Random Thoughts 154

Posted on 7/6/2007 by Julia Dudnik Stern | Printable Version | Comments (0)

July 6, 2007

FeaturePics Surpasses 300,000 Images

The stock photography Web site FeaturePics.com has an image collection that just passed the 300,000-image milestone. At the same time, the site began offering credit terms to image buyers.

Although FeaturePics is a community-driven business, it is not a microstock site. In addition to royalty-free photos and illustrations, FeaturePics sells images under rights-managed licenses and offers extended and editorial-licensing options. It also allows image owners to set their own prices and provides promotional space to individual contributors.

Prices of images prices vary from $1 to several hundred. Buyers purchase images using credit cards or PayPal. FeaturePics' contributors retain 70% of sales, which remains the highest creator cut in the stock-image industry. Photo-sharing newcomer Zooomr has promised to launch a licensing service with a 90% author commission.

Established in 2004 by Web developer Elena Orel, FeaturePics hit the 150,000-image mark last December. In the following six months, it doubled its inventory. The 300,000-image portfolio exceeds many traditional stock brands and is catching up to top 10 microstock sites, such as CanStockPhoto.com, which is nearing a half-million images.

FeaturePics expects continued growth of image inventory and sales. The site reports that more than half of the images it sells are purchased by buyers with an ongoing need for stock. Orel says that the largest volume of sales come from customers in the news and entertainment business.

To accommodate such clients, FeaturePics moved even further away from the microstock business model - which typically involves buyers purchasing site credits in bulk - to offering payment terms. "Making images easily accessible to these agencies is an integral part of FeaturePics's [marketing] strategy," said Orel.

AP Adds Medical, African-American Imagery

By: Julia Dudnik Stern

AP Images and the German specialty picture agency medicalpicture finalized a distribution arrangement. A database of 100,000 medical photos, graphics, illustrations, animations and videos will be added to AP Images' 3.5-million-photo inventory.

In May, AP Images came to a similar agreement with the Johnson Publishing Company, which owns Ebony and Jet magazines. Published in 1945 and 1951, respectively, the photographic archives of the two publications represent the most definitive collection of visual content depicting the lives of African Americans.

AP Images, an online distribution platform, licenses content for editorial and commercial use. The two recent agreements enhance a collection that includes work by AP photographers and multiple content partners, such as the UK Press Association and Women's Wear Daily.

Copyright © 2007 Julia Dudnik Stern. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz


Be the first to comment below.

Post Comment

Please log in or create an account to post comments.

Stay Connected

Sign up to receive email notification when new stories are posted.

Follow Us

Free Stuff

Stock Photo Pricing: The Future
In the last two years I have written a lot about stock photo pricing and its downward slide. If you have time over the holidays you may want to review some of these stories as you plan your strategy ...
Read More
Future Of Stock Photography
If you’re a photographer that counts on the licensing of stock images to provide a portion of your annual income the following are a few stories you should read. In the past decade stock photography ...
Read More
Blockchain Stories
The opening session at this year’s CEPIC Congress in Berlin on May 30, 2018 is entitled “Can Blockchain be applied to the Photo Industry?” For those who would like to know more about the existing blo...
Read More
2017 Stories Worth Reviewing
The following are links to some 2017 and early 2018 stories that might be worth reviewing as we move into the new year.
Read More
Stories Related To Stock Photo Pricing
The following are links to stories that deal with stock photo pricing trends. Probably the biggest problem the industry has faced in recent years has been the steady decline in prices for the use of ...
Read More
Stock Photo Prices: The Future
This story is FREE. Feel free to pass it along to anyone interested in licensing their work as stock photography. On October 23rd at the DMLA 2017 Conference in New York there will be a panel discuss...
Read More
Important Stock Photo Industry Issues
Here are links to recent stories that deal with three major issues for the stock photo industry – Revenue Growth Potential, Setting Bottom Line On Pricing and Future Production Sources.
Read More
Recent Stories – Summer 2016
If you’ve been shooting all summer and haven’t had time to keep up with your reading here are links to a few stories you might want to check out as we move into the fall. To begin, be sure to complet...
Read More
Corbis Acquisition by VCG/Getty Images
This story provides links to several stories that relate to the Visual China Group (VCG) acquisition of Corbis and the role Getty Images has been assigned in the transfer of Corbis assets to the Gett...
Read More
Finding The Right Image
Many think search will be solved with better Metadata. While metadata is important, there are limits to how far it can take the customer toward finding the right piece of content. This story provides...
Read More

More from Free Stuff