Microstock

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.

Shutterstock Signs Exclusive Deal With BFA

By Jim Pickerell | 457 Words | Posted 2/9/2016 | Comments
Shutterstock, Inc. has announced an exclusive global syndication deal with BFA, a leading lifestyle, fashion, art and entertainment content creation agency. Over 1.7 million editorial images in the BFA collection will now be available to Shutterstock’s Premier customers, which include some of the largest marketing communications companies and publishing houses in the world.

Reviewing Microstock

By Jim Pickerell | 890 Words | Posted 2/4/2016 | Comments
As microstock agencies race to grow their collections, there is an increasing demand for people to review submissions. Reviewers are expected to review 30,000 images a month, but according to one source the average tends to be around 40,000. Some of the more experienced are able to review close to twice the average.  

Want Higher Prices? Check Out Offset

By Jim Pickerell | 1545 Words | Posted 2/1/2016 | Comments
If you’re a photographer who licenses your work as RM because you believe that’s the way to earn the most money (or a reasonable fee) when your pictures are used, it’s time to take a look at Offset. Many photographers are so opposed to microstock and subscription that they refuse to consider anything connected in any way with Shutterstock. If it is a Shutterstock initiative then it must be bad.

Uploading To iStock Is About To Get Easier

By Jim Pickerell | 930 Words | Posted 1/25/2016 | Comments
The tedious process of uploading images for consideration by iStock is about to get much easier. On February 7th  Kasper Ravlo will be launching a new tool called Q-hero. The average time to submit a file for review will drop from over one minute per image to less than 1-2 seconds. Instead of being the slowest site for image submissions, iStock will become the fastest.  

Shutterstock Lowers Royalties For Enhanced Licenses

By Jim Pickerell | 526 Words | Posted 1/23/2016 | Comments
Shutterstock is not making enough money so they have decided to lower the royalties paid for Enhanced Licenses. Here's what it means for image creators.

Shutterstock Partnering With Optimizely and Sprinklr

By Jim Pickerell | 197 Words | Posted 1/22/2016 | Comments
In an effort to make it easier for more people to use Shutterstock imagery the company is partnering with Optimizely and Sprinklr. By integrating Shutterstock’s newest API directly into their platforms, customers of these organizations will be able to easily search, preview, and license from the Shutterstock collection. Contributors will earn a royalty each time an Optimizely or Sprinklr customer licenses one of their images.

Will Growing Your Image Collection Increase Sales?

By Jim Pickerell | 6605 Words | Posted 1/8/2016 | Comments
Most image creators believe that adding images to online searchable databases will grow downloads and sales. This is particularly true, when one assumes that the new images being added are better than the ones produced earlier because the image creator has improved through experience and has a better understanding of what customers want. However, an examination of the sales by iStock’s leading contributors indicates that adding images is often counter productive in terms of increasing downloads. In fact, contributors who add very few, or remove, images often show the greatest download-per-image in the collection.