Lean In or Step Back

By Jim Pickerell | 1241 Words | Posted 1/17/2020 | Comments
The “Lean In” concept in business generally suggests the idea of moving forward on an idealized path. Chest out. Chin up. Figuring it out along the way. Watch out, world — here I come. “Step Back” is more about taking the time to assess the overall business landscape and consider long term risks and potential, and the likelihood of achieving long term goals. After carefully assessing one makes a decision as to whether to aggressively Lean In on the path they have been headed, or make radical adjustment in direction for their long term good. It is time for everyone in the stock photography business to “Step Back.”

Shutterstock 2020 Creative Trends Report

By Jim Pickerell | 495 Words | Posted 1/14/2020 | Comments
Shutterstock has launched its ninth annual Creative Trends Report, identifying global and local trends that will influence design aesthetics and visual culture in 2020.

Insurer Must Defend McGraw-Hill In Infringement Case

By Jim Pickerell | 408 Words | Posted 1/14/2020 | Comments
A New York State appeals court overturned a lower court’s ruling and held that an insurer must defend McGraw-Hill Education Inc. in underlying copyright litigation in the case of McGraw-Hill Educ., Inc. v. Ill. Nat’l Ins. Co.

DMLA & ACSIL Join Forces: Create Stronger Image Licensing Association

By Jim Pickerell | 575 Words | Posted 1/6/2020 | Comments
The leading trade association for moving-image licensors, 17-year-old ACSIL (Association of Commercial Stock Image Licensors) has joined forces with the Digital Media Licensing Association (DMLA) as of January 1, 2020. The DMLA, which began 70 years ago as a picture agency association, now represents all media licensors, and by adding ACSIL, a long-standing and respected moving-image association, will significantly increase membership and reach. 

Shutterstock Historic Gross Revenue

By Jim Pickerell | 390 Words | Posted 12/22/2019 | Comments
A reader wrote, “Over the years you’ve published Shutterstock’s gross revenue number. It would be good to see the ratio of corporate earnings to photographer earnings after this weeks 1 billion horn blow.”

Royalty Rates At iStock

By Jim Pickerell | 509 Words | Posted 12/18/2019 | Comments
It is getting harder and harder for image creators to get higher royalties on their images in iStock’s Signature collection. Royalties go up based on the total number of times images belonging to a particular creator are downloaded during the year. Download targets for Exclusive contributors have been around since 2017. At the beginning of the year the contributor starts with the ending royalty rate of the previous year. On January 1st iStock starts counting downloads for the year. Essential image downloads are counted as one while Signature Plus downloads are counted as 2. Some, but not all, downloads of Signature images through Gettyimages.com also count as 2. Others, probably mostly Premium Access sales, only count as 1.

Shutterstock Custom Assignments

By Jim Pickerell | 1548 Words | Posted 12/17/2019 | Comments
Shutterstock Custom assignments seem to be working well for some contributors. Below you will answers to my questions from two of of the more successful Custom Assignment contributors, Adrianne Haskins and Jeremy Pawlowski. Haskins is based in Tenessee and Pawlowski in Portland Oregon.  To see Pawlowski’s work check out this link and for Haskins work go to this site.

End Of Stock Photography As A Profession

By Jim Pickerell | 2025 Words | Posted 12/11/2019 | Comments
One of many reasons for the decline of stock photography as a profession is that it has become almost impossible for photographers to get a clear understanding of the various types of imagery, and the relative degree of demand, that users want and need. Once that was not the case, but now there is a total disconnect between image creators and image users.

Will Getty Eliminate iStock Exclusive Deals?

By Jim Pickerell | 832 Words | Posted 12/10/2019 | Comments
An iStock Exclusive photographer asked, “Given that Getty is ‘racing to the bottom’ and is about to eliminate Rights Managed from its collection, do you think our Exclusive contracts will be next?" I don’t think so. It seems to me that it will still be to Getty’s advantage to keep the Exclusive segment of iStock.

Shutterstock’s Global Contributor Community Surpasses $1 Billion in Earnings

By Jim Pickerell | 641 Words | Posted 12/10/2019 | Comments
Shutterstock, Inc. has announced that its contributor base has reached $1 billion in earnings paid. The company released its Contributor Earnings Report, which breaks down the massive achievement shared among its global community of artists, photographers, videographers and musicians. The report showcases an overview of earnings by region, a snapshot of high-growth countries and features a selection of contributors who helped make the achievement possible.

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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.

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