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Articles from March 2008

a21 Files 2007 Results

By Jim Pickerell | 884 Words | Posted 3/31/2008 | Comments
On the last day of Q1 2008, a21, Inc. reported its 2007 results of $23,306,000 up from $19,633,000 in 2006. However, this growth is somewhat misleading as about 50% of the company's business comes from Art Select, which provides wall art for homes and businesses. The Art Select division was acquired in the middle of Q2 2006. Thus, a full year's sales are not reflected in a21's 2006 revenue.

The Stock Asylum Closes Doors

By Jim Pickerell | 205 Words | Posted 3/31/2008 | Comments
The Stock Asylum, an online site that has provided news and analysis of the stock photo industry for the past five years, has announced that it will discontinue operations on April 6.

Getty Images Discloses Another Potential Buyer and iStock Revenues

By Julia Dudnik Stern | 736 Words | Posted 3/29/2008 | Comments
According to the transaction statement filed by Getty Images with the U.S. Securities and Exchange Commission last Thursday, negotiations are still ongoing with a potential buyer other than Hellman & Friedman. The document also discloses, for the first time, the revenues of Getty-owned microstock business iStockphoto and other business segments.

Photostockplus Offers 85% Photog Commission

By Julia Dudnik Stern | 57 Words | Posted 3/28/2008 | Comments
Montreal-based photostockplus.com offers photographers a turn-key online platform with two products: a stock-licensing operation, and a package geared toward events such as weddings.

Panasonic Sponsors Ongoing UNESCO Photo Project

By Julia Dudnik Stern | 349 Words | Posted 3/28/2008 | Comments
Panasonic, the flagship brand of Matsushita Electric Industrial, has renewed a three-year sponsorship contract of Our Place-World Heritage, a photo project that aims to build a photo library of the world’s historic sites. The Osaka-based company, which recorded revenues of over $77 billion last year, is the project's principal financial sponsor.

LOOK Adds 3 Brands

By Julia Dudnik Stern | 43 Words | Posted 3/27/2008 | Comments
California stock agency LOOK Photography now distributes select rights-managed and royalty-free images by Narratives, Red Cover and Quick Image.

BrightQube Launches Carbon Offset Program, Reports Growth

By Julia Dudnik Stern | 450 Words | Posted 3/27/2008 | Comments
BrightQube, a stock-image distributor and search engine founded in 2007, has launched a carbon-reduction program. The company will purchase TerraPass carbon offset credits that correspond to the amount of time buyers spend on its Web site for the duration of the program. All buyer activities will be taken into account, from setting up free accounts to building lightboxes and purchasing images.

Buyers Discuss Trends at DRR/ASMP Panel

By Julia Dudnik Stern | 245 Words | Posted 3/26/2008 | Comments
Last week, Digital Railroad and the Midwest chapter of the American Society of Media Photographers organized a Chicago image-buyer roundtable. The panel included local advertising, corporate and publishing executives, who offered a rosy perspective on the state of the stock-licensing industry.

James Alexander to Lead Jupiterimages

By Julia Dudnik Stern | 61 Words | Posted 3/26/2008 | Comments
James Alexander, the former head of Adobe’s failed stock-image operation, has joined Jupitermedia as senior vice president and general manager of Jupterimages.

AP Taps Guinevere Smith for Entertainment Editor

By Julia Dudnik Stern | 90 Words | Posted 3/26/2008 | Comments
The Associated Press continues on the quest for domination of the sports and entertainment image segments. After moving longtime executive Daniel Becker to a newly created director post for entertainment content, AP replaced him with Getty Images’ veteran Guinevere Smith.

Stock Image Revenue From Ad Clicks

By Jim Pickerell | 854 Words | Posted 3/26/2008 | Comments (1)
The PicApp licensing model has caused great concern among photographers in recent days, but it could well be the forerunner of the best way for photographers to earn money in the future.

