A week after announcing that it had
acquired 86.6 percent of Framepool, Broadside Enterprises, Inc. (also known as Emaji) has announced that Frampool AG has entered into an agreement with
ImagineChina, one of the largest photo and video agencies in China, Hong Kong and Taiwan.
It is almost that time of year (early January) when I publish one of my semi-annual reports on iStock sales trends. A reader asked me recently to explain how I get access to the information in these reports. I'll explain the process I go through in this report.
I was recently asked by an African American stock photo customer why the stock photo industry doesn’t do a better job of showing diversity. I was surprised by the question and didn’t know how to answer.
After my story last week on “
High Level Thoughts On The Stock Industry” John Fowler asked, “Have you found any encouraging information at all from any RM photographers? There must be some folks doing something that works for them.”
Last July, photographer Carol Highsmith filed a
copyright infringement lawsuit against Getty Images for $1 billion after discovering that Getty and its subsidiaries had been charging customers fees to license her images of Americana.
According to a document filed with Companies House in the U.K. (see
here) it appears that Rex Features Limited (owned by Shutterstock) lent
Silverhub Media the money necessary to purchase
Splash. In return Rex Features has received very extensive control over the activities of Silverhub with regard to certain unspecified assets.
I was asked recently if I am optimistic that Shutterstock will maintain its momentum in 2017? The short answer is YES, I believe Shuttrstock’s 2017 growth will continue on the same track as it has in the last two years. In 2014 revenue growth was
39%. In 2015 it was
30% and in 2016 it is expected to be around
18%. I expect the company will continue to maintain its
DOWNWARD trend.
Pond5 has announced the launch of its new
Extended Licenses offering some of the highest levels of coverage, protection, and flexibility in the industry.
An investment portfolio manager recently asked me to spend five minutes giving my “high-level thoughts on the (stock photo)
industry outlook, competitive dynamics and emerging trends.” I couldn’t do it in anywhere near five minutes. Here are my high-level thoughts.
Celebrity photo agency Splash News was sold to Corbis in 2011 and has now been acquired by
SilverHub Media. SilverHub Media recently did an
exclusive deal with Shutterstock for worldwide representation of the images in its collection. Thus, the Splash images should now be available through Shutterstock.