Shutterstock has reported Q3 2017 revenue of
$141.1 million up $18.0 million, or 14% on a constant currency basis, compared to Q3 2016. The revenue was also up $7.1 million from Q2 2017. Revenue per download averaged $3.23 per image, an 11% increase over Q3 2016. About
27% of revenue, or roughly $38.09 million, was paid out in royalties to contributors.
Photographers and agencies complain about Copyright Infringement. But, in many ways they make it hard for customers to discover who owns an image, whether it is one that needs to be licensed and how to properly license it. Most people in business will tell you that if you want to sell more products you need to make it easier for customers to find and pay for your products.
Stock photo agents tell me that they can’t offer a system that would let customers search for just the images that have been licensed at least once because their photographers will complain.
Photographers at
PhotoPlus Expo report that they are receiving invitations to join
AdobeStock, but Adobe wants them to sign an NDA (non-disclosure agreement) before they get information about what the invitation is all about.
Stock photographers in the New York metropolitan area still have time to attend the
PhotoPlus Expo that has run from October 26th through tomorrow October 28th.
After ten years running
Visual Connections LLC, co-owners Deborah Free and Edward Leigh have decided to make it available for acquisition.
Blend Images LLC, a leading stock photography agency, has announced that CEO Rick Leckrone has resigned, effective immediately. Sarah Fix, Creative Vice President has been named CEO by Blend's LLC Managers.
The question for today is: “Does adding to an image collection automatically grow revenue?” and the companion question “Must an image be NEW to be useful to a customer?” Shutterstock supplies some detail that is instructive and worth reviewing.
Benji Lanyado, CEO & Founder of
Picfair, the London-based fair trade photography platform, has used a
blog post and a
tweet to call on the photographer community to turn away from free images websites that offer "exposure" in return for free images.
Capture will be showcasing its new front-end Capture WEBSITE 3 technology – the window to your assets which forefronts audience engagement - at the
DMLA 2017 conference in New York on October 22-24.