Agencies/Distributors

Low Slow Sales Growth For Shutterstock

By Jim Pickerell | 762 Words | Posted 2/15/2019 | Comments
Shutterstock will report its fourth quarter 2018 numbers on February 26, 2019. If the last three years are any indication, it is unlikely that there will be much evidence of additional sales growth. I’ve put together a chart of quarter-by-quarter sales since the beginning of 2014. The chart offers some interesting insights, particularly in regard to what has been happening in the last three years since the beginning of 2016.

Mint Images Distributing Spaces Images Collection

By Jim Pickerell | 143 Words | Posted 2/12/2019 | Comments
We missed the announcement last December that Mint Images had signed a worldwide exclusive distribution agreement with Spaces Images to represent the over 15,000 images its collection. These images are now available for direct licensing from Mint Images, and through Mint’s distribution partners around the world.

Dreamstime vs Google

By Jim Pickerell | 431 Words | Posted 2/8/2019 | Comments
U.S. District Judge William Alsup of the Northern District of California recently granted Google's motion to dismiss the antitrust claim filed by Dreamstime.com LLC but allowed claims of breach of contract and breach of covenant of good faith and fair dealing to move forward.

Getty Demanding Agencies Supply Them RM Exclusively

By Jim Pickerell | 611 Words | Posted 2/4/2019 | Comments
Sources tell me that Getty is demanding that U.S. agencies with RM images in its collection make those RM images fully exclusive through gettyimages.com. Otherwise Getty will terminate the Agreement. One theory for doing this is that Getty wants to be able to grant exclusive licenses through e-commerce sales. If Getty knows they have total control of a given image, then they would be able to grant exclusive licenses without the need to do any checking with the parent agency that represents the image to see if exclusive rights are available. This would be similar to the arrangement that Stocksy has with its photographers.

Mint Images Representing Londolozi Photography Collection

By Jim Pickerell | 380 Words | Posted 1/22/2019 | Comments
As of 1 September 2018, Mint Images obtained worldwide distribution rights for The Londolozi Photography Collection.  Both companies are very excited to be working together.  The collection is available for direct licensing from Mint Images, and through Mint’s distribution partners around the world. 

Shutterstock’s 2019 Creative Trends Report

By Jim Pickerell | 561 Words | Posted 1/16/2019 | Comments
Shutterstock has published its eighth annual 2019 Creative Trends Report. This year’s eleven design styles, many of which echo the past in a playful and in a decadent way, predict the top influences for design and visual production in 2019.

ABACA and ddp group Announce Strategic Partnership

By Jim Pickerell | 268 Words | Posted 1/14/2019 | Comments
Paris based photo agency ABACAPRESS and German ddp group, each a leading press
photo agency in their country, will join forces to increase photo production for their
core business, and to develop innovative services for new markets and corporate
brands.

Shutterstock Launches New Ad Campaign

By Jim Pickerell | 331 Words | Posted 1/9/2019 | Comments
Shutterstock has announced it is launching its first brand marketing campaign in six years. The ‘It’s not stock, it’s ShutterstockTM’ message is designed to showcase the unparalleled quality and depth of Shutterstock’s creative asset repository driven by more than 550,000 contributors from around the globe, as well as highlight the proprietary search and discovery technologies that inspire the creative professionals who use Shutterstock to find the perfect asset every time.

Aurora Photos Sold To Cavan Images

By Jim Pickerell | 319 Words | Posted 1/8/2019 | Comments
Aurora Photos has been sold to Cavan Images. The official transition date is Feb 1, 2019. Aurora was founded in 1993 as an agency specializing in offering images related to Outdoor Adventure, Healthy and Active Lifestyles, Nature’s Beauty and remote travel to adventure destinations.

Don’t Ignore Customer Needs

By Jim Pickerell | 1279 Words | Posted 1/3/2019 | Comments
In response to the article I published last week where I suggested that what is needed is a system that enables photographers to deal directly with customers Macintosh Smith commented “Isn’t this what PhotographersDirect.com has tried to establish?" Photographers Direct is a good first step, but in my opinion it has some major flaws. Consequently, I suspect it is generating very little traffic.

Dreamstime Reverse Image Search

By Jim Pickerell | 289 Words | Posted 12/17/2018 | Comments
Sometimes companies get so anxious to promote themselves that they announce new programs before they are actually functioning properly or ready for release. Last week Dreamstime announced its “New Reverse Image Search” and said it “makes finding the perfect stock image a snap.”

Bridgeman Images Represents Veneranda Biblioteca Ambrosiana Collection

By Jim Pickerell | 234 Words | Posted 12/11/2018 | Comments
Bridgeman Images is very excited to announce that, thanks to the partnership between Mondadori Portfolio and the Ambrosiana, Bridgeman now represent the amazing Veneranda Biblioteca Ambrosiana collection, which is comprised of over 6,000 images and contains some of the most important works of literature and fine art in the world.

