Articles by Jim Pickerell

Photographers Sue Getty Images Over Premium Access

By Jim Pickerell | 446 Words | Posted 10/28/2008 | Comments (2)
Photographers Roger Ressmeyer, Richard Minden and 82 other named complainants have filed a copyright infringement suit against Getty Images in the Eastern District of New York. The plaintiffs allege that licensing their rights-managed images as part of Getty's Premium Access subscription product is a violation of existing contractual agreements.

Corbis Predicts Slight Industry Decline by 2012

By Jim Pickerell | 390 Words | Posted 10/28/2008 | Comments
Corbis predicts still-image sales will decline only slightly by 2012. However, this is no reason to be sanguine, as the same total will be divided differently among various industry segments. In addition, this analysis was completed during the summer, prior to the more recent economic disruption.

Corbis To Reduce Rights-Managed Royalties, Sustain Q3 Profitability

By Jim Pickerell | 354 Words | Posted 10/28/2008 | Comments
During a weekend seminar at PhotoPlus Expo in New York, Corbis has announced that it will adjust rights-managed photographers' royalty rates downward "to harmonize its royalties with industry norms." Company CEO Gary Shenk also told Selling Stock that Corbis recorded a profit during the last quarter.

Survey Explodes "No Money in Microstock" Myth

By Jim Pickerell | 439 Words | Posted 10/17/2008 | Comments (3)
When talking about microstock, most traditional stock photographers like to say, "You can never make money selling pictures for $1.00!" The data from Selling Stock's recent survey and other available industry information tends to explode that myth.

Survey: Stock Income per Licensing Model

By Jim Pickerell | 457 Words | Posted 10/16/2008 | Comments
Stock photography is licensed in several ways. Of 238 respondents to the recent Selling Stock survey, 179 licensed some work as rights-managed, and 37 licensed under Getty Images' rights-ready model. Stock income reported was usually less than the respondents' total income, because many photographers earned some revenue from sources other than stock.

Survey: Highest End of Stock-Photo Market

By Jim Pickerell | 316 Words | Posted 10/15/2008 | Comments
The first thing to consider when reviewing the results of the Selling Stock income survey is the degree to which these figures represent the total community of individual stock-image producers.

Survey: Photographer Income Sources

By Jim Pickerell | 209 Words | Posted 10/15/2008 | Comments (1)
Stock shooters who also do assignment work earn as much from it as from stock, but their average income from stock is much lower than the overall stock-revenue average. In addition, footage producers emerge as overall revenue winners.

Stock Photography In Economic Downturn

By Jim Pickerell | 555 Words | Posted 10/15/2008 | Comments
The economic downturn is likely to hit traditional stock shooters hard. Advertising theory says that when sales go down, it is important to increase advertising spending in order to increase market share. Combined with the possibility of assignment budgets moving toward stock, some professional photographers hope that advertisers will buy more images. This is highly unlikely.

2007 Income Survey Results

By Jim Pickerell | 408 Words | Posted 10/14/2008 | Comments (6)
Selling Stock's self-employed photographer income survey accounts for close to $33 million in revenues generated by 238 respondents from 19 countries.

Sorting Out IndexStock Obligations

By Jim Pickerell | 726 Words | Posted 10/7/2008 | Comments (2)
When Photolibrary acquired IndexStock in late 2006, it took on the obligation of paying contributors all they were owed by the previous owners. To date, Photolibrary has paid out $1.96 million to 632 individual photographers. (All pre-acquisition monies owed to third-party suppliers have also been paid.) One of Photolibrary's first moves was to pay all contributors the amounts owed for sales booked in the six months prior to acquisition.

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.