Visitors Now:
Total Visits:
Total Stories:
Profile image
By The Intangible economy (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

The market in copyrighted images

Thursday, August 16, 2012 12:10
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Excited about billion dollar patent sales? How about a copyright valuation at $3.3 billion? That is what the Carlyle Group is paying to buy Getty Image. And just what are they buying? As the AP story puts it, Getty Images “creates and distributes still images, video and multimedia products for customers to use in brochures, websites and other outlets.” In other words, copyrights.

Interestingly, this is not a pure IP play, however. Getty is not just a holding company of images. They are an operating company that Reuters report on the deal noted that Getty “for the first time shot images at the Summer Olympic Games in London in 3-D and 360-degree formats using robotic cameras” and have “adapted to a shift in the media industry to online from print.”

So that $3.3 billion is based not just for the existing portfolio but on the ability of the company to continue to update and rejuvenate the portfolio and continue to keep it relevant to today’s market. That is something that analysts of patent portfolios should keep in mind as well.



Source:

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.