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Articles from May 2014

Is Volume Production Necessary To Grow Revenue?

By Jim Pickerell | 1362 Words | Posted 5/28/2014 | Comments (1)
Most agencies are constantly trying to add new images to their collections, but a huge percentage of the images they already have are never licensed. Photographers are constantly encouraged to produce more and better pictures. If they cut back on production sales often decline. Since there is no way to be sure what customers will want in the future, agencies hope that if they keep adding new images they will eventually stumble onto something a future customer will want to buy.

Niche: A Topic For CEPIC

By Jim Pickerell | 868 Words | Posted 5/28/2014 | Comments
The CEPIC Congress in Berlin will start in about a week. Many of the attendees will be focused on finding other agents to represent and market their collections. For the most part that means that smaller libraries will be trying to get their small collection included in the massive collection of larger distributor (LD). Maybe it should be the other way around.

Image Source Announces 'Monday Sparks' Campaign For Creatives

By Jim Pickerell | 254 Words | Posted 5/28/2014 | Comments
Image Source, has launched an uplifting email marketing campaign designed to inspire creative professionals at the start of the working week. Subscribers will be treated to an email with a motivational, thought provoking message from specially selected experts in the creative industry every Monday, straight to their inbox.

CEPIC Congress

By Jim Pickerell | 616 Words | Posted 5/23/2014 | Comments
More than that 500 participants from more than 250 agencies and 33 countries will attend the CEPIC Congress in Berlin from June 5th through June 7th 2014. If you are not planning to attend check out what you will be missing.

DisabilityImages.com Represents Design Pics Imagery

By Jim Pickerell | 447 Words | Posted 5/21/2014 | Comments
DisabilityImages.com, a leading stock source for high quality stock images of real people with real disabilities, has agreed to represent selected imagery from Design Pics. DisabilityImages serves a select group of customers with narrowly focused and specific needs. The company has developed a strong reputation in this niche, and has a thorough understanding of the needs of customers within this community.

BVPA Members Reject CEPIC Image Finder

By Jim Pickerell | 777 Words | Posted 5/21/2014 | Comments
The annual general meeting of the German Association of Professional Image Suppliers (BVPA) has voted with a strong majority (only one dissenting vote) against supporting the CEPIC projects CIF and RDI. The panel came to the conclusion that the expected benefits of the projects, as presented at the meeting, do not outweigh the expected expense and risks.

EANA Supporting CEPIC Antitrust Complaint Against Google

By Jim Pickerell | 583 Words | Posted 5/20/2014 | Comments
The European News Agency Alliance (EANA) has joined the global coalition that supports a formal antitrust complaint against Google’s that has been filed with at the EU Commission. The complaint deals with the unlicensed use of third party pictures and was filed by CEPIC on 8 November 2013 on behalf of thousands of photographers and picture agencies.

New Photo Alliance In Nordic Region

By Jim Pickerell | 552 Words | Posted 5/20/2014 | Comments
TT News Agency, NTB, Scanpix Denmark and Scanpix Baltics have announced the formation of the Scandinavian Photo Alliance. The core of the new alliance is the former Scanpix group. The SPA expects to work on pan-Scandinavian initiatives spanning both editorial and commercial areas.
 

Is Pay-Per-View The Future For Web Use?

By Jim Pickerell | 419 Words | Posted 5/19/2014 | Comments
Blend Images and Danita Delimont Stock Photography have recently joined the IMGembed community. IMGembed went live in March 2013 and currently has millions of images in its collection. Previously, we have reported on Getty’s embedding strategy and PressFoto’s ImageRent. IMGembed offers another approach to the pay-per-view strategy for monetizing images.

HOW Design Live Take Aways

By Jim Pickerell | 815 Words | Posted 5/16/2014 | Comments (1)
I just returned from my first HOW Design Live conference, this year in Boston. HOW Design Live is billed as “the biggest annual gathering of creative professionals, anywhere.” This year over 3,300 professional buyers of photography from all over the U.S. and Canada made their way to Boston for the five-day event. The following are a few takeaways and insights I gained from the conference.

Shooting Photos On White? Amazon Owns The Patent

By Jim Pickerell | 648 Words | Posted 5/15/2014 | Comments
Did you know Amazon invented the process for photographing people against white backgrounds? The U.S. Patent and Trademark office recently awarded them a patent for this invention. If you’re trying to sell photos shot against a white background Amazon may want a piece of anything you earn!

How Well Do Old Images Sell?

