Video/Motion

Shutterstock Q3 2020 Financial Results

By Jim Pickerell | 990 Words | Posted 10/27/2020 | Comments
Shutterstock has reported Q3 2020 revenue of $165.2 million up 4% compared to $159.1 million in Q2 2019 and down from $159.2 million the previous quarter. Revenue per download was $3.79 per-image compared to $3.40 in Q3 2019 and $3.61 the previous quarter. Total image and video downloads for Q3 were 43.4 million compared to 46.3 million a year earlier and down from 44 million from the previous quarter. At the end of the quarter Shutterstock had over 350 million images and 20 million video clips in its collection, for a total of 370 million pieces of content.

Shutterstock Expands Service With Editorial Video

By Jim Pickerell | 460 Words | Posted 10/19/2020 | Comments
Shutterstock, Inc. has announced the addition of Editorial Video, a new premium, full-service editorial video offering that is now available for license. Critical Past, Celebrity Footage and Viral Hog are just a few of the new partners who will distribute their engaging video content worldwide through Shutterstock’s Editorial Video. In addition, current partners’ epa and London Entertainment will begin providing high-quality video via the new service.

Webinar Discusses Monetizing Footage Archives

By Jim Pickerell | 179 Words | Posted 7/21/2020 | Comments
Covid-19 has required everyone to re-think their business model and how they communicate with interested parties. Among the questions that footage professionals have are: How have they adapted to the exigencies of remote work? Is demand for archival content holding up? What can media companies do to fully unlock the commercial potential of their archival collections, and which technologies show the most promise in this evolution? See the webinar.

Still Images Or Video

By Jim Pickerell | 518 Words | Posted 7/15/2020 | Comments
If photographers are serious about trying to earn a portion of their living from photography they should probably focus on producing video rather than still images. Or maybe when they organize a video shoot also shoot some still images of the same situations. Recently, I was talking to Cameron Gough of Envato in Australia. He pointed out that the majority of the company’s earnings come from graphic related content and only about 10% to 20% of downloads are of still stock images. He also noted that video footage was the second highest type of content in demand without giving a percentage.

Licensing Stock Footage

By Jim Pickerell | 291 Words | Posted 6/18/2020 | Comments
Recently, I was asked to provide a list of some of the best agencies that license footage. I provided the following list and recommended that the videographer try to put the same clips with multiple agencies, non-exclusively, in order to maximize sales.  Pond5, Shutterstock, AdobeStock, iStock, Dissolve and Storyblocks.

Footage Industry Pandemic Impact Survey Report

By Jim Pickerell | 516 Words | Posted 4/24/2020 | Comments
Footage.net has published the results of the Footage Industry Pandemic Industry Survey, which captures a real-time snapshot of how footage companies are responding to the pandemic-related disruptions that began to take hold worldwide in early March.

Shutterstock Footage Library Available for Mobile Users 

By Jim Pickerell | 271 Words | Posted 4/1/2020 | Comments
Shutterstock, Inc. has announced that its footage offering is now available for license in SD, HD, and 4K for customers using iOS and Android applications. With over 17 million videos in the collection, searching, saving and licensing footage content allows customers to create engaging video content from a mobile or tablet device.

CreativeMarketplace New York 2020

By Jim Pickerell | 353 Words | Posted 1/23/2020 | Comments
In 2019 among the most successful creative industry events in New York were footageMarketplace and imageMarketplace. This year these two events have been combined and renamed creativeMarketplace New York 2020. The event will be returning on April 1, 2020 to the Midtown Loft at 267 Fifth Avenue (29th St & 5th Av.) in New York City and will be open from 9:30am to 7:00pm.

Shutterstock Offers Unlimited Music Subscription

By Jim Pickerell | 280 Words | Posted 11/18/2019 | Comments
Shutterstock, Inc. has announced the launch of an unlimited monthly subscription for Shutterstock Music. The new plan is geared toward digital content creators, including YouTubers, podcast producers, and social media managers, offering a cost-efficient solution to licensing unlimited high-quality tracks at $149 per month.

Shutterstock Launches Reverse Image Search For Video

By Jim Pickerell | 361 Words | Posted 10/3/2019 | Comments
Shutterstock’s ongoing efforts to make the creative life of its customers easier continues with the launch of reverse image search for video. This new feature makes it faster than ever to find exactly the right video clip in Shutterstock’s footage library.

Storyblocks To Close Marketplace

By Jim Pickerell | 198 Words | Posted 8/13/2019 | Comments
Storyblocks will be closing the Marketplace segment of its business on September 10th and moving back to a subscription only offering. Contributors who have outstanding payouts will receive those payments sometime after September 10th even if the amount owed has not met the minimum payout requirement.

Shutterstock Elements Offers Cinema-Grade Video Effects

By Jim Pickerell | 381 Words | Posted 7/17/2019 | Comments
Shutterstock, has announced its new footage offering—Shutterstock Elements. Over 3,000 elements captured on cinema-grade cameras and lenses have been added to the site, including transitions, lens flares, VFX (visual effects), video kits, film overlays, HUD (head-up display) and UI (user interface) elements. Compatible with all major video editing programs, Elements also includes detailed tutorials on how to optimize effects.

