Shutterstock Q3 2017 Financial Results

By Jim Pickerell | 1061 Words | Posted 10/31/2017 | Comments
Shutterstock has reported Q3 2017 revenue of $141.1 million up $18.0 million, or 14% on a constant currency basis, compared to Q3 2016. The revenue was also up $7.1 million from Q2 2017. Revenue per download averaged $3.23 per image, an 11% increase over Q3 2016. About 27% of revenue, or roughly $38.09 million, was paid out in royalties to contributors.

Why Do Customers Infringe Copyright?

By Jim Pickerell | 1578 Words | Posted 10/30/2017 | Comments
Photographers and agencies complain about Copyright Infringement. But, in many ways they make it hard for customers to discover who owns an image, whether it is one that needs to be licensed and how to properly license it. Most people in business will tell you that if you want to sell more products you need to make it easier for customers to find and pay for your products.

Promoting Images That Have Been Licensed

By Jim Pickerell | 1193 Words | Posted 10/27/2017 | Comments
Stock photo agents tell me that they can’t offer a system that would let customers search for just the images that have been licensed at least once because their photographers will complain.

Adobe Stock And NDAs

By Jim Pickerell | 416 Words | Posted 10/27/2017 | Comments
Photographers at PhotoPlus Expo report that they are receiving invitations to join AdobeStock, but Adobe wants them to sign an NDA (non-disclosure agreement) before they get information about what the invitation is all about.

Don’t Miss PhotoPlus Expo

By Jim Pickerell | 427 Words | Posted 10/27/2017 | Comments
Stock photographers in the New York metropolitan area still have time to attend the PhotoPlus Expo that has run from October 26th through tomorrow October 28th.

Visual Connections For Sale

By Jim Pickerell | 585 Words | Posted 10/25/2017 | Comments
After ten years running Visual Connections LLC, co-owners Deborah Free and Edward Leigh have decided to make it available for acquisition.

Rick Leckrone Resigns As Blend Images CEO

By Jim Pickerell | 314 Words | Posted 10/24/2017 | Comments
Blend Images LLC, a leading stock photography agency, has announced that CEO Rick Leckrone has resigned, effective immediately. Sarah Fix, Creative Vice President has been named CEO by Blend's LLC Managers.

Does Adding To An Image Collection Automatically Grow Revenue?

By Jim Pickerell | 664 Words | Posted 10/17/2017 | Comments
The question for today is: “Does adding to an image collection automatically grow revenue?” and the companion question “Must an image be NEW to be useful to a customer?” Shutterstock supplies some detail that is instructive and worth reviewing.

Picfair CEO: Free image Websites Exploit Photographers

By Jim Pickerell | 345 Words | Posted 10/17/2017 | Comments
Benji Lanyado, CEO & Founder of Picfair, the London-based fair trade photography platform, has used a blog post and a tweet to call on the photographer community to turn away from free images websites that offer "exposure" in return for free images.

Capture Unveils New Front-end WordPress Technology

By Jim Pickerell | 491 Words | Posted 10/17/2017 | Comments
Capture will be showcasing its new front-end Capture WEBSITE 3 technology – the window to your assets which forefronts audience engagement - at the DMLA 2017 conference in New York on October 22-24.

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.