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Getty’s New Toys – Just Buy Animoto Already Will Ya Please?

Getty Images, the photo licensing giant turned “new media” company has recently unveiled two slick new tools to show they are not going to allow Animoto own the cool photo / slideshow world (at least not until Hellman & Friedman allows the acquisition switch to be turned back on).

The first tool is called 27 Letters and is a desktop widget that allows the users to “surf” around a visual experiece of the top photos, illustrations, and other visual media on the web.  If you’re bored, 27 Letters is not a bad time suck; then again, neither is staring at your screen saver.  The application is impressive, thoughtful, and contemporary, but in a somewhat self serving way as it’s purpose seems to be to have users create links to and share Getty content. Overall, the 27 letters app portrays the creativity and excution abilitiy of a solid, experienced dev team.  Hipness aside, it would be much better served as a web application rather than a desktop app. Surely the 27 Letters iPhone app will be released soon – or will they just buy Animoto along with it’s cool new iPhone app?  

Next on the Getty slick application list is one that’s also a heck of a lot like Animoto.  It’s called Punch-O-Matic and allows users to create cool slideshows put to music using photos from the PunchStock photo collection.  This one is a browser based app and the music is really killer, having been sourced from Getty’s high end stock music library Pump Audio.  The music is cool and the slideshows are even cooler.  Users can select from an array of transitions and music to create their own custom slide whows.  You can even overlay your own text, and the finished presentations can be shared and embedded.  Rhetorical question here – Why in the world would you want to create a slideshow with someone else’s stock photos and not your own photos?  It’s clear that this is just an experiment that will likely lead to the unveiling of Getty branded app that will allow users to include their own photos.

In the past, the highly acquisitive Getty would simply acquire Animoto, and they still may; however, to this day, it seems that Getty wants to show the world what their talented developers can do and just wait till Animoto has perfected it’s product before swooping in for the kill.  Either that, or their new private equity owners have placed an embargo on acquisitions for the time being.  Nevertheless, the two companies would make a perfect fit.

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Getty’s New Toys – Just Buy Animoto Already Will Ya Please?

  • Please do not support this model of licensing music…they are trying to implement a %35 to %65 split…it should never be ANY LOWER THAN 50/50 in music licensing…

    View this as a web page
    Dear Pump Audio Artist,
    We would like to thank you for your music and congratulate
    you on being part of one of the fastest growing music
    licensing companies in the world. Since the acquisition of
    Pump Audio by Getty Images, we continue to hear praises
    from a wide expansion of our clients on the depth and quality
    of our catalog and that is a testament to you.
    As we plan for the future growth of our offering to the global
    music licensing client base, we have determined that to fully
    support the 400+ person Getty Images sales staff and invest
    in marketing and technology needs that we must make
    adjustments to the current revenue split system. By making
    these changes, we intend to accelerate the pace of our
    growth and achieve our goal of becoming the largest music
    licensor in the world.
    The new model will be as following:
    1) Licensing fees will now be 35% to the artist, 65% to Pump
    Audio/Getty Images
    2) This change will take place as of July 1, 2009. Any
    royalties payable through June 30, 2009 will not be affected
    by this change
    3) Performance royalty splits will remain at 50% of the
    publisher?s share
    4) Those that don?t accept the new split will have their music
    removed from the system no later than December 31, 2009.
    5) The rights you granted to us in the original contract do not
    change
    If you have any questions, please email
    artistrelations@pumpaudio.com.
    Please sign the enclosed amendment and send back to:
    Artist Relations
    artistrelations@pumpaudio.com
    Fax #: 845-757-5556
    Mailing Address:
    Pump Audio
    Artist Relations
    PO Box 458
    Tivoli, NY 12583
    artistrelations@pumpaudio.com
    Music License Amendment
    If you no longer wish to receive email from your account executive, or would like to unsubscribe from our mailing list, please click here.

    sheexists   Says:
    May 10, 2009  11:01 am

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