Agencies/Distributors

New Year, New Image Source

By Jim Pickerell | 322 Words | Posted 12/10/2018 | Comments
Image Source has completed its second move this year to its now permanent residence at 66 Old Compton Street – the former home of a cardinal London creative icon, Rushes Post-Production House - right in the heart of Soho.  The move to a larger and more modern creative space is the first of many new initiatives for the premium agency which was bought back by its Founder, Christina Vaughan together with professional Investor and successful businessman, Michael Jackson at the beginning of 2018.

Adobe Stock Creative Trends

By Jim Pickerell | 737 Words | Posted 12/6/2018 | Comments
We’re entering that period when stock agencies publish assessments of future creative trends for the coming year. Adobe has recently published its 2019 Creative Trend Report. Such reports are designed to provide image creators with the agency’s best guess as to the new types of imagery that may be needed.

Alamy Lowering Royalty To 40%

By Jim Pickerell | 495 Words | Posted 12/4/2018 | Comments
Alamy has announced that early next year they will be lowering the royalty rate from 50% to 40%. Early in January they will send all contributors an official announcement signaling the beginning of the standard 45-day notice period before a new contract change goes into effect. The new royalty rate is expected to take effect in February 2019.

Shutterstock Select Footage Clips

By Jim Pickerell | 367 Words | Posted 12/3/2018 | Comments
Shutterstock has announced Shutterstock Select, a premium tier of royalty-free video content. The diverse collection of video clips includes exclusive content with everything from everyday moments to blockbuster action scenes, all captured by industry professionals using cinema-grade cameras and selected by our expert curators.

Mega Agency Adds Phil Ramey Collection

By Jim Pickerell | 258 Words | Posted 11/28/2018 | Comments
The Mega Agency is adding 2.5 million iconic and historic entertainment images to its rapidly expanding archive. The media company, a leading provider of news, sports and entertainment content, will now represent and license the Phil Ramey photo archive to its global customer base.? 

Koch Industries Invests $500 Million In Getty Images

By Jim Pickerell | 316 Words | Posted 11/28/2018 | Comments
Koch Equity Development is expected to make a $500 million, non-controlling investment in Getty Images. Getty says the equity investment is expected to close by the end of this year.

Call To Action - (CtoA)

By Jim Pickerell | 667 Words | Posted 11/26/2018 | Comments
Recently I was told by a stock agency that my Photographer Income Survey Results were not relevant to Specialist Agencies because the results are “rather negative and don’t offer a possible positive call to action.” In the following series of stories I will outline a “Positive Call to Action” for stock agencies.

CtoA 4 - Present To Getty

By Jim Pickerell | 1014 Words | Posted 11/26/2018 | Comments
Once the data has been collected then it will be time to talk to Getty – as a group. For years they have shown they are unwilling to pay attention to suggestions from individual agencies. The more Specialist Agencies that participate in the analysis the better.

CtoA 3 -Agencies Should Analyze Their Getty 2018 Sales

By Jim Pickerell | 1254 Words | Posted 11/26/2018 | Comments
In May I analyzed the sales of a few photographers who are major, direct suppliers to Getty. A major issue that all Specialist Agencies need to consider is whether the breakdown in the various price ranges in this analysis are representative of Getty’s total sales? Specialist agencies need to check their own figures against this baseline to determine if this is an accurate representation of Getty as a whole.

CtoA 2 -Power And Leverage Of Individual Agencies

By Jim Pickerell | 2680 Words | Posted 11/26/2018 | Comments
In July 2018 I did an analysis of the more than 200 Getty Creative collections to determine how many images had been added to each collection in the almost two years between August 2016 and June 2018. Overall there was a 37% increase in the number of images added, but there were wide variations in the sources of the growth.

Shutterstock Enters Rights Clearance Pack With Greenlight

By Jim Pickerell | 424 Words | Posted 11/26/2018 | Comments
Shutterstock has announced a partnership with rights and clearance agency, Greenlight, a part of Branded Entertainment Network. Greenlight clears content with rights holders for use in commercial advertising and corporate campaigns. Greenlight also represents the rights for some of the biggest icons, including Albert Einstein, Steve McQueen, Whitney Houston, Sophia Loren, Thomas Edison, and more.

Masterfile Not Paying Royalties

By Jim Pickerell | 401 Words | Posted 11/25/2018 | Comments
According to photographers Masterfile has been unable to make any royalty payments to photographers since January 2018. The company filed for bankruptcy in 2017. Payments to the bankruptcy lawyer are prioritized ahead of payments to photographers. It appears the company has not been generating enough revenue to cover fixed expenses and still pay royalties.

Shutterstock Launches Workflow Extension for Final Cut Pro X

By Jim Pickerell | 317 Words | Posted 11/25/2018 | Comments
Shutterstock has announced a new content integration within Final Cut Pro X. The Shutterstock extension is the only stock footage extension to be integrated with the release of Final Cut Pro X and will enable seamless access to video, still image and music collections.

