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Stockbyte

From EverybodyWiki Bios & Wiki

@Legacypac This is about the company. 



Stockbyte was Europe's first digital stock photography library, founded by Jerry Kennelly in 1996.[1] [2] [3]

Stockbyte was originally called Stockpix and was later renamed. Stockbyte originally offered CDs containing 100 images relating to a particular theme[4]. The first products were launched at Macworld in San Francisco in January 1997. [5] Two years later, Stockbyte and its partners offered online downloads of all of its imagery.[6]

Stockbyte went on to work with partner agencies who licensed their images[7]. Magazines such as Time Magazine and Newsweek carried its images on their covers and global organisations like McDonalds, Blue Cross and the Federal Bureau of Investigations licensed their imagery.[8]

Stockbyte used business intelligence software to measure performance of images by genre in order to react of changing user demands and to capture the most important images.

In 2004, Kennelly and his team created a second brand called Stockdisc, which made images available at a lower price to Stockbyte.[9] [10]

In April 2006, both brands were acquired by Getty Images for $135 million[11]. The unsuccessful bidders were Bill Gates' company Corbis and the Jupiter Corporation.[12] [13] [14] [15]

Kennelly has since gone on to found Tweak (company), a print and digital marketing business, which aims to help companies save money on their design costs.[16] [17] [18]

References[edit]

  1. Bodkin, Peter. "'Sack the gobshites'... And a few other things one entrepreneur has worked out so far". Retrieved 21 February 2018.
  2. "Mr. Jerry Kennelly - Institute of Technology Tralee". www.ittralee.ie. Retrieved 1 March 2018.
  3. https://www.nationalist.ie/news/local-news/130529/Jerry-Kennelly-added-to-line-up.html
  4. silicon (27 April 2007). "The Friday Interview: Jerry Kennelly, ex-Stockbyte CEO - Careers - siliconrepublic.com - Ireland's Technology News Service". Retrieved 1 March 2018.
  5. https://www.independent.ie/business/small-business/picture-perfect-what-jerry-kennelly-did-with-all-that-stockbyte-money-31470152.html
  6. "Mr. Jerry Kennelly - Institute of Technology Tralee". www.ittralee.ie. Retrieved 21 February 2018.
  7. Pickerell, Jim. "Growth Of Stockbyte - Stock Photography News, Analysis and Opinion". www.selling-stock.com. Retrieved 1 March 2018.
  8. Pickerell, Jim. "Growth Of Stockbyte - Stock Photography News, Analysis and Opinion". www.selling-stock.com. Retrieved 21 February 2018.
  9. "Getty Images Acquires Stockbyte, Its Largest Image Partner and a Leading Independent Creator of Royalty-Free Imagery - CreativePro.com". 7 April 2006. Retrieved 21 February 2018.
  10. https://www.ul.ie/ceremonies/jerry-kennelly
  11. "Stockbyte - ACT Venture Capital". Retrieved 1 March 2018.
  12. "Kennelly takes away $135m as Getty buys Stockbyte". Retrieved 1 March 2018.
  13. Pickerell, Jim. "Stockbyte To Be Acquired - Stock Photography News, Analysis and Opinion". www.selling-stock.com. Retrieved 1 March 2018.
  14. "Stockbyte sold for $135m, 28 jobs lost". 6 April 2006. Retrieved 1 March 2018.
  15. https://layersmagazine.com/getty-images-acquires-stockbyte-its-largest-image-partner-and-a-leading-independent-creator-of-roya.html
  16. "The Innovation Show podcast: Featuring Jerry Kennelly, JEP, Tweak, StockByte – Irish Tech News". irishtechnews.ie. Retrieved 1 March 2018.
  17. http://irishdev.com/Home/News/1325-Stockbyte-Jerry-Tweaks-New-Service.html
  18. https://www.noonecasey.ie/tweak-com/


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