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Agencies/Distributors

Pond5 Introduces Backlots and Backlots+

By Jim Pickerell | 271 Words | Posted 4/9/2015 | Comments
Pond5, unveiled two new types of video content today—Backlots and Backlots+. Provided by partner CT Image, these digital backlots allow editors to flawlessly simulate background scenery from 25 of the world’s major cities in their video productions.

Shutterstock Workshops

By Jim Pickerell | 217 Words | Posted 4/7/2015 | Comments
If you’re thinking about submitting images to Shutterstock you might want to check out the next ShutterTalk Live streaming workshop, “Preparing Your First Photo Submission,” on Thursday, April 9 at 11am EST.

Shutterstock Eliminates Daily Download Limits

By Jim Pickerell | 388 Words | Posted 4/6/2015 | Comments
Shutterstock continues to make it easier customers to get the images they need via their subscription products. Until last week customers that purchased a subscription were limited to 25 downloads a day and a maximum of 750 per month for customers in the U.S. and Canada.

EyeEm Market Opens

By Jim Pickerell | 330 Words | Posted 4/1/2015 | Comments
In August 2014 EyeEm announced that it would be introducing a “Market” aspect to its social media site. Market has finally been launched. EyeEm was established in 2011 and currently has over 13 million users who post photos taken with their cell phones and comment on each other’s work. It is unclear how many images are on the site.

Scoopshot Partners With Newzulu Expanding Crowdsourced Journalism

By Jim Pickerell | 379 Words | Posted 3/31/2015 | Comments
Global crowd-sourced media platform and live-streaming company, Newzulu, and mobile photo and video crowdsourcing service Scoopshot, have partnered to collect and market citizen generated content and offer untapped revenue opportunities to brands and publishers around the world.

Alamy Contract Changes

By Jim Pickerell | 586 Words | Posted 3/30/2015 | Comments
In mid-February Alamy published changes in its standard contract that were due to go into effect April 1st (45 days later). A number of photographers, particularly in the UK, had issues with certain clauses and a lively discussion ensued on the EPUK website.

Marcel Saba Launches Vault Archives

By Jim Pickerell | 266 Words | Posted 3/27/2015 | Comments
Vault Archives has announced its debut into the stock photography industry. The New York-based agency offers the editorial and commercial photography market high-end imagery that is tastefully curated with authentic real life moments.

Getty’s Turnaround Potential

By Jim Pickerell | 1208 Words | Posted 3/26/2015 | Comments
I’m getting more frequent requests from long/short hedge fund investors about Getty Images’ turnaround potential in 2015. Getty’s $550 million of 7 percent unsecured notes due in October 2020 are selling for approximately 50 cents on the dollar. Investors are trying to determine if that is a good price, or if they could go even lower. (Getty also has about $2 billion in additional debut.) Here’s some of what I tell them.

Is Stock Too Expensive? Must Prices Go Down?

By Jim Pickerell | 425 Words | Posted 3/24/2015 | Comments
Back in the early 2000s Graphic Designers started complaining that Royalty Free stock was too expensive and began looking for less expensive ways to get the photos and illustrations they needed for their projects. That was the birth of microstock. Now Christian Toksvig, former Getty Images VP, Christian Toksvig,, thinks there is new demand for still lower prices. He has founded StockUnlimited and is offering unlimited vector downloads for $9.99 per month.

Novel Expressions Looks To Fill Void

By Jim Pickerell | 168 Words | Posted 3/24/2015 | Comments
Royalty free stock image agency Novel Expression and Jenn LeBlanc of Illustrated Romance are launching the Exclusive Jenn LeBlanc for Novel Expression collection. The initial collection will feature images of male and female same sex couples in both contemporary and historical costumes.

Old Stock Agencies Never Die – Imagestate Liquidated Again

By Jim Pickerell | 198 Words | Posted 3/20/2015 | Comments
Under the title “Imagestate Media Partners Limited – In Liquidation” the Joint Liquidator in the UK reported on 6 March 2015 that Imagestate had been liquidated.

MPEVImages: What’s In A Name?

By Jim Pickerell | 876 Words | Posted 3/18/2015 | Comments
Bond traders are asking “If Getty Images changed its name, but had all the same content and pictures, would this have a significant impact on sales/marketing?” The reason for this question is that revenue has been declining for Getty for at least eight quarter and it is becoming increasing apparent that there is likely no way to turn the business around.

iStock Stages 10th Anniversary iStockalypse In Dubai

By Jim Pickerell | 334 Words | Posted 3/17/2015 | Comments
iStock by Getty Images will stage the UAE's first ever iStockalypse event in Dubai from 26 thru 28 March, 2015. Specifically chosen as a fitting venue to mark the 10th anniversary of iStockalypse events, iStockalypse Dubai will bring together a select group of both local and global photographers and videographers for three-days of creative shoots and visually themed talks.

