Photojournalism
Three senior news executives have joined Kevin Smith’s new media company,
The Mega Agency. Smith is delighted to announce that Paul Tetley, David Leigh and Karlo Pastrovic have joined the Mega team.
A US-based celebrity photo agency is currently looking for a buyer interested in taking over its operations or acquiring its archives. Founded in 2003 by a music photographer, the company has established reputable and strong relationships with publications, artists and publicists. With just one highly motivated owner who wishes to retire, it is profitable, has no debt and is reasonably priced. A buyer could either manage the company as an independent archive or integrate the archive (1.4 Million images, fully captioned in English) to its own collection.
Some European photographers, particularly in France, think many of our industry’s problems could be solved with a Photographer’s Union. Unfortunately, a Union of Professional Photographers would probably only make the situation worse for most union members.
Alamy has been chosen as a distribution partner for photo content from international news agency Reuters. The deal will give all of Alamy’s customers in the UK, US, Canada and Ireland access to millions of images that span over 20 years of incredible news photography.
ZUMA Press, has announced that it is now offering images from top wire service Reuters through its news feed. ZUMA proudly becomes a distributor of Reuters images in the United States and Latin America as of today.
Getty Images has launched the
Getty Images Virtual Reality Group, a new business dedicated to the creation and global distribution of virtual reality (VR) content.
The “Best In Show Festival 2016” of Pulitzer Prize-winning photographs will open at 12:00 noon Saturday, May 14, at the Palm Beach Photographic Centre in West Palm Beach, FL.
Shutterstock has signed a 3-year exclusive worldwide distribution agreement with
Starpix, a boutique celebrity, red carpet and event photo company that provides photo coverage on the East coast for leading film studio clients and publishers.
Last fall, BVPA, the German association of picture agencies, asked me a series of questions about the U.S. market for stock photography and where I think it is headed. The following is what I told them along with links to a few relevant stories.
The Mega Agency, a new global media business, focused on delivering editorial images, is pleased to announce that David Ellis has been recruited as UK Sales Director.
As revenues have declined in recent years due to declining sales for the use of images in print, and increasing use of images on the web at much lower prices, many French editorial agencies have found it necessary to reorganize. Jean Michel Psaila, CEO and owner of
Abaca Press says, “The market has changed. We used to get €200 for print use. Now we get €5 for online use.”
Shutterstock, Inc. has announced a three-year deal with The Associated Press (AP) to distribute AP's daily global photo and packaged video output for license to customers based in the United States. This milestone will also give U.S. Shutterstock editorial customers access to over 30 million photos and nearly 2 million video clips from, respectively, AP Images and AP Archive.
If you’re in the editorial photography business keep your eye on
The Mega Agency. This company is a new editorial stock agency founded by the people who started Splash. Splash later became a key part of the Corbis editorial offering.
Shutterstock, Inc. has announced an exclusive global syndication deal with
BFA, a leading lifestyle, fashion, art and entertainment content creation agency. Over 1.7 million editorial images in the BFA collection will now be available to Shutterstock’s Premier customers, which include some of the largest marketing communications companies and publishing houses in the world.
The newsmedia struggles with the concept of reality and unbiased reporting, but what is reality? Is reality what can be recorded on film? Is it a JPEG rather than a RAW file? Is it only what is recorded in a video regardless of what might have been happening moments before the video started recording? If a digital file has been adjusted, or manipulated, can it still be an accurate representation of the truth of a situation?
What amazes me is why all the smart people in the publishing world think they have to give away all their information when they put it on the Internet. In theory if you get enough “eyeballs” then you can sell more ads and the revenue from the ads will cover your costs and generate a profit. But, that theory is not working.
Newzulu has decided to focus its news collecting operation on video. They will continue to accept still images, but will limit the number of photos to 20 shots per submission.
Shutterstock, Inc. has hired photographers Chelsea Lauren, Rob LaTour, Stephen Lovekin, and Andrew H. Walker to bring the best event photography and celebrity portraiture to the company.
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.
Lately, I’ve been getting a lot of questions from investors trying to assess the stock photo industry growth potential and figure out where Shutterstock, Adobe and Getty Images are headed. In general here is what I’ve been telling them.
At its annual General Meeting (AGM), held this year in Paris member owned
Magnum Photos nominated six new members: a record breaking number. They include:
Matt Black,
Carolyn Drake,
Lorenzo Meloni,
Richard Mosse,
Max Pinckers and
Newsha Tavakolina.
Newzulu Limited (ASX: NWZ) is pleased to announce that it has entered a strategic partnership and content syndication agreement (Agreement) with
Alamy. Newzulu’s crowd-sourced news archive will be featured among Alamy’s collection of over 50 million images from which the platform has generated over US$154 million for its contributors in the last 15 years. Newzulu and Alamy will work together to generate revenue through the sale and licensing of Newzulu’s crowd-sourced content to Alamy’s editorial, creative and commercial clients worldwide.
A photojournalist’s goal should be to supply the publications they work for with the best possible image that accurately reflects what they saw. If readers are to trust newspapers and magazines they must know that the images and information provided are an accurate representation of what really happened.
Global crowd-sourced media platform and live-streaming company,
Newzulu, and mobile photo and video crowdsourcing service
Scoopshot, have partnered to collect and market citizen generated content and offer untapped revenue opportunities to brands and publishers around the world.
The Associated Press and the National Football League today extended their commercial photo agreement, solidifying the AP’s status as the worldwide commercial licensing agent of the NFL through the 2017 season.