Getty Images Collections

Posted on 6/19/2018 by Jim Pickerell | Printable Version | Comments (3)

I have searched each of the different RM and RF collections on the Creative section of www.GettyImages.com to determine the number of images in each collection. Collection sizes vary greatly from EyeEm with 4,558,201 RF images to Silkroad Images, PictureIndia, Chic Sketch and Corbis Historical, all with fewer than 200 images each.

Currently Getty Images has 23,922,471 images in its Creative Collection divided among 195 different brands and companies. Seventy-three percent of the images in the collection are RF for a total of 17,316,741. There are 6,605,730 RM images representing 27% of the total collection. The percentage of RM continues to decline.

About 54% of total images are either wholly owned by Getty, or included in collections where Getty pays royalties directly to the contributors.



The other 46% of images have been supplied by stock agencies or production companies. In these cases, Getty pays a percentage of the gross license fee to the agency and the agency pays a percentage of what it receives to the image creator.  

I believe the combined gross revenue from the Creative Collection (both RF and RF) for the last four quarters was about $280 million Thus, when we divide that number by 23,922,471 the average gross annual revenue Getty receives per-image in its collection is about $11.70.



Some RM photographers receive 40% of that $11.70 or an average of about $4.68 per-image in the collection. The majority of RF contributors receive 20% or $2.34 per-image.

Return Per Image In The Collection


Image creators or agencies may be able to use these numbers to compare their annual earnings with those of the average image creator or agency. Given that the average image currently earns $11.70 for Getty simply multiply that number by the total images you have in the collection to determine Getty’s average earning from your images. Then multiply your royalty percentage by that result.



For example, if you have 2,000 images in the collection times $11.70 then Getty’s average annual earnings from your images is $23,400. If you are receiving a 20% royalty then the average photographer would earn $4,680 annually from Getty sales. If your results are higher than the average then you are probably photographing the right subject matter. If your average is lower then there is probably less demand for the subjects you have been photographing.

Return Per Image Licensed


I also estimate, based on sales reports I have examined from some of Getty’s major contributors, that Getty licenses rights to somewhere in the neighborhood of 4,500,000 images annually. Thus, the average gross license fee to Getty would be about $62.22. If you receive a 20% royalty, then the average gross revenue to you would be $12.44 per image licensed. I estimate Getty licenses about 1 images annually for every 5.3 images in its collection. That would mean that at least 82% of the images in the collection are never licensed during the year. But since many of the images that are licensed are often licensed by multiple different customers the number of unique images that are never licensed is much higher than 82%.

It is interesting to note that back in 2006 when Getty had a collection that was much more tightly edited than is the case today. They had a total of 1,767,214 RM and RF images in their Creative Collection. That year they licensed 1,661,696 separate uses for an average return per image licensed of $381.59.

Chart


The chart below shows the collection name, the number of RF and RM images for each collection along with the combined total of RF + RM. In the final two columns I separated out the Getty owned brands from the other agencies that distribute their work through Getty.

