lPStock Blockchain - More Information

By Jim Pickerell | 1210 Words | Posted 1/15/2018 | Comments (1)
After publishing the story on IPStock on Friday I had some further questions particularly in regard to how customers actually pay for the use of images and how the photographers would receive payment. Askold Romanov, answered my questions.

Copyright Small Claims – Write Your Congressperson

By Jim Pickerell | 146 Words | Posted 1/15/2018 | Comments
In support of #SmallClaimsDay all U.S. image creators, stock agents (and friends of the creative community) are being asked to write their Congresspersons before January 17, 2018 and request that they co-sponsor H.R. 3945. By using this site (http://copyrightalliance.org/get-involved/add-your-voice/ ) sending letters is quick and easy to do!

Blockchain Pricing – Will It Work In The Stock Photo Industry?

By Jim Pickerell | 1820 Words | Posted 1/12/2018 | Comments
When I first heard about a blockchain based strategy for licensing stock images it sounded like it might have some potential. What photographer wouldn’t like to be able set the price for the licensing of his/her images, have customers pay those prices, and have most of the price the customer pays immediately credited to the photographer’s account. Sounds great.

IPStock Launch Blockchain Ecosystem For Stock Images

By Jim Pickerell | 611 Words | Posted 1/12/2018 | Comments
IPStock, run by Geneva based company Intellectual Property Depository and Management (IPDM) that develops a unique fintech platform for visual digital assets, has announced the launch of pre-ICO for its blockchain registry of visual digital content copyrights.

Copytrack Comments On KodakOne

By Jim Pickerell | 421 Words | Posted 1/12/2018 | Comments
Kodak have just started their new project “KodakOne” and already their shares have skyrocketed. In 2012 it was a different story as they were on the verge of bankruptcy, but they are slowly fighting their way back with their new idea. But what’s all the hype around the new project “KodakOne”?

2017 Stories Worth Reviewing

By Jim Pickerell | 161 Words | Posted 1/10/2018 | Comments
The following are links to some 2017 and early 2018 stories that might be worth reviewing as we move into the new year.

Kodak Announces Photographer-Friendly Cryptocurrency

By Jim Pickerell | 783 Words | Posted 1/10/2018 | Comments
Kodak and WENN Digital, in a licensing partnership, have announced the launch of the KODAKOne image rights management platform utilizing blockchain technology and KODAKCoin, a photo-centric cryptocurrency to empower photographers and agencies to take greater control in image rights management.

Copytrack’s Blockchain-based Global Copyright Registery

By Jim Pickerell | 650 Words | Posted 1/10/2018 | Comments
Copytrack, the German organization that tracks use of images on the Internet and then pursues infringers when an unauthorized use is discovered has announced that its “blockchain powered copyright registry and enforcement platform is preparing the enter the second round of the crowdsale” as a way of raising revenue for future expansion.

Raising Prices By $1.00

By Jim Pickerell | 565 Words | Posted 1/9/2018 | Comments
It is hard to find a stock photographer who has been in business for any period of time who can point to rising revenue per-image-licensed. Some who have dramatically increased the size of their collections may be able to point to overall annual revenue growth, but not growth per-image-in-the-collection.

Dealing With Free Image Use Requests

By Jim Pickerell | 612 Words | Posted 1/9/2018 | Comments (1)
Recently, Owen Franken asked how I would deal with a request for personal blog use of an image. He receives such requests rarely. He received the following from Andrew Skladowski in Australia. See my comments on things to consider regarding such a request.

Two Categories Of Image Suppliers

By Jim Pickerell | 1019 Words | Posted 1/8/2018 | Comments
Broadly, there are two different categories of photographer who produce stock images. I believe way less than 7% of Shutterstock contributors are earning enough annually to view stock photography as a career. A contributor probably needs a collection of at least 20,000 images to earn a reasonable amount of money by U.S. standards. At least 93% of Shutterstock contributors have fewer than 1,000 images in the collection and their average income is less than $200 annually. See the breakdowns.

Leading Shutterstock Contributors

By Jim Pickerell | 1244 Words | Posted 1/5/2018 | Comments
At the end of 2016 Shutterstock had 190,000 contributors. By May 2017 that number was up to 225,000 and in September when they launched Shutterstock Custom Content they said they had 250,000 contributors. Presumably the number was even higher at the end of the year.

Sheldon Marshall Has Passed Away

By Jim Pickerell | 333 Words | Posted 1/5/2018 | Comments
Heritage Images Partnership has announced that their company CEO and friend Sheldon Marshall passed away on 17 December 2017 during an expedition to Mount Everest; one of his long standing dreams. Marshall had been active in the stock photo industry for decades.

Adobe Trends – Silence And Solitude

By Jim Pickerell | 163 Words | Posted 1/5/2018 | Comments
Following its Visual Trends predictions for 2018, Adobe recently released a deep analysis of its first trend – Silence and Solitude. In this chaotic, always-on world where people are bombarded with constant speeds and feeds, the Adobe is seeing a growing demand for images that convey comfort and regeneration.

