JupiterMedia Gets $100 Million Credit
StockPhotoTalk | Special Interest Blog: Merry Christmas! JupiterMedia Gets $100 Million Credit Looks like JupiterImages may have a brand new war chest of cash to continue their buying spree in the stock photography business. Apparently $53 million of the credit facility will pay off existing debt, but this leaves $47 million for potential acquistions.
Question for JupiterImages/Flickr? How do you harvest/promote/grow the long tail of the best amatuers now getting into the part time realm of digital photography? And is it inevitable that given the growing ranks of amateurs and the increase in the quality of their tools that they will at some point disrupt the more established stock photography businesses?