StockPhotoTalk | Special Interest Blog

A few words on 4k (with the new 4KHUb, the latest subsidiary of FL-based ProductionHub which covered also the Adobe Plugin in 2012 during IBC) and a few more words on 4k (during BVE 2014 with David from TVBEurope).

... they never do it alone.

(source)

BJP:

You're now talking about taking the company into the next phase of development and growth. What is that phase?

Jonathan Klein:

The main thing around that is: more international. We're going to be investing more in Asia/Pacific, Middle East and Latin America.

The second part is to grow our ThinkStock subscription business more aggressively.

And thirdly, our editorial imagery business is really strong and we will be more aggressive in expanding that in particular internationally. We're obviously really strong in the UK and in the US, but not so internationally.

We also have some new product, in particular Connect (an API service), which has about 100 customers so far, but we only launched it a few months ago. We're thinking about being more aggressive in selling Connect through our sales force.

(Olivier Laurent/BJP, Interview with JDK)

[The news below from yesterday, Aug. 14, are already old. The deal is nearly done, announced today as partnership and expected to be closed by the end of this year]

[More on Bloomberg / Reuters / FT (best)]

Guys, Ferragosto is a tough time for deals like this one:

• Carlyle in Lead to Acquire Getty Images
  (Bloomberg TV + long article here)
  00:49: "there were some providers of lower quality images"

• Carlyle Tops Bids for Getty Images
  (WSJ)

• Carlyle nears deal to acquire Getty Images - sources
  (The Gurdian)

• Carlyle Is Leading Bidder for Getty Images
  (NASDAQ)

The usual suspects:

• H&F presses on with $4 billion Getty Images sale: sources
  (Terra USA)

• Getty Images Auction Draws Initial Bids of Around $4 Billion
  (WSJ + comments)

5:08 in the Yotola video. Aha.

This week it sounds:

"Hellman & Friedman, the private-equity fund owner of Getty Images, is working with Goldman Sachs (GS) and JP Morgan (JPM) to examine a possible sale or IPO of the business which was taken private four years ago, the Financial Times reports.

Five people familiar with the plans say a sale or public offering could value the business at up to $4B. Getty may draw takeover interest from private equity funds, potentially KKR (KKR), one person says."

Full story.

Well, we had Gary Shenk earlier here talking about the music licensing business & The Next Big Thing, JDK explaining crowdsourcing, how Getty had been in crowdsourcing since 2006 & A Brief History of Time to us  - turning to the other side, to the artists and the real world, Martin Ellerbeck and Jake Hellbach unveil some secrets about getting into stock footage & about the sound of nobody calling you.

Mirrored content from Jim Pickerell. Hard to resist.
You will need to turn your device upside down to see the modification.

(no information though if all browsers/Fb/Tw will display the reversed headline properly)
(waiting for comments like: ",,¡op ʎǝɥʇ 'oɹǝɥ noʎ 'sǝʎ,,")

In the previous video with Gary Shenk it was explained to us that the market for music licensing is around $800 million, but that "the potential is really double that", which CNBC translated to a $1,5 billion market and being the Next Big Thing (for this math alone, please Occupy Wall Street again).

Here, from TC-TV at SXSW, we have Jonathan Klein saying at 2:10 that Getty Images is doing "crowdsourcing since 2006". -The broader picture here.

Again, there are so many news from other companies I see and note and follow, I just lack the time to follow them here.

Strong assumptions at 1:10, again. But the data are more reliable.

More on GreenLight Music over here* and on GeekWire.

(*Sorry, I just lack the time to publish all press releases I receive there)

(ad from german company Siemens at the beginning, so don´t turn off immediately)

• Facebook Files for an I.P.O. (NYT)

• Facebook IPO Filing, by the Numbers (WSJ)

• Facebook Files For $5 Billion IPO (TC)

• Getty Images Music Launches GUESTLIST At Midem:
  "The company currently licenses more than 200,000 tracks per year across film, television, movie trailers, commercials and multimedia projects globally."
  Press release ⎪ Getty Images Music ⎪ midem.

Baseline (and a view what happens outside of this picture business):

• Revenues from ads only:
  • $3.8bn (est.)
• Offering:
  • $10bn
• Valuation:
  • $75bn - $100bn

Source: WSJ, Facebook Readies IPO Filing

Related (from Bloomberg):

• Facebook 2010 Sales Said Likely to Reach $2 Billion (Dec.16, 2010)
• Facebook Revenue Will Reach $4.27 Billion, EMarketer Says (Sept. 20, 2011)