The British Association of Picture Libraries and Agencies, which regularly surveys pricing trends, has released initial findings on the U.K. publishing industry. The industry, which is growing twice as fast as the rest of the economy, is the largest local media segment, eclipsing film, fashion, music and television. While publishers have always been a key image-licensing market, this year’s big trend is the rise of the ebook, both in the U.K. and other leading and emerging global economies.
The Digital Railroad blog has published details on the rationale behind the company's 50% increase of its share of image sales through the Marketplace. CEO Charles Mauzy also revealed some useful sales statistics and planned allocations of the newly generated revenue. But not all contributors are happy.
The last two Corbis "Creative IQ" reports profile business trends the company said were responsible for current and future image needs. On the entrepreneurial front, startups by ethnic minorities are outpacing their Caucasian counterparts in both the U.S. and the U.K. In addition, retiring boomers are causing a shortage in skilled science, engineering and technical employees.