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Articles from August 2013
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.
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.
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.
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.
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.
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
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.
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.
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 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.
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.
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.
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.
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 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.
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.
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.
, 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.
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.