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2015: Interesting Year Ahead For Stock Photography

By Jim Pickerell | 1229 Words | Posted 12/18/2014 | Comments
It seems likely that we will see some major shifts in the stock photography business as the three major players – Getty Images, Shutterstock and Adobe/Fotolia – jockey for position in a market that is experiencing very little, if any growth. At the end of 2014 Getty’s total revenue will be somewhere around $870 million, but $260 of that will be editorial. Shutterstocks will be about $328 million and I estimate Fotolia’s at somewhere in the range of $110 million.

Panoramic Images Awarded $403,500 For Copyright Infringement

By Jim Pickerell | 406 Words | Posted 12/17/2014 | Comments (1)
Panoramic Images has been awarded $403,500 in a copyright infringement case against educational publisher John Wiley & Sons. The publisher was found to have used 6 images outside the scope of the license agreement. The case was heard before a jury in the Federal District Court the Northern District of Illinois.

Moody’s Downgrades Getty Debt From Stable To Negative

By Jim Pickerell | 371 Words | Posted 12/16/2014 | Comments
Moody's Investors Service ("Moody's") changed the rating outlook of Getty Images, Inc. to negative from stable due to continuing declines in Midstock revenue. Moody's also revised its forecast indicating very high leverage over the next 12 months with reduced free cash flow. Moody's affirmed the B3 Corporate Family Rating, B3-PD Probability of Default Rating.  

Finding An Accurate Picture Of Africa

By Margi Sherad | 786 Words | Posted 12/15/2014 | Comments
Margi Sheard of the Greatstock (www.greatstock.co.za) agency in South Africa recently published a story that raised an important issue about the world’s perception of Africa and the African people. The news media’s focus on tragedy and problems often provides an inaccurate picture of the real Africa, but it raises the issue of whether there is any way for photographers to do more to show the world the real Africa of the 21st century.

Adobe To Acquire Fotolia

By Jim Pickerell | 610 Words | Posted 12/12/2014 | Comments
Adobe has announced that it has entered into a definitive agreement to acquire privately-held Fotolia for approximately $800 million in cash. Fotolia will be integrated into Adobe Creative Cloud, providing current and future Creative Cloud members with the ability to access and purchase over 34 million images and videos.

$6.5 million Photo Of Antelope Canyon

By Jim Pickerell | 174 Words | Posted 12/12/2014 | Comments
Peter Lik, Australian fine art photographer of landscapes, recently sold one of his images  entitled “Ghost” for $6.5 million, the highest price ever paid for a single image. To see the photo of the very popular Antelope Canyon, Arizona check out PetaPixel.

Will Getty Sell Editorial Division?

By Jim Pickerell | 351 Words | Posted 12/11/2014 | Comments
There are widespread rumors that, in an effort to get out from under some of its crushing debt, Getty hopes to sell its Editorial Division early in 2015. It has been reported that Q3 2014 sales for this segment of their business was about $65 million up 21% year-on-year. Editorial represents about 30% of the company’s gross revenue.

New Features Added To Alamy’s Stockimo App

By Jim Pickerell | 418 Words | Posted 12/10/2014 | Comments
Alamy has added new features to its successful mobile app Stockimo that was launched last February. To date more than 180,000 images have been submitted through the app and 99,000 have been accepted for marketing. These images can be found among the almost 53 million images on Alamy.com using the keyword “Stockimo.”

FOAP Raises $2.3 Million

By Jim Pickerell | 339 Words | Posted 12/9/2014 | Comments
The crowdsourcing site FOAP has raised a fresh $2.3 million in funding from some interesting names like CNN Worldwide President, Jeff Zucker; CEO and Co-Founder of VaynerMedia, Gary Vaynerchuk; Upshot Chairman and Protagonist LLC Partner, Jordan Rednor; and CEO of Delivery Hero, Niklas Ostberg, among others. The company raised another $1.5 million in August. Total funding now stands at roughly $5 million but they’re not quite ready to call this a Series A yet.

More Changes At iStock

By Jim Pickerell | 598 Words | Posted 12/5/2014 | Comments
iStock contributors have been advised that on January 15, 2014, the accounting operations of Getty Images and iStock will be combined into one unified system. Since Getty acquired iStock in February 2006 the two brands have been operated as separate businesses with separate accounting departments.

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Microstock

Bigstock Partners With WIX Website Builder
Shutterstock has announced a partnership between WIX and its Bigstock brand. Wix is a website creation tool designed for small businesses with 56 million users in 190 countries. Wix offers a “d...
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Shutterstock Reports $83.7 Million For Q3 2014
Shutterstock has reported $83.7 million in revenue and total downloads of 31.2 million for Q3 2014. About 30 percent of the revenue was paid out to contributors in royalties. At the end of the quarte...
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Dreamstime App Brings In Thousands Of Images
Dreamstime, Inc. is experiencing massive growth via their newly released app, Dreamstime Companion  launched in July on iOS and Google Play. The app allows smartphone users to access the Dreamst...
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Macrostock

What Are The Most Popular People Images?
Recently Getty Images has started allowing its customers to organize their search returns by the “Most Popular” images as well as the default “Best Match” that has been the on...
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ImageBrief: The RF vs RM Question
ImageBrief has updated its rules regarding RF and provided a long explanation here.  Evidentally, many ImageBrief (IB) contributors have been asking “Why is ImageBrief adding so many RF br...
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Improving The RF Option
There is a segment of the photographic community that insists on arguing that in order to get more reasonable prices for image use we must eliminate RF. Forget it; it’s impossible; it won&rsquo...
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Education

Pricing Images For Educational Use
Stock photo sellers need to join together through their trade associations and stop licensing rights to their images to educational publisher for the use in online products until publishers agree to ...
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Grant Heilman Wins Infringement Case Against McGraw-Hill Education
In the case of Grant Heilman Photography, Inc. vs. McGraw-Hill Companies, Inc. before Judge Michael M. Baylson in the United States District Court for the Eastern District of Pennsylvania a jury has ...
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Where Is The Education Market Headed?
Pearson’s conference call updating investment analysts on the company’s financial results for the first half of 2014, offered some interesting insights into where the education business i...
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About This Site


This stock photography news site focuses on the business side of photography with a special emphasis on stock photography. Our goal is to help photographers maximize their earnings based on the quality of their work and the commitment they are prepared to make to the trade. The information provided will be applicable to part-timers as well as full time professional photographers. We’ll leave it to others to teach photographers how to take better pictures.

Jim Pickerell launched his career as a photographer in 1963. In 1990 he began publishing a regular newsletter on stock photography. In 1995 the information was made available online as well as in print and was gradually expanded to a daily service. Click here for Pickerell's full biography.