On April 22, 2016 Google and Microsoft
announced officially that they had buried the hatchet. Reflecting a changing relationship, the two sides drop complaints to regulators around the globe. Why should stock photographers care?
At the recent CEPIC conference one attendee asked, “Why do customers continue to buy RF images? Don’t they already have enough? If they get unlimited rights to everything they own, why don’t they just use the images they have already purchased and never need to buy another image again?”
Getty Images has launched the
Getty Images Virtual Reality Group, a new business dedicated to the creation and global distribution of virtual reality (VR) content.
Pond5, the largest provider of royalty-free digital video assets, announces the
Pond5Million Sweepstakes celebrating the company’s milestone of 5 million videos uploaded to the platform and its growing community of more than 40,000 artists.
According to
Getty Images CEO, Dawn Airey, “Over 97 per cent of visitors come to our websites to look at – not purchase – amazing imagery.”
ACSIL has announced the panelists who will be speaking at its ACSIL FOOTAGE EXPO 2016 in New York next week. The event is being held at the historic Prince George Ballroom at 15 East 27th Street, New York City on June 9, 2016. This one-day event is a chance to meet with footage distributors from both Europe and the U.S. and to hear discussions about the latest trends in the stock frootage industry.
Graphics Detective (GD) in Belgium has developed a strategy for chasing online infringements that photographers may want to check out. There is no cost to the photographer unless there is a settlement. In the event of a settlement Graphics Detective pays the photographer 50% of whatever it collects.
Shutterstock, Inc. has made its visual search features,
first introduced for desktop use in March available for mobile use. Reverse Image Search for mobile invites users to capture the world around them on their mobile phones, and then upload them via the
Shutterstock app to search Shutterstock’s collection of over 80 million images for similar content and style.
Stocksy has reported another year of impressive growth with gross sales of
$7,928,745 million in 2015. That is up 126% from $3.5 million in 2014. The great news for image creators is that Stocksy paid out
$4,323,735 in royalties. That’s 55% of gross revenue collected. In addition, because the company is a Co-Op, they were able to pay out an additional $200,000 in dividends to members who sold images during the year.
Since October 2013
Getty Images has been collecting money from Pinterest for images in its collection that have been pinned on Pinterest. The transactions appear on photographer sales reports as $0.03 gross sale and a photographer royalty of
$0.01. Indications are that this is a one-time payment no matter how long the image stays on Pinterest.