tag:blogger.com,1999:blog-7553278593406733377.post8596271200277380200..comments2024-03-20T00:37:30.189-04:00Comments on Photo Business News & Forum: Getty Images - A New Beginning?John Harringtonhttp://www.blogger.com/profile/16941161605443479300noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7553278593406733377.post-81419350855468743252008-02-29T14:16:00.000-05:002008-02-29T14:16:00.000-05:00What you're missing from the equation is this...ju...What you're missing from the equation is this...just because Getty isn't public anymore, doesn't mean the greed is gone from the highest level. Taking it private is a ploy to make them more money and escape the scrutiny... in two years, after they decimate the various markets they are in by continuing to drive the prices down, they will go public again...they can't stand not being dominate and the pompous asses in Seattle are not going to change their ways...and the only thing they love is money and more of it...the biz will actually only get worse with no accountability...there are no plans to grow the business...just to squash the competition and let them all hail the might Getty with no one to answer to and a business model that sucks ass!!!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-76153970348953336752008-02-27T05:19:00.000-05:002008-02-27T05:19:00.000-05:00For all photo agencies , Getty Images price loweri...For all photo agencies , Getty Images price lowering over the recent years has magazines, newspapers and alike are paying the same prices - or a lot less - for images than they were doing 15 years ago. Also we have had to point out to P.R.s here that when they restrict photo access to events - Getty,Filmmagic, Wireimage - and even AFP these days - are the same company with different names. I do expect the new owners will 'rationalise' this situation but I am aware other agencies are also covering events with agency names that often turn out to be the same companyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-7361387617199514762008-02-27T00:14:00.000-05:002008-02-27T00:14:00.000-05:00Every time a Getty or Wireimage photographer comes...Every time a Getty or Wireimage photographer comes to an event I cover I have to laugh in their faces. These hacks have totally missed the boat as far as doing justice to our business. They have no clue how mistreated they are with this income model.<BR/><BR/>They just want to be a part of the event so badly that they are willing to sell their souls and give away images just to be able to wait in the rain to see these celebrities.<BR/><BR/>I want to vomit on all the pukes that have anything to do with Wireimage.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-16998919447374866722008-02-26T10:06:00.000-05:002008-02-26T10:06:00.000-05:00Walter --Yes, fixed the typo, but the math remains...Walter --<BR/><BR/>Yes, fixed the typo, but the math remains. Clearly, it's not too high a price, or H&F wouldn't have paid it!<BR/><BR/>JohnJohn Harringtonhttps://www.blogger.com/profile/16941161605443479300noreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-22691470788922367502008-02-26T09:40:00.000-05:002008-02-26T09:40:00.000-05:00Your last paragraph says $7.4B, but the sale was f...Your last paragraph says $7.4B, but the sale was for $2.4B. Is that a typo?<BR/><BR/>Also, the market cap for GYI was at $1.6B just three weeks ago. Yesterday it was $1.89B. Is $2.4B too high a price? That is 50% over its market cap from three weeks ago.Anonymousnoreply@blogger.com