Business Week has announced a major increase in assignment and space rates for the images they use. Stock uses should be similar to the space rates, if not higher. The space rates are dramatically higher than the editorial numbers in ''Negotiating Stock Photo Prices'' or ''PhotoQuote''.
Stories this month include: Getty Acquires VCG, Getty's Year End results, How Getty's story to investors differs from what they are telling photographers, Changing Educational Uses, Your Next Career and Is Video In Your Future?
There are persistant rumors that The Stock Market will be acquired by Corbis in the near future. Richard Steedman has denied the rumors in talks with photographers. In this story I discuss the pros and cons of such a merger and suggest things photographers should be considering.
The stock photo industry needs to totally revise its pricing model for uses in educational publishing as it takes into account new methods of distributing educational content. This story tells you why and outlines industry changes.
News about Corbis, Saba, Time-Life Books, Index Stock Imagery, Speedpix, Corbis Acquiring Footage Now, Sheldon Marshall Launches GlobalState and more.
Getty Images has agreed to acquire VCG for $220 million. Getty now owns the three major suppliers of stock images. It is predicted that Getty's revenues for 2000 will be about $440 million which would be about 35% of the total stock industry.
As methods of communication change and the stock photo industry becomes more controlled by big business and saturated with content it is time for many photographers to begin thinking about a course change for their career. This story outlines some of the reasons why this course change may need to be made soon.
It's time for stock photographers to take a look at video. The costs televison quality video equipment has come way down and the potential demand for this type of photography is about to skyrocket. Review the options and learn what you need to know to get started.
Shorts on Getty Rumors, Todtri and Picture Perfect, New York Times IPO, Happy Photographers at Corbis, Corbis Sub-Agent Strategy and Devaney Stock Photos.
Trend Watch reports that there is increasing demand for creative professionals to create designs that can be used across all media such as web pages, print ads, broadcast, direct mail, billboards, etc. This could result in sales for higher prices, but require much more tracking to be sure you are paid properly.