Maximizing Search Return

By Jim Pickerell | 725 Words | Posted 3/25/2008 | Comments (2)
Many image producers and distributors like to show slight variations of a situation on the theory that some customers may want a horizontal rather than a vertical, or a different expression, or a medium shot vs. a close-up. But to maximize sales of all subjects it is extremely important to be cognizant of the search engine's strategy for delivering search returns.

JaincoTech Offers 75% Off New Post-Production Service

By Julia Dudnik Stern | 93 Words | Posted 3/25/2008 | Comments

EPUK Launches Copyright Action

By Julia Dudnik Stern | 164 Words | Posted 3/25/2008 | Comments
Editorial Photographers of U.K. and Ireland, an independent membership-based group and email list, is spearheading a grassroots copyright campaign. The first step is a new Web site, Copyright Action, a "community and educational resource that aims to become the intellectual property equivalent of Crimestoppers," according to EPUK.

U.S. Ad Market Sputters

By Julia Dudnik Stern | 317 Words | Posted 3/25/2008 | Comments
The latest report from TNS Media Intelligence, a research firm specializing in advertising and marketing information, says the ad market continued to sputter at the end of 2007. The year ended with $148.99 billion in ad revenue, a 0.2% increase of ad spending since 2006. TNS senior vice president of research Jon Swallen describes the market as stalled and "engulfed by the spreading pessimism about general economic conditions."

AP Vies for Larger Share of Sports, Celeb Biz

By Julia Dudnik Stern | 492 Words | Posted 3/24/2008 | Comments
News agency AP is shifting focus, taking a primary role in covering sports and entertainment news worldwide and across all platforms.

Henning to Teach Stock Photo Course

By Julia Dudnik Stern | 92 Words | Posted 3/21/2008 | Comments (1)

PicApp Launches Public Beta Site

By Julia Dudnik Stern | 342 Words | Posted 3/21/2008 | Comments
After several months of private beta-testing, PicScout's ad-supported image application is open to the public. While still officially in beta, PicApp now offers bloggers and publishers access to free editorial and creative imagery.

Search Problems At Getty

By Jim Pickerell | 734 Words | Posted 3/21/2008 | Comments
Since the launch of Getty's new search engine last August, several image partners have become increasingly unhappy with the falloff in revenue their images generate and how low their images appear in the search return order.

Fotolia, Quark Launch Ad Design Contest

By Julia Dudnik Stern | 49 Words | Posted 3/20/2008 | Comments

Magnum Photog Philip Jones Griffiths Dies

By Julia Dudnik Stern | 58 Words | Posted 3/20/2008 | Comments

Image Source Reps Cultura

By Julia Dudnik Stern | 73 Words | Posted 3/20/2008 | Comments

Pro-Imaging Campaigns Against U.K. Government

By Julia Dudnik Stern | 607 Words | Posted 3/20/2008 | Comments
Pro-Imaging, a Abergavenny-based professional photographer organization with a global membership base, has issued a protest against One NorthEast, the U.K. Regional Development Agency for the Northeast of England and part of the U.K. Department for Business, Enterprise and Regulatory Reform. Pro-Imaging is challenging the terms of entry to One NorthEast's Student Challenge 2008, which invites submissions of creative ideas with a regional theme.

Getty Images: Good News, Bad News

By Julia Dudnik Stern | 340 Words | Posted 3/19/2008 | Comments
Within days of each other, two U.S. government agencies issued decisions in ongoing proceedings concerning Getty Images. On March 13, the U.S. Securities and Exchange Commission closed its 16-month inquiry into Getty Images' equity compensation grant practices. On March 18, the Federal Trade Commission cleared the way for the company to go private. Despite the good news, Getty still has to contend with several lawsuits.

WIPO Struggles With Legal Updates

By Julia Dudnik Stern | 420 Words | Posted 3/18/2008 | Comments
The World Intellectual Property Organization continues to labor over the updates needed to international laws, which have been greatly affected by technological developments. Though the March session of WIPO's copyright committee reported little progress, issues like orphan works are beginning to make it onto the global IP agenda.

