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Articles from March 2006
Fifty-five photographers with a gross 2005 income of $8,490,187 responded to our survey. This was up 9.7% from 2004 and 78% of this income was from stock. 30% of the revenue was from Getty and almost 15% from Corbis
While in China I had the opportunity to meet and talk to many photographers and extensive discussion with three - American editorial photographers David Hartung and Fritz Hoffmann living in Shanghai and a Chinese advertising photographer Tang Hui in Beijing. The experiences of these three will give the reader a sense of what it is like for a photographer to live and work in China today.
Rumors have it that any day Stockbyte should announce its sale for a record multiple for a Royalty Free stock photo company. The betting is that the Getty Images will be the buyer and the price will be at least $200 million. Estimates are that Stockbyte's gross annual revenue is in the range of $50 million.
This group of releases includes: Image Source's Founder Interviewed on CNN for International Women's Day; Image Source Joins Quark Alliance Progam; BigStockPhoto.com Grows; Fotolia Teams with Slide Inc.; Neophyte Media Launches Self-Selling Photo Site; Popperfoto Tops 75,000 Images on Alamy; Ellen Boughn Joins Superstock; and Workbook Premieres New Subscription Service.
Corbis has reported gross revenue of $228 million for 2005 and provided more detail about its business and the numbers than ever before. This information allows us to make a much more granular comparison of Getty and Corbis and to identify some opportunities for Corbis.
Corbis has acquired Beateworks, an image licensing company providing high-end interior images and celebrity home stories to magazine and corporate clients. Also included in the deal is the RF brand InsideOutPix.
The higher your image is in the results delivered after a customer has completed a search the better the chance it has of being seen and selected for use. This story examines what's happening on the Getty site with regard to search results and offers some suggestions as to how to maximize your position in the search returns.
Jupitermedia has reported revenues for Q4 2005 of $36.1 million. Operating income for the Q4 2005 was $9.0 million compared to operating income of $4.9 million for the same period last year. Net income for Q4 2005 was $5.4 million, or $0.15 per diluted share.
A bill is being "fast tracked" through the U.S. Congress that would remove much of the protection for unauthorized use of images and potentially convert the majority of published images to "Orphan Works" status. All trade organizations are encouraging their members to express their feelings on this issue to their representatives.
Most photographers and artists organizations are very concerned about the proposed "Orphan Works" remedy to the Copyright law that is working its way through Congress. They are calling their members to urgent action. The following are some of the press releases from these organizations explaining the issue.
This issue contains articles on: Margins or Profits?;iStockphoto Updates Site; Getty Moves to Micropayments; Getty Revenue Up For 2005; Photographer's Choice Survey Results; Jupiter Makes More Acquisitions; Increased Still Image Use; Grill on Return-per-image; Royalties Plunging; Trademark Bill Pending; Acquisitions and more.
This issue has stories on: Corbis Announces 2005 Revenue; Index Stock Hit By Check Scam; New TrendWatch Statistics; WireImageStock Expands Content; AP Photographers To Shoot Stock; Photononstop Leading Independent Agency in France; New Positions For Experienced Professionals.
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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.