Articles by Jim Pickerell

Micropayment Impact

By Jim Pickerell | 1042 Words | Posted 3/23/2007 | Comments
A photographer recently asked, "Does Getty's participation in these new stock licensing models (micropayment) dilute the company's potential future income and the prospects for their shareholders?" This story explains my answer.

Random Thoughts 133

By Jim Pickerell | 1680 Words | Posted 3/23/2007 | Comments
This edition includes the following stories: Getty Launches 'Orchard' An Assignment Photography Division; Advertising Growth; Warren Buffet Condemns Newspaper Business As Investment; Global Internet Advertising Forecast To Grow 21% For Each Of Next Five Years; Images In Getty Collection; Digital Camera Growth; Getty To Acquire Princess Diana Collection; Direamstime Reports New Numbers; German Stock Photography Market; VPD To Use Digital Railroad; and Aurora Select Launched.

China's Stock Photo Market

By Jim Pickerell | 3538 Words | Posted 3/16/2007 | Comments
On a recent trip to China I interviewed a number of photographers and stock agents. This story provides a perspective on where the stock photo industry in China is today and offers some predictions for the future.

Revenue Up In Q4 At Jupitermedia

By Jim Pickerell | 1184 Words | Posted 3/15/2007 | Comments
Jupitermedia Corporation had revenues of $34.8 million for the quarter ending December 31, 2006 exceeding the guidance it had given of $33 to $34 million. Revenue was up almost $1 million from the previous quarter and up 5% from $33.2 million in the same quarter in 2005. Total revenues for all of 2006 were $137.530 million and the Online Image division revenues were $106.636 million.

No Getty Takeover Of Jupitermedia

By Jim Pickerell | 562 Words | Posted 3/13/2007 | Comments
The discussions between Getty Images and Jupitermedia about Getty's possible acquisition of the smaller company have been terminated and each company will go its separate ways. This has made many in the industry very happy.

Press Releases 33

By Jim Pickerell | 2163 Words | Posted 3/13/2007 | Comments
Included in this group of releases are: Getty Acquires Scoopt; Ressmeyer Resigns As PACA President; Alamy Exceeds 8 Million Images; Hughes Launches Equity Images; age fotostock Renovates Website; Eyecandy Launches E-Commerce Website; Warner Bros. Footage Available At Gettyimages and Photos Horticultural Launches Website.

March 2007 Selling Stock

By Jim Pickerell | 202 Words | Posted 3/1/2007 | Comments
Included in this edition are: Getty In Talks To Acquire Jupiter; Getty Acquires Wireimage; 2007 Image Buyer Survey; Revenue Growth; Will Flickr Sell Stock Images?; Internet Ad Spending; Pricing Internet Uses; Getty Reports 2006 Results and much more.

Press Releases 32

By Jim Pickerell | 2232 Words | Posted 3/1/2007 | Comments
Included in this group of releases are: Getty Acquires Michael Ochs Archive; Dreamstime.com Offers Professional Insight In New Community Blog; Image Source Makes Fast Growth Award Shortlist; Photononstop Has Successful Year; A21 Appoints VP Sales and Marketing; VPD Relocates and Hires Staff and Getty Announces Editorial Photography Grant Winners For 2007.

Getty Acquires WireImage

By Jim Pickerell | 861 Words | Posted 2/22/2007 | Comments
Getty Images, Inc. has announced that it has entered into an agreement to purchase WireImage, a leading creator of entertainment and event imagery, for approximately $200 million in cash. The deal also will include MediaVast, Inc. the owner of WireImage, and sub-brands FilmMagic and Contour Photos.

Getty In Talks To Acquire Jupitermedia

By Jim Pickerell | 1171 Words | Posted 2/21/2007 | Comments
The New York Post reported today that Getty Images, Inc. is in advanced talks to acquire Jupitermedia Corporation for an estimated price of $450 million. The Post said that Getty officials have been meeting with Jupitermedia CEO Alan Meckler and conducting due diligence away from Jupiter's Darien, Connecticut-based headquarters in order to avoid alarming employees. Meckler declined to comment, and a spokeswoman for Getty did not return calls for comment.

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.