SEC Closes Getty Stock Options Inquiry

By Jim Pickerell | 104 Words | Posted 3/18/2008 | Comments
The Division of Enforcement of the Securities and Exchange Commission has notified Getty Images that it has closed its informal inquiry into the company's stockoption grant practices without recommending any enforcement action against the company, or any individuals associated with the company.

Jupitermedia Revs Rise In Q4

By Jim Pickerell | 612 Words | Posted 3/18/2008 | Comments

X-Rite and Pantone Launch ColorMunki

By Julia Dudnik Stern | 132 Words | Posted 3/17/2008 | Comments
X-Rite, the Grand Rapids, Mich.-based color-management company that recently acquired Pantone, has introduced the ColorMunki product brand. Targeting the professional photography and design communities, the products ensure accurate color from inspiration to final output.

iStockphoto Extends Partnership With Microsoft

By Julia Dudnik Stern | 242 Words | Posted 3/17/2008 | Comments
iStockphoto is extending a year-old program that makes low-resolution images freely available to Microsoft Office users. Due to the success of the pilot, the two companies plan to increase the number of available images and expand the program to new languages and countries.

Pros, Cons of Setting Your Own Price

By Jim Pickerell | 611 Words | Posted 3/17/2008 | Comments
Moodboardunlimited's "You Set The Price" strategy is intriguing. The tremendous advantage is that the company will never lose a customer due to price, and the offer should attract new customers. However, there are at least three significant disadvantages.

Masterfile Hires COO

By Julia Dudnik Stern | 61 Words | Posted 3/14/2008 | Comments

Red Cover Launches RF Collection

By Julia Dudnik Stern | 48 Words | Posted 3/14/2008 | Comments

Spitfire Photo Partners With JaincoTech

By Julia Dudnik Stern | 97 Words | Posted 3/14/2008 | Comments
Clients of San Francisco media-management company Spitfire Photo now have access to the digital imaging services of JaincoTech.

PhotoShelter Debuts New Look, Takes on Digital Railroad

By Julia Dudnik Stern | 710 Words | Posted 3/13/2008 | Comments
In a world of ailing giants and their low-priced rivals, 3-year-old PhotoShelter is beginning to look like a serious contender for shooters and buyers seeking alternatives.

New World of Micro-targeted Communications

By Jim Pickerell | 640 Words | Posted 3/13/2008 | Comments
The information world is moving rapidly toward more customized and targeted communications, which will dramatically affect how photographers market and promote images.

Of Stock and Politics

By Julia Dudnik Stern | 605 Words | Posted 3/12/2008 | Comments
Politics is big business for image producers, and a U.S. election year can be particularly lucrative. It is not surprising that stock, news and photojournalism agencies make a significant investment in producing and marketing relevant content. The quantity of such offerings corresponds to market demand, which is now at an all-time high.

Jupitermedia Acquires eStockMusic

By Jim Pickerell | 91 Words | Posted 3/12/2008 | Comments
With the acquisition of eStockMusic.com, Jupitermedia Corp. has added online music, for as low as $1.00, to its micropayment offering of royalty-free still photos, illustrations and footage available through Stockxpert.com.

CEPIC to Host Second Metadata Conference in Malta

By Julia Dudnik Stern | 248 Words | Posted 3/11/2008 | Comments
"Metadata for Better Business," the 2nd International Photo Metadata Conference, will be held June 5, during the 2008 CEPIC Congress in Malta.

PACA Renames Copyright Program after Jane Kinne

By Julia Dudnik Stern | 221 Words | Posted 3/11/2008 | Comments
The Picture Archive Council of America is renaming its Copyright Education Program in memory of Jane Kinne, a lifelong photographers' rights advocate who passed away Nov. 3.

age fotostock Expands to Singapore

By Julia Dudnik Stern | 122 Words | Posted 3/10/2008 | Comments
Barcelona-based age fotostock has partnered with Stock Xchange, an image agency and production company that will represent the age fotostock and pixtal brands in Singapore.

