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Moody's Investors Service ("Moody's") has reported that Fotolia’s
revenues for the fiscal year ending December 2012 totaled $87 million
. Moody’s expects revenues to increase in the “low to mid-single digit percentage range over the next 12 months.”
In November I surveyed image creators who had signed up to attend the Microstock Expo in Berlin and asked them two question:
(1) What are your top four distributors and the percentage of revenue from each?
(2) Is your gross revenue greater in 2013 than it was in 2012?
It’s time to take another look at PeopleImages.com
that Yuri Arcurs Productions launched 17 months ago. Yuri has long been the world’s most successful microstock photographer, and until June 2013 his work was represented on virtually all the world’s microstock distributors.
The 2014 “Pink Lady® Food Photographer of the Year”
competition with a top prize of £5,000 has been announced. Professional and amateur photographers can submit their food images until January 31, 2014. The winner will be selected in London and announced on April 23, 2014 in a festive ceremony at the London’s “Mall Galleries.“
Getty Images has supplied selected investors with its third quarter revenue figures. Indications are that revenue continues to decline. For the year ending June 30, 2013 revenue was $897 million. For the 4 quarters ending September 30, 2013 indications are that the revenue is less than the $897 million, but we have been unable to determine exactly how much it has declined.
As of December 1, 2013 Universal Images Group Limited
(UIG) has opened a new Content Management facility for Asia based in Tokyo, Japan.
Last week a coalition of 37 news organizations, including the Associated Press, ABC News, The Washington Post and Reuters called for better access to the president and the White House
in a letter
addressed to White House press secretary Jay Carney.
The number of news photographers employed in the U.S has dropped 43% since 2000 from 6,171 to 3,493 according to the ASNE (American Society of News Editors). By comparison, the number of full-time newspaper reporters and writers dropped by 32%—from 25,593 to 17,422.
A jury has awarded photographer Daniel Morel $1.2 million in damages in his case against Agence France-Presse
(AFP) and Getty Images
for the unauthorized distribution of his images of the January 12, 2010 Haiti earthquake. At the time Morel received no payment from the agencies for almost 1,000 uses of his images.
The formula for producing stock images that sell is simple. Produce what customers want. All they want are images of “better quality” that are “more creative,” “natural, not staged” and that clearly illustrate a “concept” the customer needs at the moment. Also, the “price” for usage must be lower than anything else available.
This story contains a list of the 99 Shutterstock contributors with the largest portfolios. All have more than 17,000 images on Shutterstock and the leading contributor, Africa Studio, has 346,683. C...Read More
Shutterstock has reported a record 25.4 million downloads and $56.8 million in revenue in Q3 2013. The Shutterstock collection has grown to more than 30 million still images and over 1.3 million vide...Read More
Stocksy, a stock photography co-op that launched on March 28, 2013, is on track to become profitable by November. A photo collective and online market co-owned by more than 400 photographers, Stocksy...Read More
Corbis has released a series of eight research reports entitled “Trends In Sight” that explain and illustrate with Corbis images What’s New and What’s Next in photography.Read More
Design Pics Inc. has announced the acquisition of AgStock Images, a California based photo agency specializing in agricultural photography. Founded in 1996 by Ed Young, AgstockImages.com is...Read More
As happens every fall there is a whirlwind of photo conferences – PACA Annual Conference, Visual Connection and PhotoPlusExpo (all in New York), and this year Microstock Expo in Berlin. In ligh...Read More
Educational publishers are telling stock agencies and image creators that they need more and “better quality” still images. Despite declining prices many still photographers are continuin...Read More
Given the changing and growing demands publishers are facing when developing an educational program, PACA’s Editorial Relations Committee and Cengage Learning have worked together to create a n...Read More
Art Directors and Graphic Designers lament the decline in creativity. They say this results from a lack of Time and a lack of Funding which leads to a lack of Inspiration. 75% say they have too many ...Read More