Florida-based Art Life Images is taking a streamlined approach to building its sales force. While a number of stock-licensing agencies employ telecommuters as photo editors, off-site employment remains relatively rare in the industry - particularly when it comes to sales executives.
Veoh Networks, a California-based provider of broadcast-quality video over the Internet, has filed a Federal lawsuit against Universal Music Group. In response to "unreasonable threats" by Universal, the lawsuit seeks a preemptive injunction that would prevent Universal from filing a copyright infringement suit of its own.
Some in the investment community see a dramatic slowdown in the growth of the imaging market. I disagree. Overall, I think industry revenue is flat. Microstock is growing rapidly, but the revenue generated from these sales is being offset by a loss in traditional revenue.
a21, Inc. has reported $5,696,000 in revenues for 2Q, down 7% from the previous quarter.
The SuperStock revenues were down $130,000, or 4% for the stock image division.
About half of design (53%) and advertising professionals (46%) see Web site and email campaign design as a sales opportunity. That's according to The Multichannel Mix - Creatives, a 147-page study that provides an overview of the current media landscape as it applies to creatives, including ad agencies, graphic designers and commercial photographers.
Four years from now, more money will be spent in the U.S. on online ads than newspapers ads. This is bad news for image producers because the average price paid for a picture used in an online ad is much lower than the price for print use. It also seems likely that many micropayment photos will be satisfactory for Internet and mobile use, further depressing prices.