Masterfile Struggles

By Jim Pickerell | 1361 Words | Posted 11/9/2015 | Comments
For decades Masterfile has been a leading provider of stock imagery to advertising, design and corporate communications. The company represents the work of many of the worlds leading image producers. Its collection is well edited and its website offers very efficient search. Currently, more than 70% of the company’s revenue comes from sales in North America and more than 80% comes from the advertising, design and corporate communications segments of the market that presumably need the highest quality work and have the budgets to pay for it.

Corbis Cutting Staff By 15%

By Jim Pickerell | 232 Words | Posted 11/6/2015 | Comments
Bloomberg has reported that Corbis will be cutting about 15% of its staff. The information came from an internal memo sent to employees by CEO Gary Shenk, and obtained by Bloomberg.

Shutterstock Reports Q3 Results

By Jim Pickerell | 1327 Words | Posted 11/5/2015 | Comments
Today, Shutterstock reported $107.3 million in revenue for Q3 2015, a 28% increase over Q3 2014 and up nearly $3 million from the previous quarter. The increase was primarily due to a 22% increase in the number of paid downloads compared to a year earlier.

iStock Small Monthly Subscriptions; Higher Royalties

By Jim Pickerell | 623 Words | Posted 11/4/2015 | Comments
In an effort to compete with AdobeStock, at the end of August iStock began to test an offering of Small Monthly Subscriptions with 10 and 25 download limits. The rates for 10 downloads are $40 for Essential (non-exclusive) images and $99 for the images contributors have supplied exclusively to iStock.

Adobe Stock Answers Questions

By Jim Pickerell | 828 Words | Posted 11/3/2015 | Comments
Recently, I asked AdobeStock a number of questions about their operations. Their answers can be found below.

CueSongs Names Luke Vines COO

By Jim Pickerell | 394 Words | Posted 11/3/2015 | Comments
CueSongs today announces the appointment of Luke Vines as Chief Operating Officer. Vines will begin the role with immediate effect, reporting directly into Christina Vaughan, CEO of CueSongs.

Diomedia Historical Calendar

By Jim Pickerell | 581 Words | Posted 11/2/2015 | Comments (1)
Diomedia has developed an interesting way to use mobile devices to promote its historical collection. The Diomedia Historica (enter Historical Calendar at the App Store) to get the free app.

The Future Of Corbis

By Jim Pickerell | 537 Words | Posted 10/30/2015 | Comments
Rumors were flying in New York last week that Corbis may be sold. The rumors are that Shutterstock is interested in purchasing Corbis. The consensus seems to be that Corbis’ gross revenue is in the range of $100 million down from $225 in the mid-2000s. It is believed that about half of the gross comes from editorial and the other half from creative. (These figures may not include the rights clearance part of Corbis’ business.)

Take Aways From Photo Week

By Jim Pickerell | 1132 Words | Posted 10/30/2015 | Comments (2)
I just returned from the annual “Photo Week” in New York – two days at PhotoPlus Expo, two-and-a-half days at the DMLA annual conference and one day at Visual Connections. Here are a few take aways.

Releases: Why And When You Need Them

By Jim Pickerell | 66 Words | Posted 10/30/2015 | Comments
Nancy E. Wolff, Counsel for the Digital Media Licensing Association (DMLA) has written a very clear and detailed explanation of Why and When image creators need releases that was recently published on the American Society of Picture Professional (ASPP) website. Anyone planning to license pictures of people, and in some cases object and other property, should be familiar with this information. Read the article here:

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This stock photography news site focuses on the business side of photography with a special emphasis on stock photography. Our goal is to help photographers maximize their earnings based on the quality of their work and the commitment they are prepared to make to the trade. The information provided will be applicable to part-timers as well as full time professional photographers. We’ll leave it to others to teach photographers how to take better pictures.

Jim Pickerell launched his career as a photographer in 1963. In 1990 he began publishing a regular newsletter on stock photography. In 1995 the information was made available online as well as in print and was gradually expanded to a daily service. Click here for Pickerell's full biography.

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