Articles by Jim Pickerell

Shutterstock Q3 2016 Financial Results

By Jim Pickerell | 1711 Words | Posted 11/4/2016 | Comments
Shutterstock has reported Q3 2016 revenue of $123.1 million up 15% from $107.3 million compared to Q3 2015. The growth is due mainly to new customers and increased activity by enterprise clients. The average price per download during the quarter was $2.91, up from $2.76 in Q3 2015 and from $2.81 in Q2 2016. There were 41.2 million paid downloads in the quarter and 102.7 million still images and illustrations in the collection at the end of the quarter up 61% from 63.7 million a year ago.

Getty Launches Verbatim

By Jim Pickerell | 374 Words | Posted 11/3/2016 | Comments
Getty Images has launched a new commercial assignments venture, Verbatim and is dedicating focus, resource and its world-leading photo expertise to capture the opportunity within the commercial sector to bring authentic visual storytelling to the fore.

Shutterstock’s Distributes AM Stock-Cameo Film Library

By Jim Pickerell | 252 Words | Posted 11/3/2016 | Comments
Shutterstock has announced an exclusive three-year agreement with AM Stock-Cameo to make more than 60,000 HD clips available to Shutterstock users. This robust, diverse library features aerial footage, explosions, driving plates, and shots of hospitals, military bases, schools, and more. This is essential footage for transition and establishing shots.

Stock Photo Business In China

By Jim Pickerell | 2016 Words | Posted 11/3/2016 | Comments (1)
Chai Jijun, Co-Founder and EVP of Visual China Group (VCG) provided a very detailed and complete picture of the stock photo business in China when he gave the keynote address at the DMLA 2016 Conference last week. The following is his presentation.

Stocksy: Highly Curated Content vs. UGC

By Jim Pickerell | 1138 Words | Posted 11/2/2016 | Comments
Will crowd-sourcing images (UGC) or highly curated collections from professional creators be the future of stock photography? All the major suppliers of stock imagery are focused on acquiring more User Generated Content, but long range will that be the best way to grow revenue or create the most usable collections for image consumers? At the recent DMLA 2016 Conference Brianna Wettlaufer, CEO of Stocky United, talked about an alternative to UGC and how to run a viable, sustainable and profitable photographer’s co-op.

european pressphoto agency and Shutterstock Sign Global Distribution Deal

By Jim Pickerell | 264 Words | Posted 11/2/2016 | Comments
Shutterstock, Inc. has signed a deal with the european pressphoto agency b.v. (epa) to distribute its unique collections of visual content globally. Beginning in January 2017, Shutterstock’s editorial customers, which include some of the largest media companies and publishing houses, will be able to license epa’s daily image content from around the world.

Adobe Stock Partners With Reuters

By Jim Pickerell | 545 Words | Posted 11/2/2016 | Comments
Adobe Stock has announced a partnership with Reuters that will enable creatives to access Reuters editorial content, as well as over 60 million royalty-free commercial photos, videos, illustrations, graphics, 3D assets and templates.

Unification Of iStock And Getty Images Sites

By Jim Pickerell | 1308 Words | Posted 11/1/2016 | Comments
Big changes at Getty are on the way. Getty has supplied its contributors with the following information about a Unification project that will create common platforms for both iStock and Getty Images contributors. While many specifics have been provided there are still a number of questions about how this may impact current contributors and industry competitors. I will comment in a later article. In the meantime, I will be very interested in comments or questions anyone in the industry might have.

GDUSA Stock Visual Reader Survey

By Jim Pickerell | 1160 Words | Posted 10/26/2016 | Comments
The 30th annual GDUSA Stock Visual Reader Survey, is now available. GDUSA says that stock visuals have become a vital creative resource for graphic designers, moving over the 30-year period from marginal to mainstream to essential.

Maria Pallante Removed as Head of Copyright Office

By Jim Pickerell | 730 Words | Posted 10/25/2016 | Comments
After five years in the position of US Register of Copyrights, Maria Pallante was fired last Friday. Pallante was informed of her change in roles by being locked out of her computer. Maria has been a huge advocate for the rights of Creators and instrumental in the industry’s efforts for modernizing the Copyright Office and the creation of a Small Claim’s Court for Creators. She has been seen as being fair and unbiased by all who know her.

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.