It is time to revise previous estimates of industry revenues based on what has happened in the past year. For several years, we have estimated the size of the worldwide market for still images and illustrations at about $1.8 billion.
This story offers a number of negotiating times that are useful for anyone who needs to establish a price for an image based on how it will be used.
Getty Images awarded three photojournalism and two student grants for the 2009 Grants for Editorial Photography Program. Currently in its fifth year, the program has awarded over $500,000 in project grants to 24 recipients.
In most industries the manufacturer sets the price for his products
based on his manufacturing costs. Of course if he sets his price too
high consumers won't buy. Therefore, he certainly has to be sensitive
to consumer demand.
We recently covered creating online magazines that have a similar look and function to print magazines, and how easy and inexpensive it has become to create such digital publications with currently available technologies. Stock Index publisher Robert Prior offered a perspective that adds balance to these stories. Prior has some experience in this area, and his very thoughtful comment on "The Backcast Concept" suggests that some of the points made in the article need additional discussion.
A lawsuit that began in 2005 and was seemingly settled last year is still making waves, particularly in Europe. On Monday, the European Union is holding a hearing to discuss the effects of the Google book settlement on Europe-and the Coordination of European Picture Agencies is weighing in on behalf of the image industry.