It seems like every week there’s another example of how the Internet has toppled business models that have been in place longer than the Internet itself. Control is not really possible when there are so many ways to pirate or undercut sales. The newspaper, music, movie, and now images market are changing drastically (and I love to read Seth Godin’s take on the changes).
Getty Images, the world's largest supplier of pictures and video to the media is for sale.
Companies routinely receive three, five, or even ten million dollars in various funding rounds; reporting on it kind of dulls you to those huge amounts. But iCrossing, a “global digital marketing company,” has just received $62 million, and that’s definitely worth a closer look.
Another 5.3 million shares of GOOG, worth about $2.1 billion at current valuation, should help smooth the company's entry into the S&P 500 index.
iEntry 10th Anniversary
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