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Articles from August 2013

Good News: $415,000 Photo Sale

By Jim Pickerell | 191 Words | Posted 8/29/2013 | Comments (2)
In this time of ever declining stock photo prices it is great when we can report a significant license fee for stock images. Last week one of the remaining, small, independent photo agencies negotiated a campaign of global scope entailing unlimited print, web and marketing uses of 7 images for a period of 10 years for a total fee of $415,000.

Offset: New Market For Traditional RF And RM Images

By Jim Pickerell | 441 Words | Posted 8/29/2013 | Comments
Many traditional RF and RM agencies and production companies are adding images to the Offset collection. I’ve found images from Blend, Aurora, Tetra, National Geographic, Westend61, fStop, Johner, Gallery Stock, Cavan Images and Radius Images in the few searches I’ve conducted.

Video Ad Spending: Moving From TV To Online

By Jim Pickerell | 348 Words | Posted 8/28/2013 | Comments
At the recent Interactive Advertising Bureau’s 2013 Digital Content NewFronts conference in New York 75% of the senior executives attending said they plan to shift more of their advertising budget from television to digital video ads over the next year.

Shutterstock Images Available FREE To Facebook Advertisers

By Jim Pickerell | 417 Words | Posted 8/23/2013 | Comments (2)
Shutterstock has done a deal with Facebook that will give businesses that advertise on Facebook FREE access to the Shutterstock library that now totals more than 28 million images. Each time a Facebook advertiser licenses a Shutterstock image the Shutterstock artist will earn a royalty – presumably the $0.25 to $0.40 subscription rate.

Who Shot The Photographer?

By Jim Pickerell | 575 Words | Posted 8/23/2013 | Comments (2)
ImageBrief that connects creative and marketing professionals to a curated network of more than 7,500 professional photographers in 115 countries has published an infographic  that outlines some of the risks professional photographers face in the current market.

Photographic Community Opposes Instagram Terms of Use

By Jim Pickerell | 253 Words | Posted 8/23/2013 | Comments
The American Society of Media Photographers, joined by National Press Photographers Association (NPPA), The Digital Media Licensing Association (PACA), American Photographic Artists (APA), This Week in Photography (TWiP), Professional Photographers of America (PPA), Coordination of European Picture Agencies Stock, Press and Heritage (CEPIC), Graphic Artists Guild (GAG) and American Society of Picture Professionals (ASPP), has mounted a campaign to address the far-reaching Terms of Use of the image sharing service Instagram.

Getty’s Strategic Decisions

By Jim Pickerell | 2159 Words | Posted 8/22/2013 | Comments (2)
Getty Images has made a number of strategic decisions in the past few years that have resulted in declines in both its “Creative” (RM and RF) and microstock lines of business. These decisions have also aided Shutterstock in its rise to a commanding position in the market with its subscription licensing model. I want to emphasize that when I talk about declines I am not referring to Getty’s other lines of business - Editorial, Footage, Other or B2B music – which as far as I can tell are still growing.

Thinkstock vs. Shutterstock

By Jim Pickerell | 1927 Words | Posted 8/20/2013 | Comments
Getty Images has watched the rise of Shutterstock – to the company’s chagrin – and is trying to build Thinkstock to a position where it can take market share away from Shutterstock. Read this story to see why I think Getty is unlikely to be successful and why their fortunes are likely to further decline.

Getting Paid After Your Photos Are Used

By Jim Pickerell | 1433 Words | Posted 8/16/2013 | Comments (1)
Photographers who are licensing their images based on usage (RM) need to give some careful thought to the lag time between creation and when they are likely to see any money. This is particularly true if they are licensing their images through an agency as the lag time seems to be getting longer and longer.

ASMP Issues "The Instagram Papers"

By Jim Pickerell | 858 Words | Posted 8/15/2013 | Comments (1)
ASMP has published “The Instagram Papers,” a very valuable analysis of Instagram Terms of Service. Every photographer who is considering posting images on Instagram, wants to retain control of his/her images and hopefully earn some money from them should be familiar with the information in this report.

Blend Images – The Blog!

By Jim Pickerell | 495 Words | Posted 8/14/2013 | Comments
Looking for inspiration? Check out Blend Images The Blog! at blog.blendimages.com for amazing photos, illustration, graphics and fine art. For a little over a year now the stock photo production company has been regularly showing small collections of the work of amazing visual artists. The works are not limited to photography, but include, illustration, painting, collage, architecture, music, video and more.

Getty Puts OJO Images On iStockphoto

By Jim Pickerell | 787 Words | Posted 8/12/2013 | Comments
Getty Images has made the OJO Images available on iStockphoto. The images are now “exclusively” available on the Getty Images network of  sites and select partners. The full collection boasts nearly 31,000 premium files, which will grow to nearly 45,000 by the end of October.

Foap Raises $1.5 Million

By Jim Pickerell | 178 Words | Posted 8/12/2013 | Comments
Swedish mobile photography startup Foap has secured $1.5 million in funding that will go towards further growing the company. The company will be taking its first steps into the American market by opening an office in New York in September.

Is Crowdsourced Photojournalism The Future?

By Jim Pickerell | 1156 Words | Posted 8/9/2013 | Comments
Many expect users of mobile phones with decent cameras with constant connectivity to the world to be the next disruptors of the stock photography business. Crowd sources photojournalism is expected to cut into the business of the long-suffering professional news photographers. Here are some thoughts as to why crowd-sourced mobile photography may not be the boom angel investors are hoping for.

Shutterstock Q2 Revenue: $56.8 Million

By Jim Pickerell | 596 Words | Posted 8/8/2013 | Comments (1)
Shutterstock has reported a record 24.3 million downloads and $56.8 million in revenue in Q2 2013. Revenue per download grew 5% year-over-year to $2.33. This was driven by a continued shift toward on demand, direct sales and footage downloads, all of which carry a higher effective price-per-download. The Shutterstock collection has grown to more than 28 million images and over 1 million video clips.

Facebook Infringments

By Jim Pickerell | 137 Words | Posted 8/8/2013 | Comments
Has someone grabbed one of your images and posted it on Facebook without your permission? On the Stockphoto blog Stacy Walsh~Rosenstock recently outlined a simple procedure for getting your image off the offending page.

Getty Statistics

By Jim Pickerell | 701 Words | Posted 8/6/2013 | Comments
Recently, in testimony on the importance of copyright before the House Intellectual Property Subcommittee John Lapham, Senior Vice President, General Counsel of Getty Images, provided some useful statistics about Getty’s operation.

Stipple Partners With Getty Images

By Jim Pickerell | 584 Words | Posted 8/1/2013 | Comments
Stipple, the leader in image-based advertising and e-commerce, (see previous story) has partnered with Getty Images to help advertisers better reach their image audiences and to help publishers monetize photos more efficiently.

Footage.net Exceeds Three Million Clips

By Jim Pickerell | 222 Words | Posted 8/1/2013 | Comments
Footage.net has compiled a collection of stock footage clips that number more than 3 million and includes collections from Getty Images, FootageBank, Framepool, CNN ImageSource and Shutterstock.

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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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