Articles by Jim Pickerell

iStockphoto Cuts Prices

By Jim Pickerell | 766 Words | Posted 7/16/2013 | Comments
iStockphoto has announced today that 1/2 of its imagery is now 1/2 of its former price. Prices for non-exclusive images used to be: 1, 4, 7, 10, 12, 15, 18 credits based on file size.  Now those prices have dropped to 1, 2, 3, 4, 5, 6, 7 credits with the price for the largest file size being only 39% of what was formerly charged.

Yuri Arcurs Invests $1.2 Million in Scoopshot

By Jim Pickerell | 455 Words | Posted 7/16/2013 | Comments (2)
Backed by Yuri Arcurs, Scoopshot is launching a new service for crowdsourcing photography on-demand in minutes after the customer makes a request. Scoopshot gives photo buyers the ability to instantaneously place assignments in front of the company’s global network of 280,000+ mobile photographers.

Is Shutterstock’s Valuation Realistic?

By Jim Pickerell | 1495 Words | Posted 7/15/2013 | Comments (2)
Over the weekend, Seeking Alpha (SA) published an article aimed at the investment community entitled, “Shutterstock Valuation Makes Me Shudder.” The points made in this article are well worth considering, not only for investors, but for anyone interested in earning a living in the business of stock photography.

iStockphoto Download Trends

By Jim Pickerell | 3005 Words | Posted 7/12/2013 | Comments (1)
Since early in 2009 I have been tracking downloads of 192 of iStockphoto’s most productive contributors. All of them have more than 48,000 downloads and 130 of them have more than 100,000. There are others with high numbers of downloads that I have not tracked for as long a period, and I’m sure there are a few I have not identified. Nevertheless, I believe this group is very representative.

Smartphone Photographers Sell Pictures

By Jim Pickerell | 624 Words | Posted 7/11/2013 | Comments
An increasing number of mobile phone photographers in Europe are contributing images to Scoopshot. The company recently released the total number of images uploaded to the five tasks that photographers have found most interesting. Amazingly, 27,788 images were submitted to a request from WAZ Media Group in Germany for pictures of interesting coffee cups.

PhotoShelter Introduces Beam

By Jim Pickerell | 167 Words | Posted 7/10/2013 | Comments
PhotoShelter has launched Beam, a new web platform that makes it easy for photographers to create exciting portfolio sites with a contemporary look. Initially, they have provided four innovative templates, but more variations are expected in the near future.

UK’s Copyright Hub Launched

By Jim Pickerell | 838 Words | Posted 7/9/2013 | Comments
The UK’s Copyright Hub has launched its pilot phase. It is designed to be a gateway to information about copyright in the UK and point those interested in the right direction to get permission to use a copyrighted work.

Alamy Founders Invest in “Manything” Startup

By Jim Pickerell | 432 Words | Posted 7/5/2013 | Comments
James West (Alamy CEO) and Mike Fischer (Alamy Chairman) have invested in a smartphone video start up called Manything, an innovative new video recording service that uses smartphones and tablets as remote video cameras.

Offset Update

By Jim Pickerell | 1890 Words | Posted 7/2/2013 | Comments
Shutterstock’s Offset brand that was announced in April is moving forward. Currently the site has more than 27,000 images with more images and artists added every day. Customers are already licensing images, but Offset is currently in an invite-only beta. If you would like to take a look at what’s on the site go to http://www.offset.com/ and request access.

PACA Changes Name

By Jim Pickerell | 139 Words | Posted 7/2/2013 | Comments
PACA has changed its name to PACA, The Digital Media Licensing Association. While the name Picture Archive Council of America has served the organization well, it has become apparent that it no longer accurately reflects today’s photography licensing business, or the membership of the organization.

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.