Fotolia To Close in 2019

By Jim Pickerell | 307 Words | Posted 11/7/2018 | Comments
Adobe has given photographers notice that on November 5, 2019, almost a year way, the  Fotolia website will close and all customers will need to use Adobe Stock from that time on to find the images they need.

Revenue Per DL vs Revenue Per Image Created

By Jim Pickerell | 981 Words | Posted 11/5/2018 | Comments
In their reports to investors Shutterstock has always emphasized their steadily growing Revenue Per Download as well as their growth in the number of images offered to customers. But there is another figure that is extremely important to image creators. That is the Revenue Per Image In The Collection (RPIIC). That has been steadily declining since Q2 2014.

Alamy Offers 360Cities Image Collection

By Jim Pickerell | 278 Words | Posted 11/5/2018 | Comments
Alamy.com and 360Cities.net have announced that the 360Cities’ collection of thousands of stunning, immersive 360° spherical images will now be available to Alamy customers through Alamy’s online worldwide marketplace. The 360Cities database will launch on Alamy.com on 5 November 2018 with an initial collection of approximately 150K images, to be supplemented with a regular stream of new content.

Storyblocks Most Popular Landmarks

By Jim Pickerell | 386 Words | Posted 11/2/2018 | Comments
Storyblocks has analyzed a total of 60 million searches on its site in 2018 to find the 50 most popular landmarks featured in creative works.

PantherMedia Offers New 10-Images Subscriptions

By Jim Pickerell | 265 Words | Posted 11/1/2018 | Comments
The European stock photography and video agency PantherMedia, based in Munich, has announced  the introduction of a new 10 photo downloads subscription. All PantherMedia’s subscriptions now include access for up to 3 team members.

Shutterstock Q3 2018 Financial Results

By Jim Pickerell | 1329 Words | Posted 10/30/2018 | Comments
Shutterstock has reported Q3 2018 revenue of $151.6 million up $7.5% million compared to Q3 2017. (The comparison excludes the 2017 revenue from Webdam which was divested in Q1 2018.) Gross revenue was and down from $156.6 million in Q2 2018. Revenue per download averaged $3.40 per image, compared to $3.23 in Q3 2017. (Much of this growth is probably due to increased sales of video content offered at much higher prices than still image content.)

Onepixel: New Microstock Agency

By Jim Pickerell | 609 Words | Posted 10/23/2018 | Comments
A few former Fotolia employees have joined forces to launch a new microstock site called Onepixel.com.  While at Fotolia these people were able to learn the type of pictures that customers are most interested in buying and build relationships with many of the photographers who have been most successful in producing such images.

Agence France-Presse Cutting Jobs

By Jim Pickerell | 189 Words | Posted 10/22/2018 | Comments
The CEO of Agence France-Presse Fabrice Fries has announced a "transformation plan" which will cut the number of employees by 5% at the end of 2017 in order to bring net profit of the company into equilibrium by 2021.

Shutterstock Editorial Available On eCommerce Platform

By Jim Pickerell | 345 Words | Posted 10/17/2018 | Comments
Shutterstock, Inc. has announced that Editorial content is now available for license on its eCommerce Platform. Shutterstock Editorial offers images that capture the world around us, including a live feed of curated news, sports, entertainment and royal family images, along with access to a multi-decade archive of iconic images. Previously available only to Enterprise customers with Shutterstock Premier accounts, this collection is now available to all Shutterstock customers through Shutterstock.com/editorial.

20,000 Adobe Stock Contributors To Get CC Photography Plan Free In 2019

By Jim Pickerell | 388 Words | Posted 10/9/2018 | Comments
To incentivize Adobe Stock image and video contributors Adobe intends to provide the Creative Cloud Photography Plan (worth $120/£120), to 20,000 to them for free in 2019. You must already be an Adobe Stock contributor and either have had 300 or more photographs accepted, or made $500/£375 or more from sales.

Offset Testing New Pricing For Enterprise Customers

By Jim Pickerell | 223 Words | Posted 10/9/2018 | Comments
Shutterstock has announced that they will be testing some new pricing and promotions for their Offset.com brand in the next few months. Initially, they will only offer these prices to their Enterprise customers (customers who purchase through their Premier Platform). Their posted rates on the website of $249 and $499 will not change. Sources tell us that their tend to be more at the lower price than the higher.

Can Getty Repair Its Relationships With Creators?

By Jim Pickerell | 1129 Words | Posted 10/4/2018 | Comments
Recently, in a discussion with a stock photo agent the subject came up as to what it would take for Getty Images to repair its relationships with the Creator Community. I raised the issue late last year in “Why Creators Are Dissatisfied With Getty.”