Wemark has announced on
VentureBeat.com that it is looking to replace existing agencies in the stock photography marketplace with a blockchain strategy that supports direct transactions between creators and customers and gives photographers control over the price of their photos.
Shutterstock has reported Q1 2018 revenue of
$153 million up $22.8 million compared to $130.2 million in Q1 2017. On a constant currency basis revenue grew about 12.8% compared to the first quarter of 2017. The revenue was also up $1.8 million from Q4 2017. Revenue per download averaged $3.40 per image, an 16.8% increase over Q1 2017.
A few months ago in an interview promoting his new book
The Good Fight: America’s Ongoing Struggle for Justice, Rick Smolan was asked “How has technology disrupted photography.” Rick has been an editorial photographer since the 1980s, shot for Time, Life and National Geographic and may be best known for his “Day in the Life Of” series of books. The first
six minutes of the interview is worth a listen.
It’s about a month before the
2018 CEPIC Congress, the premier annual meeting of commercial still and moving image suppliers, will take place from 30 May to 1 June at the Maritim proArte hotel in Berlin. Currently 250 delegates from 150 companies and 29 countries are scheduled to attend.
Does anyone know. who owns the copyright to image
607387712 of Marilyn Monroe on Gettyimages.com. Evidently Getty doesn’t. It seems that Getty has the rights to license the image for “Standard Editorial Rights,” but that does not include commercial use rights or print cover rights. Evidently it also doesn’t include the right to license a use for wall décor because Getty will not license the image for that purpose.
SmugMug, an independent, family-run company, has acquired
Flickr from Verizon’s digital media subsidiary Oath. Flickr was founded in 2004 and sold to Yahoo in 2005. Yahoo, in turn, was acquired by Verizon in 2016 for
$4.83 billion. Verizon combined Flickr with AOL to create a new subsidiary called Oath.
As more and more photographers with experience at putting together high production value shoots are leaving the stock photo business major brands are beginning to have trouble finding the images they need in stock photo files. There are plenty of cheap images and plenty of candid, “real life” images, available as stock photos, but often they don’t fit the concepts brands have in mind.
If you’re looking for information about all things related to photography, and are afraid you might have missed something important, you might want to check out Jain Lemos’ new
Photo Ten Five website.
Back in the 1990s and early 2000s stock photo agencies began placing more and more copies of the images they represented with distributors around the world. Initially, this resulted in significant increases in revenue for the image creators and the primary agencies. The Internet and agency consolidation has changed all that, particularly for the image creator. Now, in many cases the distributor system has simply become a way to siphon off a bigger portion of the gross fee paid by the customer to middlemen before the image creator gets his share.
Image Source has announced a new strategic partnership with high end brand, Luxy Images to deliver a bespoke (customized) image service direct to clients in Europe at
www.imagesource.com.