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Articles from February 2020
Since June 2018, CEPIC has been actively collaborating closely with Google, and later with IPTC, and DMLA to find a way to make Google Image Search users aware that certain image found need to be licensed. On Wednesday February 26th at 3pm EST there will be an online Zoom meeting on Google Images Licensable Badge – Nuts & Bolts with Doug Dawirs, Senior Technical Adviser of the DMLA and hosted along with industry experts to explain, and gather input, on the upcoming UI,
Schema.org and IPTC changes. To register in advance for this meeting go here:
https://zoom.us/meeting/register/vpMucu-trDIu6pKIFcgRfuu5EPnVgsQlHQ
Shutterstock has reported Q4 2019 revenue of
$166.4 million up 3% compared to Q4 2018 and up from $157.42 million the previous quarter. Revenue per download averaged
$3.44 per image, up from $3.40 in Q4 2018. Total image and video downloads for Q4 were up to
47.7 million compared to 46.8 million a year earlier. At the end of the year Shutterstock had over 314 million images and 17 million video clips, for a total of
331 million pieces of content in its collection.
Alamy has been acquired by
PA Media Group a UK-based news and information business. Founded 20 years ago, Alamy has one of the world’s most diverse creative and editorial stock imagery collections, comprising almost 200 million photographs, vectors and 360-degree panoramic images sourced from a network of over 100,000 photographers and 650 picture agencies and archives. . The business has close to 100,000 customers in more than 150 countries, working across a range of sectors including publishing, design, advertising and broadcast.
Alamy may be the fifth largest company in the in the stock photo industry (after Getty Images, Shutterstock, Adobe Stock, and iStock) and has been doing reasonably well in a very sick industry. Alamy’s latest reported sales figures are for 2018 and can be found on the
Companies House website. on October 17, 2019. This report was recorded on October 17, 2019 and shows that Alamy had gross annual sales of £22.7 million ($29,305,500 ).
CORRECTION - Please re-read yesterday's story on
Future Demand For Photography. I made a serious math error in the original story. The situation for photographers is much worse than earlier reported.
Unsplash’s statistics page currently reports
70,263,886 downloads per month. The
combined monthly downloads of Shutterstock, Getty and Alamy only total about
16,433,333 downloads, or about 24% of Unsplash's monthly totals.
A reader asked recently, “Is it true that Unsplash is now getting more downloads than Getty, Shutterstock and Alamy combined?” According to
Unsplash’s statistics page they currently have
70,263,886 downloads per month. Based on Shutterstock’s last
quarterly report they have about 15,433,333 downloads monthly. Their downloads per quarter haven’t changed much quarter-to-quarter over the last two years so I think this number is a pretty good average and not really growing.
A key tool for professional photographers for more than 50 years will no longer be available to future photographers as DynaLite Inc. files for Chapter 7 bankruptcy (all assets will be sold off to pay creditors).
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This stock photography news site focuses on the business side of photography with a special emphasis on stock photography. Our goal is to help photographers maximize their earnings based on the quality of their work and the commitment they are prepared to make to the trade. The information provided will be applicable to part-timers as well as full time professional photographers. We’ll leave it to others to teach photographers how to take better pictures.
Jim Pickerell launched his career as a photographer in 1963. In 1990 he began publishing a regular newsletter on stock photography. In 1995 the information was made available online as well as in print and was gradually expanded to a daily service.
Click here for Pickerell's full biography.
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