Flickr is curating its collection of over 10 billion images and contacting selected photographers to determine if they want to participate in
Flickr Marketplace. The Marketplace is expected to prepare images for licensing by many of the industry's RF and Microstock stock photo distributors and to pay image creators 51% or what Flickr receives.
Video education is red hot. For over a year Matthew White and Domenick Propati, CEO of Footage.net have been working to develop
Footage Access, an electronic service that allows students and faculty members at Colleges and Universities to research, download, and have limited free use of stock and archival footage in their non-commercial projects.
Recently, I received some second hand information about a major editorial agency in Europe that licensed about 70,000 in 2007. The number of images licensed was up to about 400,000 in 2014. Sounds great. But, here’s the rest of the story. The average price paid for each use in 2007 was about $167.00. The average price for each use in 2014 was a little over $12.00. Consequently, in spite of the almost 6 times growth in the number of images used in 2014 compared to 2007 the total revenue generated in 2014 was less than half that generated in 2007.
The
Getty Images Board of Directors has appointed Dawn Airey to the role of Chief Executive Officer, as of October 12, 2015. Co-founder and CEO, Jonathan Klein is
stepping up to the role of Chairman, as announced on the company’s 20th anniversary in March of this year.
Are you tired of ads for things you absolutely don’t want of need interrupting your favorite news or entertainment TV shows? Almost one-third of every hour is taken up with ads. When you’re trying to read something online do the pop-up ads that are often very difficult to get rid of interrupt your reading and train of thought? Many in the general population want to get rid of these annoyance, but how is that likely to affect revenue for image producers?
According to Zenith Optimedia total worldwide ad spend was about $510 billion in 2014 and Internet advertising (incluiding mobile) was about $122.4 billion in 2014. By 2017 digital is expected to be almost one-third (32.3%) of all global advertising or about $188 million.
Adobe has made it easier for companies with multiple designers (a creative team) to access, manage and license images from one shared Adobe Stock subscription at no extra cost. The service called “Pooled Images” allows an unspecified number of team members to have access to the same Adobe Cloud account.
Stock footage provider
Dissolve has announced that it will add royalty-free photography to its creative offering on October 1 of this year. The move comes after two years of steady revenue growth and a burgeoning reputation in the footage-licensing market.
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.
VisualSteam has announced the results of its annual survey of art buyers regarding the use of stock photography and video. Getty Images, iStock Photos, and Shutterstock take the top 3 spots (in that order) as the go-to resources for art buyers.