Agencies/Distributors

lPStock Blockchain - More Information

By Jim Pickerell | 1210 Words | Posted 1/15/2018 | Comments
After publishing the story on IPStock on Friday I had some further questions particularly in regard to how customers actually pay for the use of images and how the photographers would receive payment. Askold Romanov, answered my questions.

Kodak Announces Photographer-Friendly Cryptocurrency

By Jim Pickerell | 783 Words | Posted 1/10/2018 | Comments
Kodak and WENN Digital, in a licensing partnership, have announced the launch of the KODAKOne image rights management platform utilizing blockchain technology and KODAKCoin, a photo-centric cryptocurrency to empower photographers and agencies to take greater control in image rights management.

Copytrack’s Blockchain-based Global Copyright Registery

By Jim Pickerell | 650 Words | Posted 1/10/2018 | Comments
Copytrack, the German organization that tracks use of images on the Internet and then pursues infringers when an unauthorized use is discovered has announced that its “blockchain powered copyright registry and enforcement platform is preparing the enter the second round of the crowdsale” as a way of raising revenue for future expansion.

Two Categories Of Image Suppliers

By Jim Pickerell | 1019 Words | Posted 1/8/2018 | Comments
Broadly, there are two different categories of photographer who produce stock images. I believe way less than 7% of Shutterstock contributors are earning enough annually to view stock photography as a career. A contributor probably needs a collection of at least 20,000 images to earn a reasonable amount of money by U.S. standards. At least 93% of Shutterstock contributors have fewer than 1,000 images in the collection and their average income is less than $200 annually. See the breakdowns.

Leading Shutterstock Contributors

By Jim Pickerell | 1244 Words | Posted 1/5/2018 | Comments
At the end of 2016 Shutterstock had 190,000 contributors. By May 2017 that number was up to 225,000 and in September when they launched Shutterstock Custom Content they said they had 250,000 contributors. Presumably the number was even higher at the end of the year.

Adobe Trends – Silence And Solitude

By Jim Pickerell | 163 Words | Posted 1/5/2018 | Comments
Following its Visual Trends predictions for 2018, Adobe recently released a deep analysis of its first trend – Silence and Solitude. In this chaotic, always-on world where people are bombarded with constant speeds and feeds, the Adobe is seeing a growing demand for images that convey comfort and regeneration.

Shutterstock Showcases Premier Editorial Content To All Customers

By Jim Pickerell | 894 Words | Posted 12/20/2017 | Comments
Last week Shutterstock notified its editorial shooters that they had begun showcasing all of their Premier Editorial content on Shutterstock.com. Previously this content has only been accessible through the Shutterstock Premier website. “The new editorial tab will include our historic Rex collection, images from strategic partners, including AP, BFA, epa, and live coverage of breaking news, entertainment and sports events,” they said. 

Shutterstock Bans Images Of Ape And Monkey “Actors”

By Jim Pickerell | 351 Words | Posted 12/18/2017 | Comments
After PETA (People For Ethical Treatment Of Animals) pointed out that monkeys and great apes suffer immensely when used for photo shoots—and that images of these animals in unnatural settings can harm conservation efforts and bolster the illegal wildlife trade—Shutterstock agreed to remove and ban all such photographs and videos of these species from its collection as well as from those of its subsidiary Bigstock.

Storyblocks 2018 Trend Guide

By Jim Pickerell | 199 Words | Posted 12/14/2017 | Comments
Storyblocks has published a 2018 Trends Guide that features predictions for the year ahead based on 64M searches and 38M downloads across their sites in the last year (365 days). The results suggest that creators are increasingly globally aware and creating a strong increase in demand for diverse and global content.

HOsiHO: Aerial Stock Collection

By Jim Pickerell | 216 Words | Posted 12/14/2017 | Comments
A three-year-old specialist stock agency in France call HOsiHO (meaning High So High, in French) is finding strong demand for aerial stock photography. The agency has a collection of 3000 aerial videos and stills shot by a pool of more than 40 talented contributors based at the four corners of France.

Why Creators Are Dissatisfied With Getty

By Jim Pickerell | 750 Words | Posted 12/13/2017 | Comments
Recently, a Microstockgroup post by Hochmann asked, “Why all the hate towards Getty Images?” He went on to say, “Yes, I know that they give 20% as a commission while a bunch of other companies start at 35% and many of them go above 50%. But the thing is that in Getty you're getting 20% of photographs sold for $100 or $1000 instead of 50% of 1 dollar.

Getty Promotion Offers 31% Discount

By Jim Pickerell | 566 Words | Posted 12/12/2017 | Comments
Getty Images has sent out a promotion inviting customers to “Stretch Your 2017 Budget Into 2018  With Ultrapacks” and giving them 31% off if they purchase before the end of the year the right to download a certain number of images in 2018.

Pickit Establishes Offices In Redmond Washington

By Jim Pickerell | 370 Words | Posted 12/8/2017 | Comments
Tim Hinchliffe has reported on the Sociable blog that Swedish stock image startup Pickit has announces its entry into the US market by establishing an office in Redmond, Washington to be closer to Microsoft.

