Articles by Jim Pickerell

Random Thoughts 29

By Jim Pickerell | 1126 Words | Posted 2/24/2001 | Comments
This story included short items on Randomeye, Allsport Copying Empics Web Site, new pricing for web & power point user at Getty & Corbis, Sygma images going into database, Promotions and Resignations at Corbis and Elsner back to consulting.

Getty's Year 2000 Results

By Jim Pickerell | 1946 Words | Posted 2/9/2001 | Comments
Getty reported 4th Quarter 2000 revenue of $129.4 million, up less than 2% from $127 million in the 3rd Quarter and below analysts's estimates. E-commerce sales represented almost $49.3 million of 4th Quarter revenue and $165 million for the year. Under 25% of gross revenue was paid to image creators in 2000.

Photographer Income & Expense Survey

By Jim Pickerell | 439 Words | Posted 2/6/2001 | Comments
The Photographer Income and Expense Survey for 2000 is available online for photographers to fill out. Any stock photographer, subscriber or not, may reply to this survey by going to http://www.pickphoto.com/sso/survey2001.htm Results will be published at the end of April.

ASMP Files SEC Complaint Against Getty Images

By Jim Pickerell | 761 Words | Posted 2/6/2001 | Comments
ASMP has filed a complaint with the SEC against Getty Images for failure to report to the SEC Penny Gentieu's suit involving copyright infringement, false designation of origin, breach of fiduciary duties and breach of contract. ASMP alleges this could result in an award in excess of $2 million plus attorney fees and costs, and thus is significant information for Getty investors.

Getty Photographers Respond to Contract Proposal

By Jim Pickerell | 2126 Words | Posted 2/6/2001 | Comments
Photographers contracted to Stone, The Image Bank, FPG and other VCG brands have formed a new group called StockArtistsAlliance (SAA) to jointly retain counsel to negotiate the new Getty contnract. This story included a letter outlining issues not dealt with in the contract outline supplied by Getty (Story 373).

Analysis Of Getty Contract Outline

By Jim Pickerell | 1763 Words | Posted 2/1/2001 | Comments
On the surface Getty's new contract outline is an improvement over existing contracts, but there are still a number of issues that should be examined closely when the contract is finally released. This story outlines some of those issues.

Getty Outlines New Photographer Contract

By Jim Pickerell | 577 Words | Posted 2/1/2001 | Comments
Getty has provided their photographers with an outline of features for a new streamlined cross brand contract. Details of the features are listed in this story. Getty expects to release the entire contract sometime in the next two months.

Staff Reduction At Corbis

By Jim Pickerell | 1476 Words | Posted 1/19/2001 | Comments
Corbis has layed off approximately 80 of its 1,300 employees in the marketing, technology, and analog operations in New York, Bellevue, Los Angeles and London. They have restructured their business in three separate market groups -- Creative Professionals, Business Communicators and Consumers -- in an effort to improve productivity.

Searching Across Image Brands

By Jim Pickerell | 1218 Words | Posted 1/19/2001 | Comments
Several companies offer software that will simultaneously search many agency web sites. In this story we focus primarily on Random Eye's Image Grabber and compare it with 1StopStock. Such systems will aid in increasing traffic.

Getty's Challenge

By Jim Pickerell | 1521 Words | Posted 1/14/2001 | Comments
There are widespread expectations that Getty will offer a new contract to TIB photographers early in 2001. This story looks at the some of the difficulties Getty will have in producing a contract that would work across all brands.

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.