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.............................. Corbis Stock Photography and Pictures Logo and Trademark..............................

Corbis Corporation is a seller of high-quality photography and film footage and related rights, based in Seattle, Washington. It has a collection of more than 100 million creative, entertainment and historic images, a comprehensive footage library, extensive rights and clearances expertise, and a roster of elite assignment photographers.

Corbis is privately owned by Bill Gates, who founded the company in 1989 under the name Interactive Home Systems (a name currently held by an unrelated, slightly older company based in Concord, Massachusetts). One major reason for starting the company was Gates's belief that people would someday decorate their homes with a revolving display of digital artwork using digital frames.

The company's name was changed to Continuum Productions in 1994 and to Corbis Corporation a year later. "Corbis" is a Latin word meaning "wicker basket," which at the time referred to the company's emerging view of itself as a receptacle or storehouse for visual media. Bill Gates stores his Corbis photographic collection 220 feet underground in a refrigerated cave in the Iron Mountain storage facility.

   

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Corbis sells to customers in more than 50 countries. As of 2007, the company had 1,100 employees in 24 offices in 16 countries. Its revenue increased 11 percent to $251 million in 2006, compared to 2005. Since its founding in 1989, the company has never had a profitable year.

The company says it has the world’s broadest, deepest and most easily accessible and searchable collection of imagery in the world. The collection includes contemporary creative, entertainment, iconic and historic photography as well as art and illustrations. Among its noted acquisitions were the 11 million piece Bettmann Archive, acquired in 1995; the Sygma collection in France (1999); and the German stock image company Zefa (2005). Corbis also has the rights to digital reproduction for art from the Hermitage Museum in St. Petersburg, Russia, the Philadelphia Museum of Art and the National Gallery in London. Corbis adds hundreds of thousands of new images every year.

Corbis has a number of specialists who handle licensing of content, clearances and rights representation. The specialists have relationships with important third-party rights holders—including major studios, record companies, celebrities, and publishers, and help clients license almost any content, handling all clearances for use. Corbis’ expertise includes sourcing content and negotiating third-party clearances for celebrities or their estates; feature films and TV clips; athletes and sports leagues; copyrights, trademarks, and logos; music and audio; and properties and landmarks.

Corbis also represents rights-holders directly, including the Andy Warhol Foundation and some of the world’s most-recognized personalities, from Hollywood legends such as Steve McQueen and Mae West to well-known innovators including the Wright Brothers and Albert Einstein.

On June 30th, 2007. Corbis announced that it will be laying off 160 employees, 15% percent of its current workforce. It was also announced that they will be planning on selling off their digital asset management and photography assignment groups.

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