Stock Photography - A Two-Sided Market

By Jim Pickerell | 2728 Words | Posted 3/16/2015 | Comments
Stock photography is a two-sided market. For the most part image producers need a distributor to make potential customers aware of their work. Image buyers need distributors to make it easier for them to find what they need when they need it. The distributor needs to cover its cost of providing the service and make a profit. But the distributor must also manage the delicate balance between what customers are willing to pay and generating enough royalty for contributors to encourage them to continue to produce.

Klein Steps Down As Getty Images CEO

By Jim Pickerell | 660 Words | Posted 3/13/2015 | Comments
Jonathan Klein, Co-Founder and CEO of Getty Image, has stepped down as CEO 20 years to the day after he and Mark Getty founded the company. Klein will continue as chairman and will remain instrumental in determining strategy, direction and vision for Getty Images. As Klein transitions into his new role as Chairman the company is expected to “expand its footprint in the consumer space.”

Bridgeman Images Acquires Rue des Archives

By Jim Pickerell | 407 Words | Posted 3/10/2015 | Comments
Bridgeman Images has acquired Rue des Archives, the premier French archival photo library, and expanded the company’s range of historic imagery and personalities for licensing. Rue des Archives is an exceptional resource with photography ranging from the cave paintings of Lascaux to 21st century Parisian life.

Microstock Market Size

By Jim Pickerell | 1324 Words | Posted 3/6/2015 | Comments
The Microstock segment of the stock photography business has grown rapidly over the last few years. I estimate that in 2014 gross microstock revenue, worldwide, was approximately $850 million. Sales by the Big Four distributors – Shutterstock, iStock, Fotolia and Dreamstime – represented about 85% of this total.

Pearson Education Sourcing Images Through Scoopshot

By Jim Pickerell | 323 Words | Posted 3/6/2015 | Comments
Scoopshot, the leading mobile platform for photo and video crowdsourcing, has partnered with Pearson. In an effort to reach out and engage millennials, Pearson is using Scoopshot to crowdsource photos from around the world to illustrate its publications.

Promoting iStock: Will This Generate New Business?

By Jim Pickerell | 186 Words | Posted 3/4/2015 | Comments
Almost every day another blog publishes a story ridiculing and putting down stock photography. They highlight images found on some of the major stock web sites that no one in their right mind would ever want use, except as a joke. Some examples can be found here.

Getty’s Midstock Decline

By Jim Pickerell | 1007 Words | Posted 2/26/2015 | Comments
On February 24th at an invitation-only conference hosted in Miami by JPMorgan Chase & Co. Getty Images executives told investors that midstock revenue had declined 15% in Q4 2014 compared to Q4 2013. This decline was on top of a 9.8% decline in Q3 2014 compared to a year earlier. Getty’s midstock division includes iStock, Thinkstock and Photos.com.

AP and NFL Extend Exclusive Photo Licensing Deal

By Jim Pickerell | 303 Words | Posted 2/24/2015 | Comments
The Associated Press and the National Football League today extended their commercial photo agreement, solidifying the AP’s status as the worldwide commercial licensing agent of the NFL through the 2017 season.

Come Alive Images Offers Stock Buyers Animated GIFs

By Jim Pickerell | 698 Words | Posted 2/23/2015 | Comments
Jerry Tavin and Joe Panker launched Come Alive Images. This site is dedicated to the commercial potential of GIFs—motion graphics, cinemagraphs, animated photography, looping illustrations and animation, 3D stereo photography and photo/video hybrids.

Getty’s Lean In Collection: One Year Later

By Jim Pickerell | 570 Words | Posted 2/23/2015 | Comments
Getty Images, the world’s leader in visual communication, and LeanIn.Org, the women’s non-profit founded by Facebook COO Sheryl Sandberg, are celebrating one year of partnership with the anniversary of the Getty Images Lean In Collection – a curation of images devoted to the powerful depiction of women, girls and the communities who support them. Images from the collection have been licensed in over 65 countries, including Qatar, Kuwait and Korea, with sales doubling since the collection’s inception in February, 2014.

Did Getty's Midstock Strategy Last September Work?

By Jim Pickerell | 929 Words | Posted 2/18/2015 | Comments
I understand that Getty Images won’t be releasing Q4 2014 information to bond traders until April. Investors are anxiously awaiting the results and hoping Getty has been able to turn around its Midstock division (iStock, Thinkstock and Photos.com) in the first full quarter since its dramatic change in pricing strategy last September.

Aurora PremiumRF

By Jim Pickerell | 811 Words | Posted 2/16/2015 | Comments
Aurora Photos has launched a highly curated Premium RF collection that places some of the company’s best images into a simple and easy to understand pricing model. The $250 for a small: 3mb/72 dpi image file and $500 for a 50mb/300 dpi file is a direct copy of the pricing used by Shutterstock for its Offset.com collection.