Macrostock

Who Are Macrostock Sellers

By Jim Pickerell | 1076 Words | Posted 6/11/2019 | Comments
A reader asked, “In the article written by Martin Lisius (Microstock-The Dark Side Of Image Licensing) he refers to non micro agencies as a possible answer to the low prices that photographers receive. When I search under the heading of macro stock on your site about the only name that comes up is Getty.  Do I understand this correctly?”

PicRights Adds Partner In South Africa

By Jim Pickerell | 305 Words | Posted 6/4/2019 | Comments
PicRights, a global leader in copyright enforcement, has added a new partner in Johannesburg, South Africa to monetize copyright infringements for the world’s leading news agencies, stock image agencies and independent photographers. No other copyright compliance service offers its clients as much geographical coverage of key markets around the world.

Getty Images And APO Group Announce Strategic Partnership

By Jim Pickerell | 634 Words | Posted 6/3/2019 | Comments
Getty Images, and APO Group, a leading media relations consultancy and press release distribution service, have announced a wide-reaching collaboration to promote integrated text, photo and video solutions to organizations operating across Africa and the Middle East.

Rights Managed Future At Getty

By Jim Pickerell | 565 Words | Posted 5/30/2019 | Comments
A stock agent asked if I had heard a rumor that Getty isn’t selling RM images anymore. The rumors are almost true. I did a story back in March entitled the "End of RM" where I reported that Getty Images personnel were telling some stock agency suppliers that in 3 to 5 years there will be no more RM licensing.

‘Topic Collection’ To Be Launched On PIXTA Website

By Jim Pickerell | 290 Words | Posted 5/30/2019 | Comments
Topic Images in Korea has announced to its suppliers that will be launching its ‘Topic Collection’ on the PIXTA website in an effort to deliver better sales and service to their partner agencies and offer a broad range of quality contents to its customers. Topic was acquired by the Japanese agency PIXTA in 2017.

The VCG Story Takes Another Turn

By Jim Pickerell | 1105 Words | Posted 5/8/2019 | Comments
Selling-Stock has managed to gather more information about what has been happening at VCG. According to sources sometime after the Corbis acquisition VCG decided to copy Getty’s Premium Access strategy and launch a PA plan of its own. In addition to all the Getty and Corbis creative and editorial images, the iStock images are also available to the customers who purchase a PA plan.

Another Look At The Market In China

By Jim Pickerell | 643 Words | Posted 5/2/2019 | Comments
The stock photo market in China may be bigger, and more lucrative than many people think. Gaopin Images tells Selling Stock that their average gross sale to Chinese customers in 2018 was $35, 17% more than what Getty is earning worldwide and 44% more than the gross China sales Getty is reporting to its contributors.

Another VCG Update

By Jim Pickerell | 749 Words | Posted 4/22/2019 | Comments
VCG is still offline in China and there is no clear indication when they may be able to resume operations. It appears that VCG’s standard prices have ranged from tens to thousands of yuan. Thus, they could be as low $5 to $10 for the use of an image. Such prices seem to fit with the gross sales prices Getty Images has been reporting, minus a reasonable share for the selling agency. We also know that in a very few cases customers have paid well over $600 to use an image. However, It is unclear what the usage conditions have been for the extremely low prices or anything in between. Maybe VCG’s standard price packages have been very similar to those of Shutterstock or Adobe Stock. We don’t know.

Questions From China About VCG

By Jim Pickerell | 1320 Words | Posted 4/19/2019 | Comments
Photo World Magazine in China asked for my views on four issues related to the VCG copyright dispute. The following are my responses to the questions.  I’ve decided to share these comments with my readers. In addition, at the bottom of the story there links to some other stories on Selling-Stock.com that provide additional information

VCG’s Problems Continue

By Jim Pickerell | 509 Words | Posted 4/16/2019 | Comments
As we reported last week Visual China Group (VCG) in China was forced to close down itd website over the issue of offering the “Black Hole” photograph without giving “clear and visible” credit as required by the Creative Commons license.

VCG Violates Copyright

By Jim Pickerell | 229 Words | Posted 4/12/2019 | Comments
Techcrunch reports that VCG grabbed the first black hole photo released by the European Southern Observatory and immediately made the image available for sale for either editorial and commercial use without any attribution to the Event Horizon Telescope Collaboration (EHT), an array of radio telescopes that captured the black hole image.

In Defense Of Getty

By Jim Pickerell | 919 Words | Posted 4/11/2019 | Comments
More and more photographers are expressing frustration with Getty Images and saying they are pulling their images. Many are looking for another distributor that will charge higher prices and offer a better royalty share. I hate to defend Getty, but to be fair today’s low prices are not all their fault. If we go back to the early 2000s Getty tried to keep prices at reasonable levels, but once iStock and Shutterstock came on the scene, and got some traction, there was no way for Getty to hold out forever.

