There probably is no typical iStockphoto user or supplier, but looking at the experiences of one early adopter may be helpful. Doug Nelson
is a graphic designer who joined iStockphoto in July 2003. He is both a buyer and a seller of pictures. He uses about 25 images a month mostly on web design projects.
Alamy added 711,939 new images to its site in Q2 2006, a drop in supply from the previous quarter, and ended the quarter with almost 6 million images in its database. The average price of an RF image was $226 and the average price for RM images dropped for the fourth straight quarter to $151.
Getty Images reported record revenue for Q2 2006 of $204.8 million compared to $185.3 million for Q2 2005, but did not meet analysts expectations. Despite revenue growth in every region and every product line, the market drove the stock down to $45.12, an 18% drop, by the end of the first business day after the announcement. This is the lowest the stock has been since December 2003.
This edition includes: More On Footage from Phil Bates of Artbeat; Jupiter Launches Micropayment Site in Japan; Getty Gets Creative In Going After Jupiter's Customers; Online Ad Spending Up; NBC Universal To Use Digital Railroad For Image Distribution; and $0.25 Downloads Add Up???
Can any photographer make money selling pictures for $1.00 each? The answer is a qualified yes. This story provides some surprising statistics from some of the top producers. It also points out how micro payments is working for some photographers depending on their expectations.
PACA Has released its Metadata Standards version 1.0 and the entire document is available in pdf.
This "PACA Distrubtor" XMP panel will power the consistent entry of embedded text about a picture's distributor, model releases, etc. into image headers which are viewable in Photoshop's File Info screens.
This story examines statistics relative to the Footage Market and explores the likelihood of it becoming a major opportunity for stock photographers in the near future.
This edition contains stories on: Alamy Testing Improved Search Engine; Stock Artists Alliance Delivers a "Metadata Manifesto";
PACA Membership Directory in Print; Shutterstock Hits 850,000 Images; Corbis Outline Team Signs 8 New Portraiture Photographers; a21 subsidiary ArtSelect enters Into Joint Marketing Agreement with Redcats U.S.A.; Picturehouse Announces Date for New York 2006
This issue contains the following stories: Reflections on CEPIC; The Rise Of Crowdsourcing; JupiterMedia Q1 2006 Results; Alamy Reports Growth In Supply; Getty Acquires Italian Agent; Jupiter Buys Workbookstock; ImageState Splits Up; A21 Raises Necessary Capital; A21 Acquires Artselect; Upheaval At Superstock; Alamy Adds Metdata; Transtock's New Licensing Model; Photo Subscription Services; Dark Matter; Corbis Appoints New CCO