Corbis terminated the agreement in 2006, days after receiving key software designs from Infoflows.
See how the companies stack up against each other, Getty Images Inc. vs Corbis Inc.
Corbis recently got into the agency game too, picking up Sygma, Saba and the Stock Market.
Corbis owns some of the most indelible images ever captured: Wilbur watching Orville's first takeoff.
The client was ready to walk away, but Corbis' crafty rights negotiators suggested cropping out Armstrong altogether.
Finally, after 14 years of losing money, Corbis is getting down to business.
Now they can download one off Getty's or Corbis' Web sites in minutes.
The one thing standing in Corbis' way is its crosstown rival, Getty Images.
Corbis, by contrast, focuses primarily on print media and consumer markets--real people and historic events, rather than conceptual stock photos.
Corbis' rights services revenue, in the "multiple seven figures, " grew 100% in 2003 and will rise an additional 50% in 2004.
The rest comes from photojournalism and historical shots by way of the Hulton Getty archive, whose licensing rights are held by Corbis.
Corbis, too, has built an extensive web infrastructure, spending millions of dollars to preserve and digitize its aging images--and to secure future revenues.
Corbis wants to wrap lots of services around library photos, especially the potentially lucrative task of clearing rights to the pictures and footage.
Few people outside the photo world know Corbis as anything more than a hobby or an artsy sideline for the world's richest man.
Instead of charging a fixed transaction fee for clearing the rights, Corbis tries to buy low and sell high, capturing the spread as revenue.
The entire Corbis board was present, says Stone, along with executive team members like former and current Corbis Chief Executives Steve Davis and Gary Shenk.
Corbis first entered into an agreement with Infoflows around 2005, feeding information it gleaned from that relationship to an outside patent counsel, according to court documents.
Yes, that now includes Amazon.com and Corbis, the vast painting and photography collection owned by Bill Gates, as well as the usual suspects, such as Hallmark.
According to Stone, before going to court in January 2007 he first complained about Corbis' behavior to Gates himself--in Bill Gates' office at Microsoft headquarters in February 2006.
Yes, that now includes Amazon.com and Corbis, the vast painting and photography collection owned by Bill Gates, as well as the usual suspects like Hallmark and American Greetings.
Last year for a Trivial Pursuit ad, Corbis had to find Tonya Harding in a trailer park in rural Washington to clear rights to her old skating footage.
The state of images and illustration is so dire that even the images on Getty or Corbis look incredible compared the swamp that is overflowing in our daily lives.
The content of the February 2006 meeting between Infoflows and Corbis has since been sealed by the courts, says Stone, but jurors saw the information before making their ruling.
Both Gates and Davis deny any imminent plans for an initial offering, but in September Corbis raided newspaper publisher Knight Ridder to get Susan McDonald as chief financial officer.
Running circles around Bill Gates' rival image house Corbis.
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