Travel Photographer Closes Website

By Jim Pickerell | 264 Words | Posted 3/20/2019 | Comments
Rick Strange, a very successful UK travel photographer with over 45 years experience is closing his www.worldtravelphotographs.com website after over 4 years of very disappointing sales. Considering the excellent quality of his work, this may be a cautionary tale for any photographer considering trying to market work from a personal website rather than using a stock agency.

StockFood Takes Over Look Travel Photo Agency

By Jim Pickerell | 468 Words | Posted 3/20/2019 | Comments
On April 1, 2019, StockFood GmbH will take over the German travel photo agency Look. All employees, including their long-standing customer advisors and photo editors, will join the StockFood team. For decades, Look (lookphotos.com) has been known as the leading German travel photo agency. From the very beginning, the name "Look" has been synonymous with the group's mission.

Getty To Push Exclusive RM

By Jim Pickerell | 701 Words | Posted 3/13/2019 | Comments
Getty Images sent out the following notice to image suppliers yesterday. Be sure to also see Getty Simplifying RM Exclusivity where I analyze the pros and cons of this plan for image creators. They said, "We will soon begin including a base level of Exclusivity into RM licenses called Market Freeze, which will allow customers exclusive use of an image for the combination of use, industry, geography, and duration of any commercial use license."

Getty Simplifying RM Exclusivity

By Jim Pickerell | 1012 Words | Posted 3/13/2019 | Comments
Will Getty’s move to simplifying RM Exclusivity be good for Image Creators? The following are several things RM contributors should think about. In particular, contributors who have co-exclusive agreements with Getty should question this new deal. See Getty To Push Exclusive RM for the full release on this new program

The End Of RM

By Jim Pickerell | 1002 Words | Posted 3/11/2019 | Comments
Getty Images personnel are telling some stock agency image suppliers that in 3 to 5 years there will be no more Rights Managed licensing. Everything will be RF. Currently, only 21% of the images in Getty’s Creative collection are RM. That is down from 55% in 2007, the last time Getty supplied detailed figures on gross sales of the various collections. Getty is also putting pressure on individual photographers to switch their RM images to RF.

PantherMedia Representing 360Cities

By Jim Pickerell | 259 Words | Posted 3/7/2019 | Comments
PantherMedia is now representing the work of the largest provider of 360 °/VR media provider, 360Cities. 360 °/VR media are ideal for use in education, publishing, advertising and film, as well as in the development of mobile apps and games. 360Cities has been curating high-quality, fully 360 ° interactive panoramic photos for over 10 years, working with thousands of passionate VR photographers and videographers from around the world.

Pricing For Today’s Stock Photo Market

By Jim Pickerell | 537 Words | Posted 2/21/2019 | Comments
An agent who has operated a small, specialist agency specializing in RM licensing for years contacted me recently and asked the following question. “I’m reworking (or trying to figure out) image pricing in bundle form (similar to OFFSET STOCK PHOTOS). I’m wondering if you’ve talked to them about whether their program might/might not be working?" Here’s my response.  

Pearson Sells U.S. Textbook Business

By Jim Pickerell | 195 Words | Posted 2/18/2019 | Comments
Pearson has sold its U.S. schools course materials business to the private equity groups Nexus Capital Management LP for $250 million. Nexus will pay an initial $25 million and a further $225 million by way of a vendor note due in the next three to five years for the business, which provides textbooks and resources for students from kindergarten to 12th grade.

Getty Demanding Agencies Supply Them RM Exclusively

By Jim Pickerell | 611 Words | Posted 2/4/2019 | Comments
Sources tell me that Getty is demanding that U.S. agencies with RM images in its collection make those RM images fully exclusive through gettyimages.com. Otherwise Getty will terminate the Agreement. One theory for doing this is that Getty wants to be able to grant exclusive licenses through e-commerce sales. If Getty knows they have total control of a given image, then they would be able to grant exclusive licenses without the need to do any checking with the parent agency that represents the image to see if exclusive rights are available. This would be similar to the arrangement that Stocksy has with its photographers.

Bridgeman Images Represents Veneranda Biblioteca Ambrosiana Collection

By Jim Pickerell | 234 Words | Posted 12/11/2018 | Comments
Bridgeman Images is very excited to announce that, thanks to the partnership between Mondadori Portfolio and the Ambrosiana, Bridgeman now represent the amazing Veneranda Biblioteca Ambrosiana collection, which is comprised of over 6,000 images and contains some of the most important works of literature and fine art in the world.

Where Is Stock Photography Headed in 2019?

By Jim Pickerell | 606 Words | Posted 12/10/2018 | Comments
I was asked recently for my predictions on where the stock photo industry is headed in 2019. There will continue to be massive growth in the number of images added to the major stock photo collections. An increasing percentage will be produced by amateurs not professionals who might be trying to earn a portion of their living from the images they produce.

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.

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.