This story has items on Veer & Photonica Alliance, Getty's Preparations for Olympics, Getty Selling Fine Art Prints Through Amazon, UK Newspapers Not Crediting Photographers, NY Subway Picture Ban, and Greeting Card Market.
In the SAA newsletter recently photographers Mark Harmel and Peter and Georgina Bowater described their odyssey in trying to find distributors for their science and healthcare images. This article is instructive to all photographers seeking agents and to agents that would like to better understand the concerns and needs of photographers.
The newest way to sell stock photography is through subscriptions. The image quality is improving, the fees for usage are low, and most companies engaged in this line of business wholly own most of the images they license. The number of customers using subscription services is growing significantly. Pat Hunt has taken a look at the major player and explained how the business works.
This story has short items on: Stone+, 100% Digital Workflow at Corbis, VPAimages and Photolibrary in Asia, Masterfile Moves Representation, Stockbyte Three Tier Pricing, Iconica Expands in Europe, Black Star and Stockshop/Medichrome and Image Source 7 Catalog.
This stroy details my calculations of total worldwide revenue generated from the sale of still stock images and stock illustrations in 2003. I believe it was about $1.5 billion and have provided details as to how I arrived at that figure. I also discuss revenue for various segments of the market.
This story has short items on: Customer Concerns with Getty Sports League Partnerships, E-Data Sues Getty and Corbis, Date Set for PACA International Conference, Index Stock To Use PicScout, New Strategy for Stock Image, Stockbyte Introduces Filtration and ImageState Relaunches Website.
This print edition of the newsletter has stories on: Editorial Stock Challenges; PictureArts Buys Nonstock; Great Quarter for Getty; Jupitermedia Buys Comstock; A21 Acquires SuperStock; Freeny Attack; Alamy Exceeds Million Images; Enforcing Your Copyright; PicScout Image Recognition; WireImage and the NFL and SAA Investigative Shopping.
Getty Images reported record first quarter revenue of $156.5 million, a 20.1% growth over the $130.3 million earned in Q1 2003, and 16.4% growth over the $134.4 million in sales in Q4 2003. They benefited significantly from currency exchange rates, but even excluding this benefit revenue still grew by 11%.
Some lessons for stock photographers farom the fashion industry. Are the high fashion, edgy looks the best sellers in clothes or pictures, or is it really about basics?
PictureArts has completed an agreement to acquire Nonstock and will establish an East Coast office in the Nonstock offices in New York. Currently PictureArts has two RM brands -- FoodPix and Botanica -- and the RF brand, Brand X Pictures. This acquisition probably makes Picture Arts the 4th largest image seller headquartered in the U.S.