PicRights Adds Partner In South Africa

By Jim Pickerell | 305 Words | Posted 6/4/2019 | Comments
PicRights, a global leader in copyright enforcement, has added a new partner in Johannesburg, South Africa to monetize copyright infringements for the world’s leading news agencies, stock image agencies and independent photographers. No other copyright compliance service offers its clients as much geographical coverage of key markets around the world.

Microstock – The Dark Side Of Image Licensing

By Martin Lisius | 744 Words | Posted 6/3/2019 | Comments
There are often two sides to an industry. The side the customer sees, and the "inside" that industry people see. This article is about the inside of the stock image industry and how Microstock has changed. It also offers photographers and videographers some ideas how to deal with the issues.

Seminar On Improving Video Content Discoverability

By Jim Pickerell | 210 Words | Posted 5/6/2019 | Comments
On May 9, 2019 Mark Milstein will be offering a seminar in New York on Time-based Metadata: The Key to Video Discoverability and Content Immortality. The presentation will be at B&H Photo.  Click here to register. You can also watch online.

Image Creators Need Better Sales Information

By Jim Pickerell | 865 Words | Posted 2/27/2019 | Comments
Image creators need better information about the kind of content that is selling. Are customers looking at higher priced content? Can creators earn more money if their images are in a collection like Offset where images are licensed for much higher prices? Should creators produce more stills? Should they buy new equipment and start shooting video that sells for higher prices? Shutterstock’s quarterly reports to investors aren’t very helpful in this regard.

Shutterstock 2018 Financial Results

By Jim Pickerell | 1218 Words | Posted 2/26/2019 | Comments
Shutterstock has reported Q4 2018 revenue of $162.1 million up $6.7% compared to Q4 2017. (The comparison excludes the 2017 revenue from Webdam which was divested in Q1 2018.) The revenue was also up $9.5 million from Q3 2018. Revenue per download averaged $3.40 per image, compared to $3.33 in Q4 2017. (Much of this growth is probably due to increased sales of video content offered at much higher prices than still image content.)

Pond5 Launching Web Resolution

By Jim Pickerell | 587 Words | Posted 12/11/2018 | Comments
Pond5 has launched a new Web resolution in an effort to grow the use of their clips in the social-media space. The price defaults to 20% of the contributors 4K master price (or 40% of HD price if it’s a native HD file). Contributors will be able to adjust this percentage in their account preferences or on the clip edit item page.

Shutterstock Select Footage Clips

By Jim Pickerell | 367 Words | Posted 12/3/2018 | Comments
Shutterstock has announced Shutterstock Select, a premium tier of royalty-free video content. The diverse collection of video clips includes exclusive content with everything from everyday moments to blockbuster action scenes, all captured by industry professionals using cinema-grade cameras and selected by our expert curators.

Shutterstock Launches Workflow Extension for Final Cut Pro X

By Jim Pickerell | 317 Words | Posted 11/25/2018 | Comments
Shutterstock has announced a new content integration within Final Cut Pro X. The Shutterstock extension is the only stock footage extension to be integrated with the release of Final Cut Pro X and will enable seamless access to video, still image and music collections.

Storyblocks Most Popular Landmarks

By Jim Pickerell | 386 Words | Posted 11/2/2018 | Comments
Storyblocks has analyzed a total of 60 million searches on its site in 2018 to find the 50 most popular landmarks featured in creative works.

Shooting Down Private Drones

By Jim Pickerell | 319 Words | Posted 10/22/2018 | Comments
The U.S. Senate has passed the FAA Reauthorization Act that will give authorities permission to shoot down private drones that are determined to be “threats.” The proposed law has sparked an outcry from civil liberties organizations.

ACSIL Announces CLEAR Panel For Meet-Up

By Jim Pickerell | 938 Words | Posted 10/16/2018 | Comments
ACSIL, Association of Commercial Stock Footage Licensors, has provided more information about the ACSIL and CLEAR panalists for its West Coast Footage Meet-Up in Los Angeles on Saturday, October 20, 2018 from 2pm to 7pm. The event will be held at Getty Images, Los Angeles, 6300 Wilshire Blvd, 16th Floor. For more about Meet-Up see here. Attendance for footage buyers is free.

Getty Video Producers: Get Ready For Some Low Royalties

By Jim Pickerell | 479 Words | Posted 9/26/2018 | Comments
Getty Images has just done a deal with www.animoto.com to provide unlimited video clips to Animoto video producers. Animoto says, “Now when you create marketing videos in Animoto, you'll have unlimited access to our stunning collection of stock photos and video clips at no extra cost beyond your subscription.”

Storyblocks Changes Marketplace Commission Structure

By Jim Pickerell | 496 Words | Posted 9/14/2018 | Comments
In an effort to drive more Marketplace sales Storyblocks has lowered its commission to 50%. When the company (then known as Videoblocks) launched its Marketplace offering in 2015 the company offered still images and video clips at dramatically, discounted prices compared to its competitors. However, they paid creators 100% of the money received from the licensing of their work. As a result creators ended up earning more for each image licensed than they would if the image was licensed by one of the other stock agencies that paid royalties that were a small percentage of the total license fee.