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Growth In Number Of Images Licensed

By Jim Pickerell | 1472 Words | Posted 4/22/2014 | Comments
Recently, I received a request from Clive Thompson, columnist with Wired Magazine, asking about the number of stock photography images licensed annually. He was more interested in the increase/decrease of the number of images sold than in any impact it might have had on revenue. Here’s what I told him.

Getty Photographer Get Surprising Insights Into Pinterest

By Jim Pickerell | 861 Words | Posted 4/21/2014 | Comments
Getty photographers are getting some surprising insights into the use of their images on Pinterest as they review their Getty sales reports this month. For many photographers over half the reported sales are for “Pinterest/Portal” usage. The gross fee paid to Getty for such usages is $0.03 and the photographer’s royalty share is $0.01.

Getty Launches iStock Subscriptions To Compete With Shutterstock

By Jim Pickerell | 1150 Words | Posted 4/10/2014 | Comments
Getty Images has launched its iStock subscription offering in an attempt to compete with Shutterstock. There are two levels of iStock subscriptions – iStock Essentials and iStock Signature. With iStock’s offering customers can download 250 images a month with the monthly plan or 750 images a month with the annual plan. With Shutterstock there is a daily limit of 25 images a day (750 a month) regardless of which plan you purchase.

2014 CEPIC Congress In Berlin

By Jim Pickerell | 262 Words | Posted 4/9/2014 | Comments
The CEPIC Congress scheduled to be held in Berlin on June 4 through 7, 2014 is less than 2 months away. Already nearly 350 stock photo agents and industry suppliers are signed up to attend. For a full conference program see here.

Permission Machine

By Jim Pickerell | 1170 Words | Posted 4/8/2014 | Comments
The Permission Machine (PM) is a startup in Belgium that is trying to educate social media users that they need permission to use the images they find on the web and provide them with a simple, easy way to license uses.

Getty Images Opens Entries for 10th Annual Grants Program

By Jim Pickerell | 511 Words | Posted 4/7/2014 | Comments
Getty Images has announced the call for entries for its Getty Images’ grants programs for 2014.  The grants will include  – The Grants for Editorial Photography, Creative Grants and the Contour by Getty Images Portrait Prize – as well as the Emerging Talent Award. The deadline for entry and Applications is May 15, 2014 by 11:59 p.m. GMT (London Time). For more information see  http://www.gettyimages.com/grants.

Dreamstime Releases WordPress Plug-In

By Jim Pickerell | 189 Words | Posted 4/3/2014 | Comments
Dreamstime has released a plugin for WordPress that enables WordPress users to easily access and embed free and commercial content from Dreamtime’s 22.5 million image library.

Got To Keep Producing

By Jim Pickerell | 753 Words | Posted 3/28/2014 | Comments
Recently, on the “Stock Photography, buy and sell your images” group on LinkedIn photographer Pierre Charrlau complained that his Getty Images sales have “greatly diminished” and wanted to know if others were having the same experience.

Average RM and RF Prices At Getty

By Jim Pickerell | 588 Words | Posted 3/27/2014 | Comments
On its web site for Flickr contributors Getty asks, “What are the average prices for RM and RF?” and then gives the following answer. “The average licensing fee for royalty free ranges from $175 to $225. And for rights managed licensing, keeping in mind that uses and fees vary widely; the average is around $550-$650.”

Fotolia's Dollar Photo Club

By Jim Pickerell | 436 Words | Posted 3/25/2014 | Comments
Fotolia has decided that in order to attract more customers to their microstock offering they need to lower prices for professional users. They have created a members-only Dollar Photo Club and are promoting it to readers of Graphic Design USA (GDUSA).

Brianna Wettlaufer Named CEO Of Stocksy

By Jim Pickerell | 231 Words | Posted 3/25/2014 | Comments
In celebration of the one-year anniversary of Stocky United, Brianna Wettlaufer has been appointed CEO of the company. Wettlaufer, who was co-founder and former VP at iStockphoto, (which was acquired by Getty images for $50 million in 2006) brings over 10 years of leadership and innovation to her role.

U.S. Court Of Appeals Overturns Lower Court Copyright Registration Decision

By Jim Pickerell | 405 Words | Posted 3/19/2014 | Comments
After many years, the Ninth Circuit finally entered a decision in the Alaska Stock, LLC v. Houghton Mifflin Harcourt Publishing Company (HMH) case.  In Anchorage U.S. District Judge H. Russel Holland had originally tossed the federal lawsuit after finding that the photographs had been improperly registered with the Copyright Office.

Subjects In Greatest Demand

By Jim Pickerell | 815 Words | Posted 3/18/2014 | Comments
A reader asked if anyone produces a list of the stock photography subjects that are in greatest demand. As far as I know such a list does not exist. In very general terms the subjects in greatest demand are model released people in business and family situations, but to be useful it is necessary to get much more specific.

