Footage.net Newswire

Edited by: John Flewin
Friday March 24, 2023

News and Information for the Stock and Archival Footage Industry


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ECONOMIC HEADWINDS HIT GETTY REVENUES

Mar 14, 2023
Industry giant Getty Images reported a drop in revenues in the last quarter of 2022 saying it continues to see economic headwinds and foreign exchange effects. The the company recorded a loss of $22.9 million in the quarter, compared with a profit of $22.7 million for the same period a year earlier. Revenue declined 3.2 percent to $231.5 million on the back of foreign exchange pressures, Getty Images said income from creative licensing declined nearly seven percent while editorial licensing increased by over three percent. For the whole of 2022 revenues of $926.2 million showed a slight upturn.

SCREENOCEAN DIGITIZES REUTERS' HOLLYWOOD GLAMOUR

Feb 14, 2023 : Feb 14, 2023
Working alongside staff at the Reuters Los Angeles bureau, UK-based footage house Screenocean has completed the second phase of an extensive digitisation and cataloguing project providing access to a full range of unique clips showcasing the glitzy celeb world of Hollywood. Thousands of master tapes have been digitised, expanding the collection first undertaken in 2020. The project follows in the footsteps of the success of the Reuters South Africa collection.

FOCAL 2022 LIFETIME AWARD WINNER ANNOUNCED

MAY 19, 2022
The FOCAL International Lifetime Achievement Award for 2022, gifted by the trade organisation’s International executive board, to Bríd Dooley, Head of Archives and Library Services at Irish national public service broadcaster RTÉ. A veteran of the archives of UK news broadcaster ITN and UK breakfast programme maker GMT, she was appointed to lead RTÉ’s television archive project of 2000, before being appointed as Head of Archives and Library services in 2003. She was General Secretary of FIAT/IFTA from 2002-2012. Bríd Dooley will receive her award at the 2022 FOCAL Awards Gala Ceremony in London next month.

ECONOMIC HEADWINDS HIT GETTY REVENUES

Mar 14, 2023
Industry giant Getty Images reported a drop in revenues in the last quarter of 2022 saying it continues to see economic headwinds and foreign exchange effects. The the company recorded a loss of $22.9 million in the quarter, compared with a profit of $22.7 million for the same period a year earlier. Revenue declined 3.2 percent to $231.5 million on the back of foreign exchange pressures, Getty Images said income from creative licensing declined nearly seven percent while editorial licensing increased by over three percent. For the whole of 2022 revenues of $926.2 million showed a slight upturn.

BRIDGEMAN PARTNERS WITH ITALIAN TRAVEL ARCHIVE

Feb 10, 2023
The UK’s Bridgeman Images has a new partnership with the Italian-based historical travel archive, 4K Historical Footage. Owned and operated by Filippo Carlot, the collection specialises in preserving and licensing locations filmed throughout the decades, offering all materials at 4K quality.

SHUTTERSTOCK REVENUES GROW

Feb 9, 2023
The latest financial results from Shutterstock show last year’s income at $827.8 million showed a seven percentage increase over the previous year and forecasts further growth in 2023. A royalty-free house, Shutterstock markets photographs, vectors, illustrations, 3D models, videos and music. It claims 45 million video clips in its offering.

FOCAL AWARDS ENTRIES DUE TO CLOSE

Feb 1, 2023
The closing dates for entries for this year’s FOCAL Awards is fast approaching.

IMG RENEWS RUGBY DEAL

Nov 25, 2022
World Rugby and IMG have extended their exclusive partnership to manage and license the video archive for the international federation’s flagship competitions until 2024.  The agreement will include all archive footage from both past and upcoming tournaments, including the men’s and women’s Rugby World Cups, the HSBC World Rugby Sevens Series, Rugby World Cup Sevens and the men’s World Rugby U20’s Championship. In total, more than 3,600 hours of World Rugby content is currently available on IMG’s digital archive platform.

BBC & GETTY SIGN FOR ANOTHER FIVE YEARS

Nov 23, 2022
The BBC, through its commercial arm BBC Studios, and Getty Images have renewed their partnership to commercially exploit BBC video imagery. The five‑year deal sees Getty Images continue in its role as the exclusive global distribution partner of BBC Motion Gallery, the global content organisation's film and video clip sales business.

BFI PRESERVES NETFLIX MATERIAL

Nov 10, 2022
Netflix, which has an annual UK production budget of $1bn, has become the first streamer to have its series and films preserved in the national archive collection of the BFI (British Film Institute). Twenty-six productions reflecting the diverse communities of contemporary Britain are being digitally preserved in the archive. Netflix is marking its tenth anniversary of UK operations.

