Articles by Jim Pickerell
SilverHub Media Group, which has become a vibrant new player in the editorial and assignments space since its launch in 2016, today announces that it has combined its editorial and assignment brand, SilverHub, with
Wonderhatch, a freshly launched photographic and film assignment business.
Blend Image, at one time the leading stock photo production company in North America, has announced to its image creators that it is “winding down” operations, “trying to negotiate deals that might provide members with the option to move their content without having to resubmit it,” and making plans to otherwise return content by October 2018.
Some
Masterfile contributors report that the
BIA restructuring of the company last year hasn’t solved Masterfile’s financial problems. Once again the company is falling behind on paying current royalties on new sales. I asked Steve Pigeon, CEO of Masterfile, for clarification and an explanation of the problems. The following are his answers.
Over a billion searches are conducted annually on Gettyimages.com. Getty often provides information on a few search terms that are being used more frequently this year than in the previous year. Recently, they provided the following list and the percentage increase in 2017 compared to 2016.
Getty Images has announced that it will be retiring Thinkstock.com in mid-2019 and taking steps to transition Thinkstock customers over to Getty Images and iStock. Getty says this move will make way for a newer and overall improved experience for Thinkstock customers on Getty Images and iStock.
The biggest problem for stock photographers today is not what to shoot, but how to get their photos near the top of the search return order. There are way too many images with the same keywords in all the major image collections. If your photo appears at the 4,746th spot in the search return, there is not much chance that any customer will ever see it -- let alone buy it. In fact, it has been determined that very few customers will look at more that 500 thumbnails before doing a different search or going somewhere else.
The major stock agencies seem to have reached a revenue plateau. It is time to consider a major change in marketing strategy. There is a strategy that should be relatively easy to implement which could result in higher, overall revenue from licensing the same number of images.
A visible watermark on your photos distracts from the impact a non-watermarked photo might have and may discourage people from using it. However, the real problem arises when the photo is actually licensed to a customer. Customers are only interested in using un-watermarked photos on their websites. When someone else sees the photo, and decides they would like to use it, they can easily copy and paste it to their own site.
Imatag offers photographers a better way to protect their images.
Dreamstime has filed a sweeping lawsuit against Google in California federal court alleging anticompetitive and discriminatory antitrust law violations as well as on-going breaches of contract, in order to use its monopoly position in online search to benefit its business partners –
Shutterstock, and of late
Getty Images – while leaving other stock photo sellers out in the cold.
Now that 500px has been
sold to VCG it appears that the 500px Marketplace is in transition. Major contributors to Marketplace are receiving notices that their agreements will be terminated effective June 27, 2018. It is not clear that Marketplace will cease all licensing of imagery at that time, but that appears to be the case.