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Shutterstock To Shut Down Skillfeed

By Jim Pickerell | 217 Words | Posted 9/3/2015 | Comments
Shutterstock has announced that after “thoughtful consideration and exhausting many different ideas” it will shut down Skillfeed at the end of the month. They are no longer accepting new subscribers or instructors. The platform will continue functioning for existing members until September 30th when website will be officially shut down.

Scott Braut Keynote Speaker At DMLA Conference

By Jim Pickerell | 409 Words | Posted 9/1/2015 | Comments
Scott Braut, Head of Content for Digital Media at Adobe will be the keynote speaker at the DMLA Conference (formerly PACA) in New York from Sunday, October 25th through Tuesday, October 27, 2015.  Braut will actually be speaking at 9:00am Monday morning.

Adobe Offers Discounts: Commissions Unaffected

By Jim Pickerell | 155 Words | Posted 9/1/2015 | Comments
Adobe Stock has announced that it is running a promotion from September 1st to September 20th that will discount the cost of images by 50%. For this limited period single images purchased will cost $4.99 instead of $9.99. Normally the royalty percentage might be expected to be calculated on the lower price, but to the huge relief and appreciation of image creators Adobe has announced that “regardless of this discount occurring, your commission will be unaffected and you will continue to generate royalties at the current rate.”

CreativeMarket Pays 70% Royalty

By Jim Pickerell | 595 Words | Posted 8/31/2015 | Comments
Creative Market allows you to place your photos in front of over 1 million members. You set your own prices and earn 70% of every sale. The arrangement is non-exclusive so you can simultaneously market the same images through any other outlet you want. There is no approval process. Everything you submit is uploaded.

Shutterstock Tests Lower Prices

By Jim Pickerell | 140 Words | Posted 8/28/2015 | Comments
Image users on the MicrostockGroup website report that Shutterstock has “dropped the price of single On Demand sales from 2 for $29 to $9.99 for each image.”

500PX Moves To Two-Tiered Pricing Model

By Jim Pickerell | 311 Words | Posted 8/28/2015 | Comments
Previously, 500PX had priced the images in its Marketplace at flat rates of $50 for web resolution, $250 for print resolution, and $750 for products for resale. Now they have introduced a second tier for images their editors deem of lower quality. The flat rate prices for images in this tier, called Core, are $35 for web resolution, $150 for print resolution, and $300 for products for resale. The prices for the first Prime tier will remain the same.

Earn Money When Your Images Are Photocopied In The UK

By Jim Pickerell | 459 Words | Posted 8/27/2015 | Comments
Every year millions of images are photocopied and used by commercial organizations around the world without any direct compensation to the image creator. Often this is because there is no practical way to track such usages, or because the creator cannot be easily identified. Nevertheless, commercial organizations recognize that they have an obligation, and a liability, to compensate creators for such uses.

Changing Demand For Images

By Jim Pickerell | 380 Words | Posted 8/26/2015 | Comments
Shutterstock has released a new infographic with information about how demand for certain subject matter is changing compared to a year ago. They have also included sample image in each category to give photographers a sense of what customers want.

ZUMA Press Partners With Australia’s Fairfax Media

By Jim Pickerell | 249 Words | Posted 8/26/2015 | Comments
ZUMA Press Inc. (www.zumapress.com), a leading visual media provider for the editorial community, has announced that it is now representing images from Fairfax Syndication (www.fairfaxsyndication.com), the most comprehensive range of Australian content from a portfolio of over 300 publications and websites.  

PDN PhotoPlus + Expo 2015

By Jim Pickerell | 482 Words | Posted 8/25/2015 | Comments
Over 4 days (October 21-24) attendees to this year’s PDN PhotoPlus International Conference + Expo at the Javits Center in New York City will have their choice of more than 100 seminars that include Photo Walks and Master Classes featuring the latest techniques and trends for photographers, filmmakers and digital imaging specialists.

Workbook Sponsors Visual Connections New York Image Expo 2015

By Jim Pickerell | 230 Words | Posted 8/25/2015 | Comments
Workbook, the leading marketing resource for commercial photographers and illustrators, will be the Principal Sponsor of this year’s Visual Connections Image Expo 2015 at the Metropolitan Pavilion in New York on October 28.

Photographers Don’t Understand Creative Commons

By Jim Pickerell | 447 Words | Posted 8/24/2015 | Comments
TechDirt reports that photographer Art Dragulis took a photo of Swain’s Lock along the C&O canal in Maryland and uploaded it to Flickr. Roughly four years later, he discovered Kappa Map Group was using his photo for the cover of its Montgomery County, Maryland atlas. He sued for copyright infringement. And he LOST.

Customer Risks When Using RM Images

By Jim Pickerell | 743 Words | Posted 8/21/2015 | Comments (1)
When Rights Mananged images are represented by multiple distributors it is possible for agencies that had nothing to do with an initial license to collect a fee for secondary uses. Consider this situation.

