SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : GETY: GETTY IMAGES INC. Huge/Undiscovered Net Potential!
GETY 3.550+2.6%Jul 12 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: REH who wrote (33)6/23/1999 10:23:00 AM
From: REH  Read Replies (1) of 47
 
Getty Images' Art.com Joins Amazon.com Auctions

PR Newswire, Wednesday, June 23, 1999 at 10:14

Online Buyers Can Now Place Bids & Buy Framed Art
in Web's Leading Online Auction

SEATTLE, June 23 /PRNewswire/ -- Getty Images' consumer art brand,
Art.com(SM), one of the world's most inviting places to discover and buy art,
today announced it has joined Amazon.com's Auctions. Amazon.com
(NASDAQ:AMZN), the leading online retailer, offers almost 1,000 categories on
its customer-friendly, secure, innovative auction site. Now, the more than 10
million customers who are pre-registered on the Amazon.com Auction(s) site can
bid on top quality framed and matted art from Art.com, a subsidiary of Getty
Images, Inc. (NASDAQ:GETY), a leading, global provider of visual content.
"Teaming up with Amazon.com Auctions will allow us to bring our high
quality art prints to millions of experienced online buyers, at great bidding
prices," said Bill Lederer, Chief Executive Officer of Art.com. "Participants
in this dynamic online auction marketplace will be able to affordably enrich
their lives with the great works of master artists."

Staking a Claim with Art
Amazon.com Auctions is helping consumers find, discover, buy and sell
virtually anything online. Participants can find Art.com merchandise easily,
by searching for "Collectables" and then "Art & Photography" in the auction
environment or by typing Art.com in the seller search box.
"We are excited to add Art.com's top quality art prints to our
professional retail auctioneers," said Jeff Blackburn of Amazon.com. "Art.com
provides exactly the kind of product that our consumer audience wants and will
place bids to acquire. We fully expect Art.com to contribute to the bidding
volume on the site."

A few of the art pieces currently placed on auction by Art.com include
matted and framed art prints such as:

-- Michelangelo's Ignudo
-- Paul Klee's Arab Song
-- Norman Rockwell's The Gift
-- Kandinsky's Bright Lucidity
-- Ansel Adams' Mount McKinley Range
-- Hal Morey's Grand Central Light

About Art.com
Art.com(SM) (http://www.art.com), the consumer brand of Getty Images,
Inc., is an inviting and engaging e-commerce destination that makes buying art
accessible, personal and fun by offering valuable information consumers need
to learn about and purchase art. The site is an enriching and convenient
source for art, offering many of the world's great prints in one place.
Art.com's expansive galleries feature master works by world-famous artists, as
well as original pop culture artists. In addition to everyday discounts,
personalized product choices and a 100 percent satisfaction guarantee, Art.com
offers three distinguishing features -- framing visualization software,
seasonal and featured galleries, and the ArtClique(SM) Saver's Club. Art.com
is the recipient of the respected Pinnacle Award for Overall Excellence and
the eMarketer Web recognition Award. Art.com is the consumer brand of Getty
Images, Inc. (NASDAQ:GETY), the leading, global provider of visual content.
More information about Getty Images and its visual content brands can be found
on the company's Web site at getty-images.com.

About Getty Images, Inc.
Getty Images, Inc., with 30 million photographs and more than 13,000 hours
of film, is a leading international provider of visual content to both the
professional and the consumer markets. The company's business-to-business
image brands provide imagery to a diverse range of creative professionals in
advertising and graphic design, magazine, book and newspaper publishing,
broadcasting, production, and web and new media publishing. The company's
consumer brand, Art.com, offers framed and unframed art and art related items
to the $9 billion consumer art marketplace.
Getty Images markets rights to images and footage through its websites,
its international network of wholly owned offices in 17 countries, and agents
in more than 50 countries. Headquartered in Seattle, the company has
approximately 1,450 employees worldwide, and had revenues of $52.2 million in
the first quarter of 1999. The company's 1998 revenues were approximately $185
million.
Getty Images' market leading visual content brands are:

Business-to-business

Tony Stone Images tonystone.com
Energy Film Library digital-energy.com
PhotoDisc photodisc.com
Hulton Getty hultongetty.com
Allsport allsport.com
Liaison Agency liaisonphoto.com

Consumer
Art.com art.com

For more information on Getty Images and its product brands please visit
the company's website at getty-images.com.

This announcement contains forward-looking statements that involve risks
and uncertainties that include, among others, Amazon.com's limited operating
history, anticipated losses, unpredictability of future revenues, potential
fluctuations in quarterly operating results, seasonality, intense competition,
risks associated with system interruption, management of potential growth,
high leverage, and risks of new business areas, international expansion,
business combinations, and strategic alliances. More information about
factors that potentially could affect Amazon.com's financial results is
included in Amazon.com's filings with the Securities and Exchange Commission,
including its Annual Report on Form 10-K for the year ended December 31, 1998.
NOTE: Amazon.com, Amazon.co.uk, Amazon.de, Internet Movie Database, PlanetAll,
Earth's Biggest Bookstore, and 1-Click are either registered trademarks or
trademarks of Amazon.com, Inc. or its affiliates. All other names mentioned
herein may be trademarks of their respective owners.

SOURCE Art.com
-0- 06/23/99
/CONTACT: Coleman Smith of Alexander Ogilvy Public Relations,
404-897-2300, csmith@alexanderogilvy.com, for Art.com; Laurie McEachron,
206-269-1769, laurie.mceachron@seattle.getty-images.com, or Mary Waters Sayer,
011-44-171-544-2973, mary.waters.sayer@getty-images.com, both of Getty Images;
or Mark Fox of Hill & Knowlton, 212-885-0642, mfox@hillandknowlton.com, for
Art.com/

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext