Articles by Jim Pickerell

Wemark Enters Stock Photography Marketplace

By Jim Pickerell | 738 Words | Posted 4/30/2018 | Comments
Wemark has announced on VentureBeat.com that it is looking to replace existing agencies in the stock photography marketplace with a blockchain strategy that supports direct transactions between creators and customers and gives photographers control over the price of their photos.

Shutterstock Q1 2018 Financial Results

By Jim Pickerell | 1009 Words | Posted 4/26/2018 | Comments
Shutterstock has reported Q1 2018 revenue of $153 million up $22.8 million compared to $130.2 million in Q1 2017. On a constant currency basis revenue grew about 12.8% compared to the first quarter of 2017. The revenue was also up $1.8 million from Q4 2017. Revenue per download averaged $3.40 per image, an 16.8% increase over Q1 2017.

Editorial Photography Future

By Jim Pickerell | 702 Words | Posted 4/25/2018 | Comments
A few months ago in an interview promoting his new book The Good Fight: America’s Ongoing Struggle for Justice, Rick Smolan was asked “How has technology disrupted photography.” Rick has been an editorial photographer since the 1980s, shot for Time, Life and National Geographic and may be best known for his “Day in the Life Of” series of books. The first six minutes of the interview is worth a listen.

CEPIC Congress Coming In Berlin

By Jim Pickerell | 263 Words | Posted 4/25/2018 | Comments
It’s about a month before the 2018 CEPIC Congress, the premier annual meeting of commercial still and moving image suppliers, will take place from 30 May to 1 June at the Maritim proArte hotel in Berlin. Currently 250 delegates from 150 companies and 29 countries are scheduled to attend.

Images On Getty They Can’t License

By Jim Pickerell | 366 Words | Posted 4/24/2018 | Comments
Does anyone know. who owns the copyright to image 607387712 of Marilyn Monroe on Gettyimages.com. Evidently Getty doesn’t. It seems that Getty has the rights to license the image for “Standard Editorial Rights,” but that does not include commercial use rights or print cover rights. Evidently it also doesn’t include the right to license a use for wall décor because Getty will not license the image for that purpose.

SmugMug Acquires Flickr

By Jim Pickerell | 942 Words | Posted 4/23/2018 | Comments
SmugMug, an independent, family-run company, has acquired Flickr from Verizon’s digital media subsidiary Oath. Flickr was founded in 2004 and sold to Yahoo in 2005. Yahoo, in turn, was acquired by Verizon in 2016 for $4.83 billion. Verizon combined Flickr with AOL to create a new subsidiary called Oath.

BrandCamp By Cavan Images

By Jim Pickerell | 853 Words | Posted 4/19/2018 | Comments
As more and more photographers with experience at putting together high production value shoots are leaving the stock photo business major brands are beginning to have trouble finding the images they need in stock photo files. There are plenty of cheap images and plenty of candid, “real life” images, available as stock photos, but often they don’t fit the concepts brands have in mind.

Photo Ten Five: New Information Resource

By Jim Pickerell | 339 Words | Posted 4/19/2018 | Comments
If you’re looking for information about all things related to photography, and are afraid you might have missed something important, you might want to check out Jain Lemos’ new Photo Ten Five website.

Declining Distributor Sales

By Jim Pickerell | 1299 Words | Posted 4/18/2018 | Comments
Back in the 1990s and early 2000s stock photo agencies began placing more and more copies of the images they represented with distributors around the world. Initially, this resulted in significant increases in revenue for the image creators and the primary agencies. The Internet and agency consolidation has changed all that, particularly for the image creator. Now, in many cases the distributor system has simply become a way to siphon off a bigger portion of the gross fee paid by the customer to middlemen before the image creator gets his share.

Image Source Partners With Luxy Images

By Jim Pickerell | 313 Words | Posted 4/16/2018 | Comments
Image Source has announced a new strategic partnership with high end brand, Luxy Images to deliver a bespoke (customized) image service direct to clients in Europe at www.imagesource.com.

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.