Getty’s Bonds And Loans Rally

By Jim Pickerell | 220 Words | Posted 8/21/2015 | Comments
According to Bloomberg (July 30th) Getty Images Inc.’s bonds and loans rallied as a report to creditors showed improving profit after several quarters of sinking earnings.

Most Images Race

By Jim Pickerell | 271 Words | Posted 8/21/2015 | Comments
Shutterstock has won the most images race with Alamy. Shutterstock now has more than 60 million royalty-free images in its collection in addition to 3 million video and music clips for a total of over 63 million pieces of content.

Architectural Photographer Sues Multiple Listing Service For Copyright Infringement

By Jim Pickerell | 389 Words | Posted 8/21/2015 | Comments (1)
Alan J. Goldstein, a professional photographer located in Silver Spring, MD has commenced a legal action against Metropolitan Regional Information Systems, Inc. ("MRIS"), located in Rockville, MD, for violations of the Copyright Act and the Digital Millennium Copyright Act. The legal action is Case # 8:15-cv-2400 (TDC) (D. Md.).

Where Is The Stock Photo Industry Headed?

By Jim Pickerell | 117 Words | Posted 8/13/2015 | Comments
For new readers, or those who may have missed some of what I have written over the last few months, the following are a list of stories worth looking at to get a sense of where the industry is headed.

Adobe Digital Publishing Solution May Result In More Image Use

By Jim Pickerell | 836 Words | Posted 8/13/2015 | Comments
The new Adobe Digital Publishing Solution (DPS), the next generation in its groundbreaking Digital Publishing Suite, pioneers new ways for brands to deliver high-impact content to mobile apps and is likely to result in more images appearing in apps. It will also become increasingly difficult for image creators to know if their images are being used in apps, or not.

Why The Dramatic Decline In Shutterstock Share Price?

By Jim Pickerell | 648 Words | Posted 8/10/2015 | Comments
Is Shutterstock in Serious Trouble? On August 5th the SSTK stock price closed at $50.75. On August 6th the company announced its second quarter results and missed the projected revenue for the quarter by 1.5%. On August 7th the stock closed at $33.65, a 34% decline in 2 days. NO! The company is not in trouble. Rather, financial analysts that closely watch Shutterstock are finally waking up to the realities of the stock photo business.

Shutterstock Reports Q2 Results: Stock Declines Sharply

By Jim Pickerell | 1476 Words | Posted 8/6/2015 | Comments
Today, Shutterstock reported $104.4 million in revenue for Q2 2015, a 30% increase over Q2 2014. However, they missed their projected revenue estimate by $960,000. Investors were disappointed and the stock that had been trading at $50.75 per share the day before dropped 32.20% to $34.41 before the market closed. The average price per download during the quarter was $2.85 down from $2.87 in the previous quarter, and compared to $2.52 in Q2 2014. There were 35.9 million downloads in the quarter and they paid out about 28% of gross revenue in royalties to contributors.

Less Image Use Ahead

By Jim Pickerell | 625 Words | Posted 8/4/2015 | Comments (1)
In the subscription environment customers pay for -- and the image creators receive a royalty for -- many images that are never used in any type of deliverable product. Nobody knows how many. Adobe Stock has changed all that. Now Adobe gives users free use to any images considered during the users design and creative processes. Users only pay for the images that actually end up in a deliverable product. As a result, creators may begin to see a significant decline in the number of images licensed.

100% Royalties At Videoblocks

By Jim Pickerell | 562 Words | Posted 8/3/2015 | Comments
If you’re a videographer and have been discouraged by low prices and low royalties for your work it’s time to check out Videoblocks. In April at the National Association of Broadcasters conference the company added a new feature when they launched the Marketplace section of their site. Customers must have an annual subscription in order to access Marketplace. When they choose any of the Marketplace clips they pay an additional $49 if it is HD or $199 for 4K.

Stockphotoinsight.com

By Jim Pickerell | 453 Words | Posted 8/3/2015 | Comments
Responding to an increasing demand for reliable insights on the stock photography market three top stock photography industry experts, Lee Torrens, Paul Melcher and Amos Struck, have officially launched Stock Photo Insight, a consulting service providing calls with all three experts simultaneously.  

Corbis Motion Trends

By Jim Pickerell | 421 Words | Posted 7/30/2015 | Comments
If you’re trying to decide whether to get into video, or what to shoot, you may want to take a look at the Corbis Motion Trends Study. This information should be of great value to anyone producing stock video regardless of whether they license their work through Corbis, or not.

AP Shares 1 Million Minutes of History on YouTube

By Jim Pickerell | 284 Words | Posted 7/30/2015 | Comments
The Associated Press and British Movietone, one of the world's most comprehensive newsreel archives, are together bringing more than 1 million minutes of digitized film footage to YouTube. Showcasing the moments, people and events that have shaped the world, it will be the largest upload of historical news content on the video-sharing platform to date.