Agencies/Distributors

Does Exclusive Representation Still Make Sense?

By Jim Pickerell | 1162 Words | Posted 4/29/2016 | Comments
Being represented exclusively by a single agency, or distributor, used to be important if you wanted a chance to license your images for high dollars for advertising or product identity uses. These customers wanted assurance that no one else would be using the same image while their campaign was in progress and they were willing to pay a lot of money for such rights.

Top Footage Distributors

By Jim Pickerell | 193 Words | Posted 4/28/2016 | Comments
More and more photographers have started to produce stock footage as a way to grow their business. Clearly, there is increasing demand for video clips as well as a greater need for video than still images. One of the questions I’m frequently asked is “What are the best companies to represent my work?”

Corbis Transition Almost Complete

By Jim Pickerell | 600 Words | Posted 4/28/2016 | Comments
Getty has supplied Corbis contributors with the information below. For many the most important information is that after May 2nd Corbis contributors who have not signed a separate agreement with Getty Images will be released from their contributor contracts and all survival periods will be waived.

Getty Files Google Image Piracy Complaint With EU

By Jim Pickerell | 779 Words | Posted 4/27/2016 | Comments
Getty Images has filed a competition law complaint with the European Commission against Google Inc. The complaint follows Getty Images’ submission in June 2015, when it joined as an interested third party in support of the European Commission’s existing investigation into Google’s anti-competitive business practices.

Uberization Of Stock Photography

By Jim Pickerell | 755 Words | Posted 4/26/2016 | Comments
The take over of the stock photography business by amateurs and part-timers is not new, but the long range implications are worth considering.

Drastic Royalty Cuts Change Photogs View Of 500px

By Jim Pickerell | 749 Words | Posted 4/21/2016 | Comments
In 2014 500px introduced (500pxprime.com), a licensing arm of its global online photography community that was launched in 2009 for the purpose of sharing and discovering images. Initially, prices were $50 for web use and $250 for print uses. The royalty share started out at 70%, but now it has been cut to 30%. Photographers are not happy with the pay cut.

Shutterstock Partners With Starpix

By Jim Pickerell | 311 Words | Posted 4/20/2016 | Comments
Shutterstock has signed a 3-year exclusive worldwide distribution agreement with Starpix, a boutique celebrity, red carpet and event photo company that provides photo coverage on the East coast for leading film studio clients and publishers.

Shutterstock Partners With PR Newswire

By Jim Pickerell | 443 Words | Posted 4/20/2016 | Comments
Shutterstock has announced a partnership with PR Newswire that will provide its customers with access to the Shutterstock 83 million+ image library of licensable photos.

Good News For Corbis Photographers

By Jim Pickerell | 343 Words | Posted 4/19/2016 | Comments
Some Corbis photographers whose images have been integrated into the Getty Images collection tell me that their images are appearing high in the search-return-order for searches of their particular subject matter.

Corbis Acquisition by VCG/Getty Images

By Jim Pickerell | 139 Words | Posted 4/15/2016 | Comments
This story provides links to several stories that relate to the Visual China Group (VCG) acquisition of Corbis and the role Getty Images has been assigned in the transfer of Corbis assets to the Getty Images collection. Getty’s collection was marketed in China by VCG before the sale. The new enlarged collection with the addition of some Corbis images will continue to be marketed in China by VCG.

Shutterstock Contributor App Upgraded

By Jim Pickerell | 146 Words | Posted 4/15/2016 | Comments
The Shutterstock Contributor App that contributors may obtain from the Apple App store has been upgraded to allow contributors to directly attach, upload and manage model and property releases to their images from their phones.

How Low Can Prices Go?

By Jim Pickerell | 1340 Words | Posted 4/14/2016 | Comments
How low can prices go? Is the volume of images used more important than earning money when an image is used? Must we accept whatever the customer is willing to pay, or is it possible, at some point to say NO? If there is such a point where is it? Most photographer will agree there is some point where the people representing our images should say NO, but there is big disagreement on where that point should be.

What Getty Customers Need

By Jim Pickerell | 1427 Words | Posted 4/12/2016 | Comments
In recent seminars and webinars Getty provided contributors with information about buyer activity and tried to help them understand what customers need. One of the most important bits of information was that Getty is currently licensing rights to 10 RF images for every 1 RM. For years the average licensing fee for an RM image has been about 2.5 times that of an RF image. While the royalty share of an RM sale tends to be higher than an RF sale (about 35% to 20%) at a 10 to 1 ratio creators are likely to earn significantly more licensing their images as RF than as RM.

