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Using numbers from Getty Images it is interesting to look back at the RM and RF unit sales and revenue trends over the last decade. Between 2003 and 2007 when Getty was a public company they provided investors with very precise gross revenue and average price per image figures. This made it possible to make a reasonable estimate of the number of images licensed in each category.
has adopted Solr search technology to power its online stock footage search and screening platform. The newly deployed search engine allows Footage.net to better manage huge datasets, organize diverse metadata fields, perform a vast number of simultaneous searches and filter search results dynamically. It's also extremely fast, significantly expediting the footage search and discovery process for Footage.net's global user base.
Did you know that it is illegal to license for commercial use pictures of hundreds of the most popular, beautiful and interesting venues around the world? In many cases it is also illegal to use such pictures for editorial purposes.
In the case of Grant Heilman Photography
, Inc. vs. McGraw-Hill Companies, Inc. before Judge Michael M. Baylson in the United States District Court for the Eastern District of Pennsylvania a jury has found in favor of Grant Heilman and awarded them the amount of $127,087 for the unauthorized use of a total of 53 images.
Many stock agencies focus on the number of images they have in their collections. But does the customer really care? Rather than numbers, I think the customer is looking for where they can find (1) the right image, (2) quickly and easily and (3) at a price they can afford. Often sheer numbers don’t produce the best results.
Search for your name on Images.Google.com
. You may be surprised at the results. And there may be money waiting for you.
I recently received a note from a frustrated Getty Images RM photographer who has been with Getty since they acquired Tony Stone Images in the 1990s, and whose images have earned millions of dollars for Getty in more than two decades. This photographer would like to contribute more images to the RM collection, but is limited to 20 images per-quarter. Images were recently returned to him because he submitted them before the beginning of the new quarter.
Getty Images appears to be trying to drive its www.gettyimages.com
customers to iStock where the customers can get images for a fraction of what they would cost on Gettyimages.com.
Here are answers from Charles Taylor to a few follow-up questions I asked after publishing the GDI story
has announced the release of a new personalization feature, as well as a new social media function.
At the International Photojournalism Festival in Perpignan earlier this month and in a later press announcement GDI Media Limited announced the aim to consolidate many smaller independent picture agencies into a single publicly traded company that will be traded on the AIM stock exchange
in the UK.
Yesterday, I outlined how iStock’s new pricing strategy
may affect contributors. But, the bigger worry for iStock exclusive contributors and Getty Images may be what happens on gettyimages.com
. Here’s why.
Over the weekend iStock
launched its new prices to compete with Shutterstock
. The following chart shows the credit packages available at both iStock and Shutterstock and the average price per credit.
Are your Getty Images sales declining? It may have nothing to do with the quality of your images, the subjects you shoot or your keywording. It could be that customers rarely, if ever, get a chance to see your images. Currently Gettyimage.com
has 4,278,804 RM and 6,034,642 RF images on the site for a total of 10,313,446 in the creative section of the site. Getty has images from 103 different RM collections and 98 RF collections.
a viable market for stock photographers? It advertises itself as offering “Inspirational Royalty Free Photos” and certainly there are some beautiful images in the collection.
Computerworld reports that following a lawsuit from Getty Images
, Microsoft has temporarily removed the beta of the Bing Image Widget
from its website. However, for those people who uploaded the Widget prior to the Getty challenge the Widget still works.
Reuters reports that Getty Images claimed in a lawsuit filed in federal court in New York on Thursday that a new Microsoft product that allows website publishers to embed digital photographs on their sites is a “massive infringement” of copyrighted images.
Getty Images has pulled together from its many collections a group of images that they call Getty Images Prestige
. They say it is a “carefully curated selection of the world's most powerful imagery. Prestige images are distinguished by their unique aesthetic approach, exceptional craftsmanship and uncompromising quality - all available for use exclusively.”
On September 13th iStock
will “throw-in-the-towel” and adopt the Shutterstock
licensing strategy that all images should be equal in price regardless of the quality of the image or the cost of production. They will discontinue their practice of pricing based on file size delivered, and of having multi-tier price categories.
Be sure to read Getty Images CEO, Jonathan Klein’s comments
in James Estrin’s interview that appeared in the New York Times August 27th. Among the key takeaways are:
Over the years Flickr has built a very popular photo site that has attracted over 6 billion images from image creators. Many of these images (probably a very small percentage of the total) are excellent, marketable images. So good, in fact, that since 2008 Getty Images has added almost 900,000 of them to its Creative Stills collections.
has a specialized image collection that is in high demand for wall and poster art. Their subjects include: Healthcare and Biomedical Science, Armed Forces, Military Aviation, Space, Weather, Astronomy and Dinosaur Art
has reported $80.2 million in revenue and total downloads of 31.5 million for Q2 2014. About 28 percent of the revenue was paid out to contributors in royalties. At the end of the quarter the company had 478 employees worldwide.
has opened an office in San Francisco at 180 Sansome Street will provide the company with an expanded presence in Silicon Valley. This connection to the area's top-tier technology talent will prove invaluable as the firm continues to offer innovate tools for its users such as the Dreamstime Companion App and WordPress plugin.
has announced to its community of image creators that it will be offering a licensing option, but it has failed to explain when it will happen or exactly how it will work.