Articles by Jim Pickerell

Getty’s Strategic Decisions

By Jim Pickerell | 2159 Words | Posted 8/22/2013 | Comments (2)
Getty Images has made a number of strategic decisions in the past few years that have resulted in declines in both its “Creative” (RM and RF) and microstock lines of business. These decisions have also aided Shutterstock in its rise to a commanding position in the market with its subscription licensing model. I want to emphasize that when I talk about declines I am not referring to Getty’s other lines of business - Editorial, Footage, Other or B2B music – which as far as I can tell are still growing.

Thinkstock vs. Shutterstock

By Jim Pickerell | 1927 Words | Posted 8/20/2013 | Comments
Getty Images has watched the rise of Shutterstock – to the company’s chagrin – and is trying to build Thinkstock to a position where it can take market share away from Shutterstock. Read this story to see why I think Getty is unlikely to be successful and why their fortunes are likely to further decline.

Getting Paid After Your Photos Are Used

By Jim Pickerell | 1433 Words | Posted 8/16/2013 | Comments (1)
Photographers who are licensing their images based on usage (RM) need to give some careful thought to the lag time between creation and when they are likely to see any money. This is particularly true if they are licensing their images through an agency as the lag time seems to be getting longer and longer.

ASMP Issues "The Instagram Papers"

By Jim Pickerell | 858 Words | Posted 8/15/2013 | Comments (1)
ASMP has published “The Instagram Papers,” a very valuable analysis of Instagram Terms of Service. Every photographer who is considering posting images on Instagram, wants to retain control of his/her images and hopefully earn some money from them should be familiar with the information in this report.

Blend Images – The Blog!

By Jim Pickerell | 495 Words | Posted 8/14/2013 | Comments
Looking for inspiration? Check out Blend Images The Blog! at blog.blendimages.com for amazing photos, illustration, graphics and fine art. For a little over a year now the stock photo production company has been regularly showing small collections of the work of amazing visual artists. The works are not limited to photography, but include, illustration, painting, collage, architecture, music, video and more.

Getty Puts OJO Images On iStockphoto

By Jim Pickerell | 787 Words | Posted 8/12/2013 | Comments
Getty Images has made the OJO Images available on iStockphoto. The images are now “exclusively” available on the Getty Images network of  sites and select partners. The full collection boasts nearly 31,000 premium files, which will grow to nearly 45,000 by the end of October.

Foap Raises $1.5 Million

By Jim Pickerell | 178 Words | Posted 8/12/2013 | Comments
Swedish mobile photography startup Foap has secured $1.5 million in funding that will go towards further growing the company. The company will be taking its first steps into the American market by opening an office in New York in September.

Is Crowdsourced Photojournalism The Future?

By Jim Pickerell | 1156 Words | Posted 8/9/2013 | Comments
Many expect users of mobile phones with decent cameras with constant connectivity to the world to be the next disruptors of the stock photography business. Crowd sources photojournalism is expected to cut into the business of the long-suffering professional news photographers. Here are some thoughts as to why crowd-sourced mobile photography may not be the boom angel investors are hoping for.

Shutterstock Q2 Revenue: $56.8 Million

By Jim Pickerell | 596 Words | Posted 8/8/2013 | Comments (1)
Shutterstock has reported a record 24.3 million downloads and $56.8 million in revenue in Q2 2013. Revenue per download grew 5% year-over-year to $2.33. This was driven by a continued shift toward on demand, direct sales and footage downloads, all of which carry a higher effective price-per-download. The Shutterstock collection has grown to more than 28 million images and over 1 million video clips.

Facebook Infringments

By Jim Pickerell | 137 Words | Posted 8/8/2013 | Comments
Has someone grabbed one of your images and posted it on Facebook without your permission? On the Stockphoto blog Stacy Walsh~Rosenstock recently outlined a simple procedure for getting your image off the offending page.

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.