Wednesday, August 24, 2011

AP, Corbis team up in bid to profit from stock photos

The Associated Press and Corbis Images are teaming up in an attempt to make more money from a stockpile of photography that includes some of the world's most famous photos.The partnership, announced Tuesday, calls for the AP and Corbis Images to begin posting each other's photos in their online galleries beginning in early October. The websites, http://www.apimages.com and http://www.corbisimages.com, license the photos to be used by magazines, books, websites, advertisers and a variety of other buyers.Financial details of the arrangement between the AP and Corbis weren't disclosed. The agreement covers more than 10 million digital photos, with the AP and Corbis supplying about 5 million each.

No comments:

Blog Archive