In late September 2018,
Google announced that it had been working with two photo industry consortiums, CEPIC and IPTC, to integrate some image ownership-related metadata into search results. Now Google images desktop view has a new “Image credits” link below the image. This information is collected from IPTC Creator, Credit and/or Copyright information if it exists.
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.
We have closed the
Editorial Photographer Income Survey that was sent out at the end of August. There were 270 responses which is somewhat disappointing considering the tens of thousands of photographers producing stock images today.
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.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.
For the last four years the Australian Government has published an annual "Consumer Survey on online copyright infringement". The
103 page report focuses on the unlicensed use of Music, Video Games, Movies, TV, e-Books and PC software. Unfortunately, it does not deal the unlicensed use of photographs.
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.
I’m regularly asked for my thoughts on the size of the worldwide market for stock photography in terms of gross revenue and the potential for market growth. I currently estimate the worldwide sale of stock imagery to be about $2.75 billion divided among four different product types - Microstock, Creative Stills, Editorial and Footage or Video. Further details of the breakdown are provided in this story.
There is very little likelihood that the overall market will grow if the stock photo business continues on its current course. In order to have growth at least four major strategy changes are needed. I see no likelihood that any of these will occur.
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 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.)
The US Court of Appeals for the Second Circuit reinstated copyright infringement claims by sports photographers against commercial users of their photographs, finding that the licenses that the photographers had granted to one of those users did not permit it to grant a sublicense to the other to use those photographs for free.
Spinelli, et al. v. National Football League, et al.,
Case No. 17-cv-0673 (2d Cir. Sept. 11, 2018) (Lynch, J).
The following is an update of information I have supplied previously about the Image Creator Locator concept. The previous stories can be found
here,
here,
here and
here.
The images created by photographers who are trying to earn a portion of their living from their work represent very small minority of the total images that can be found on the Internet. Every day the number of images on the Internet that require licensing becomes a smaller and smaller percentage of the total. While there may be 2 billion unique images online that photographers have on offer for licensing, that number is a very small percentage of the total images available for viewing.
The last thing this industry needs is lower prices. However, it often seems that whenever someone wants to start a new business, or grow an existing one, they conclude that the most important distinguishing characteristic compared to their competitor must be lower prices. The new
Onepixel offering clearly illustrates this point. A group of people with experience in the industry put together a new site. Based on their experience they are well aware of the type images in greatest demand by customers. They have previously built relationships with many of the creators of such images. They have a good idea for offering a small highly curated collection of images that will make it much easier for customers to quickly find what they need.
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.
The U.S. Senate has passed the
FAA Reauthorization Act that will give authorities permission to shoot down private drones that are determined to be “threats.” The proposed law has sparked an outcry from civil liberties organizations.
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.
Photographers trying to earn a portion of their living from the images they produce get very upset when they discover that someone has used one of their images without permission or compensation. But, pursuing and collecting from such users can be a very complex process and raise some difficult issues.
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.
ACSIL, Association of Commercial Stock Footage Licensors, has provided more information about the ACSIL and CLEAR panalists for its West Coast Footage Meet-Up in Los Angeles on Saturday, October 20, 2018 from 2pm to 7pm. The event will be held at Getty Images, Los Angeles, 6300 Wilshire Blvd, 16th Floor. For more about Meet-Up see
here. Attendance for footage buyers is free.
One advertising trend to watch that could have a major impact on the demand for stock photography is the use of “customer stories” to market products and services. Recently at a Dreamforce conference Stephanie Buscemi, Chief Marketing Officer at Salesforce said, “
We’ve eradicated stock photography. In the marketing organization, using stock photography is one way not to have a job. We always use customers.”
Creators take note. Are you a
“Copyright Troll?” For people in the tech industry and many Internet users this as a term of derision implying that the troll has no right to expect compensation for small uses of their copyrighted material. On the other hand, for those trying to earn a portion of their living creating the images that people need to promote their businesses and the services they offer, maybe this should be a badge of honor. Maybe you should be proud to be referred to as a
“Copyright Troll.”
Over the weekend on
Stockphoto@yahoogroups.com Rick Boden said, “I was getting serious about (putting my images with) Adobe Stock Images and then I realized they sell images via subscription. I have a very bad feeling about getting into an arrangement like that based on experience where my present agency (that) has a tie in with Getty where I am getting many royalties of less than a dollar because of subscription sales.”
ACSIL, Association of Commercial Stock Footage Licensors, has announce the IDA panalists for its West Coast Footage Meet-Up in Los Angeles on Saturday, October 20, 2018 from 2pm to 7pm. The event will be held at Getty Images, Los Angeles, 6300 Wilshire Blvd, 16th Floor.