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Home » Pond5 Acquires Pixmac and Expands International Presence

Pond5 Acquires Pixmac and Expands International Presence

Pond5 Inc. and Pixmac s.r.o. announced today that they have reached a definitive agreement under which Pond5 will acquire the assets of Pixmac, a leading stock imagery network based in the Czech Republic. With millions of stock photos and illustrations distributed in 17 languages and in multiple currencies, the acquisition of Pixmac accelerates Pond5’s strategy to offer a global marketplace where media makers can connect with fellow artists, sell their stock media while earning industry-leading payouts, and license content from the world’s most comprehensive selection of creative elements for use in their own productions.

With the integration of Pixmac, Pond5’s vast selection of stock video footage, audio, images, 3D models, and motion graphics templates will be available globally across the Pixmac network of more than 20 domains, via a multi-language, multi-currency platform. The aggregate traffic across the network will more than double Pond5’s current traffic base. The Pixmac network of local managers and reviewers will also be joining Pond5, further broadening Pond5’s reach and bringing industry expertise from key global markets in Asia, Europe, and Latin America. 

“The Pixmac team has built something truly impressive, and we are very excited to be working with them to continue to build out the world’s most vibrant marketplace for media makers,” said Tom Bennett, co-founder and Chief Executive Officer of Pond5. “The talent, technology, and community they bring will be a fantastic addition to Pond5 and a big win for our artists and our buyers.” 

“We are proud of what we have achieved so far, and we are excited to see what the integration has in store for our contributors,” said Vita Valka, co-founder and Chief Executive Officer, Pixmac. “Pond5 has challenged the microstock industry by letting artists price their own content and by providing them the best royalties. They’re the most artist-friendly marketplace around, and that’s the exact model that’s going to win in the long-run. We’re thrilled to be joining forces. “ 

Over 6,000 Pixmac photographers and illustrators are expected to join Pond5, bringing with them millions of images which will be available via the Pond5 website. Pixmac artists will get a substantial raise to match their Pond5 counterparts, and will earn 50% royalties on all sales.

About Pond5
Pond5 is the world’s most vibrant marketplace for media makers, offering the web’s largest collection of royalty-free stock video footage, as well as millions of stock photos, illustrations, music tracks, sound effects, Adobe After Effects project templates, and 3D models. Disrupting the traditional stock agency model with an open, dynamic marketplace, Pond5 invites media makers from all over the world to submit their own content and set their own prices, earning 50% on each sale – significantly higher than traditional players. Submissions are curated by the Pond5 team, and made available for immediate preview, purchase and download. All content is licensed under a simple royalty-free license that provides customers lifetime, worldwide usage rights across all media. 

Pond5 was founded in 2006 and is headquartered in Brooklyn, NY, USA with offices in Geneva, Switzerland and Prague, Czech Republic. For more information, visit www.pond5.com.

About Pixmac
Pixmac is a global provider of stock imagery, offering millions of stock photographs andillustrations in 17 languages and multiple currencies. Based in the Czech Republic, the site was launched in 2008 and is currently home to an artist community of over 6,000 photographers and illustrators worldwide. 

–Shoot Publicity Wire

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  • Media Marketplace Pond5 Acquires Stock Photo Startup Pixmac To Expand Its International Presence

About Dan Ochiva

New York City-based journalist and NYCPPNEWS founder Dan Ochiva writes and consults on film, video, and digital media technology.

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Parks has recently shifted her focus from supervisor to hands-on sound design, and we talk about how it’s never too late to pivot on your career path and find the thing you love doing wherever you are in life.

Click on this link to read the rest of the article on No Film School’s site.

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 Film tax credits — amending existing programs to include provisions for so-called New Jersey film partners and New Jersey film-lease partners and allowing an additional $200 million of tax credits annually over 13 years.

Click this link if you want to read the full article on the Lexology site. http://bit.ly/35NtDx6

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The coronavirus relief package that Congressional leaders agreed to this week includes grant money that many small proprietors described as a last hope for survival.

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To read the full article on The New York Times’ site, click here.

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Phase 4 production guidance is available on the Film Permit website. All production activity, whether it requires a Film Permit or not, must comply with New York Forward Industry Guidance.

For more information see, please refer to the State Department of Health’s Interim Guidance for Media Production During the COVID-19 Public Health Emergency. Please review the guidelines and FAQ before submitting permit applications. The Film Office is operating remotely, so please allow additional time for Film Permit processing.

The above paragraphs contain links to the various FAQ – just mouse over the relevant words.

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To read the full article on Petapixel’s site, click here.

NVIDIA Uses AI to Slash Bandwidth on Video Calls

NVIDIA Research has invented a way to use AI to dramatically reduce video call bandwidth while simultaneously improving quality

What the researchers have achieved has remarkable results: by replacing the traditional h.264 video codec with a neural network, they have managed to reduce the required bandwidth for a video call by an order of magnitude. In one example, the required data rate fell from 97.28 KB/frame to a measly 0.1165 KB/frame – a reduction to 0.1% of required bandwidth.

To read the rest of this article on Petapixel, click this link.

 

 

 

Union Health Plan Dodges Film Workers’ Suit Over Virus Relief

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Endries and Nichols, members of Local 600 of the International Cinematographers Guild, said in July that the board left them and others “out in the cold” in its attempts to address the problems COVID-19 caused for plan participants.

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Read the full article on the Law360 site by clicking here.

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Anthony Russo and Joseph Russo photographed at the PMC Studio in Los Angeles for the Variety Playback Podcast.

The Russo brothers, directors of the all-time top grossing film “Avengers: Endgame,” quietly secured a roughly $50 million cash infusion for their production company AGBO from Saudi Arabia earlier this year, multiple sources tell Variety.

In a deal brokered and closed at the beginning of the pandemic, the Russos received the investment from an undisclosed Saudi bank in exchange for a minority stake in the brothers’ Los Angeles-based shop.

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