Exchange4media:Digital imaging company Corbis, better known for its stock photographs, has entered the Indian market with a tie up with IndiaPicture.com. Indiapicture.com will be licensing Corbis’ stock photographs in India, and is eyeing a 50 percent marketshare in the organized Indian picture industry. High hopes, indeed. Corbis too, it seems, will be selling Indiapicture content. The financial details were not disclosed. Indiapicture has offices in Delhi and Mumbai.
Corbis’ competitor Getty Images already has a distributor in India – Visage Media Services. According to their site “Visage Media Services is the Master Delegate Of Getty Images in South Asia.” Getty has a head start of over a year over Corbis. I’m just wondering – how big is the market for stock photographs in India, since most magazines tend to create their own stock of photographs. And what of the efficacy of the copyright law?
Related:
– Visage To Licence Getty Images In India
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