Stock Photo Business Gets Smaller

By Jim Pickerell | 839 Words | Posted 9/8/2009 | Comments (1)
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.

Tips For Negotiating Rights Managed Stock Sales

By Jim Pickerell | 1209 Words | Posted 9/8/2009 | Comments
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 Announces Editorial Grant Winners

By Julia Dudnik Stern | 173 Words | Posted 9/8/2009 | Comments
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.

PACA Orphan Search Proves Efficient

By Julia Dudnik Stern | 74 Words | Posted 9/8/2009 | Comments

Who Controls The Price?

By Jim Pickerell | 591 Words | Posted 9/8/2009 | Comments (1)
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.

Keedup Offers Discount on Getty Keywording to Former Jupiter Contributors

By Julia Dudnik Stern | 44 Words | Posted 9/8/2009 | Comments

Backcast Revisited

By Jim Pickerell | 777 Words | Posted 9/4/2009 | Comments (1)
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.

CEPIC to Weigh in on Google Book Settlement

By Julia Dudnik Stern | 266 Words | Posted 9/4/2009 | Comments
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.

Visa pour l'Image: We Are Not Dead

By Julia Dudnik Stern | 299 Words | Posted 9/3/2009 | Comments

Mary Evans to Market Ronald Grant Internationally

By Julia Dudnik Stern | 79 Words | Posted 9/3/2009 | Comments

About Michael Masterson

Michael Masterson has a broad range of experience in marketing, business development, strategic planning, contact negotiations and recruiting in the photography, graphic design and publishing industries. In addition to his long experience at the Workbook and Workbookstock, Masterson owned and was creative director of his own graphic design firm for several years.

Masterson has been a speaker or panelist at industry events such as Seybold, PhotoPlus Expo, Visual Connections and the Picture Archive Council of America (PACA) national conference. He is currently the national president of the American Society of Picture Professionals (ASPP). He also serves on the board of the Silver Lake Neighborhood Council in his Los Angeles community. He chaired the marketing committee for the Los Angeles Conservancy, a historic preservation advocacy group, for many years.

He currently heads Masterson Consulting, working on projects ranging from business development for creative companies and sourcing talent for them to promoting and marketing industry events as well as providing resume and professional profile services for job-seekers. He can be reached at zvpunryqznfgrefba@tznvy.pbz.