iStock Contributors: Average Download Per Image

By Jim Pickerell | 5397 Words | Posted 10/5/2016 | Comments
For the last 5 years I have conducted a semi-annual analysis of the number of downloads and images in the collection of 432 of iStock’s leading contributors. There may be some newer contributors that are now among the top iStock earners, but I don’t think very many. It takes time to build a significant collection and begin to get volumes of sales. These 432 probably represent one-third of all iStock single image downloads since the company began.

Future Imagery Trends According to Shutterstock Research

By Jim Pickerell | 306 Words | Posted 9/14/2016 | Comments
Shutterstock has published a infographic on The Top Trends Shaping The Future Of Imagery. Photographers looking to produce the kind of imagery customers want to buy may want to make note of these trends outlined by Keren Sachs, Director of Content Development at Shutterstock and Offset.

Shutterstock Launches Adobe Photoshop® Plugin

By Jim Pickerell | 294 Words | Posted 9/8/2016 | Comments
Shutterstock, Inc. has announced that its vast collection of 100 million high-quality photos and illustrations is now accessible within Adobe Photoshop® software through its new custom built plugin. With more than 100,000 new images added every day, the Shutterstock plugin boasts the largest collection of photos and illustrations that can be licensed directly within the Creative Cloud desktop application.

Agencies – Buyer and Supplier Relationships

By Jim Pickerell | 1321 Words | Posted 9/2/2016 | Comments
Yesterday, I talked about why the business of licensing rights to stock photos - as currently structured - is Designed To Fail unless some major changes are made. Two of the changes needed are: (1) make finding the right image for a project much easier for the buyer, and (2) improving supplier efficiency.

Picfair Passes 3 Million Image Mark

By Jim Pickerell | 754 Words | Posted 8/15/2016 | Comments
Picfair, 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.

Alamy On Latest Visual Trends

By Jim Pickerell | 497 Words | Posted 8/15/2016 | Comments
Alamy reports that a current visual trend seems to take advantage of “instagram – like” filtering that pulls up the black point of the image and reduces the contrast.  

Decision Time For RM Photographers

By Jim Pickerell | 1438 Words | Posted 8/8/2016 | Comments
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, Stocksy, 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.

Dreamstime Adds HTTPS Encryption To All Pages

By Jim Pickerell | 278 Words | Posted 7/21/2016 | Comments
Dreamstime, 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.

Shutterstock Keywords Suggestion Tool

By Jim Pickerell | 256 Words | Posted 7/19/2016 | Comments
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.

iStock: Downloads Don’t Tell Whole Story

By Jim Pickerell | 849 Words | Posted 7/6/2016 | Comments
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.

Adding Images To iStock Produces Mixed Results

By Jim Pickerell | 5419 Words | Posted 7/4/2016 | Comments
Some iStock contributors continue to add significant numbers of images to their collections, despite the decline in the number of downloads and we presume revenue, since average prices per-image downloaded have also declined.

iStock Statistics: First Half 2016

By Jim Pickerell | 922 Words | Posted 7/1/2016 | Comments
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.

New Image Marketing Strategy Needed

By Jim Pickerell | 1583 Words | Posted 6/28/2016 | Comments
One of the biggest problems with stock photography licensing today is that there is often no clear logic behind why a higher price should be charged for one image and not another. In this article we explore how the industry's marketing strategy might be improved to generate more revenue for creators and distributors, as well as making the image search process more user friendly for customers.

Adobe Stock Adds Premium Collection

By Jim Pickerell | 806 Words | Posted 6/21/2016 | Comments
Adobe has released a host of new features and performance enhancements for its Creative Cloud users. Of greatest interest to stock photographers is the addition of an all-new Premium Collection of over 100,000 high quality stock images. Images will be available for single download purchase and priced between $100 and $500. In addition, there are other key enhancements to Adobe Stock that provide a deeper integration with Creative Cloud apps.

Shutterstock Offers Reverse Image Search on iOS

By Jim Pickerell | 300 Words | Posted 6/1/2016 | Comments
Shutterstock, Inc. has made its visual search features, first introduced for desktop use in March available for mobile use. Reverse Image Search for mobile invites users to capture the world around them on their mobile phones, and then upload them via the Shutterstock app to search Shutterstock’s collection of over 80 million images for similar content and style.

Revenue Per Image Comparisons

By Jim Pickerell | 663 Words | Posted 5/30/2016 | Comments
Most photographers use two different figures to track revenue trends – revenue Per-Image-Licensed and revenue Per-Image-In-Collection. It’s easy for a photographer to figure his own per-image-licensed figure, but it is very difficult to determine how that might stack up with all photographers because the specifics of the number of images are usually not available even when you know (or have some idea of) the gross revenue collected during the period.

Add Shutterstock Images To PowerPoint Presentations

By Jim Pickerell | 92 Words | Posted 5/18/2016 | Comments
Microsoft has teamed up with Shutterstock to add integration within PowerPoint in order to offer access to the vast collection of images for use in presentations.

Shutterstock Q1 2016 Financial Results

By Jim Pickerell | 1536 Words | Posted 5/4/2016 | Comments
Shutterstock has reported Q1 2016 revenue of $116.7 million up $19.1 million compared to Q1 2015. The growth is due mainly to new customers and increased activity by enterprise clients. Royalties paid to contributors during the quarter were about 29% of total revenue, or approximately $33.8 million. Currently, there are over 100,000 contributors meaning that the average contributor earned $338 during the quarter.

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 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.

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.

Dreamstime Introduces Unlimited Extended Licenses

By Jim Pickerell | 284 Words | Posted 3/8/2016 | Comments
Dreamstime has made changes to its Extended License policy allowing users to produce unlimited copies of purchased media. Previously, customers purchased extended licenses for print or web usage of an image and were restricted by limits on the number of copies they could reproduce, for example for t-shirts, on-demand printed items, or e-cards.

What’s Next For Veer?

By Jim Pickerell | 299 Words | Posted 3/2/2016 | Comments
Getty Images has contacted Veer contributors to explain what will happen to their imagery as a result of the sale of Corbis to VCG.  Their imagery will not be integrated into the Getty Images collection. Veer contributors may apply to iStock for possible upload of their content there. The memo says:

Shutterstock’s Drive To Add Images

By Jim Pickerell | 707 Words | Posted 2/25/2016 | Comments
A photographer recently asked if I could explain why Shutterstock is making such an aggressive effort to grow its collection. Currently, the company over 77 million images in its collection and is adding over 800,000 new images a week. As far as I can tell Shutterstock believes their customers want more and more choice not only in subject matter, but in newer, more updated images.