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.
Shorts on Getty Rumors, Todtri and Picture Perfect, New York Times IPO, Happy Photographers at Corbis, Corbis Sub-Agent Strategy and Devaney Stock Photos.
FPG has upgraded their on-line site and added their iSwoop Royalty Free products to the site. They also have on-line prices and the prices are HIGHER that those in Negotiating Stock Photo Prices, a welcome change from some of the other things that have been happening on the price front.
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.
Getty reports $79.9 million in sales for the 4th quarter of 1999, up significantly from the 3rd quarter. E-commerce sales are up in real terms, but about level as a percentage of total sales. Rumors about VCG acquisition.
Getty is telling the investment community one thing and their photographers something else. This story looks at what TSI photographers were told at a New York meeting on Jan. 21st, and how it fits with what Getty is telling investors.
Internationally recognized baby photographer Penny Gentieu has sued TSI for copyright infringement and non-payment of monies owed. She alleges that TSI is not pursuing third party infringers and allows images to be used long beyond their license term.
Stories this month include: SuperStock's launch of Express Pricing, an analysis of RF sellers, what Getty is telling Investors, what foreign agencies are looking for, and problems photographers are having shooting scenics in Santa Barbara.
On December 15, 1999 Art Wolfe sold 7,587 shares of Getty Images stock he received in ''Payment for Photo Rights'' a year earlier. When acquired the shares were valued at approximately $100,000. He sold them for $312,000.
In an effort to make the process of purchasing stock more hassle-free for the buyer SuperStock has instituted Express Pricing. A simplified list of 18 prices are expected to cover 80% of SuperStock's sales.