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Articles from October 2015
Rumors were flying in New York last week that
Corbis may be sold. The rumors are that
Shutterstock is interested in purchasing Corbis. The consensus seems to be that Corbis’ gross revenue is in the range of $100 million down from $225 in the mid-2000s. It is believed that about half of the gross comes from editorial and the other half from creative. (These figures may not include the rights clearance part of Corbis’ business.)
I just returned from the annual “Photo Week” in New York – two days at
PhotoPlus Expo, two-and-a-half days at the
DMLA annual conference and one day at
Visual Connections. Here are a few take aways.
Nancy E. Wolff, Counsel for the Digital Media Licensing Association (
DMLA) has written a very clear and detailed explanation of Why and When image creators need releases that was recently published on the American Society of Picture Professional (
ASPP) website. Anyone planning to license pictures of people, and in some cases object and other property, should be familiar with this information. Read the article here:
http://aspp.com/the-law-releases-101-why-and-when-you-need-them/
Shutterstock's data team has identified the fastest growing colors over the past year by matching pixel data with image download behavior from our customers including brand marketers and creative professionals around the world.
The results of the Graphic Design USA annual stock survey are now available online.
Check
it out. Be sure to read the extensive comments of Graphic Designes that provide some important insights into what image creators should be producing, and stock agencies should be doing to provide better search ability of their collections.
Pearson has cut its full-year guidance to investors in a dire warning about the continuing "cyclical and policy-related factors which have been hurting our markets for some years." Its share price fell almost 17% to a value of $14.54 in New York. The company’s ADRs are now down 30.7% over the past six months.
Getty Images has announced the expansion of its
Lean In Collection to incorporate positive gender images in an effort to disassociate itself from stereotypical stock photography. The 1191 images are available at "Signature Collection" prices of three credits.
What amazes me is why all the smart people in the publishing world think they have to give away all their information when they put it on the Internet. In theory if you get enough “eyeballs” then you can sell more ads and the revenue from the ads will cover your costs and generate a profit. But, that theory is not working.
eMarketer forecasts that the total worldwide ad spend in 2015 will be $569.65 billion. Global digital ad spend will jump 18% compared with 2014 and reach $170.17 billion, or 29.9% of the total advertising market.
Newzulu has decided to focus its news collecting operation on video. They will continue to accept still images, but will limit the number of photos to 20 shots per submission.
A discussion of how image creation with mobile devices is changing stock photography and the photography business will be feature of the Digital Media Licensing Association (
DMLA) conference in New York on October 27th.
Masterfile is offering its customer a unique subscription plan to Crestock’s entire collection of 2.3 million photos, illustrations and vectors. Prices start at $50 a month to download 50 image with no daily download limits. For a one-year subscription commitment prices drop to as low as $37.42 a month to download up to 50 images per month.
Jacqueline Mahoney, an Associate with the McDermott Will & Emery law firm has reported that the U.S. Court of Appeals for the Ninth Circuit has reversed a district court decision and found that Minden Pictures, Inc. has the right to sue John Wiley & Sons, Inc. for the unauthorized use of stock images belonging to the photographers the agency represents.
After a long quiet period as a blogger, Yuri Arcurs has decided that it is time to
comment on Adobe Stock. Yuri is generally considered the most successful microstock photographer. For many years he was a strong advocate of non-exclusive representation, and placed his images with virtually every microstock distributor.
Using GPS data – both manually and automatically entered -- 500px has put together a selection of beautiful images from the
25 most photographed cities of the world. These images are worth enjoying.
As more and more information consumers all over the world turn to the Internet for Information print publications are losing money. They can’t earn enough from Internet advertising to cover their costs. Traditionally, revenue from advertising has covered 50% or more of the total costs of operating a publication.
Scott Braut, Head of Content at Adobe, is scheduled to be the keynote speaker at the Digital Media Licensing Association (DMLA) (formerly PACA)
annual meeting in New York on Monday October 26, 2015 at 9:00am. Single session passes for the keynote address only are available for $65. For more information, see
here under events. (Hint: you may need to expand your window.)
Shutterstock, Inc. and Red Bull Media House agree to market and license a remarkable video collection filmed at some of the most remote locations around the world. Customers of Shutterstock will have access to thousands of rare aerial, time-lapse, slow motion, adventure, wildlife and landscape footage, all with the simplicity of a royalty-free license.
At Adobe MAX 2015 in Los Angeles today Adobe outlined its vision for a "connected creative canvas" where people create and share their work from anywhere. More than 7,000 graphic designers and photographers attended.
In a world where everyone is a content creator, publisher and editor, who do consumers most trust, and what do they expect from the content they consume? A new study from Adobe of 2,000 US consumers addresses these questions and more, revealing some surprising shifts in the content landscape:
Have you been watching the ads lately when you do online searches? Yesterday, I was reading a news story on Yahoo about U.S. manufacturing and three different Adobe Creative Cloud ads were delivered in connection with that one story. Two of the ads included the “St” icon promoting Adobe Stock.
Stock footage provider Dissolve has launched its premium royalty-free stock photography collection. It includes over 200,000 photos hand-picked from some of the world’s most acclaimed photography agencies, bringing the number of stock elements Dissolve licenses to over 1 million.