Articles by Jim Pickerell

Is Small Claims The Answer For Protecting Copyright?

By Jim Pickerell | 731 Words | Posted 11/27/2012 | Comments (1)
For several years there have been discussions about the possibility of developing a simplified, less costly, less burdensome process for making a legal claim for unauthorized use of images. Currently all copyright infringement claims in the U.S. must be brought in Federal Court. Is a small claims system the answer?

Shutterstock Had A $42.3 Million Third Quarter

By Jim Pickerell | 1106 Words | Posted 11/21/2012 | Comments (1)
Shutterstock has reported revenue of $42.3 million for the third quarter, a 36% increase over Q3 2011. The company expects to generate revenue of $44 to $45 million in the fourth quarter. Based on that projection revenue for 2012 will be between $164 and $168 million, up $44.7 million compared to the 2011 revenue of $120.3 million. This will be a 37% increase in revenue for the year.

Alamy Lowers Royalties

By Jim Pickerell | 448 Words | Posted 11/20/2012 | Comments
Alamy has announced that beginning in January 2013 they will be reducing contributor royalty for direct and distributor sales by 10%. The new terms will be: Alamy Blue: Alamy commission 50%, Contributor commission 50% for Alamy Blue sales and 40% to the Distributor, 30% to Alamy, 30% to the Contributor for distributor sales.

Blend Images Launches Camera Phone Collection

By Jim Pickerell | 434 Words | Posted 11/20/2012 | Comments
A sure sign that camera phone images have become mainstream in the commercial image world is the announcement by Blend Images that it has added Memento, a new camera phone stock image collection, to its offering.  Memento will feature strongly conceptual and illustrative commercial content and will be available for licensing at www.blendimages.com and stock resellers worldwide in early 2013.

Which Agency Offers The Best Royalty?

By Jim Pickerell | 832 Words | Posted 11/19/2012 | Comments (3)
A photographer recently asked if I could point her to a chart that shows what royalty percentage each stock distributors pays its photographers so she could better determine which offered the best deal. She added, “I recognize that there were a number of factors involved -- home territories, partner agents, image collections, number of photographer’s images licensed, rights managed, traditional royalty free, microstock – so hopefully the chart would take all these factors into consideration.”

Alamy Offers Customers More Control With Alamy IQ

By Jim Pickerell | 311 Words | Posted 11/15/2012 | Comments
Alamy has launched Alamy iQ, a service designed to help customers better manage all the visual assets they own or have licensed rights to use. Alamy iQ will be particularly beneficial to global organizations that have people sourcing visual assets from many locations for a variety of uses. It will complement or replace existing asset management systems, help speed decision making and eliminate risk.

Bigstock Partners With CafePress and Emma

By Jim Pickerell | 209 Words | Posted 11/15/2012 | Comments (1)
Bigstock, a subsidiary of Shutterstock, has announced a new API program along with two world-class partners: CafePress Inc., The World's Customization Engine™, and Emma an email marketing provider. These partners will utilize Bigstock's recently released API to provide their customers with access to Bigstock's expansive library of professional, commercially licensable photographs and illustrations.

Dreamstime Seeking Images Created With Mobile Phones

By Jim Pickerell | 435 Words | Posted 11/14/2012 | Comments
Today more than a quarter of all photos taken are taken on smartphones. No longer is the mobile phone just a communication device. Now users can take pictures with their phones anywhere, anytime without worrying about heavy equipment or camera settings. As of this month Dreamstime has started accepting both editorial and commercial pictures that are shot using a mobile phone.

Foap Receives $500,000 in Funding

By Jim Pickerell | 308 Words | Posted 11/14/2012 | Comments (1)
Foap, the site that licenses crowdsourced travel images taken by iPhone user, has received an additional $500,000 in funding from Jade Global Investments. David Los, co-founder of Foap, attributes the company’s growth to a first-mover advantage in offering iPhone users an opportunity to monetize photos already stored on their phones.

Broken Business Model

By Jim Pickerell | 1239 Words | Posted 11/13/2012 | Comments
One of the programs at the recent PACA International Conference asked five industry visionaries to explore emerging trends and predict what the stock photo business will be like in 2022. There was general agreement that the current business model of licensing based on usage is broken and that in a few years (probably a lot less than 10) it will be necessary to develop a completely different approach to licensing.

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.