Articles by Jim Pickerell

Fotolia Announced $5,000 Prize For iPhone Image

By Jim Pickerell | 458 Words | Posted 3/5/2014 | Comments
Fotolia has announced that it will award a prize of $5,000 USD for the best selling image in 2014 that was uploaded to its new Instant Collection for iPhones. In addition, every image accepted in the Instant Collection before the end of April, will instantly earn $1. Now everyone has a chance to sell smartphone images, regardless of technical ability or expensive equipment. Contest details here: http://us.fotolia.com/instantcontest.

iStock To Launch Subscription Service

By Jim Pickerell | 958 Words | Posted 3/4/2014 | Comments
iStock has announced that in April it will launch a subscription product based on the Thinkstock subscription product. The low priced Thinkstock product has been the fastest growing part Getty Images’ business.

Videos From Microstock Expo 2013

By Jim Pickerell | 447 Words | Posted 2/28/2014 | Comments
If you couldn’t make it to the Microstock Expo (MExpo) in Berlin last November now from the comfort of your home or office you can see and hear all the discussions that took place during the two-day conference. Of course, this material will be particular interest to microstock shooters and distributors, but even if you are licensing your work at RM or traditional RF prices you will find that many of the discussions provide important insights into where the stock photo industry is headed.

iStock Accounting Problems

By Jim Pickerell | 718 Words | Posted 2/27/2014 | Comments
Over 9,000 iStock photographers have received notices that they were overpaid for sales made through the Partner Program (PP). Getty plans to reclaim the overpayments by deducting the amount from the future royalty payments owed the contributors over the next six months. It is unclear exactly how much the total overpayment was, but based on what some photographers are being told will be deducted from their accounts it could have been millions of dollars.

Image Licensing Trends

By Jim Pickerell | 612 Words | Posted 2/26/2014 | Comments
Earlier this week I wrote about the average price per image licensed at Getty. This article will examine some of the publicly available and widely reported numbers related to the number of images licensed.

Photos.com To Be Consolidated With Thinkstock

By Jim Pickerell | 526 Words | Posted 2/25/2014 | Comments
On March 10, 1014 Getty Images plans to close down Photos.com and move virtually all the content and operations to Thinkstock. Thinkstock currently offers more than 14 million images. Added to Photo.com’s 5.5 million image that will put Thinkstock in the 20 million image range.

Things To Consider When Licensing Images As RM

By Jim Pickerell | 1024 Words | Posted 2/24/2014 | Comments (2)
Recently, I had the opportunity to examine the 2013 sales of a few of Getty Images’ major contributors. They licensed images as both RM and RF. While these contributors represent a very small sample of all the people represented by Getty, I believe their experience is reasonably representative of what is happening in the entire collection. Their figures may provide some useful insights.

Shutterstock Reports $235.5 Million For 2013

By Jim Pickerell | 1234 Words | Posted 2/21/2014 | Comments
Shutterstock has reported a record 28 million downloads and $68 million in revenue for Q4 2013. The company’s revenue for all of 2013 was $235.5 million, up from $169.6 in 2012. About 28% of the revenue was paid out to contributors in royalties.

Alamy Introduces Stockimo An iPhone App

By Jim Pickerell | 782 Words | Posted 2/19/2014 | Comments
Alamy has jumped into the mobile photography business with Stockimo, a new iPhone app that lets photographers upload pictures taken from their iPhone. Stockimo is open to anyone. Alamy contributors who were with the company before the Stockimo launch will receive a 50% royalty. Contributors who are new to Alamy and just submitting iPhone photos will receive a 20% royalty.

More On ImageBrief

By Jim Pickerell | 625 Words | Posted 2/19/2014 | Comments (8)
Over the weekend I reported that there were 71 live briefs on ImageBrief worth a combined total of over $150,000. Allyson Scott, who has been responding to briefs and submitting images for more than six months, points out that actually making a sale is not as easy as I might have made it sound. Here’s what she had to say.

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.