Articles by Jim Pickerell
Shutterstock has reported Q3 2016 revenue of $123.1 million up 15% from $107.3 million compared to Q3 2015. The growth is due mainly to new customers and increased activity by enterprise clients. The average price per download during the quarter was $2.91, up from $2.76 in Q3 2015 and from $2.81 in Q2 2016. There were 41.2 million paid downloads in the quarter and 102.7 million still images and illustrations in the collection at the end of the quarter up 61% from 63.7 million a year ago.
Getty Images has launched a new commercial assignments venture,
Verbatim and is dedicating focus, resource and its world-leading photo expertise to capture the opportunity within the commercial sector to bring authentic visual storytelling to the fore.
Shutterstock has announced an exclusive three-year agreement with AM Stock-Cameo to make more than 60,000 HD clips available to Shutterstock users. This robust, diverse library features aerial footage, explosions, driving plates, and shots of hospitals, military bases, schools, and more. This is essential footage for transition and establishing shots.
Chai Jijun, Co-Founder and EVP of Visual China Group (VCG) provided a very detailed and complete picture of the stock photo business in China when he gave the keynote address at the
DMLA 2016 Conference last week. The following is his presentation.
Will crowd-sourcing images (UGC) or highly curated collections from professional creators be the future of stock photography? All the major suppliers of stock imagery are focused on acquiring more User Generated Content, but long range will that be the best way to grow revenue or create the most usable collections for image consumers? At the recent
DMLA 2016 Conference Brianna Wettlaufer, CEO of Stocky United, talked about an alternative to UGC and how to run a viable, sustainable and profitable photographer’s co-op.
Shutterstock, Inc. has signed a deal with the european pressphoto agency b.v. (epa) to distribute its unique collections of visual content globally. Beginning in January 2017, Shutterstock’s editorial customers, which include some of the largest media companies and publishing houses, will be able to license epa’s daily image content from around the world.
Adobe Stock has announced a partnership with Reuters that will enable creatives to access Reuters editorial content, as well as over 60 million royalty-free commercial photos, videos, illustrations, graphics, 3D assets and templates.
Big changes at Getty are on the way. Getty has supplied its contributors with the following information about a Unification project that will create common platforms for both iStock and Getty Images contributors. While many specifics have been provided there are still a number of questions about how this may impact current contributors and industry competitors. I will comment in a later article. In the meantime, I will be very interested in comments or questions anyone in the industry might have.
The 30th annual
GDUSA Stock Visual Reader Survey, is now available. GDUSA says that stock visuals have become a vital creative resource for graphic designers, moving over the 30-year period from marginal to mainstream to essential.
After five years in the position of US Register of Copyrights, Maria Pallante was fired last Friday. Pallante was informed of her change in roles by being locked out of her computer. Maria has been a huge advocate for the rights of Creators and instrumental in the industry’s efforts for modernizing the Copyright Office and the creation of a Small Claim’s Court for Creators. She has been seen as being fair and unbiased by all who know her.