This edition includes stories on: Getty Completes Investigation of Equity Compensation Grant Practices; OJO Images Launched; Jupiterimages Update; Ron Chapple Blog; OnRequest Images Raises $9M; and Stock Image Market Sizing Report Released.
Digital Railroad has announced the much anticipated launch of the public beta version of its online Marketplace at http://marketplace.digitalrailroad.net. The company has online collections from more than 1,000 individual photographers and 50 agencies or groups of photographers from more than 60 countries.
If you want to continue to take pictures for a living, it's time to start learning to shoot video. Why? because newspapers and magazines are beginning to move away from print and toward online. Once online offerings have been established, video and sound become more appealing and a better way to communicate editorial information and advertising messages than using stills.
Corbis has announced that effective July 1, 2007, Gary Shenk, President of Corbis, will assume the role of CEO. After 14 years with the company, 10 as CEO, Steve Davis will transition out of a day-to-day role to pursue new leadership opportunities in the public service and philanthropic world.
This article includes releases on: Corbis Launches Australian Offices; Images.com Introduces New Websites; Butler Appointed VP Sales and Distribution at Upper Cut; Action Images Becomes Wembley Stadium's Official Photography Provider; BBC Magazine Signs Deal With Newscom and Alamy Teams Up With 40260.com
In a recent study by The Association of Commercial Stock Image Licensors (ACSIL) it was determined that the global stock footage industry generates approximately $282 million in licensing revenue annually. Data on estimated revenues, content type, web-functionality and region was collected from 67 key footage companies.
a21, Inc. has reported $19,633,000 in revenues for all of 2006, but only $11,976,000 of that was for the stock photo side of the business. ArtSelect which provides wall art for homes and businesses provided $7,657,000. The image licensing revenue for Q4 2006 was $3,032,000.
Jack Hollingsworth is a top commercial image producer and Content Creation Partner. He plays a key role, both day-by-day as well as strategically for this changing era of stock photography. This story explains what it means to be a content creation partner compared to a stock photographer.
78% of Getty Images photographer have seen a drop in their revenue in the past year, some significantly. Of those who have seen a rise, most have added a significant number of images in the past year. In this story many photographers express their frustration, discouragement and disssatisfaction.
A photographer recently asked, "Does Getty's participation in these new stock licensing models (micropayment) dilute the company's potential future income and the prospects for their shareholders?" This story explains my answer.