Bill Gates and Micro...stock?

More than one person was kind enough to alert me to an interesting article about microstock and Corbis and their soon to be new CEO. In today’s New York Times article by Katie Hafner, A Photo Trove, a Mounting Challenge, there are a few interesting excerpts:

What Corbis did not foresee was the rise of so-called microstock agencies like Fotolia and iStockPhoto. These sites take advantage of the phenomenon known as crowdsourcing, or turning to the online masses for free or low-cost submissions.

True. Corbis was somewhat blindsided by this, but it was Getty who’s acquisition of iStockPhoto gave the model credence. You can slap a dress and some lipstick on a sow, but a pig’s a pig, regardless of the shade of lip gloss.

(Continue reading on Black Star Rising)

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