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Weekly News Digest
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August 7, 2006 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.
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Getty Images Announces “Rights-Ready” Licensing Model
Getty Images, Inc. announced the upcoming launch of rights-ready licensing, which enables customers in the creative, corporate, and publishing arenas to obtain high quality still imagery through a simplified pricing and usage structure. It will be available in late August exclusively at http://www.gettyimages.com. The new model complements the company's existing rights-managed, royalty-free, and subscription models and the micropayment model of its subsidiary, iStockphoto.Under the rights-ready model, duration and territory rights are unlimited and use parameters are broadly defined, so customers can avoid relicensing for creative campaigns that have the potential to evolve over time. Further streamlining the process, eight fixed price points are designated according to basic commercial, internal company, and editorial use categories at levels comparable to corresponding rights-managed single use categories. While the model does not grant image exclusivity, a total image buyout can be negotiated. The rights-ready image collection, aka Riser, will feature approximately 80,000 high-quality images at launch, with concepts spanning lifestyle, business, travel, sport, and wildlife content categories. To ensure the collection stays relevant to customer needs, Getty Images will continue to expand the Riser collection, adding hundreds of new images each month. Source: Getty Images, Inc.
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Brandi Scardilli
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