Articles by Jim Pickerell

Shooting Photos On White? Amazon Owns The Patent

By Jim Pickerell | 648 Words | Posted 5/15/2014 | Comments
Did you know Amazon invented the process for photographing people against white backgrounds? The U.S. Patent and Trademark office recently awarded them a patent for this invention. If you’re trying to sell photos shot against a white background Amazon may want a piece of anything you earn!

How Well Do Old Images Sell?

By Jim Pickerell | 1148 Words | Posted 5/14/2014 | Comments (1)
Recently a subscriber asked, “how much newly produced professional content is licensed each year compared to content that is licensed more than a year after it was first made available for purchase?” Great question! As far as I know no agency collects such data, but it could be of tremendous value in helping agencies better understand what their customer's needs and in directing photographers as to what to shoot.

iStock To Pay Contributors 100% Of May 14th Sales

By Jim Pickerell | 109 Words | Posted 5/12/2014 | Comments
iStock has named May 14, 2014 “100% Royalty Day.” As part of it’s efforts to celebrate Small Business Week in the United States iStock will pay all exclusive contributors 100% of all revenue collected on May 14, 2014 through cash and credit card file downloads.

Time Warner Spins Off Time Inc.

By Jim Pickerell | 603 Words | Posted 5/11/2014 | Comments
Time Warner will spin-off Time Inc. on May 23, 2014. Shareholders of record at 5:00 p.m. on that date will receive one share of Time Inc. common stock for every eight shares of Time Warner common stock. For more details about the new company check out the SEC's Preliminary Information Statement of Time, Inc.

Shutterstock Reports $72.8 Million For Q1 2014

By Jim Pickerell | 836 Words | Posted 5/9/2014 | Comments
Shutterstock has reported $72.8 million in revenue and total downloads of 29.7 million for Q1 2014. About 28% of the revenue was paid out to contributors in royalties. At the end of the quarter the company has 407 employees worldwide and over 55,000 active contributors.

Magazine Print Ad Pages Down 4% In 2013

By Jim Pickerell | 707 Words | Posted 5/7/2014 | Comments
In 2013 there were 145,713 ad pages in the magazines measured by the trade organization Publishers Information Bureau.  It is worth noting that in 2000 this organization reported 286,932 ad pages – almost double the 2013 numbers -- for the magazines it tracks.

Getty Pushing RM/RF Buyers To Use iStock

By Jim Pickerell | 333 Words | Posted 5/7/2014 | Comments
A subscriber just pointed out that at the bottom of the search return page on www.gettyimages.com they are now encouraging customers to go to iStock. He did a search for travel and at the bottom of the first page after the customer has looked at only 100 thumbnails she is encouraged in big bold letters to:

Time Inc. Q2 2014 Advertising Revenue Down 7%

By Jim Pickerell | 304 Words | Posted 5/6/2014 | Comments
During Time Warner’s Q1 2014 earnings call Howard Averill, Executive Vice President and Chief Financial Officer of Time Warner said advertising revenue was down 7% and subscriptions were flat.

Dollar Photo Club Boycott

By Jim Pickerell | 626 Words | Posted 5/5/2014 | Comments
Microstock image contributors are removing images from Fotolia in a boycott of Fotolia’s Dollar Photo Club (DPC) subscription service. So far more than 400,000 images have been removed from Fotolia since April 25, 2014.

Motion Pictures Not A Growth Business

By Jim Pickerell | 190 Words | Posted 5/5/2014 | Comments
According to Variety Jeffrey Katzenberg, CEO of DreamWorks Animation recently told attendees at the Milken Global Conference in Beverly Hills that “Movies are not a growth business.” Within 17 days after a movie is released in theaters it will be available on TV and smartphones at much lower prices. This is bad news for theater owners.

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.