Dear Image Warehouse Supporter,
In mid – 2007 we went online offering our service as a favorable option for independent stock photographers who wanted to offer their images for use licensing to the global stock market. Uniquely positioned as a “full service agency”, we provided photographers with the ability to select images for sale, set the terms & prices and then publish the image into our online searchable database.
By January 2008, we had attracted a good bit of support in the photographic community and were adding photographers and images quite rapidly. Unfortunately, we were well into 2009 before we realized that we had failed to anticipate the pervasiveness of the “annual subscription” pricing plans that had been put in place by the major stock agencies, which now control a substantial portion of the commercial advertising agency business.
This situation, along with the growing share of small-to-medium agency and editorial business being taken by royalty-free micro-payment stock agencies, means that the “available market” has been significantly eroded, due in large part to the recession’s overall impact on ad budgets.
We are therefore providing you with 30 Days Advance Notice of our intention to cease operations on September 30, 2009.
This is so everyone can easily initiate whatever actions they prefer regarding their existing accounts and image files.
Your options are:
1. Sign into your account, access your images and individually delete them (this could be tedious for those with many images)
2. Respond to this email requesting that we delete your images, which we can do in “bulk” process and close your account.
3. Download a copy of your files to your computer for future use, and then follow up with either #1 or #2 option.
4. Do Nothing – Which will lead to your account information and image files being deleted by us after we have ceased operations.
We greatly regret the need for this action, but believe that it is best to provide advance notice to all, with sufficient time to smoothly wind down our business operations. All monies due to photographers and other Image Warehouse suppliers will be paid through September 30, 2009.
We sincerely appreciate your past support and wish you continued success in your future endeavors.
Best regards,
Carroll C. Seghers
Image Warehouse LLC
7 Woodhollow Road, Suite 2G
Princeton Jct., NJ 08550-4907
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