Articles by Jim Pickerell

Random Thoughts 124

By Jim Pickerell | 1807 Words | Posted 9/21/2006 | Comments
This edition has short items on: What Are Photographs Worth?; Some Thoughts About Microstock; GDUSA Survey; Other Micropayment News; Magazine Closing and Getty Images Adds AP Video.

Is There A Future For Stock Agents?

By Jim Pickerell | 4772 Words | Posted 9/20/2006 | Comments
Pino Granata of Granataimages in Italy, has circulated a letter to agency owners in Europe and the U.S. lamenting the trends the stock photo business has taken and questioning the future potential. I agree with his concerns and have responded to many of the points he makes in his letter.

Where Are Pricing and Volumes Headed?

By Jim Pickerell | 4739 Words | Posted 9/14/2006 | Comments
Recently a reader pointed out, "In the past you've been negative on the potential for stock photo industry growth in terms of pricing and volumes. Currently, are you seeing any likelihood of improvement in these areas?" This story outlines why I see little to no chance for improvement in the short or long term.

History Of The Stock Photo Industry

By Jim Pickerell | 8178 Words | Posted 9/7/2006 | Comments
This is a brief history of stock photography examining how it started and how it got to where it is today. I have tried to chronicle the key events and changes that have taken place in the last 80 years, in hopes that understanding the past will enable us to avoid repeating some of the same mistakes in the future.

September 2006 Selling Stock

By Jim Pickerell | 150 Words | Posted 9/1/2006 | Comments
This issue contains the following stories: Micro Payment; Who Uses iStockphoto?; $.25 Per Download Adds Up????; Getty Has Record Revenue Q2 2006; Where Does Riser Fit?; Alamy Reports Record Growth In Supply; Footage Market; More On Footage; Online Ad Spending Up

Volumes, Prices, Revenue Up At Corbis

By Jim Pickerell | 1376 Words | Posted 9/1/2006 | Comments (1)
Corbis has reported its revenue numbers for the first half of 2006 and CEO Steve Davis told Wall Street analysts that we have "just had the best two quarters in history." The company generated approximately $127 million up from $111.6 million in the first half of 2005. Projecting first-half revenue forward for the full year Corbis should gross in excess of $254 million for 2006, up from $228 million in 2005.

Rights-Ready Pricing

By Jim Pickerell | 789 Words | Posted 8/29/2006 | Comments
Getty has launched its Riser brand that offers Rights-Ready (RR) pricing. The price for image use in Printed Marketing Material or Product/Packaging is $800. So far there are 64,770 images available, but it looks like this includes a lot of similars. For example there are 16 shots of a woman sitting at a desk that differ only in slight variations of expression.

Press Releases 24

By Jim Pickerell | 1490 Words | Posted 8/25/2006 | Comments
Discovery Selects Getty Images To Distribute Footage And Photography, Lonely Planet And Navman Create Interactive Online Travel Guide, Photolibrary Acquires ABPL Food File, TemplateMonster.com Partners With Fotolia.com, Adobe Adds Collections, Corbis Appoints Co-Directors Of Outline, Marcus Benkwitz Becomes New Plainpicture Partner

Riser Again

By Jim Pickerell | 599 Words | Posted 8/24/2006 | Comments
Stock Artists Alliance (SAA) has written its membership expressing concerns about Getty's plans to launch its Rights-Ready collection called Riser. The issues center around the right of Getty to make images available through Riser without specific photographer approval, and the perpetual duration of licenses.

a21 2006 Six Months Results

By Jim Pickerell | 326 Words | Posted 8/15/2006 | Comments
a21, Inc. has reported $4,511,000 in revenues for Q2 2006, but only $3,023,000 of that was for the stock photo side of the business. ArtSelect which provides wall art for homes and businesses provided $1,488,000 in revenue in less that a month and a half. ArtSelect earned approximately $12 million in 2005 and would be expected to earn about $3 million in a full quarter, equal to what the stock photo side of the business generates.

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.