SHUTTERSTOCK TEAMS WITH FILMPAC & INCREASES REVENUES

Nov 3, 2022
Shutterstock has a new a tie-up with Eugene, Oregan, based FILMPAC, a specialist stock footage and music boutique company that offers 100,000 video assets across 15 curated collections. The new material is being absorbed in Shutterstock and Pond5’s on-line offerings that now boasts 27 million videos. Reporting third quarter earnings, Shutterstock highlighted a revenue increase of 5% to $204.1 million.

ROW IN UK OVER QUEEN ELIZABETH COMMEMORATION FOOTAGE

Sep 27, 2022
The UK’s Guardian newspaper reports that the country’s tv channels are in a battle with the monarchy over who controls the historic record of Queen Elizabeth II’s commemorations. Buckingham Palace has reportedly insisted broadcasters could only retain an hour of footage for future use. The BBC, ITV and Sky News have been given a deadline to produce a 60-minute compilation of clips they would like to keep from ceremonial events held across the 10 days of mourning for the Queen. The newspaper says the royal household will then consider whether to veto any proposed inclusions. The vast majority of other footage from ceremonial events will then be taken out of circulation.

EARLY SUBMISSIONS OFFER FOR FOCAL AWARDS 2023

Sep 25, 2022
Industry body FOCAL International has opened its submissions process for Production and Researcher of the Year categories for its 2023 International Awards. The Awards celebrate the best use of archival footage across the creative industries, from advertisements and short productions to cinematic features. Submissions for the Restoration and Preservation, Footage Company and Footage Person of the Year categories will all open shortly. Early Bird entries submitted before December 16 are offered a 10% reduction on entry fees.

GLOBAL OFFERS NEWLY DIGITIZED HOLLYWOOD IN 4K

Sep 20, 2022
Global Image Works has newly transferred a 16mm vintage Hollywood and Los Angeles collection to 4K. The archive includes early movie premieres, film stars, and the glitz and glam of the early days of Hollywood. Highlights include shots of the original Brown Derby, Sardi’s, movie studio lots, and other famous Hollywood institutions. Also digitized to 4K is a collection of home movies from the acclaimed actress Rose Marie, best known for her role on the Dick Van Dyke show.

CANAL+ ENTERS DIGITIZATION AGREEMENT

Sep 18, 2022
Iron Mountain Entertainment Services has developed a new partnership with the French content producer and broadcaster Canal+ Group to digitize up to 110,000 hours of its tape archive, transforming the imagery into digital content for streaming platforms. The holding is contained in approximately 500,000 tapes.

PBS NEWSHOUR JOINS FOOTAGE.NET

Sep 9, 2022
Footage.net has announced that the PBS NewsHour has joined its platform as a Zap Request partner. The ZAP service allows footage customers to send footage requests to over 50 of the world’s top footage providers simultaneously, providing Zap Request partners with a steady stream of new footage licensing opportunities. www.footage.net

GETTY’S FIRST REVENUE STATS SINCE RE-ENTERING PUBLIC SECTOR

Aug 15, 2022
With Getty Images back in the public sector after the successful completion of its business combination last month with CC Neuberger, financial details are back in the public domain via stock reporting requirements. It reports second quarter revenues at $233.3 million, an increase of 4.1% year on year. Creative content revenue decreased by one percent to $146.7m, while editorial sector upped 15 percent to $82.9m. Annual subscriptions income also showed an increase.The number of video clips on offer increased over the last year from 18m to 22m, and video customer activity amounted to 12.2 percent of overall.

FOCAL FOOTAGE COMPANY OF THE YEAR SHORTLIST ANNOUNCED

MAY 24, 2022
Trade association FOCAL International has named four shortlisted footage houses vying for its annual Footage Company of the Year award. They are Frame Dealer, a French company offering pre-existing footage and tailor-made shoots; LOLA Clips, based in London and Los Angeles and representing 25 major collections; R3store, a London-based licensing and restoration house; and the Yorkshire and North East Film Archives that finds, preserves and provides public access to moving images made in or about Yorkshire and North East England. The award category is sponsored by Footage.net.

HISTORIC BRINGS THE IRA GALLEN COLLECTION TO THE MARKET

May 18, 2022
Historic Films has embarked on a multi year project to catalogue, archive, scan and make available many hours from the Ira Gallen collection. From 1972, Ira resurrected and preserved tens of thousands of vintage television commercials, children's tv shows, Hollywood outtakes and one-of-a-kind television programs. For 25 years he utilised his collection hosting the pioneering New York City public access program Biograph Days, Biograph Nights.

SCREENOCEAN LAUNCHES EDU SERVICE

April 7, 2022
UK-based footage house ScreenOcean has launched a new service, Newsfilm for Education, that gives academic institutions access to raw video coverage of international news and over 1m clips from the Reuters News Archive, which it represents commercially. Screenocean says the service allows for footage that is part of a production to be shared non-commercially online, at exhibitions, events and festivals in order to promote the work of students. Screenocean recently extended its Reuters representation deal by five years.

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