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Articles from July 2003

Getty Images On Track For Best Year Ever

By Jim Pickerell | 3490 Words | Posted 7/25/2003 | Comments
Getty reported second quarter 2003 revenue of $127.7 million, down slightly from the $130.3 million in first quarter 2003. Net income was $0.23 per diluted share. There was a significant shift in RF/RM sales mix in the direction of Royalty Free. The company expects revenue in the range of $505 million to $515 million for all of 2003.

NFL To Close Photo Library

By Jim Pickerell | 1840 Words | Posted 7/17/2003 | Comments
The NFL intends to close its publishing office and its still photo library, NFL Photos, by the end of the 2003 football season. Both Getty and Corbis have expressed some interest in taking over the operation, and other options are being considered. All the images are owned by the hundreds of photographer that NFL Photos represents.

Iconica

By Jim Pickerell | 1267 Words | Posted 7/17/2003 | Comments
The Japanese company, Amana, that markets the Photonica brand in the West has launched a new brand called Iconica. Iconica images, while contemporary, are much more illustrative and subject based than the typical conceptual Photonica image. They are more focused toward classic concepts and explore metaphors and ideas. Iconica also has a new model for handling exclusive licenses.

RF Seat Licenses

By Jim Pickerell | 1286 Words | Posted 7/17/2003 | Comments
Think RF prices are too low? Some photographers who shoot RF for Getty brands are finding that sales reports show single image licenses of over $1,000 and others in the $850 and $650 range. How's that possible? Nobody has list prices for single images that are that high!! Find the answer in this story.

Leading Stock Photo Sellers

By Jim Pickerell | 1239 Words | Posted 7/9/2003 | Comments
This story lists leading stock agencies and divides them into three categories -- those that I believe have annual gross revenue in excess of $20 million; those with revenues between $5 million and $20 million and those with revenues between $1 million and $5 million.

Vitucci To ImageState

By Jim Pickerell | 289 Words | Posted 7/9/2003 | Comments
ImageState has appointed Michele Vitucci as its Chief Operating Officer. Vitucci was formerly Managing Director of Getty Germany and Getty Europe. ImageState also announced that the Company is still losing money and that further cost reductions coupled with revenue growth are required to achieve breakeven.

July 2003 Selling Stock

By Jim Pickerell | 8272 Words | Posted 7/1/2003 | Comments
This issue contains stories on: A21 to Acquire Superstock, RF Metamorphosis, Zefa Moves to London, Marketing Images in Japan, Image State Revenue Down, Stock Boston Strategy, CEPIC 2003 Congress, Rex and Olycom Partner, New Release from Hemera, Getty Assignment Program, Corbis Royalty Payments, Print and Prepress Trends, Color Management and Keywording and Broccoli.

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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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