Chelette secured exclusive global licensing rights without actually owning the images
Beate Chelette · EP 325: She Sold Her Busines to Bill Gates · Jun 14, 2016 · at 5:08
Beate Chelette explains the asset-light licensing structure of her photography agency sold to Bill Gates's Corbis.
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“I didn't own any of the images, but I had contracts that gave me the exclusive worldwide rights for a significant period of time to that content. And I was the only person allowed to resell or relicense these all over the world.”
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