Photoshelter Collection Closing

Friday, September 12, 2008 8:31

News in this morning is that the stock photography marketplace, Photoshelter Collection is closing down. Here’s the official statement.

Today, we regret to announce our plans to close The PhotoShelter Collection, our stock photography marketplace, effective October 10, 2008.

Going forward, PhotoShelter will focus our energy and resources on enhancing the PhotoShelter Personal Archive our original product that today provides thousands of photographers worldwide with bulletproof backup storage and robust ecommerce capabilities for managing image sales online. We will continue our commitment to developing new ways to use technology to advance the art and business of photography.

Just one year ago, we started the PhotoShelter Collection with a mission to change the image marketplace for good. Our objective was to provide an unprecedented selection of fresh, diverse, and authentic imagery culled from a global community of thousands of photographers, while bucking industry standards by treating our contributing artists fairly. Rather quickly, we built a unique position in the industry, fueled by integrity and a true passion for photography.

The PhotoShelter Collection became a haven where photographers could find a better deal based on our 70/30 revenue split, and access to professional insights directly from world class image buyers. Buyers welcomed the Collection as a much needed alternative - whether they liked the access to content never before seen, or simply because they appreciated our approach to better treatment for photographers.

Our unique approach, however, was insufficient to change buyer behavior on a grand scale and generate revenues quickly enough to satisfy our goals for this product line. Hence, our decision is to close the Collection.

We want to express our deepest gratitude to our contributors and buyers - for your participation and support of our company, our community, and our mission. It has been an honor and a pleasure to work with you.

As for the future of PhotoShelter, our team will refocus heavily on supporting our original product, the PhotoShelter Personal Archive. We’ll continue adding new features that help individual photographers use our technology to market and sell images directly to their own clients. We’ll also be hard at work developing new innovations that make best use of our industry knowledge and world class technology team. Our financial position remains solid and we look forward to working with the photography community for years to come.

More details can be found in a personal statement on CEO Allen Murabayashi’s blog “A Picture’s Worth” and FAQs posted at photoshelter.com.

http://psc.photoshelter.com/about/index/news/20080911

If they were going to do this, I wish it had have been announced last week before I spent hours keywording images I have in their collection.

Market Snacks

Monday, September 8, 2008 11:29

In a Tainan market.

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Tai Thai

Monday, September 1, 2008 9:51

Si Nian Buddhist Temple, Taiwan

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The Floating Life

Tuesday, August 19, 2008 11:09

Scenes from the floating village of Kompong Phlukk on the Tonle Sap, Cambodia

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Waiting For The Storm

Monday, August 11, 2008 9:19
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Train Delays

Saturday, August 2, 2008 7:56

Traditional Handmade Noodles

Friday, July 25, 2008 7:35

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Garbled text.

Wednesday, July 16, 2008 10:33

In moving to a new host, something went wrong with some of the Chinese text. If you see a bunch of weird symbols, it’s where it used to have Chinese characters. I’ll slowly go through and edit them all as time permits. Thanks.

Color of Light

Tuesday, July 15, 2008 12:26

Catch of the Day

Saturday, July 5, 2008 14:16

A low-res scan from my first trip to India in 1997/98. It may be low quality, but it’s something you don’t see every day. This is from the beach at Puri, Orissa.

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