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Sports Illustrated licensing and intellectual property acquired by ABG

Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, has announced the purchased of intellectual property of Sports Illustrated from Meredith Corporation. ABG assumes the marketing, business development and licensing functions for the Sports Illustrated intellectual property and brand, while the print magazine and SI.com will maintain…

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Magnum’s Susan Meiselas Awarded The Deutsche Borse Prize

Freelance documentary photographer Susan Meiselas, a member of Magnum Photos since 1976, has been awarded the Deutsche Börse Photography Foundation Prize 2019. Meiselas was deemed to have made a consistently outstanding contribution to photography, influencing the way that audiences encounter and understand the form and exemplifying a commitment and personal…

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Industry People: Joseph Volpe joins Motorsport Images

Congratulations to Joseph Volpe who joins Motorsport Images this week as Account Manager for the Americas. Based in New York, Joseph will be tasked with opening up new business opportunities for Motorsport Images with editorial and commercial clients. They say: ‘Joseph comes to us with a depth of business development…

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Canva acquires two free stock photo libraries

Australia based design and publishing platform Canva has acquired free stock photo libraries Pexels and Pixabay, and launched of Photos Unlimited, a new “Netflix-style” subscription model for more affordable paid stock photography. Melanie Perkins, CEO and cofounder at Canva said that with the rise of design literacy, people needed more…

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Shutterstock 2019 first quarter financial results

In New York Shutterstock presented their Q1 results for 2019 – it’s interesting reading. The content is increasing rapidly – the per image revenue is not. One PAN reader told me ‘…it’s interesting the per image rev has actually gone up, I’d expected this to have gone down’. – PAN…