Do photographer’s care if their name is attached to their images, or just that the images generate some revenue for them? While doing some recent searches, I discovered it can sometimes be very difficult to determine who created an image.
Three senior news executives have joined Kevin Smith’s new media company, The Mega Agency
. Smith is delighted to announce that Paul Tetley, David Leigh and Karlo Pastrovic have joined the Mega team.
, a London-based image licensing startup launched two years ago, has announced that it now has more than three million images in its collection. “Our three millionth image was uploaded by a photographer in China, of a family playing ping pong in a Beijing park,” says Picfair founder Benji Lanyado.
A US-based celebrity photo agency is currently looking for a buyer interested in taking over its operations or acquiring its archives. Founded in 2003 by a music photographer, the company has established reputable and strong relationships with publications, artists and publicists. With just one highly motivated owner who wishes to retire, it is profitable, has no debt and is reasonably priced. A buyer could either manage the company as an independent archive or integrate the archive (1.4 Million images, fully captioned in English) to its own collection.
If you’re curious as to why Shutterstock’s stock price keeps rising while from the perspective of many in in our industry Shutterstock’s long term growth prospects don’t appear to be that favorable, David Trainer offers some interesting insights. See here
. Trainer is CEO of New Constructs (www.newconstructs.com
), an independent research firm that leverages proprietary technology to find key insights from the Financial Footnotes of 10Ks and 10Qs. After studying his analysis here are a few of my thoughts.
, the world’s largest provider of royalty-free stock videos, music tracks and sound effects, as well as millions of photos, has announced the appointment of Jason Teichman
as the company’s new Chief Executive Officer and Board Director. In this role, Teichman will help the company continue to accelerate its growth by scaling its creative marketplace, leveraging its unique relationship with the artist community, and furthering its investments in emerging media such as drone footage and 360-degree video.
, the world's leading multicultural stock photography agency, has recently announced the launch of a new website with a focus on world-class curated royalty free imagery
and motion clips. The new Blendimages.com
offers an improved user interface, a simplified pricing model, large image previews, and is the only place to search the entire Blend Images collection.
RM photographer working with the major stock production companies may have some very difficult decisions to make in the near future.
With the rise of Offset
, AdobeStock Premium
and iStock Signature
it seems that RM photographers that are not also owners or shareholders of production companies, like Blend Images
, Image Source
and Tetra Images
, may find that they can earn more by moving their collections to RF.
A reader sent me a note recently indicating that after seeing an Offset
promotion he had asked Shutterstock
the following question: “Do you think, clients - professional or not - are expecting this level of imagery from a high end collection?” The images shown in the promotion were taken in Thailand by Brooklyn-based photographer Lucy Schaeffer
. The Offset tagline said “her images mix refined, understated luxury with the country’s beautiful and dramatic scenery. Be Transported.” The following are links here
show the two images that were shown in the promotion.
has reported Q2 2016 revenue of $124.4 million up from $104.4 million compared to Q2 2015. The growth is due mainly to new customers and increased activity by enterprise clients.
This is an update on the story we published last week
concerning Carol Highsmith’s copyright infringement suit
against Getty Images and other defendants.
has been acquired by Bytedance, a digital tech company based in Beijing. The stock agency will continue to operate independently as a photo, video and commercial licensing agency serving editorial media, advertisers, creative agencies and brands, in China, Hong Kong and Taiwan.
The needs of stock photo customers are changing. Successful agencies and distributors are adapting to those needs. Increasingly, customers are turning away from the large collections that purport to have everything. They are moving toward smaller, tightly curated collections that have a narrow focus in terms of the subject matter they represent. Aurora Photos
is one such agency.
that photographer Carol M. Highsmith
has filed a copyright infringement suit in New York against Getty Images
. Damages could be worth $1 billion.
investors often ask my opinion of stock photo industry’s future and the potential for Shutterstock’s growth. I tell them growth will slow significantly. Demand from customers willing to pay for the images they use will decline. Shutterstock has grabbed about all the customers they can from Getty so there is not much potential for growth there. Adobe will take a much bigger share of the market. Recently an investor asked me, “What would you do if you were Shutterstock?” Here’s what I told him.
has created a infographic
timeline showing the History of Stock Photography. They are actively seeking feedback and interaction on the infographic so that we can gather as much information as possible.
, has implemented a significant improvement to its website security by switching all site pages to "HTTPS" including the dedicated mobile website and the Dreamstime applications for iOS and Android.
In response to changes in the industry and client requirements Africa Media Online
has introduced a new simplified pricing model. The South Africa based picture library has moved away from the complexities of narrowly defined RM usages and is now offering clients a simple procedure for establishing what an image costs.
Shutterstock has launched a new keyword suggestion tool for iPhone that leverages a combination of metadata (man) and pixel data (machine) to suggest more relevant and accurate keywords for images that are uploaded in the Shutterstock contributor app
To deal with increased customer demand for simpler, easier to understand pricing, and the general decline in the use of Rights Managed images industry wide, plainpicture
in Germany has introduced a new pricing model they call (RS) plainpicture Rights Simplified
. has announced an API integration with Google. The image licensing deal provides Google’s digital and mobile display advertising products, including Adsense, Adwords, and Admob, with access to Shutterstock’s collection of more than 90 million images for license.
A few iStock contributors tell me that since the introduction of subscription sales in March 2015 downloads
as reported on the contributor’s portfolio page no longer tell the whole story.
Paul Banwell, Senior Director, Contributor Relations for Getty Images has just sent contributors the following letter regarding Getty’s directions for the future. This information should be of interest to every stock image producer and distributor regardless of their relationships with Getty Images.
Downloads from iStock continued to decline in the first half of 2016. Since 2011, I have been tracking the number of downloads and images in the collection of 430 of iStock’s leading contributors. At the end of June 2016 these contributors had between 56,465,000 and 58,967,000 total downloads during their iStock careers. iStock has over 100,000 contributors, but despite the small number in this group we believe the images licensed by this 430 represent almost one-third of all the images iStock has licensed since the company began operations.
A couple weeks ago I wrote an articles asking “What Is ‘Commercial’ Stock Photography.”
I questioned how big the demand is for “candid,” “natural” and “real life” grab shots of what happens in front of the photographer rather than staged shots that look real but are carefully posed with great production values. A reader suggested I contact Jerry Taven who founded Nonstock about a fifteen years ago.