Articles by Jim Pickerell

Jupitermedia Acquires ArtToday

By Jim Pickerell | 1096 Words | Posted 8/18/2003 | Comments
ArtToday.com and its Photos.com subscription service was recently acquired by Jupitermedia. Photos.com has 70,000 images online, and has been more than doubling revenue every six months. Alan Meckler, Jupitermedia's Chairman, expects Photos.com to generate more than 50% of the ArtToday division revenue in 8 to 15 months. Photos.com is seeking RF content from photographers and agencies.

Solus Rumors Incorrect

By Jim Pickerell | 530 Words | Posted 8/5/2003 | Comments
Rumors have been floating around the industry that Solus Images has been sold, but Ari Kopelman, President of Solus, says they are ''categorically incorrect.'' Solus is still owned by Kopelman, Ira Shapiro and the investment bankers. For more about Solus see this story.

Is Corbis Headed For An IPO?

By Jim Pickerell | 792 Words | Posted 8/1/2003 | Comments
According to the Puget Sound Business Journal followers of Corbis believe a public offering may be in the planning stages. VP Jennifer Hurshell said ''We haven't ruled out categorically diversifying ownership, but we have no plans at this time.''

Getty Images On Track For Best Year Ever

By Jim Pickerell | 3490 Words | Posted 7/25/2003 | Comments
Getty reported second quarter 2003 revenue of $127.7 million, down slightly from the $130.3 million in first quarter 2003. Net income was $0.23 per diluted share. There was a significant shift in RF/RM sales mix in the direction of Royalty Free. The company expects revenue in the range of $505 million to $515 million for all of 2003.

NFL To Close Photo Library

By Jim Pickerell | 1840 Words | Posted 7/17/2003 | Comments
The NFL intends to close its publishing office and its still photo library, NFL Photos, by the end of the 2003 football season. Both Getty and Corbis have expressed some interest in taking over the operation, and other options are being considered. All the images are owned by the hundreds of photographer that NFL Photos represents.

Iconica

By Jim Pickerell | 1267 Words | Posted 7/17/2003 | Comments
The Japanese company, Amana, that markets the Photonica brand in the West has launched a new brand called Iconica. Iconica images, while contemporary, are much more illustrative and subject based than the typical conceptual Photonica image. They are more focused toward classic concepts and explore metaphors and ideas. Iconica also has a new model for handling exclusive licenses.

RF Seat Licenses

By Jim Pickerell | 1286 Words | Posted 7/17/2003 | Comments
Think RF prices are too low? Some photographers who shoot RF for Getty brands are finding that sales reports show single image licenses of over $1,000 and others in the $850 and $650 range. How's that possible? Nobody has list prices for single images that are that high!! Find the answer in this story.

Vitucci To ImageState

By Jim Pickerell | 289 Words | Posted 7/9/2003 | Comments
ImageState has appointed Michele Vitucci as its Chief Operating Officer. Vitucci was formerly Managing Director of Getty Germany and Getty Europe. ImageState also announced that the Company is still losing money and that further cost reductions coupled with revenue growth are required to achieve breakeven.

Leading Stock Photo Sellers

By Jim Pickerell | 1239 Words | Posted 7/9/2003 | Comments
This story lists leading stock agencies and divides them into three categories -- those that I believe have annual gross revenue in excess of $20 million; those with revenues between $5 million and $20 million and those with revenues between $1 million and $5 million.

July 2003 Selling Stock

By Jim Pickerell | 8272 Words | Posted 7/1/2003 | Comments
This issue contains stories on: A21 to Acquire Superstock, RF Metamorphosis, Zefa Moves to London, Marketing Images in Japan, Image State Revenue Down, Stock Boston Strategy, CEPIC 2003 Congress, Rex and Olycom Partner, New Release from Hemera, Getty Assignment Program, Corbis Royalty Payments, Print and Prepress Trends, Color Management and Keywording and Broccoli.

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.