tag:blogger.com,1999:blog-7553278593406733377.post3535587220120174569..comments2024-03-20T00:37:30.189-04:00Comments on Photo Business News & Forum: Enter The Efficiency ExpertsJohn Harringtonhttp://www.blogger.com/profile/16941161605443479300noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7553278593406733377.post-855486654505242902009-08-23T11:44:42.105-04:002009-08-23T11:44:42.105-04:00Finally, the buyers of GYI (H&F) have realized...Finally, the buyers of GYI (H&F) have realized that not only did they purchase 2.1 billion dollars worth of images on a server but they bought a company that has way too much overhead (editorially speaking) and not much return to show for it. <br /><br />I can see it now, some Harvard Businenss grad who works at Bain at the Teen Choice awards ( after getting excited after having Britney walk past him) scratching his head saying, " wait, there are 3 brands at the same event, times about 8 photographers shooting THE SAME THING and 10 editors trying to beat each other over the head looking over their shoulder at AP! <br /><br />I can't wait until they see the money wasted at both NY Fashion Week and Toronto Film Festival. This time next year, the staff gets cut by half. I guarantee it. Wire Image is the only valuable asset for editorial at Getty. The rest of it is just a waste of time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-30761803306739083902009-08-17T11:42:44.310-04:002009-08-17T11:42:44.310-04:00The first thing that came to mind after reading th...The first thing that came to mind after reading this was the image of "the Bobs" from the movie <i>Office Space</i>.Andyhttp://www.yellowwood.usnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-37455664542222457002009-08-17T11:05:41.442-04:002009-08-17T11:05:41.442-04:00Well, if they force Getty to shoot images like the...Well, if they force Getty to shoot images like they feature on their own website, then Getty surely is in trouble.<br />What a boring ass site!!!!<br /><br />Media experts huh????......Alexhttp://www.instinctfilms.comnoreply@blogger.comtag:blogger.com,1999:blog-7553278593406733377.post-12553845535824532962009-08-17T11:03:25.076-04:002009-08-17T11:03:25.076-04:00John: Thanks for the heads up on this one. It wi...John: Thanks for the heads up on this one. It will be interesting to see which division are slashed, chopped or sold. One thing to look forward for is the fact that Bain is very savvy as to IP and policing IP. If Getty has been slow on the uptake to assert infringement suits in the past, look for that activity to increase. Its their common MO in many acquisitions and consults.Florida Midgethttps://www.blogger.com/profile/03192146973075199837noreply@blogger.com