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Articles by Jim Pickerell

Getty’s Midstock Decline

By Jim Pickerell | 1007 Words | Posted 2/26/2015 | Comments (3)
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.

Correction: CEPIC Awards Competition

By Jim Pickerell | 51 Words | Posted 2/24/2015 | Comments
The information supplied yesterday in our story CEPIC Stock Photography Awards Competition Opens was incorrect. See the revised story here. Instead of there being winners in six different categories of competition there will be a single category of Creative Stock and monetary prizes given to the First, Second and Third place winners.

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.

CEPIC Stock Photography Awards Competition Opens

By Jim Pickerell | 297 Words | Posted 2/23/2015 | Comments
CEPIC, in conjunction with East News Photo Agency, has launched the first edition of the CEPIC Stock Photography Awards competition with a 3,000 Euro prize and a title of CEPIC Stock Photographer of the Year.

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 (1)
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.

StockFood and PhotoCuisine Sign Global Partnership

By Jim Pickerell | 483 Words | Posted 2/20/2015 | Comments
StockFood and PhotoCuisine, the world’s two largest agencies for food photography, have signed a global partnership agreement. The two companies, widely recognized as market leaders in high-end culinary photography, will join forces from March 1st 2015.
 

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.

Geoff Tompkinson: Career Of A Timelapse Photographer

By Jim Pickerell | 1644 Words | Posted 2/17/2015 | Comments (1)
Recently, I asked Geoff Tompkinson to share a little about his 35-year career in stock photography and where he thinks the business is headed. Before reading his story I suggest you take a look at Geoff’s amazing work – still photography, timelapse and hyperlapse  -- and then begin reading.

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.

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.