Articles by Jim Pickerell

Great Quarter For Getty Images

By Jim Pickerell | 2067 Words | Posted 4/23/2004 | Comments
Getty Images reported record first quarter revenue of $156.5 million, a 20.1% growth over the $130.3 million earned in Q1 2003, and 16.4% growth over the $134.4 million in sales in Q4 2003. They benefited significantly from currency exchange rates, but even excluding this benefit revenue still grew by 11%.

PictureArts Acquires Nonstock

By Jim Pickerell | 693 Words | Posted 4/16/2004 | Comments
PictureArts has completed an agreement to acquire Nonstock and will establish an East Coast office in the Nonstock offices in New York. Currently PictureArts has two RM brands -- FoodPix and Botanica -- and the RF brand, Brand X Pictures. This acquisition probably makes Picture Arts the 4th largest image seller headquartered in the U.S.

Fashion Sells Basics

By Jim Pickerell | 433 Words | Posted 4/16/2004 | Comments
Some lessons for stock photographers farom the fashion industry. Are the high fashion, edgy looks the best sellers in clothes or pictures, or is it really about basics?

Alamy Exceeds One Million Images

By Jim Pickerell | 463 Words | Posted 4/13/2004 | Comments
Alamy Images has announced that they have more than one million RM and RF images available for licensing from over 175 agencies and 2,500 plus photographers. This represents a 33% growth in content since this time last year.

PicScout Image Recognition

By Jim Pickerell | 895 Words | Posted 4/13/2004 | Comments
PicScout image recognition software and Image-Tracker is now being used by Zefa and Masterfile to identify unauthorized uses. The technology searches commercial areas of the web for images and compares them with a database of images supplied by the agency. It can detect images that have been cropped, resized or colorized.

Random Thoughts 77

By Jim Pickerell | 756 Words | Posted 4/13/2004 | Comments
This issue has stories on Media Bakery being temporarily off-line; Central Stock going out of business and selling assets on E-Bay; Corbis giving away Apples; and a new Photoshop magazine from Dynamic Graphics.

Random Thoughts 76

By Jim Pickerell | 1565 Words | Posted 4/5/2004 | Comments
This issue has stories on a Fire at Panoramic Images, Corbis Partners With InfoSpace Mobile, ImageState Staff Changes, AbleStock Adds Partners, and Index Stock Imagery Names Portuguese Distribution Agent.

WireImage And The NFL

By Jim Pickerell | 1301 Words | Posted 4/3/2004 | Comments
The NFL has offered WireImage a three-year contract to take over management of its NFL photo archive that will cost WireImage at least $500,000 per year in payments to the NFL. Observers think the deal is too heavily weighted in favor of the NFL and WireImage is expected to make a counter offer.

Comstock Sold To Jupitermedia

By Jim Pickerell | 1005 Words | Posted 4/3/2004 | Comments
Jupitermedia Corporation has acquired all the assets of Comstock for $20.85 million in cash. Jupitermedia had gross revenues of almost $47 million in 2003, but only $4 million of that was for licensing rights to stock photos and illustrations. It is believed that Comstock's current gross annual revenue is about $10 million.

SAA Investigative Shopping

By Jim Pickerell | 658 Words | Posted 3/30/2004 | Comments
The SAA (StockArtistsAlliance)is engaged in an ongoing study of Rights Managed usage fees worldwide and has uncovered some surprising price differentials. For some uses the price of purchasing an RM image from Getty Images in the UK is more than four times the price for the same usage in the U.S. In addition the price is determined by where the use is PURCHASED, not where the image is USED.

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.