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Articles from April 2016

Does Exclusive Representation Still Make Sense?

By Jim Pickerell | 1162 Words | Posted 4/29/2016 | Comments (3)
Being represented exclusively by a single agency, or distributor, used to be important if you wanted a chance to license your images for high dollars for advertising or product identity uses. These customers wanted assurance that no one else would be using the same image while their campaign was in progress and they were willing to pay a lot of money for such rights.

Top Footage Distributors

By Jim Pickerell | 193 Words | Posted 4/28/2016 | Comments (2)
More and more photographers have started to produce stock footage as a way to grow their business. Clearly, there is increasing demand for video clips as well as a greater need for video than still images. One of the questions I’m frequently asked is “What are the best companies to represent my work?”

Corbis Transition Almost Complete

By Jim Pickerell | 600 Words | Posted 4/28/2016 | Comments
Getty has supplied Corbis contributors with the information below. For many the most important information is that after May 2nd Corbis contributors who have not signed a separate agreement with Getty Images will be released from their contributor contracts and all survival periods will be waived.

Getty Files Google Image Piracy Complaint With EU

By Jim Pickerell | 779 Words | Posted 4/27/2016 | Comments
Getty Images has filed a competition law complaint with the European Commission against Google Inc. The complaint follows Getty Images’ submission in June 2015, when it joined as an interested third party in support of the European Commission’s existing investigation into Google’s anti-competitive business practices.

Uberization Of Stock Photography

By Jim Pickerell | 755 Words | Posted 4/26/2016 | Comments
The take over of the stock photography business by amateurs and part-timers is not new, but the long range implications are worth considering.

Drastic Royalty Cuts Change Photogs View Of 500px

By Jim Pickerell | 749 Words | Posted 4/21/2016 | Comments
In 2014 500px introduced (500pxprime.com), a licensing arm of its global online photography community that was launched in 2009 for the purpose of sharing and discovering images. Initially, prices were $50 for web use and $250 for print uses. The royalty share started out at 70%, but now it has been cut to 30%. Photographers are not happy with the pay cut.

Shutterstock Partners With Starpix

By Jim Pickerell | 311 Words | Posted 4/20/2016 | Comments
Shutterstock has signed a 3-year exclusive worldwide distribution agreement with Starpix, a boutique celebrity, red carpet and event photo company that provides photo coverage on the East coast for leading film studio clients and publishers.

Shutterstock Partners With PR Newswire

By Jim Pickerell | 443 Words | Posted 4/20/2016 | Comments
Shutterstock has announced a partnership with PR Newswire that will provide its customers with access to the Shutterstock 83 million+ image library of licensable photos.

Good News For Corbis Photographers

By Jim Pickerell | 343 Words | Posted 4/19/2016 | Comments
Some Corbis photographers whose images have been integrated into the Getty Images collection tell me that their images are appearing high in the search-return-order for searches of their particular subject matter.

Corbis Acquisition by VCG/Getty Images

By Jim Pickerell | 139 Words | Posted 4/15/2016 | Comments
This story provides links to several stories that relate to the Visual China Group (VCG) acquisition of Corbis and the role Getty Images has been assigned in the transfer of Corbis assets to the Getty Images collection. Getty’s collection was marketed in China by VCG before the sale. The new enlarged collection with the addition of some Corbis images will continue to be marketed in China by VCG.

Shutterstock Contributor App Upgraded

By Jim Pickerell | 146 Words | Posted 4/15/2016 | Comments
The Shutterstock Contributor App that contributors may obtain from the Apple App store has been upgraded to allow contributors to directly attach, upload and manage model and property releases to their images from their phones.

How Low Can Prices Go?

By Jim Pickerell | 1340 Words | Posted 4/14/2016 | Comments (2)
How low can prices go? Is the volume of images used more important than earning money when an image is used? Must we accept whatever the customer is willing to pay, or is it possible, at some point to say NO? If there is such a point where is it? Most photographer will agree there is some point where the people representing our images should say NO, but there is big disagreement on where that point should be.

Where Stock Photo Industry Is Headed

By Jim Pickerell | 903 Words | Posted 4/13/2016 | Comments (3)
I was recently asked for my views on where the stock photo industry is headed over the next few years, the value of the industry at present, and how I think the major players will adapt to the growing availability of user-generated content. Here’s my answer.

What Getty Customers Need

By Jim Pickerell | 1427 Words | Posted 4/12/2016 | Comments
In recent seminars and webinars Getty provided contributors with information about buyer activity and tried to help them understand what customers need. One of the most important bits of information was that Getty is currently licensing rights to 10 RF images for every 1 RM. For years the average licensing fee for an RM image has been about 2.5 times that of an RF image. While the royalty share of an RM sale tends to be higher than an RF sale (about 35% to 20%) at a 10 to 1 ratio creators are likely to earn significantly more licensing their images as RF than as RM.

Megapixl.com Launched

By Jim Pickerell | 455 Words | Posted 4/12/2016 | Comments
Dreamstime, has launched Megapixl.com, a new website that utilizes machine learning to offer more refined stock image choices based on past user behaviors. This artificial intelligence (AI) utilizes past behavioral data garnered from millions of designers in order to determine which content is the most relevant and suitable for the individual user.

Veer Closed: Corbis Will Close May 2nd

By Jim Pickerell | 442 Words | Posted 4/7/2016 | Comments
Veer has closed its doors and photographers have been released from any contractual obligations they had with Veer. Images belong to Veer photographers have not been automatically migrated to iStock, but photographers can request a transfer and sign a new iStock contract if they wish. Effective May 2, 2016, the Corbis Images and Corbis Motion businesses and websites will no longer be accessible.

Finding The Right Image

By Jim Pickerell | 231 Words | Posted 4/7/2016 | Comments
Many think search will be solved with better Metadata. While metadata is important, there are limits to how far it can take the customer toward finding the right piece of content. This story provides links to a number of previous stories that deal with this issue.

Time: A Factor In Creativity

By Jim Pickerell | 1027 Words | Posted 4/6/2016 | Comments (1)
Time is becoming an increasing important factor for art directors and image buyers. Bosses and customers are demanding more output and giving the art director less time to produce results. The time it takes to find the right (well maybe, just usable) image is an increasingly important factor to be considered.

Released: Do You Use It As A Keyword?

By Jim Pickerell | 698 Words | Posted 4/4/2016 | Comments (1)
A photographer recently called to my attention a keywording anomaly that those who want their images found might want to consider. The photographer said that when he prepares for a trip to another country he searches some of the popular photo sites for the country and the keyword “released.”

Avalon: Consolidation Of Small Agencies

By Jim Pickerell | 263 Words | Posted 4/4/2016 | Comments (1)
Charles Taylor is still trying to put together a company that will consolidate many smaller independent picture agencies into a single publicly traded company that will be traded on the AIM stock exchange in the UK. Back in 2014 Taylor’s organization was called GDI Media Limited. The new version is called Avalon. More about it can be found here.

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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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