The story
Founded by Mike Fischer on Sep 15, 1999.1
James West, a graduate of Edinburgh University, was the CEO of Alamy and co-founded the company with Mike Fischer in 1999. Fischer, the ex-chairman and co–founder of the firm, was also co-founder and CEO of RM plc. In 2002, Alamy won an EMMA (Electronic Multimedia Awards) award for technical excellence. The purpose of the award is to recognize excellence in digital media content creation. It also introduced a 24/7 high-resolution download tool for customers. The technical innovation continued with virtual CDs becoming a replacement for royalty-free (RF) image CDs.
In 2003, the firm introduced an international distribution network. Based on the resulting increased sales, it increased the royalty payments for its contributors in 2006. Since 2002 Alamy, has paid out over $100 million to its contributors. In March 2004 one million images were available on the site and by October 2007 there were 10 million images online. In 2010, the firm created an iPad app to showcase its images. In 2011, Alamy launched a live news service, and in 2012 it started to accept live news images from mobile phones which upgraded their collection to 25 million images. Also in 2011, the company expanded its international sales unit with teams being introduced in Germany, Australia and The Middle East. In 2012, Alamy introduced the Alamy iQ, video, and creative search results.
In 2015, Alamy's iPhone app Stockimo was shortlisted in The Drum's Marketing on Mobile Awards (MOMAs) for the Best Mobile/Tablet Consumer Facing App. In 2017, Alamy announced their new CEO, Andy Harding. In 2018, James West resumed his position as CEO. In December 2018, Alamy announced that they would be increasing their commission from 50% to 60% of the sales value, reducing their payments to their contributors to just 40% of the payment received from customers. This announcement was superseded a couple of weeks later by a further announcement that commission would remain at 50% on material that was exclusively available only on Alamy. In February 2020, Alamy was acquired by PA Media Group. Co-founder James West stepped down from his position as CEO but remains as an advisory board member. Emily Shelley is the current managing director of Alamy.
From Wikipedia’s article on Alamy, shared under CC BY-SA 4.0.5