On June 14th a new
CEPIC executive board was elected to serve two years terms.
Alfonso Gutierrez of AGE Fotostock, current president of CEPIC was elected to another two year term.
The
MEGA Agency has expanded its staff in the US, UK and Germany to cope with the companies rapid growth. CEO Tom Tramborg said, “Our growth since launch has been phenomenal, so we are hiring new staff to keep up with the ever-increasing demand for Mega images.”
Many of the attendees at the CEPIC Congress are working to produce a collection of more “Premium” images as a way to set themselves apart from the massive collections produced to a great extent by amateur contributors. To do this they are editing tighter and separating out images of the highest “quality” and production values. The argument for this is that there are still customers willing to pay higher prices for better quality, unique images with top quality models and great production values.
The
New York Times 2020 Group published a report in January 2017 that said its daily reporting needed to become more visual. In April it was reported the day rate for freelance assignments would jump from a previous $200 to $250 (according to some contributors) to $450, with shorter assignments “that don’t meet the full day-rate requirement” paying out at $300, still higher than the previous full day rate.
Adobe Stock has announced new partnerships that will bolster its collection: news images from Reuters; sports photos from USA Today; 400,000 images from Stocksy.
Getty Images has announced an exclusive content distribution deal with drone pilot platform DroneBase. Beginning with over
200 creative video assets, the partnership will expand to include 360 stills and video and virtual-reality content.
One of the big questions in today’s stock photo industry is the future potential for stock video use. Recently, the Digital Media Licensing Association (DMLA) conducted a webinar on this subject. A video is available
here.
Stock photo agents tend to resist supplying photographers with much information about the specific images customers license. I would like to look back to the 1980s and 1990s and remind them how such information helped agencies grow their businesses and photographers produce more of what customers really wanted to buy.
According to
Pew Research Center the combined print and digital U.S. daily newspaper circulation fell an estimated 8% to 35 million and 38 million for Sunday, the lowest levels since 1945.
InMagine has announced to its contributors that it will be shutting down its website on 30 September 2017 and will no longer be distributing your images, vectors and/or video on our website after that date.