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.
Recently, I asked
AdobeStock a number of questions about their operations. Their answers can be found below.
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 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.
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.)
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.
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:
http://aspp.com/the-law-releases-101-why-and-when-you-need-them/
Shutterstock's data team has identified the fastest growing colors over the past year by matching pixel data with image download behavior from our customers including brand marketers and creative professionals around the world.
The results of the Graphic Design USA annual stock survey are now available online.
Check
it out. Be sure to read the extensive comments of Graphic Designes that provide some important insights into what image creators should be producing, and stock agencies should be doing to provide better search ability of their collections.
Pearson has cut its full-year guidance to investors in a dire warning about the continuing "cyclical and policy-related factors which have been hurting our markets for some years." Its share price fell almost 17% to a value of $14.54 in New York. The company’s ADRs are now down 30.7% over the past six months.