New Year, New Image Source

By Jim Pickerell | 322 Words | Posted 12/10/2018 | Comments
Image Source has completed its second move this year to its now permanent residence at 66 Old Compton Street – the former home of a cardinal London creative icon, Rushes Post-Production House - right in the heart of Soho.  The move to a larger and more modern creative space is the first of many new initiatives for the premium agency which was bought back by its Founder, Christina Vaughan together with professional Investor and successful businessman, Michael Jackson at the beginning of 2018.

Adobe Stock Creative Trends

By Jim Pickerell | 737 Words | Posted 12/6/2018 | Comments
We’re entering that period when stock agencies publish assessments of future creative trends for the coming year. Adobe has recently published its 2019 Creative Trend Report. Such reports are designed to provide image creators with the agency’s best guess as to the new types of imagery that may be needed.

Alamy Lowering Royalty To 40%

By Jim Pickerell | 495 Words | Posted 12/4/2018 | Comments
Alamy has announced that early next year they will be lowering the royalty rate from 50% to 40%. Early in January they will send all contributors an official announcement signaling the beginning of the standard 45-day notice period before a new contract change goes into effect. The new royalty rate is expected to take effect in February 2019.

Shutterstock Select Footage Clips

By Jim Pickerell | 367 Words | Posted 12/3/2018 | Comments
Shutterstock has announced Shutterstock Select, a premium tier of royalty-free video content. The diverse collection of video clips includes exclusive content with everything from everyday moments to blockbuster action scenes, all captured by industry professionals using cinema-grade cameras and selected by our expert curators.

Mega Agency Adds Phil Ramey Collection

By Jim Pickerell | 258 Words | Posted 11/28/2018 | Comments
The Mega Agency is adding 2.5 million iconic and historic entertainment images to its rapidly expanding archive. The media company, a leading provider of news, sports and entertainment content, will now represent and license the Phil Ramey photo archive to its global customer base.? 

Koch Industries Invests $500 Million In Getty Images

By Jim Pickerell | 316 Words | Posted 11/28/2018 | Comments
Koch Equity Development is expected to make a $500 million, non-controlling investment in Getty Images. Getty says the equity investment is expected to close by the end of this year.

Call To Action - (CtoA)

By Jim Pickerell | 667 Words | Posted 11/26/2018 | Comments
Recently I was told by a stock agency that my Photographer Income Survey Results were not relevant to Specialist Agencies because the results are “rather negative and don’t offer a possible positive call to action.” In the following series of stories I will outline a “Positive Call to Action” for stock agencies.

CtoA 4 - Present To Getty

By Jim Pickerell | 1014 Words | Posted 11/26/2018 | Comments
Once the data has been collected then it will be time to talk to Getty – as a group. For years they have shown they are unwilling to pay attention to suggestions from individual agencies. The more Specialist Agencies that participate in the analysis the better.

CtoA 3 -Agencies Should Analyze Their Getty 2018 Sales

By Jim Pickerell | 1254 Words | Posted 11/26/2018 | Comments
In May I analyzed the sales of a few photographers who are major, direct suppliers to Getty. A major issue that all Specialist Agencies need to consider is whether the breakdown in the various price ranges in this analysis are representative of Getty’s total sales? Specialist agencies need to check their own figures against this baseline to determine if this is an accurate representation of Getty as a whole.

CtoA 2 -Power And Leverage Of Individual Agencies

By Jim Pickerell | 2680 Words | Posted 11/26/2018 | Comments
In July 2018 I did an analysis of the more than 200 Getty Creative collections to determine how many images had been added to each collection in the almost two years between August 2016 and June 2018. Overall there was a 37% increase in the number of images added, but there were wide variations in the sources of the growth.

Shutterstock Enters Rights Clearance Pack With Greenlight

By Jim Pickerell | 424 Words | Posted 11/26/2018 | Comments
Shutterstock has announced a partnership with rights and clearance agency, Greenlight, a part of Branded Entertainment Network. Greenlight clears content with rights holders for use in commercial advertising and corporate campaigns. Greenlight also represents the rights for some of the biggest icons, including Albert Einstein, Steve McQueen, Whitney Houston, Sophia Loren, Thomas Edison, and more.

Masterfile Not Paying Royalties

By Jim Pickerell | 401 Words | Posted 11/25/2018 | Comments
According to photographers Masterfile has been unable to make any royalty payments to photographers since January 2018. The company filed for bankruptcy in 2017. Payments to the bankruptcy lawyer are prioritized ahead of payments to photographers. It appears the company has not been generating enough revenue to cover fixed expenses and still pay royalties.

Shutterstock Launches Workflow Extension for Final Cut Pro X

By Jim Pickerell | 317 Words | Posted 11/25/2018 | Comments
Shutterstock has announced a new content integration within Final Cut Pro X. The Shutterstock extension is the only stock footage extension to be integrated with the release of Final Cut Pro X and will enable seamless access to video, still image and music collections.