Listen to CEO Jonathan Klein's comments on his financial quarterly conference call last April. At the end of the call he was asked what he thought of the subscription photo image business. His response included the word "crap." His comments could only be interpreted to mean that any subscription offering in the commercial image space was "crap."

Yesterday CEO Klein plunked down $50 million for a subscription photo image business that contains photos shot by amateurs. Quite a turnaround by Mr. Klein! I presume that $50 million means that "crap" sells?