The Microstock segment of the stock photography business has grown rapidly over the last few years. I estimate that in 2014 gross microstock revenue, worldwide, was approximately $850 million. Sales by the Big Four distributors – Shutterstock, iStock, Fotolia and Dreamstime – represented about 85% of this total.
, the leading mobile platform for photo and video crowdsourcing, has partnered with Pearson. In an effort to reach out and engage millennials Pearson is using The learning company is using Scoopshot to reach out to and engage with millennials around the world in an effort to crowdsource photos to illustrate its publications.
The third ACSIL
Global Survey of Stock Footage Companies (AGS3) reports a rapidly growing business for companies who have set up dedicated units to market and sell footage. The $550 million global business in 2014 represents a 40% increase in the three years since 2011 when the market was estimated at $394 million
On Thursday, March 26 Boston will, for the first time, host Visual Connections’
spring visual media expo at the modern and accessible Joseph B. Martin Conference Center at Harvard Medical School.
Almost every day another blog publishes a story ridiculing and putting down stock photography. They highlight images found on some of the major stock web sites that no one in their right mind would ever want use, except as a joke. Some examples can be found here
A new mobile-oriented, crowdsourced photography service called Twenty20
was launched recently. They claim to have the world’s largest crowdsourced commercial image catalog with 45 million imagers from 250,000 photographers based in 154 countries.
On February 24th at an invitation-only conference hosted in Miami by JPMorgan Chase & Co. Getty Images executives told investors that midstock revenue had declined 15% in Q4 2014 compared to Q4 2013. This decline was on top of a 9.8% decline in Q3 2014 compared to a year earlier. Getty’s midstock division includes iStock, Thinkstock and Photos.com.
The information supplied yesterday in our story CEPIC Stock Photography Awards Competition Opens
was incorrect. See the revised story here
. Instead of there being winners in six different categories of competition there will be a single category of Creative Stock
and monetary prizes given to the First, Second and Third place winners.
The Associated Press and the National Football League today extended their commercial photo agreement, solidifying the AP’s status as the worldwide commercial licensing agent of the NFL through the 2017 season.
, in conjunction with East News Photo Agency
, has launched the first edition of the CEPIC Stock Photography Awards
competition with a 3,000 Euro prize and a title of CEPIC Stock Photographer of the Year