industry or their contributers. Thank god, I never signed a contract I had recieved from their Indian subsidary to join them as a contributor. My advice to the RF industry is.. take this positively… this move is like - “the last distress call made by the Titanic”!! It will sink soon.