Articles by Jim Pickerell

Is The U.S. A Democracy?

By Jim Pickerell | 2319 Words | Posted 6/16/2021 | Comments (2)
This story is not about stock photography. Lately, I have been concerned about the state of Democracy in the U.S. This story outlines some of my thoughts. It is an issue that should concern every U.S. citizen, and maybe citizens of other countries. If you have friends who might be interested in this subject, please feel free to forward the story or use the information in any way.

Jon Oringer’s $52 Million Hampton Home

By Jim Pickerell | 259 Words | Posted 5/11/2021 | Comments (4)
Take a look at Jon Oringer’s $52 million home https://www.dailymail.co.uk/news/article-9562059/Billionaire-founder-Shutterstock-lists-oceanfront-Hamptons-home-52-million.html in the Hamptons on Long Island.

Future Of Stock Photography

By Jim Pickerell | 1132 Words | Posted 2/18/2021 | Comments (5)
I launched Selling Stock in 1990 with the goal of helping professional photographer understand the stock photography business and the opportunities it offered. For a couple decades many photographers earned significant additional revenue from the licensing of stock images. A large number earned their entire living by producing photos on speculation and licensing them as stock.

Eleven Year Shutterstock Growth Trends

By Jim Pickerell | 729 Words | Posted 2/11/2021 | Comments
The chart below allows you to easily track the growth trends of Shutterstock quarter-by-quarter over the last 11-years and see the number of images in the collection, number of downloads and the gross quarterly revenue at the end of each quarter. You can also see the average revenue-per-download and revenue-per-image-in-the-collection trends.

Shutterstock Q4 2020 Financial Results

By Jim Pickerell | 1851 Words | Posted 2/11/2021 | Comments (1)
Shutterstock has reported Q4 2020 revenue of $180.9 million up 9% compared to $166.4 million in Q4 2019 and up from $165.2 million the previous quarter. Revenue per download was $3.91 per-image compared to $3.44 in Q4 2019 and $3.79 the previous quarter. The average revenue per download for all of 2020 was $3.68 compared with $3.43 for all of 2019.

Copyright Small Claims For Photographers Have Arrived

By Jim Pickerell | 852 Words | Posted 12/29/2020 | Comments (3)
Photographers got a late Christmas present when President Trump signed the massive 5,593-page, $1.4-trillion omnibus spending and COVID-19 relief bill, titled the Consolidated Appropriations Act, 2021. () Buried deep within this omnibus spending bill was the 63-page CASE Act.

Nikon Moving Manufacturing To Thailand

By Jim Pickerell | 527 Words | Posted 12/21/2020 | Comments (1)
I purchased my first Nikon camera in 1958 when I lived in Tokyo. At that time Nikon was the premier Japanese camera company. Nikon has announced that they will now move all manufacturing of new equipment from Japan to Thailand. The reasons are simple: Blue Collar workers in Japan average $18.94 per hour -- Blue Collar workers in Thailand average $4.15 per hour.

How Oringer Could Improve Creator Compensation

By Jim Pickerell | 506 Words | Posted 12/16/2020 | Comments (3)
If Jon Oringer of Shutterstock donated his annual salary of $4,598,580 to image creators who produce the products Shutterstock licenses, and divided it among creators based on the number of images licensed, how would that benefit image creators?

Don’t Reveal Your Shutterstock Earnings To Anyone

By Jim Pickerell | 559 Words | Posted 12/7/2020 | Comments (6)
Shutterstock doesn’t want their contributors revealing how much – or how little – they earn. Presumably, this is because they believe that if contributors knew how little they might receive for the imagery they submit they wouldn’t bother to submit anything.

HOsiHO Issues Call To Image Banks

By Jim Pickerell | 231 Words | Posted 12/7/2020 | Comments
According to aerial stock agency HOsiHO it is becoming harder and harder for video images creators to earn enough to support themselves. See its appeal to Stock Image Banks here. There has been a decline in assignments and prices for the use of video clips have declined so much that professional independent videographers are finding it difficult to justify continued production.

About Jim Pickerell

Jim began his career in 1963 as a freelance photojournalist in the Far East. His first major sale, a Life Magazine cover, was a stock photo of the overthrow of the Ngo Dinh Diem government in Saigon, Vietnam.

He spent the next ten to fifteen years focusing on assignment work, first as an editorial photographer, and later in the corporate area. He regularly filed his outtakes with several stock agencies around the world.

As the stock side of his income grew, Jim studied the needs of the stock photo market, and began to devote more of his shooting time producing stock images. At about this time the 1976 change in the copyright law went into effect, and the industry began to see rapidly growing demand by commercial and advertising users for stock images.

In the early 80's he helped establish the Mid-Atlantic chapter of American Society of Media Photographers (ASMP) and served as Vice President, President and Program Chairman over a period of six years. He served on the national board of ASMP for two years, was on the committee that produced the ASMP Stock Handbook in 1983, and was active in the fight to reverse the IRS rules that required capitalization of all expenses of stock photo production.

In 1989 he published the first edition of Negotiating Stock Photo Prices, a guide to pricing hundreds of stock photo uses. The fifth edition was published in 2001. In 1990, he began publishing Selling-Stock, a bi-monthly newsletter dealing with issues of interest to stock photographers and stock photo sellers, with particular focus on issues related to marketing stock images. Selling-Stock is recognized worldwide as the leading source of in-depth analysis of the stock photo industry. As a result of his many years in the industry and his work with Selling-Stock, Jim has an expert understanding of the stock photo industry, its standard practices and developing trends. He frequently provides consulting services on stock industry issues to photographers, stock agents and individuals in the investment community.

In 1993, his daughter, Cheryl, joined him in the business. Together they established Stock Connection, an agency designed to provide photographers with greater control over the promotion and marketing of their work than most other stock agencies were offering. The company currently represents selected images from more than 400 photographers.

At age 76, Jim continues to follow stock photo industry developments on a day to day basis and expects to continue to do so far into the future.