FPG has upgraded their on-line site and added their iSwoop Royalty Free products to the site. They also have on-line prices and the prices are HIGHER that those in Negotiating Stock Photo Prices, a welcome change from some of the other things that have been happening on the price front.
Getty reports $79.9 million in sales for the 4th quarter of 1999, up significantly from the 3rd quarter. E-commerce sales are up in real terms, but about level as a percentage of total sales. Rumors about VCG acquisition.
Internationally recognized baby photographer Penny Gentieu has sued TSI for copyright infringement and non-payment of monies owed. She alleges that TSI is not pursuing third party infringers and allows images to be used long beyond their license term.
Getty is telling the investment community one thing and their photographers something else. This story looks at what TSI photographers were told at a New York meeting on Jan. 21st, and how it fits with what Getty is telling investors.
Stories this month include: SuperStock's launch of Express Pricing, an analysis of RF sellers, what Getty is telling Investors, what foreign agencies are looking for, and problems photographers are having shooting scenics in Santa Barbara.
On December 15, 1999 Art Wolfe sold 7,587 shares of Getty Images stock he received in ''Payment for Photo Rights'' a year earlier. When acquired the shares were valued at approximately $100,000. He sold them for $312,000.
In an effort to make the process of purchasing stock more hassle-free for the buyer SuperStock has instituted Express Pricing. A simplified list of 18 prices are expected to cover 80% of SuperStock's sales.
Santa Barbara has passed laws that make it almost impossible for a stock photographer to legally shoot in this attractive oceanside community. Norman Sklarewitz outlines the mind-boggling red tape. Will other cities follow SB's example?
Nancy Wolff, PACA Counsel, provides a concise explanation of copyright rules in the United States relative to the duration of a copyright.
The size and potential for growth of the stock photo industry is important to investors. Many of the numbers investors rely on have little basis in reality and their decisions may cause problems for those of us who shoot and sell images.
Some photographers are saying that the numbers in Negotiating Stock Photo Prices are out of date and should be reduced. See why we disagree.
Photographer/editor judiwhite offers some useful suggestions on pricing web page uses. Her insights are particularly important because she was one of the founding editors of Time Warner's Virtual Garden on Pathfinder, and has a solid understanding of the publishers perspective.
These short news items include: Sheldon Marshall's return to the indusry, Gamma Sold, Web Crawlers Win Right to use Your IMAGES, Decline in the Printing Industry, What foreign agents want in the way of images, and more.
Dirck Halstead, President of The Digital Journalist has founded a new agency to help still photographers produce and sell digital video projects for use on television and the web. The next training session is at Apple Computer in California in January.
United News & Media, (UNM) parent of Visual Communications Group (VCG), and Carlton Communications have announced a £7.8 billion ($12.6 billion) merger. VCG is scheduled to be sold as the new company focuses on its television business.
Getty's third quarter sales and their story to the investment community offer some interesting insights for photographers.
Getty raises an amazing $269.1 million in a public offering of 6,900,000 shares. The share price was $39 per share. They raised enough to pay for the entire acquisition of The Image Bank and have plenty of cash to spare.
The Glencoe story takes more twists and turns. Additional titles have been discovered about which image sellers have not been notified or paid.
These short news items include: NAFP Disbands, Todtri Served In Effort To Collect, Getty Acquires Newsmakers, Corbis E-Commerce Sales, PACA International Conference and Photonica Appoints Mayes COO.
This story provides a breakdown of the stock agencies that have been acquired by other agencies in the last few years.
Stories this month include: Getty Buys Image Bank, Tasini Decision Overturned, Speedpix, PNI and Cinebase to Merge and Infringement at Glencoe.
In assessing the impact of Royalty Free on the stock photo market it is important to look, not just at gross sales, but at the number of uses these sales represent. In this story we have done an analysis of total uses.
Photographers and agencies are having problems getting paid on two Glencoe/McGraw-Hill book projects -- the 1998 revision of Biology: The Dynamics of Life and a series of three books called Science Voyages 2000. Details are provided.
We have a new pricing schecule for Editorial Web uses that is a suppliment to the prices listed on page 220 of Negotiating Stock Photo Prices. The prices on page 220 are still applicable for corporate and commercial uses.
Getty Images' filing with the Securities and Exchange Commission in conjunction with its acquisition of The Image Bank provides some interesting insights and surprises. TIB sales of still images were lower in the first six months of 1999 than during a similar period in 1998.