“Perfectly Imperfect” - New Food Trend From StockFood

By Jim Pickerell | 453 Words | Posted 3/17/2014 | Comments
StockFood has released a new collection of food images that points to a new trend in food photography, and to a certain extent in stock photography as a whole. They call their collection “Perfectly Imperfect” which describes the spirit of spontaneity that is increasingly in demand in every type of photography.

Getty: A Three Month Review

By Jim Pickerell | 1487 Words | Posted 3/14/2014 | Comments
In all the excitement about 35 million FREE images it is worth looking back at some of things that have been happening at Getty Images in the last three months. After watching revenue decline for the fifth straight quarter, and many of its top producers cut back on production or stop supplying new images altogether, Getty evidently decided that their turn-around strategy wasn’t working and they needed to make some radical changes.

Getty Terminates Agreement With Flickr

By Jim Pickerell | 814 Words | Posted 3/11/2014 | Comments
Getty Images has announced to its Flickr contributors that it has provided notice to terminate its existing agreement with Flickr. The original 5-year agreement went into effect in July 2008. Getty has been unable to come to a new agreement at this time. Getty says they continue to be open to working with Yahoo!/Flickr.

Are Stock Photo Prices Falling Everywhere?

By Jim Pickerell | 930 Words | Posted 3/9/2014 | Comments
Most photographers believe stock photo prices are declining everywhere. But not at Shutterstock where they have seen a 27% increase in 3 years from $1.91 per download in Q4 2010 to $2.43 in Q4 2013. RM and traditional RF photographers are thinking, “This is not a story for me. I’ll never go near any distributor with prices that low.” Please don’t give up. Let me walk you through some numbers that you may find useful and interesting.

iStock To Launch Subscription Service

By Jim Pickerell | 958 Words | Posted 3/4/2014 | Comments
iStock has announced that in April it will launch a subscription product based on the Thinkstock subscription product. The low priced Thinkstock product has been the fastest growing part Getty Images’ business.

Videos From Microstock Expo 2013

By Jim Pickerell | 447 Words | Posted 2/28/2014 | Comments
If you couldn’t make it to the Microstock Expo (MExpo) in Berlin last November now from the comfort of your home or office you can see and hear all the discussions that took place during the two-day conference. Of course, this material will be particular interest to microstock shooters and distributors, but even if you are licensing your work at RM or traditional RF prices you will find that many of the discussions provide important insights into where the stock photo industry is headed.

iStock Accounting Problems

By Jim Pickerell | 718 Words | Posted 2/27/2014 | Comments
Over 9,000 iStock photographers have received notices that they were overpaid for sales made through the Partner Program (PP). Getty plans to reclaim the overpayments by deducting the amount from the future royalty payments owed the contributors over the next six months. It is unclear exactly how much the total overpayment was, but based on what some photographers are being told will be deducted from their accounts it could have been millions of dollars.

Image Licensing Trends

By Jim Pickerell | 612 Words | Posted 2/26/2014 | Comments
Earlier this week I wrote about the average price per image licensed at Getty. This article will examine some of the publicly available and widely reported numbers related to the number of images licensed.

Photos.com To Be Consolidated With Thinkstock

By Jim Pickerell | 526 Words | Posted 2/25/2014 | Comments
On March 10, 1014 Getty Images plans to close down Photos.com and move virtually all the content and operations to Thinkstock. Thinkstock currently offers more than 14 million images. Added to Photo.com’s 5.5 million image that will put Thinkstock in the 20 million image range.

Things To Consider When Licensing Images As RM

By Jim Pickerell | 1024 Words | Posted 2/24/2014 | Comments
Recently, I had the opportunity to examine the 2013 sales of a few of Getty Images’ major contributors. They licensed images as both RM and RF. While these contributors represent a very small sample of all the people represented by Getty, I believe their experience is reasonably representative of what is happening in the entire collection. Their figures may provide some useful insights.

Shutterstock Reports $235.5 Million For 2013

By Jim Pickerell | 1234 Words | Posted 2/21/2014 | Comments
Shutterstock has reported a record 28 million downloads and $68 million in revenue for Q4 2013. The company’s revenue for all of 2013 was $235.5 million, up from $169.6 in 2012. About 28% of the revenue was paid out to contributors in royalties.

Alamy Introduces Stockimo An iPhone App

By Jim Pickerell | 782 Words | Posted 2/19/2014 | Comments
Alamy has jumped into the mobile photography business with Stockimo, a new iPhone app that lets photographers upload pictures taken from their iPhone. Stockimo is open to anyone. Alamy contributors who were with the company before the Stockimo launch will receive a 50% royalty. Contributors who are new to Alamy and just submitting iPhone photos will receive a 20% royalty.