Court Orders Corbis to Pay $834K in Two Lost Image Cases
By Ryan • Mar 27th, 2008 • Category: News for Creatives (archives), PhotographyBy David Walker from PDNonline.com:
“The US District Court for the Southern District of New York has hit stock photo agency Corbis with two separate orders to compensate photographers for lost images in recent weeks. Photographer Arthur Grace won a $667,685 judgment on January 30 for the loss of 45,000 images, while photographer Chris Usher was awarded $157,121 February 29 for the loss of 12,640 of his images.
In both cases, the awards were the court’s estimates of income the images would have generated had they not been lost. That method of valuation differs from many other lost slide cases, which have based damages on estimates of the dollar value of the lost images.
In the Arthur Grace case, the court revised a 2005 ruling in which it had set damages at $472,000.
Grace covered major news events, politics, sports and celebrities during the 70s, 80s and 90s. He submitted the images for worldwide distribution through Sygma, the French news photo agency acquired by Corbis in 1999.”
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