
What Corbis did not foresee was the rise of so-called microstock agencies like Fotolia and iStockPhoto. These sites take advantage of the phenomenon known as crowdsourcing, or turning to the online masses for free or low-cost submissions.True. Corbis was somewhat blindsided by this, but it was Getty who’s acquisition of iStockPhoto gave the model credence. You can slap a dress and some lipstick on a sow, but a pig’s a pig, regardless of the shade of lip gloss.
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