Photographer Productivity

By Jim Pickerell | 1299 Words | Posted 1/3/2018 | Comments
One of the things I said in my 2018 Predictions is: “Image creator may be given more useful information about what is in demand.” In recent years we’ve seen a huge growth in the number of creators entering the stock photo business as well as images added to the collections. But we’re no longer seeing a corresponding growth in revenue.

2018 Predictions

By Jim Pickerell | 1060 Words | Posted 1/2/2018 | Comments (1)
Here are a few stock photo industry changes that I predict will occur before 2019. 1 – At least one radically new and different business model for licensing stock images will be introduced. 2 – Customers will become more disenchanted with the major stock photo distributors. 3 -  Image creators may be given more useful information about what is in demand.
See More explanation

Will Blockchain Benefit Image Creators

By Jim Pickerell | 907 Words | Posted 12/28/2017 | Comments
Can blockchains improve tracking of stock photo sales, give creators greater control, cut costs and increase royalties? Various companies are talking about instituting such systems. Announcements are expected in the near future. Such systems may reduce the need for some of the services stock agencies currently provide and remit 80% to 90% of the fee the customer pays to the photographer.

Finding Photographers

By Jim Pickerell | 835 Words | Posted 12/27/2017 | Comments
Most commercial users want to be honest. They don’t set out to steal. They certainly don’t want to be chased by a photographer and his/her legal team once it is discovered that they have used an image without permission. If photographers want to license more images to professional users – and get better prices – then they must make it easier for customers to find them once the customers finds an image they would like to use. The process is easy enough if the customer finds the image on a stock agency website, but more and more customers are finding the images they would like to use by searching Google, Bing, Flickr or by randomly searching Facebook, Pinterest, Twitter, other social media sites or various publications.

The Cost Of Trusted Information

By Jim Pickerell | 708 Words | Posted 12/27/2017 | Comments
The European Parliament is debating new legislation that could require Facebook, Google, Twitter and other major players to share some of the advertising revenue they earn from making the information produced and supplied by major European press agencies available to readers for free.

Blockchains Are Coming

By Jim Pickerell | 480 Words | Posted 12/22/2017 | Comments (1)
Photographers and stock agencies may want to start paying a little attention to all the news about blockchains and cryptocurrency. Promoters say that blockchains can cut out some of the middleman costs and provide a more efficient and less costly payment system between image creator and buyer. With many cryptocurrency transactions it is possible to immediately convert the currency into green backs that can be used at any local store, or hold onto the cryptocurrency with the hope that it will increase in value.

Shutterstock Showcases Premier Editorial Content To All Customers

By Jim Pickerell | 894 Words | Posted 12/20/2017 | Comments (1)
Last week Shutterstock notified its editorial shooters that they had begun showcasing all of their Premier Editorial content on Shutterstock.com. Previously this content has only been accessible through the Shutterstock Premier website. “The new editorial tab will include our historic Rex collection, images from strategic partners, including AP, BFA, epa, and live coverage of breaking news, entertainment and sports events,” they said. 

Shutterstock Bans Images Of Ape And Monkey “Actors”

By Jim Pickerell | 351 Words | Posted 12/18/2017 | Comments (1)
After PETA (People For Ethical Treatment Of Animals) pointed out that monkeys and great apes suffer immensely when used for photo shoots—and that images of these animals in unnatural settings can harm conservation efforts and bolster the illegal wildlife trade—Shutterstock agreed to remove and ban all such photographs and videos of these species from its collection as well as from those of its subsidiary Bigstock.

Storyblocks 2018 Trend Guide

By Jim Pickerell | 199 Words | Posted 12/14/2017 | Comments
Storyblocks has published a 2018 Trends Guide that features predictions for the year ahead based on 64M searches and 38M downloads across their sites in the last year (365 days). The results suggest that creators are increasingly globally aware and creating a strong increase in demand for diverse and global content.

HOsiHO: Aerial Stock Collection

By Jim Pickerell | 216 Words | Posted 12/14/2017 | Comments
A three-year-old specialist stock agency in France call HOsiHO (meaning High So High, in French) is finding strong demand for aerial stock photography. The agency has a collection of 3000 aerial videos and stills shot by a pool of more than 40 talented contributors based at the four corners of France.

Why Creators Are Dissatisfied With Getty

By Jim Pickerell | 750 Words | Posted 12/13/2017 | Comments (2)
Recently, a Microstockgroup post by Hochmann asked, “Why all the hate towards Getty Images?” He went on to say, “Yes, I know that they give 20% as a commission while a bunch of other companies start at 35% and many of them go above 50%. But the thing is that in Getty you're getting 20% of photographs sold for $100 or $1000 instead of 50% of 1 dollar.