Corbis, started by Bill Gates in 1989, owns millions of images, some of them kept underground in a former limestone mine in rural Pennsylvania – reports in an article by New York Times. Mr. Gates started Corbis in 1989 with the idea that people would someday decorate their homes with a revolving display of digital artwork.
Corbis has spent tens of millions of dollars acquiring image collections and other companies, hired more than 1,000 people and set up two dozen offices worldwide. NY Times, further says that, although Corbis brings in some $250 million a year in sales, it has yet to turn a profit. Meanwhile Corbis has built up a formidable stash of historical photos, including those in the Bettmann Archive. In 1999, Corbis acquired the licensing rights to the Sygma collection in France, and two years ago it did the same with a German stock image company called Zefa. It licenses those images for an average of about $250 apiece.
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Times of India, one of the most popular newspaper in India carries an article on “Digg (Digg)”:http://digg.com/. So, beware, there might an Indian troll on Digg looming around the corner ready to pounce anytime.