Copyright Office Changes Due To Coronavirus

By Jim Pickerell | 264 Words | Posted 3/20/2020 | Comments
This week, the U.S. Copyright Office announced some changes in its special handling requirements and some additional information about the impact of the coronavirus on the copyright registration system. You can find the complete announcement here

Getty Creative Collection Transformation

By Jim Pickerell | 2640 Words | Posted 3/18/2020 | Comments
In the last four years there has been dramatic shifts within the Getty Images Creative Collection. It is unclear how this has affected gross revenue generated as Getty has stopped providing a public breakdown of the revenue segments of its business. Nevertheless, it is believed that since 2016 annual gross Creative revenue has consistently generated about $280 million of the company's roughly $850 million in gross revenue.

Google Licensable Image Badge

By Jim Pickerell | 661 Words | Posted 2/24/2020 | Comments (1)
Since June 2018, CEPIC has been actively collaborating closely with Google, and later with IPTC, and DMLA to find a way to make Google Image Search users aware that certain image found need to be licensed.  On Wednesday February 26th at 3pm EST there will be an online Zoom meeting on Google Images Licensable Badge – Nuts & Bolts with Doug Dawirs, Senior Technical Adviser of the DMLA and hosted along with industry experts to explain, and gather input, on the upcoming UI, Schema.org and IPTC changes.  To register in advance for this meeting go here:  https://zoom.us/meeting/register/vpMucu-trDIu6pKIFcgRfuu5EPnVgsQlHQ

Shutterstock Full Year 2019 Financial Results

By Jim Pickerell | 1392 Words | Posted 2/13/2020 | Comments
Shutterstock has reported Q4 2019 revenue of $166.4 million up 3% compared to Q4 2018 and up from $157.42 million the previous quarter. Revenue per download averaged $3.44 per image, up from $3.40 in Q4 2018. Total image and video downloads for Q4 were up to 47.7 million compared to 46.8 million a year earlier. At the end of the year Shutterstock had over 314 million images and 17 million video clips, for a total of 331 million pieces of content in its collection.

Alamy Acquired By PA Media Group

By Jim Pickerell | 375 Words | Posted 2/11/2020 | Comments
Alamy has been acquired by PA Media Group a  UK-based news and information business. Founded 20 years ago, Alamy has one of the world’s most diverse creative and editorial stock imagery collections, comprising almost 200 million photographs, vectors and 360-degree panoramic images sourced from a network of over 100,000 photographers and 650 picture agencies and archives. . The business has close to 100,000 customers in more than 150 countries, working across a range of sectors including publishing, design, advertising and broadcast.

Alamy Sale: What Does It Mean?

By Jim Pickerell | 625 Words | Posted 2/11/2020 | Comments (3)
Alamy may be the fifth largest company in the in the stock photo industry (after Getty Images, Shutterstock, Adobe Stock, and iStock) and has been doing reasonably well in a very sick industry. Alamy’s latest reported sales figures are for 2018 and can be found on the Companies House website.  on October 17, 2019. This report was recorded on October 17, 2019 and shows that Alamy had gross annual sales of £22.7 million ($29,305,500 ).

CORRECTION - Future Demand For Photography

By Jim Pickerell | 87 Words | Posted 2/5/2020 | Comments
CORRECTION - Please re-read yesterday's story on Future Demand For Photography. I made a serious math error in the original story. The situation for photographers is much worse than earlier reported. Unsplash’s statistics page currently reports 70,263,886 downloads per month. The combined monthly downloads of Shutterstock, Getty and Alamy only total about 16,433,333 downloads, or about 24% of Unsplash's monthly totals.

Future Demand For Photography

By Jim Pickerell | 378 Words | Posted 2/4/2020 | Comments (5)
A reader asked recently, “Is it true that Unsplash is now getting more downloads than Getty, Shutterstock and Alamy combined?” According to Unsplash’s statistics page they currently have 70,263,886 downloads per month. Based on Shutterstock’s last quarterly report they have about 15,433,333 downloads monthly. Their downloads per quarter haven’t changed much quarter-to-quarter over the last two years so I think this number is a pretty good average and not really growing.

DynaLite Files Bankruptcy

By Jim Pickerell | 346 Words | Posted 2/4/2020 | Comments
A key tool for professional photographers for more than 50 years will no longer be available to  future photographers as DynaLite Inc. files for Chapter 7 bankruptcy (all assets will be sold off to pay creditors).

Freepik Company Appoints Oliveira CMO

By Jim Pickerell | 292 Words | Posted 1/31/2020 | Comments
Freepik Company, a platform of free and exclusive graphic content, has signed Rod Oliveira to a newly created position of Chief Marketing Officer in a move to strengthen an area of great strategic relevance for the brand.