Peter Hamza would like to sell Stockfresh
, a microstock site he launched in 2010. Currently, it has around 6 million images and gross annual revenues of USD 140-150k. He designed and built the service himself, but has now become distracted with other projects and would like to sell the business
Erickson Stock has recently launched an RF collection
that is now available on PantherMedia
. For over 30 years Jim Erickson has been one of the US's preeminent commercial photographers and has created timeless imagery for hundreds of blue chip clients, including AT&T, American Express, Wells Fargo, Cisco, Pinnacle Entertainment, General Motors, HBO, Pfizer, Merrill Lynch, United Airlines and Home Depot.
The Mega Agency
launched its newly-signed syndication deal with American Media Inc. (AMI), one of America’s biggest publishers, with world-wide coverage of the first wedding of Prince Harry’s new girlfriend Meghan Markle.
What is an “Authentic” picture? Do they really sell? Photographers are being asked to produce more authentic pictures, but they are being given little or no information about what makes a image authethic, or how well such images are actually selling.
If copyright protection is important to you, it is absolutely critical
that you respond by January 31, 2017
to the survey that the new Librarian of Congress, Dr. Carla Hayden has posted on Survey Monkey
If in the last 30 years you’ve seen an image taken in India there is a good chance it was supplied by Dinodia Photo Library. For years Dinodia images have been represented by many other image distributors around the world and those images have found their way into countless books, newspaper and magazine articles.
David Seevers, Chief Marketing Officer of Footage.net
and owner of Thriving Archives
recently asked me for my thoughts on the future of the footage industry. As owner of Thriving Archives Seevers was also the principle author of all three ACSIL Global Surveys
and has produced other industry specific research reports.
Getty Images has been granted a temporary restraining order against it former VP of Global Entertainment, Roxanne Motamedi. Motamedi held the post at Getty from June 2009 to November 2016 and was based in Los Angeles.
has announced that it has expanded its milestone multi-year deal with The Associated Press
(AP). Beginning this week, Shutterstock will distribute AP’s daily global photo output for license to customers based in the United Kingdom. Shutterstock’s enterprise customers in the United Kingdom will have access to over 30 million photos from AP Images.
As I pointed out in my iStock article on Monday
more and more of the top image creators are cutting back on production and turning to other ways to earn a living. It’s not only microstock photographers who are pulling back, those selling RM and traditional RF are in even greater retreat. See this article
A couple weeks ago, I was interviewed by an NPR writer for a story about stock photography. The first question out of the box was “Why aren’t the stock agencies doing a better job of showing diversity?” I wasn’t sure how to answer that question because I felt that for a long time photographers have been pushed to show more diversity and there must be a lot of such pictures in the stock agency collections.
The major agencies talk about how important their DATA is and how it has changed the industry. They argue that the company with the most and best data will be the winner. But I don’t think they are really looking at much of the data they have collected – or looking at it in the right way.
iStock single image downloads appear to have continued to decline in the last half of 2016. Unfortunately, five of the 430 contributors that we tracked in the past have now disappeared. In the last report these contributors represented 544,000 total career downloads. It is unclear whether they have withdrawn their collections, or repurposed them under another brand that I am no longer able to track.
The results of the VisualSteam’s Annual Survey of Art Buyers has just been released. The 19-page report is packed with useful information that image creators and stock photo sellers need to know. Anyone trying to earn a living producing stock images should read this report. It is well worth the $49.95 fee
The Getty Creative collection has grown by 4% in 4 months and now stands at 17,376,859 images. At that rate the collection size will be about 19,462,082 images by the end of 2017. In August 38% of the collection was RM images. Today 36.8% of the images are RM. At this rate of decline less than one-third of the images will be RM by the end of 2017. A huge percentage of these RM images are supplied by image partner agencies
that only, or predominately, represent RM images
iStock photographers may want to use downtime over the Christmas and New Year holidays to prepare and upload images that are in the photographer’s queue for their eventual upload to iStock. The Unification of the upload system for both the Getty Images and iStock sites is now scheduled to go into effect on February 1, 2017. There are plans to change the keyword vocabulary for both sites over to the Getty vocabulary, which might mean that after that time the keywords the photographer submits may no longer be included in the list of words attached to the image.
How many customers make maximum use of their subscriptions? Most businesses that offer subscriptions offer their customers much more than they can ever use for one fixed price. Some customers like this because they know exactly what their monthly costs will be regardless of how much they use the service.
Shutterstock supplies very little information about their Enterprise customers and how Enterprise sales work. Yet it is an extremely important segment of their business and critical to understanding the company’s potential for future growth. At the end of Q3 2016 Shutterstock had 35,000 Enterprise customers up from 24,000 at the beginning of the year, or about a 46% increase in 9 months. How much of that 46% is real growth?
Visual China Group
the company that acquired Corbis
in January 2016 has seen a more than 50% decline in value as an investment since the purchase and a 20% decline in the last month. VCG is a publicly traded company on the Shenzhen Stock Exchange.
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.