Entertainment Shooters Find They Don’t Need Stock Agencies

By Jim Pickerell | 636 Words | Posted 11/30/2017 | Comments
Given the low prices, royalty cuts and delayed payments, experienced entertainment shooter are finding they no longer need stock agencies – particularly microstock agencies. When a photographer shoots red carpet or other entertainment events all sales pretty much come the next morning, or not at all. Red carpet event photos have a VERY SHORT shelf life. The trick is getting your photos on the editor’s desk the next morning.

RF, RM And Model Releases

By Jim Pickerell | 996 Words | Posted 11/27/2017 | Comments
“Must all Royalty Free photos be model released?” This question came from a stock agent who is considering converting his collection from RM to RF. The answer is NO. An increasing number of images are being offered under a Royalty Free License for Editorial Use Only. What the Editorial Use Only means is that “we don’t have a model release for this image,” and thus it can not be used for commercial purposes.

Adobe: Visual Trends For 2018

By Jim Pickerell | 153 Words | Posted 11/21/2017 | Comments
Adobe has identified six visual design trends for 2018. They are: Silence and Solitude; The fluid self; Multilocalism; Creative Reality; History and Memory and Touch and Tactility. In each of these areas they have created a gallery of Adobe Stock Photos that illustrate the concepts.

Is Shutterstock Benefiting Editorial Photographers?

By Jim Pickerell | 720 Words | Posted 11/20/2017 | Comments
The market for editorial stock photos is quite different from the commercial market. Shutterstock may be having a difficult time adapting. In January 2015 Shutterstock purchased Rex Features for $33 million. At the time it was believed that Rex’s gross 2014 revenue was about $7 million.

Is SilverHub Media Closing After Less Than Two Years? SEE CORRECTION

By Jim Pickerell | 236 Words | Posted 11/17/2017 | Comments
SilverHub Media is an editorial agency launched in 2016 by long time Getty senior executive Nick Evans-Lomb and Adrian Murrell. On 11/14/2017 Companies House in the UK announced that SilverHub Media will be dissolved within 2 months “unless cause is shown to the contrary.” Rumors have it that SilverHub is saying this was an administrative error.

Michael Jay’s Perspective On EyeEm As A Market

By Jim Pickerell | 272 Words | Posted 11/14/2017 | Comments
Last week I wrote about the Top Suppliers to Getty Image and pointed out that EyeEm has significantly more images in the collection than any other agency supplier.

123RF’s New Idea: Ask Users For Donations

By Jim Pickerell | 524 Words | Posted 11/13/2017 | Comments
Contributors to 123RF recently received a request from Eric, who heads the team that secures content for 123RF. He asked them to make their footage available to users via a Creative Commons Zero (CC0) license. The theory behind this strategy seems to be that some users may be so thankful for your footage and images that they will send you a “donation” to show their appreciation. Of course, they are not “required or obligated” to donate.

Top Suppliers To Getty Images

By Jim Pickerell | 1545 Words | Posted 11/10/2017 | Comments
It was recently called to my attention that EyeEm has 3,494,298 images in the Getty Images collection. Add to that the 2,755,731 in the Moment collection (from Flickr photographers) and these two collections represent 29% of the combined RM and RF collections currently on Gettyimages.com, and 41% of the RF collection alone. I thought it might be interesting to take a look at the current number of images each brand has at Getty.

Are Getty’s Top Suppliers Providing What Customers Need?

By Jim Pickerell | 1972 Words | Posted 11/10/2017 | Comments
One of the interesting questions raised by the chart in the previous story and the chart below is the annual revenue each collection might possibly generate. Certain specialized collections may have provided very few images and thus generate much less than the larger collections. However, by using the attached chart brand owners may be able to get a senses of whether their images are selling as well as those of their competitors.

Getty Images Revenue

By Jim Pickerell | 514 Words | Posted 11/8/2017 | Comments
Moody’s Investor Service reports that total Getty Images revenue for the twelve months ended 30 September 2017 was $836.8 million.

Joomag Customers Get iStock Images For $2.99

By Jim Pickerell | 509 Words | Posted 11/6/2017 | Comments
iStock has done a deal with Joomag that allowed Joomag users to purchase as few, or as many, images a month as they would like to use for $2.99 each. Joomag provides a graphic design service to over “500,000 businesses across all sectors” that allows customers to create digital newsletters, magazines, catalogs, brochures, ebooks and more and deliver these products either online or in printed form.

Alamy Trends Since 2008

By Jim Pickerell | 713 Words | Posted 11/2/2017 | Comments
Alamy had a very good year in 2016 with total turnover up 31% to 19,185,668 £ compared to 14,627,376 £ in 2015. However, much of that percentage growth was due to strong sales in the U.S. and a declining exchange rate in the pound compared to other currencies. Based on the U.S. dollar rate at the end of each year the total turnover 2016 was $23,675,114 compared to $21,569,529 for 2015.