Getty photographers won in many key categories for the 2008 Best of Photojournalism contest held by the National Press Photographers Association.
In the last few years, the stock photo industry has experienced significant consolidation. The chart below lists 34 existing companies that have acquired a total of 197 agencies. In general, fewer large companies are controlling the industry as middle-sized and small companies disappear.
When people think about stock images, the first buyer market that comes to mind is typically not commercial print. However, perhaps it should be-depending on the category of images purchased.
Cutcaster, a community-based online content marketplace launched last week in New York, promises a new way to buy and sell stock images and video.
Big money is being spent for pictures of celebrities, but how much is going to the image creators?
Microstock cannibalization of traditional RF is occurring at a faster pace than I predicted in an earlier article "Royalty Free Trends At Getty." Getty has confirmed that iStockphoto earned $22 million in 2006 and $72 million in 2007.
iStockphoto, which is the third-largest generator of stock-image revenues in the world, has announced plans for a subscription offering. iStock says it is diversifying in response to customer demand.
Since the beginning of 2008, U.K. royalty-free producer Image Source has been phasing in a new pricing structure, along with several other changes in how it markets stock. According to company co-CEO Duncan Grossart, these changes support Image Source's core goal of remaining at the highest end of the stock-image market.