Articles by Jim Pickerell

Pictor Files Chapter 11 Bankruptcy

By Jim Pickerell | 362 Words | Posted 5/9/2001 | Comments
On May 3rd Pictor International, Inc., a subsidiary of Pictor International, Ltd. filed Chapter 11 bankruptcy in the District of Columbia. The company had total assets of $635,000 and debts of $1,278,341. The bankruptcy affects the U.S. subsidiary, not the parent.

2001 Stock Photographer Profits Survey

By Jim Pickerell | 1383 Words | Posted 5/2/2001 | Comments
Only 97 photographers responded to this year's survey. They had total stock income of $8,877,211 in 2000 and additional photographic income of $5,579,669 for a total photographic income of $14,456,880. Analysis of the data is in this report.

Sales Flat At Getty

By Jim Pickerell | 766 Words | Posted 5/2/2001 | Comments
Getty Images has announced sales of $125.8 million for the first quarter of 2001. This was about 4% below the $130 to $133 million guidance provided by the company on February 8th, and less than a million above the 4th quarter 2000 revenue of $124.9 million.

Opus Solutions UK

By Jim Pickerell | 936 Words | Posted 4/24/2001 | Comments
Opus Solutions UK provides technology services in the UK to Picture Libraries and Photo Agenices. About 40 agencies have almost 200,000 images in their system. Peter Arnold uses the service in the U.S. CORRECTION: I made some incorrect statements about Opus in my Random Thoughts 31 and this story serves to correct that mis-information and set the record straight.

Getty Sells Giraudon to Bridgeman

By Jim Pickerell | 508 Words | Posted 4/24/2001 | Comments
The Bridgeman Art Library has acquired Giraudon, the prestigious French fine art picture archive from Getty Images, Inc. This acquisition strengthens Bridgeman's position as the world's leading source of fine art images.

Pickerell Apologizes

By Jim Pickerell | 276 Words | Posted 4/19/2001 | Comments
I want to apologize to Corbis Corporation, its employees and my readers for an erroneous story about Corbis that I published in my Random Thoughts 31 on Monday, April 16th.

Letters To Newsweek

By Jim Pickerell | 2592 Words | Posted 4/16/2001 | Comments
Newsweek has recently lowered their day rate and some of the industry's leading photographers are saying enough is enough. Burke Uzzle and David Burnett have turned down work and written strong letters to Sarah Harbutt, Director of Photography at Newsweek. Their letters are printed here.

Random Thoughts 31

By Jim Pickerell | 1116 Words | Posted 4/16/2001 | Comments
This series of short items includes: Tony Stone (the man) is returning to the industry, Advertising spending down, ASMP endorses StockArtistsAlliance, Rightspring doesn't get financing, and more.

Sales Down At Getty

By Jim Pickerell | 791 Words | Posted 4/10/2001 | Comments
Getty Images, Inc. announced today that they expect revenue for the first quarter ended March 31, 2001, to be approximately $124 million, which is about five percent below the $130 to $133 million guidance to investors provided by the company on February 8th.

Dilemma For Getty Photographers

By Jim Pickerell | 2298 Words | Posted 4/6/2001 | Comments
The new Getty Images photographer contract has arrived and it seems that Getty and their photographers are operating at cross purposes. This story is my analysis of the current situation.

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.