By Jim Pickerell | 1148 Words | Posted 5/14/2014 | Comments (1)
Recently a subscriber asked, “how much newly produced professional content is licensed each year compared to content that is licensed more than a year after it was first made available for purchase?” Great question! As far as I know no agency collects such data, but it could be of tremendous value in helping agencies better understand what their customer's needs and in directing photographers as to what to shoot.

iStock To Pay Contributors 100% Of May 14th Sales

By Jim Pickerell | 109 Words | Posted 5/12/2014 | Comments
iStock has named May 14, 2014 “100% Royalty Day.” As part of it’s efforts to celebrate Small Business Week in the United States iStock will pay all exclusive contributors 100% of all revenue collected on May 14, 2014 through cash and credit card file downloads.

Time Warner Spins Off Time Inc.

By Jim Pickerell | 603 Words | Posted 5/11/2014 | Comments
Time Warner will spin-off Time Inc. on May 23, 2014. Shareholders of record at 5:00 p.m. on that date will receive one share of Time Inc. common stock for every eight shares of Time Warner common stock. For more details about the new company check out the SEC's Preliminary Information Statement of Time, Inc.

Shutterstock Reports $72.8 Million For Q1 2014

By Jim Pickerell | 836 Words | Posted 5/9/2014 | Comments
Shutterstock has reported $72.8 million in revenue and total downloads of 29.7 million for Q1 2014. About 28% of the revenue was paid out to contributors in royalties. At the end of the quarter the company has 407 employees worldwide and over 55,000 active contributors.

Magazine Print Ad Pages Down 4% In 2013

By Jim Pickerell | 707 Words | Posted 5/7/2014 | Comments
In 2013 there were 145,713 ad pages in the magazines measured by the trade organization Publishers Information Bureau.  It is worth noting that in 2000 this organization reported 286,932 ad pages – almost double the 2013 numbers -- for the magazines it tracks.

Getty Pushing RM/RF Buyers To Use iStock

By Jim Pickerell | 333 Words | Posted 5/7/2014 | Comments
A subscriber just pointed out that at the bottom of the search return page on www.gettyimages.com they are now encouraging customers to go to iStock. He did a search for travel and at the bottom of the first page after the customer has looked at only 100 thumbnails she is encouraged in big bold letters to:

Time Inc. Q2 2014 Advertising Revenue Down 7%

By Jim Pickerell | 304 Words | Posted 5/6/2014 | Comments
During Time Warner’s Q1 2014 earnings call Howard Averill, Executive Vice President and Chief Financial Officer of Time Warner said advertising revenue was down 7% and subscriptions were flat.

Dollar Photo Club Boycott

By Jim Pickerell | 626 Words | Posted 5/5/2014 | Comments
Microstock image contributors are removing images from Fotolia in a boycott of Fotolia’s Dollar Photo Club (DPC) subscription service. So far more than 400,000 images have been removed from Fotolia since April 25, 2014.

Motion Pictures Not A Growth Business

By Jim Pickerell | 190 Words | Posted 5/5/2014 | Comments
According to Variety Jeffrey Katzenberg, CEO of DreamWorks Animation recently told attendees at the Milken Global Conference in Beverly Hills that “Movies are not a growth business.” Within 17 days after a movie is released in theaters it will be available on TV and smartphones at much lower prices. This is bad news for theater owners.

Pink Lady® Food Photographer of the Year Award 2014

By Jim Pickerell | 381 Words | Posted 5/2/2014 | Comments
British photographer Tessa Bunney has been chosen Pink Lady® Food Photographer of the Year 2014 in the international photography competition. She received an award of £5,000.00 (approximately $8,000.00). The first prize in the StockFood-sponsored category “Food off the Press” for the best recently-published food photograph went to Caroline Martin for her still life “Roasted Pigeons.”.

ACSIL Elects New Co-Presidents, Hires New Executive Director

By Jim Pickerell | 358 Words | Posted 5/2/2014 | Comments
The Association of Commercial Stock Image Licensors (ACSIL), a trade association serving the interests of the world’s leading archival footage and stock licensors, has announced its newly elected Co-Presidents: Max Segal and Clara Fon-Sing.

Using Images To Mine Data

By Jim Pickerell | 1219 Words | Posted 5/1/2014 | Comments
It’s No Longer About The Image. It’s About The Data That Can Be Mined Using Images. The value of images is declining. The value of data that can be mined by tracking image use is increasing.

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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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