ImageSpan Inc., the creator of LicenseStream, the market-leading licensing and royalty payment automation platform for all media , and PicScout, are partnering to deliver a best-in-class image licensing and tracking service to help LicenseStream subscribers immediately monetize content found by PicScout and obtain more value from that content as it gets published across the Web. The announcement was made at the Web 2.0 Expo.

Together, ImageSpan and PicScout also are addressing a huge and growing problem: online image theft. Lost revenues from unauthorized uses of images online are estimated at upwards of $65 million, according to a comprehensive study by the Stock Artists Alliance. By combining PicScout’s market-leading image tracking and recognition registry services with ImageSpan’s Web-based LicenseStream licensing and royalty settlement service, the partners can provide LicenseStream subscribers with a view into where and how their images are being used online.  The exclusive three-year agreement calls for PicScout to be the exclusive image tracking service and image registry service for all content provided to it by ImageSpan and covers mutual customers in the United States, Canada and the United Kingdom.

“PicScout is proud to partner with ImageSpan and to combine our complementary services: the ImageSpan LicenseStream service and PicScout’s Image Tracker,” said Offir Gutelzon, CEO and co-founder of PicScout. “Image Tracker’s reports will enable both photographers and enterprises to create more sales opportunities which can be monetized by the LicenseStream remedy tools.  In addition, LicenseStream customers will have access to our Image Registry which solves the problem of unidentified copyrighted images or orphan works.”

Please see the entire PR on our website: read more