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Articles from October 2013

Visual Connections New York 2013 ‘The Best in Years’

By Jim Pickerell | 300 Words | Posted 10/30/2013 | Comments
The stock visual media industry is seeing a pick-up after the longest downturn in living memory. Visual Connections New York, the world’s largest marketing event devoted to commercial licensing of visual media, drew more buyers and exhibitors this year than in 2012. Buyers could learn about 72 different stock agency brands from around the world, including 21 new to New York and 22 from outside the US (Canada, UK, Germany, Sweden and Argentina).

Stock Photography: Flawed Business Model

By Jim Pickerell | 969 Words | Posted 10/29/2013 | Comments
Stock photography is changing rapidly. The most serious issues facing stock photographers are:
    they have no idea who their potential customers are;
    they don’t know what their customers are looking for in the way of images; and
    they don’t understand how their customer’s businesses are changing.

Pin A Getty Image: Getty Receives Compensation

By Jim Pickerell | 493 Words | Posted 10/28/2013 | Comments (1)
Getty Images has done a deal with Pinterest that will track the use of any of the 80 million photos and illustrations on Gettyimages.com whenever they are posted on the digital scrapbooking site. (A little over 7 million of those photos are on the Creative section of the site.)

Announcing Stipple Mobile and Stipple Search

By Jim Pickerell | 297 Words | Posted 10/24/2013 | Comments
Stipple has introduced two new products: Stipple Mobile and Stipple Search. With Stipple Mobil you can create Stippled photos right from your phone. Easily add videos from your camera and YouTube; Facebook, Twitter and Wikipedia profiles; and more to your photos. Photographers can instantly share everything on Facebook and Twitter.

BBC Motion Gallery Chooses Getty As Exclusive Distributor

By Jim Pickerell | 364 Words | Posted 10/21/2013 | Comments
BBC Worldwide, the commercial arm of the BBC, has agreed a global five-year partnership with Getty Images, in which Getty Images will represent BBC Motion Gallery, BBC Worldwide’s prestigious video clip sales business. The agreement will see the world-renowned BBC Motion Gallery brand continue, with Getty Images as the exclusive global distributor.

What Buyers Want From Photographers

By Jim Pickerell | 395 Words | Posted 10/18/2013 | Comments
PhotoShelter has just released the results of a new survey designed to determine “What Buyers Want From Photographers.” The 48 page report is available for Free here.

Questions Debt Investors Should Be Asking Getty

By Jim Pickerell | 782 Words | Posted 10/17/2013 | Comments (1)
Getty Images has been privately owned by Carlyle Group for a little over a year, and before that by Hellman & Friedman for about 5 years. One of the results of going private is that much of the data that used to be shared about Getty’s operations is no longer available to the general public.

State Of Stock Photo Industry: 2013

By Jim Pickerell | 186 Words | Posted 10/17/2013 | Comments
If you’re looking for an overview of the state of the stock photo industry as of October 2013 the stories listed below are a good place to start. Regular readers of Selling-Stock will have seen all this information before. For them, there is nothing new here although some of the stories were published in the last two weeks. If you’re looking for data and analysis – both current and historical – these stories are worth examining.

Copyright Small Claims

By Jim Pickerell | 389 Words | Posted 10/15/2013 | Comments
On September 31, 2013, the Copyright Office released the findings of its two-year study on copyright small claims. The report documents the significant costs and other challenges in the current federal system of addressing copyright claims that have a relatively low economic value. The report recommends the establishment of a Copyright Tribunal housed within the Copyright Office to adjudicate claims.

Should Photographs Have A Monetary Value?

By Jim Pickerell | 391 Words | Posted 10/15/2013 | Comments (1)
Does anyone other than photographers think that photographers should be compensated with more than a credit for the use of their images? The response photographer Kristen Pierson received from the publisher of the Warwick, RI Beacon displays a common attitude, not just of the average consumer, but of many professionals and commercial users who should be licensing rights to the images they use.

Stocksy Photo Co-Op to be Profitable in First Year

By Jim Pickerell | 336 Words | Posted 10/11/2013 | Comments
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 has accomplished this feat while giving members a 50 percent royalty on each transaction and 90 percent of profits.

Dissolve: New Footage Resource

By Jim Pickerell | 147 Words | Posted 10/11/2013 | Comments
Patrick Lor, co-founder of iStockphoto and formerly leader of Fotolia North America, has founded a stock footage company called Dissolve. Lor’s company makes a significant number of clips available for $5 although some clips are priced at $50, $150 and $500.

Getty's Midstock Revisited

By Jim Pickerell | 805 Words | Posted 10/10/2013 | Comments (2)
There is increasing interest among debt investors as to what is happening at Getty and particularly in their Midstock division. I posted an analysis last week, but already there is new information worth updating.

GDUSA Stock Survey Results

By Jim Pickerell | 1137 Words | Posted 10/9/2013 | Comments (1)
Graphic Design USA’s 27th annual Stock Visual Reader Survey has revealed that 95% of creatives in the U.S. use stock visuals to some extent in their work. In 1986 only 34% of creatives used stock, but there has been a steady year-to-year rise in its use reaching 95% in 2010.

Alamy Doubles Downloads Since 2008

By Jim Pickerell | 666 Words | Posted 10/7/2013 | Comments
The latest edition of Alamy’s “Ask James” series of video chats where CEO James West responds to photographer questions is now live. West reports that the company licensed rights to about 360,000 images in 2012, up from under 200,000 in 2008.

Fotolia Launches Mobile App And New Collection

By Jim Pickerell | 454 Words | Posted 10/7/2013 | Comments
In response to the new trends in Smartphone use, social media and mobile phone Fotolia is launching a new app and collection, uniquely designed for Smartphone photos. Created for iPhone 4 and up, Fotolia Instant offers fresh, new “in-the-moment” images taken using the new app, which allows users to shoot and upload to Fotolia directly from their Smartphone.

What Is Midstock?

By Jim Pickerell | 747 Words | Posted 10/4/2013 | Comments (2)
Getty Images is finally declaring iStock a “Midstock” brand given how high they have pushed the prices of iStock’s exclusive imagery. I estimate that about 35% of the images on iStock are exclusive. Getty has told debt investors that 70% of iStock revenue is generated from exclusive images and that the gross revenue for the last 4 quarters was about $300 million. In Q2 2013 iStock revenue was down 9% compared to the revenue in Q2 2012.

Getty Supplies Visual Trends Info

By Jim Pickerell | 346 Words | Posted 10/3/2013 | Comments
Getty Images’ visual trends publication Curve released their most comprehensive assessment of diversity in advertising to date. The Curve is designed to highlight the latest trends and research into the changing use of visual imagery that depicts social variety. It is also a resource for brands that are looking to create exclusive and progressive communications.

Documentary Uses Nothing But Stock Footage

By Jim Pickerell | 175 Words | Posted 10/2/2013 | Comments
The New York Times has published a story about “Let the Fire Burn” a new film due out today that chronicles the 1985 bombing by the Philadelphia Police of a house occupied by the radical group known as Move.  The fire spread to 60 other houses in the neighborhood.

Controlling Image Sharing

By Jim Pickerell | 687 Words | Posted 10/1/2013 | Comments (1)
Frans Lemmens has a problem. One of his clients operates an iPad travel magazine called TRVL Magazine. They use a lot of his images. They encourage readers to share the images found in their app on Facebook. Frankly, readers would probably do this anyway whether they are encouraged to do so, or not. Also, in order to market their app this activity is probably critical for TRVL.

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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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