Subscriptions And Images
It was interesting to listen to the Getty Images financial conference call yesterday. CEO Jonathan Klein emphasized quite a few initiatives in his 30 minute plus "monologue" about Getty's future direction.
Subscriptions and the use of images on the Web were strongly endorsed. Of course this is good news for Jupitermedia because it is an endorsement of our theories and emphasis for several years. So I congratulate Jonathan for joining the bandwagon.
We have our own new initiatives coming to continue our postion as the leader in the business of selling subscriptions for images and other digital content. And of course we have long advocated that images for the Web is where the future growth of the image industry is headed.
Another emphasis was music. Getty has followed Jupitermedia into the music side of things. Our endeavors here are very different from Getty's. Jonathan mentioned that music is very fragmented. I doubt anyone can consolidate the fragmentation, but one can certainly become a force in a number of the "fragments." I cannot guarantee it but I believe we are already the leader in the area of royalty free music online.
Next week we present our numbers. I will have more comments at that time.
Jupitermedia CEO Alan Meckler
Leave a comment