Photo Site Looks to Bloggers for Profits
Corbis and its digital rights partner, PicScout, will allow bloggers to access photos via a Web link from the site PicApp.com, now in a test phase.
The photos will either include an ad overlay on part of the image, or embedded advertising that pops up when a Web user runs a cursor over the picture.
Any program making blog content more visual is OK in my book. I’m looking forward to seeing the program unfold and the images we’ll to which we’ll gain access.
What blew me away about this news is the revelation that Corbis hasn’t turned a profit since it was founded — nearly 20 years ago.
“Shenk was promoted to the CEO role in July and charged with turning around privately held Corbis, which has not posted a profit since Microsoft Corp Chairman Bill Gates founded the company in 1989.”
Hmmm, the phrase "viable business model" comes to mind, but I guess it’s rendered meaningless by words like "bajillionaire" and "pet project."