Articles by Jim Pickerell

Questions Debt Investors Should Be Asking Getty

By Jim Pickerell | 782 Words | Posted 10/17/2013 | Comments (1)
Getty Images has been privately owned by Carlyle Group for a little over a year, and before that by Hellman & Friedman for about 5 years. One of the results of going private is that much of the data that used to be shared about Getty’s operations is no longer available to the general public.

State Of Stock Photo Industry: 2013

By Jim Pickerell | 186 Words | Posted 10/17/2013 | Comments
If you’re looking for an overview of the state of the stock photo industry as of October 2013 the stories listed below are a good place to start. Regular readers of Selling-Stock will have seen all this information before. For them, there is nothing new here although some of the stories were published in the last two weeks. If you’re looking for data and analysis – both current and historical – these stories are worth examining.

Copyright Small Claims

By Jim Pickerell | 389 Words | Posted 10/15/2013 | Comments
On September 31, 2013, the Copyright Office released the findings of its two-year study on copyright small claims. The report documents the significant costs and other challenges in the current federal system of addressing copyright claims that have a relatively low economic value. The report recommends the establishment of a Copyright Tribunal housed within the Copyright Office to adjudicate claims.

Should Photographs Have A Monetary Value?

By Jim Pickerell | 391 Words | Posted 10/15/2013 | Comments (1)
Does anyone other than photographers think that photographers should be compensated with more than a credit for the use of their images? The response photographer Kristen Pierson received from the publisher of the Warwick, RI Beacon displays a common attitude, not just of the average consumer, but of many professionals and commercial users who should be licensing rights to the images they use.

Stocksy Photo Co-Op to be Profitable in First Year

By Jim Pickerell | 336 Words | Posted 10/11/2013 | Comments
Stocksy, a stock photography co-op that launched on March 28, 2013, is on track to become profitable by November. A photo collective and online market co-owned by more than 400 photographers, Stocksy has accomplished this feat while giving members a 50 percent royalty on each transaction and 90 percent of profits.

Dissolve: New Footage Resource

By Jim Pickerell | 147 Words | Posted 10/11/2013 | Comments
Patrick Lor, co-founder of iStockphoto and formerly leader of Fotolia North America, has founded a stock footage company called Dissolve. Lor’s company makes a significant number of clips available for $5 although some clips are priced at $50, $150 and $500.

Getty's Midstock Revisited

By Jim Pickerell | 805 Words | Posted 10/10/2013 | Comments (2)
There is increasing interest among debt investors as to what is happening at Getty and particularly in their Midstock division. I posted an analysis last week, but already there is new information worth updating.

GDUSA Stock Survey Results

By Jim Pickerell | 1137 Words | Posted 10/9/2013 | Comments (1)
Graphic Design USA’s 27th annual Stock Visual Reader Survey has revealed that 95% of creatives in the U.S. use stock visuals to some extent in their work. In 1986 only 34% of creatives used stock, but there has been a steady year-to-year rise in its use reaching 95% in 2010.

Alamy Doubles Downloads Since 2008

By Jim Pickerell | 666 Words | Posted 10/7/2013 | Comments
The latest edition of Alamy’s “Ask James” series of video chats where CEO James West responds to photographer questions is now live. West reports that the company licensed rights to about 360,000 images in 2012, up from under 200,000 in 2008.

Fotolia Launches Mobile App And New Collection

By Jim Pickerell | 454 Words | Posted 10/7/2013 | Comments
In response to the new trends in Smartphone use, social media and mobile phone Fotolia is launching a new app and collection, uniquely designed for Smartphone photos. Created for iPhone 4 and up, Fotolia Instant offers fresh, new “in-the-moment” images taken using the new app, which allows users to shoot and upload to Fotolia directly from their Smartphone.

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.