Articles by Jim Pickerell

Shutterstock Q3 2018 Financial Results

By Jim Pickerell | 1329 Words | Posted 10/30/2018 | Comments
Shutterstock has reported Q3 2018 revenue of $151.6 million up $7.5% million compared to Q3 2017. (The comparison excludes the 2017 revenue from Webdam which was divested in Q1 2018.) Gross revenue was and down from $156.6 million in Q2 2018. Revenue per download averaged $3.40 per image, compared to $3.23 in Q3 2017. (Much of this growth is probably due to increased sales of video content offered at much higher prices than still image content.)

Sports Photographers’ Win Appeal Against NFL

By Jim Pickerell | 253 Words | Posted 10/29/2018 | Comments
The US Court of Appeals for the Second Circuit reinstated copyright infringement claims by sports photographers against commercial users of their photographs, finding that the licenses that the photographers had granted to one of those users did not permit it to grant a sublicense to the other to use those photographs for free. Spinelli, et al. v. National Football League, et al.Case No. 17-cv-0673 (2d Cir. Sept. 11, 2018) (Lynch, J).

Image Creator Locator Update

By Jim Pickerell | 2563 Words | Posted 10/26/2018 | Comments
The following is an update of information I have supplied previously about the Image Creator Locator concept. The previous stories can be found here, here, here and here.

Where Users Find The Images They Need

By Jim Pickerell | 568 Words | Posted 10/25/2018 | Comments
The images created by photographers who are trying to earn a portion of their living from their work represent very small minority of the total images that can be found on the Internet. Every day the number of images on the Internet that require licensing becomes a smaller and smaller percentage of the total. While there may be 2 billion unique images online that photographers have on offer for licensing, that number is a very small percentage of the total images available for viewing.

Lower Prices: Last Thing Industry Needs

By Jim Pickerell | 864 Words | Posted 10/23/2018 | Comments
The last thing this industry needs is lower prices. However, it often seems that whenever someone wants to start a new business, or grow an existing one, they conclude that the most important distinguishing characteristic compared to their competitor must be lower prices. The new Onepixel offering clearly illustrates this point. A group of people with experience in the industry put together a new site. Based on their experience they are well aware of the type images in greatest demand by customers. They have previously built relationships with many of the creators of such images. They have a good idea for offering a small highly curated collection of images that will make it much easier for customers to quickly find what they need.

Onepixel: New Microstock Agency

By Jim Pickerell | 609 Words | Posted 10/23/2018 | Comments (1)
A few former Fotolia employees have joined forces to launch a new microstock site called Onepixel.com.  While at Fotolia these people were able to learn the type of pictures that customers are most interested in buying and build relationships with many of the photographers who have been most successful in producing such images.

Shooting Down Private Drones

By Jim Pickerell | 319 Words | Posted 10/22/2018 | Comments
The U.S. Senate has passed the FAA Reauthorization Act that will give authorities permission to shoot down private drones that are determined to be “threats.” The proposed law has sparked an outcry from civil liberties organizations.

Agence France-Presse Cutting Jobs

By Jim Pickerell | 189 Words | Posted 10/22/2018 | Comments
The CEO of Agence France-Presse Fabrice Fries has announced a "transformation plan" which will cut the number of employees by 5% at the end of 2017 in order to bring net profit of the company into equilibrium by 2021.

Dilemma: Chasing Unauthorized Uses

By Jim Pickerell | 1194 Words | Posted 10/19/2018 | Comments (1)
Photographers trying to earn a portion of their living from the images they produce get very upset when they discover that someone has used one of their images without permission or compensation. But, pursuing and collecting from such users can be a very complex process and raise some difficult issues.

Shutterstock Editorial Available On eCommerce Platform

By Jim Pickerell | 345 Words | Posted 10/17/2018 | Comments
Shutterstock, Inc. has announced that Editorial content is now available for license on its eCommerce Platform. Shutterstock Editorial offers images that capture the world around us, including a live feed of curated news, sports, entertainment and royal family images, along with access to a multi-decade archive of iconic images. Previously available only to Enterprise customers with Shutterstock Premier accounts, this collection is now available to all Shutterstock customers through Shutterstock.com/editorial.

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.