Megapixl.com Launched

By Jim Pickerell | 455 Words | Posted 4/12/2016 | Comments
Dreamstime, has launched Megapixl.com, a new website that utilizes machine learning to offer more refined stock image choices based on past user behaviors. This artificial intelligence (AI) utilizes past behavioral data garnered from millions of designers in order to determine which content is the most relevant and suitable for the individual user.

Veer Closed: Corbis Will Close May 2nd

By Jim Pickerell | 442 Words | Posted 4/7/2016 | Comments
Veer has closed its doors and photographers have been released from any contractual obligations they had with Veer. Images belong to Veer photographers have not been automatically migrated to iStock, but photographers can request a transfer and sign a new iStock contract if they wish. Effective May 2, 2016, the Corbis Images and Corbis Motion businesses and websites will no longer be accessible.

Time: A Factor In Creativity

By Jim Pickerell | 1027 Words | Posted 4/6/2016 | Comments
Time is becoming an increasing important factor for art directors and image buyers. Bosses and customers are demanding more output and giving the art director less time to produce results. The time it takes to find the right (well maybe, just usable) image is an increasingly important factor to be considered.

Avalon: Consolidation Of Small Agencies

By Jim Pickerell | 263 Words | Posted 4/4/2016 | Comments
Charles Taylor is still trying to put together a company that will consolidate many smaller independent picture agencies into a single publicly traded company that will be traded on the AIM stock exchange in the UK. Back in 2014 Taylor’s organization was called GDI Media Limited. The new version is called Avalon. More about it can be found here.

The Mega Agency Hires UK Sales Director

By Jim Pickerell | 183 Words | Posted 3/31/2016 | Comments
The Mega Agency, a new global media business, focused on delivering editorial images, is pleased to announce that David Ellis has been recruited as UK Sales Director.

Are Photographers Leaving The Stock Business?

By Jim Pickerell | 1145 Words | Posted 3/25/2016 | Comments
A Korean subscriber recently asked the following questions. “I notice you say that many photographers are unable to earn enough money and end up leaving the market. Is there any specific number that you can prove? How many photographers/contributors were there in the past and now?

Videoclips Sales At Getty

By Jim Pickerell | 506 Words | Posted 3/24/2016 | Comments
A videographer wrote recently complaining that two of his video clips had been sold by Getty Images to Viacom for a broadcast show on Comedy Central. This show also appears on the web. These two sales were made through a Premium Access deal and netted the videographer a whopping $8.46 for the two sales.

Shutterstock Reverse Image Search

By Jim Pickerell | 267 Words | Posted 3/18/2016 | Comments
Over the past year, one of Shutterstock’s engineering teams has spearheaded and modified computer vision technology to introduce more innovative search and discovery features and to improve the customer’s overall site experience.

Dissolve Introducing Liftoff At NAB 2016

By Jim Pickerell | 387 Words | Posted 3/17/2016 | Comments
Stock footage and photography company Dissolve will be introducing its popular Liftoff program to filmmakers at NAB 2016, April 16-21 in Las Vegas.

Adobe Stock Offers 50 Million Assets

By Jim Pickerell | 219 Words | Posted 3/16/2016 | Comments
Adobe Stock has announced that it now has over 50 million high-res photos, vectors, illustrations, HD videos including some 4K videos to its collection.

France Editorial Agencies Struggle To Reorganize

By Jim Pickerell | 857 Words | Posted 3/10/2016 | Comments
As revenues have declined in recent years due to declining sales for the use of images in print, and increasing use of images on the web at much lower prices, many French editorial agencies have found it necessary to reorganize. Jean Michel Psaila, CEO and owner of Abaca Press says, “The market has changed. We used to get €200 for print use. Now we get €5 for online use.”

Shutterstock Announces Multiyear Deal With AP

By Jim Pickerell | 692 Words | Posted 3/10/2016 | Comments
Shutterstock, Inc. has announced a three-year deal with The Associated Press (AP) to distribute AP's daily global photo and packaged video output for license to customers based in the United States. This milestone will also give U.S. Shutterstock editorial customers access to over 30 million photos and nearly 2 million video clips from, respectively, AP Images and AP Archive.