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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 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 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.
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
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 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
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.
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.
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.”
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.