Bold Endeavours Launches e-Commerce Software

By Julia Dudnik Stern | 99 Words | Posted 3/7/2008 | Comments

Mochila Releases Ad-Supported Slideshow Player

By Julia Dudnik Stern | 363 Words | Posted 3/7/2008 | Comments
Mochila, an online content marketplace, has released an ad-supported slide-show player for photos. The 300-pixel-wide widget allows publishers to embed static or dynamic image-content into their Web sites, free of charge.

Is RPI A Useful Measure?

By Jim Pickerell | 673 Words | Posted 3/7/2008 | Comments (1)
Companies offering stock images for sale need to continually provide customers with new material and a greater "depth of choice." But as growth in number of images exceeds growth in revenue, RPI automatically falls. The problem is that older images in the count have less chance of selling and that skews the averages.

Getty's Future Impacts Industry

By Jim Pickerell | 687 Words | Posted 3/7/2008 | Comments (2)
With Getty Images going private, others in the industry will lose access to valuable data that has helped them keep up with future industry trends. Without access to Getty's detailed quarterly figures, it will be nearly impossible to make long-range industry projections.

BAPLA PBF Opens for Buyer Registration

By Julia Dudnik Stern | 70 Words | Posted 3/6/2008 | Comments

New York Hosts International Photo Festival

By Julia Dudnik Stern | 330 Words | Posted 3/6/2008 | Comments (1)
The inaugural New York Photo Festival, the brainchild of Daniel Power of powerHouse Books and Frank Evers of VII Photo Agency, will take place on May 14- 18, 2008, in the DUMBO neighborhood of Brooklyn's waterfront.

TopFoto Places Images in Historic Context

By Julia Dudnik Stern | 219 Words | Posted 3/5/2008 | Comments
Leading U.K. editorial stock-house TopFoto has reinvented image-search by adding a time component. TimeSearch places the agency's collection of images in their historic context, offering clients that need to illustrate an era, an event or other subject matter a fast and easy way to find stock.

GoGo Goes Direct

By Julia Dudnik Stern | 593 Words | Posted 3/5/2008 | Comments
Since 2006, the production of multicultural-image agency GoGo Images has been distributed global through over 100 partners. Now, GoGo founders and Corbis alumni Joe Barrett and Jennifer Hurshell have decided the company is ready to go directly to the client with a new boutique Web site.

PhotoShelter Launches Flickr Import Tool

By Jim Pickerell | 569 Words | Posted 3/4/2008 | Comments
PhotoShelter Inc. has made it possible for photographers with a Flickr Pro-level account to easily upload a copy of some or all of their images to the PhotoShelter Personal Archive (PSPA) and begin distributing them for commercial use.

Sony Launches Royalty-Free Music Service

By Julia Dudnik Stern | 63 Words | Posted 3/4/2008 | Comments

The Cover Story Launches Campaign With New Site

By Julia Dudnik Stern | 237 Words | Posted 3/4/2008 | Comments
The Cover Story, an Amsterdam-based journalism and photography agency, has launched a new Web site. According to managing sirector JP Douma, this is the first step of a new corporate strategy to strengthen The Cover Story brand globally.

Facebook Claims License to User Photos

By Julia Dudnik Stern | 502 Words | Posted 3/3/2008 | Comments
Facebook, a popular social-network site, remains in the middle of a prolonged controversy arising from the its terms and conditions of use. Last November, users protested Facebook's liberal sharing of personal data. Now the anger has spread to images.

Maximizing Revenue For RM

By Jim Pickerell | 841 Words | Posted 3/3/2008 | Comments
The primary reason for offering images as RM rather than RF is the hope of earning tens of thousands of dollars from a single sale. But the number of such sales is infinitesimal. Stock image sellers should consider whether it's better to have two separate types of RM images. The two divisions of RM would be Rights Managed Non-Exclusive (RMN-E) and Rights Managed Exclusive (RME).

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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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