  RF RM RF + RM   Getty Agencies
          Owned  
360cities.net   4,058 4,058     4,058
ABSODELS 15,861 4,562 20,423     20,423
AFP Creative 52,101 3,786 55,887     55,887
age fotostock   112,895 112,895     112,895
All Canada Photos   107,363 107,363     107,363
Alloy 52,101   52,101   52,101  
Allsport Concepts   2,584 2,584   2,584  
Altrendo   2,330 2,330     2,330
amana images 147,733 78,199 225,932     225,932
America 24-7   1,847 1,847     1,847
arabianEye 5,244 47,552 52,796     52,796
Arcaid Images   29,423 29,423     29,423
Archive Photos   38,713 38,713   38,713  
Art Images   1,150 1,150     1,150
ArtBox Images RF 4,572   4,572   4,572  
Asia Images   8,032 8,032     8,032
Asia Selects 10,508   10,508     10,508
AsiaPix 24,108   24,108     24,108
Aurora   40,326 40,326     40,326
Aurora Open 28,805   28,805     28,805
AWL Images   142,878 142,878     142,878
Axiom Photographic Agency   19,383 19,383     19,383
Best View Stock 30,951   30,951     30,951
Bettmann   3,434 3,434   3,434  
beyond fotomedia 10,431   10,431     10,431
Biosphoto   39,809 39,809     39,809
Blend Images 197,431 3,265 200,696     200,696
Bloomberg Creative Photos 3,563   3,563     3,563
BLOOMimage 39,507   39,507     39,507
blue jean images 48,145   48,145     48,145
Brand X Pictures 36,981   36,981   36,981  
Caiaimage 35,594   35,594     35,594
Canopy   56,320 56,320   56,320  
Car Culture ® Collection   9,860 9,860     9,860
Cavan 93,364   93,364     93,364
CGIBackgrounds   5,336 5,336     5,336
Chic Sketch 119   ,119     119
China Span   10,657 10,657     10,657
Collection Mix: Subjects 85,032 7,218 92,250     92,250
Conde Nast Collection   1,344 1,344     1,344
Corbis 335,764 234,006 569,770   569,770  
Corbis Unreleased 6,826   6,826   6,826  
Corbis Documentary   600,766 600,766   600,766  
Corbis Historical   7 7   7  
CSA Images 28,580   28,580     28,580
Cultura 202,988 27,629 230,617     230,617
Da Vinci Codex Atlanticus   2,238 2,238     2,238
De Agostini Picture Library   314,261 314,261     314,261
Design Pics 73,825   73,825     73,825
Dex Image 16,994   16,994     16,994
DigitalVision 197,231   197,231   197,231  
DigitalVision Vectors 1,065,823   1,065,823   1,065,823  
DisabilityImages 11,100   11,100     11,100
Discovery Channel Images   4,387 4,387     4,387
Dorling Kindersley 20,044 79,749 99,793     99,793
E+ 2,450,306   2,450,306   2,450,306  
Evok Images 843   ,843     843
EyeEm 4,542,663   4,542,663     4,542,663
EyeEm Premium 14,538   14,538     14,538
F1online 9,338 11,542 20,880     20,880
First Light   60,655 60,655     60,655
foap 111,772   111,772     111,772
Folio Images 17,026 4,048 21,074     21,074
Foodcollection 63,416   63,416     63,416
Fotosearch 92,216   92,216     92,216
Fototrove   1,110 1,110     1,110
fStop 46,312   46,312     46,312
Fuse 4,259   4,259   4,259  
Gallo Images   183,113 183,113     183,113
Gallo Images ROOTS RF collection 38,094   38,094     38,094
GeoNova Maps 1,154   1,154     1,154
Glow   26,972 26,972     26,972
Glowimages 49,042   49,042     49,042
Gulfimages 5,788   5,788     5,788
hemis.fr   72,350 72,350     72,350
Hero Images 56,828   56,828     56,828
HEX 4,681   4,681     4,681
Historic Map Works   42,074 42,074     42,074
Hola Images 6,888 1,741 8,629   8,629  
Hoxton 3,983  
3,983     3,983
Hulton Archive   44,456 44,456   44,456  
Iconica   40,064 40,064   40,064  
Ikon Images   14,461 14,461     14,461
Image Source 122,653   122,653     122,653
imageBROKER 129,797 70,198 199,995     199,995
Imagemore 27,246   27,246     27,246
imagenavi 70,831   70,831     70,831
Images Bazaar   13,014 13,014     13,014
Imagewerks Japan 9,322   9,322     9,322
Imagezoo 21,778 1,961 23,739     23,739
ImaZinS 8,582 2,126 10,708     10,708
IndiaPicture 28,017   28,017     28,017
Ingram Publishing 9,514   9,514     9,514
Inmagineasia 9,275   9,275     9,275
iStock Unreleased 309,706   309,706   309,706  
Ivary 7,231   7,231   7,231  
IZA Stock 6,348   6,348     6,348
Johner Images   2,459 2,459     2,459
Johner Images Royalty-Free 76,517   76,517     76,517
Juice Images 72,995   72,995     72,995
LatinContent 136 595 731     731
Lonely Planet Images   804,970 804,970   804,970  
LOOK   67,656 67,656     67,656
Loop Images 2,673   2,673     2,673
Luxy 9,484   9,484   9,484  
Maskot 32,203   32,203     32,203
MedicalRF.com 11,901   11,901     11,901
MILATAS 9,047   9,047     9,047
Minden Pictures  
123,160 123,160     123,160
Mint Images   4,420 4,420     4,420
Mint Images RF 27,760   27,760     27,760
MITO images 2,913   2,913     2,913
MIXA 36,922   36,922     36,922
Moment 1,539,729 185,944 1,725,673   1,725,673  
Moment Mobile 45,749   45,749   45,749  
Moment Open 1,354,911   1,354,911   1,354,911  
Moment Select   12,946 12,946   12,946  
Moment Unreleased 159,222 632 159,854   159,854  
Mondadori Portfolio   11,375 11,375     11,375
National Geographic 65,290 132,051 197,341     197,341
National Geographic Magazines   58,240 58,240     58,240
Nativestock   1,458 1,458     1,458
Nature Picture Library   16,038 16,038     16,038
Nordic Photos   5,955 5,955     5,955
OJO Images 53,076   53,076   53,076  
OJO+ 3,865   3,865   3,865  
ONOKY 25,569   25,569     25,569
Oxford Scientific   60,876 60,876     60,876
Panoramic Images   55,471 55,471     55,471
Passage   46,285 46,285     46,285
Passage Unreleased 4,548   4,548     4,548
Perspectives   110,093 110,093     110,093
PhotoAlto Agency RF Collections 85,196   85,196     85,196
Photodisc 680,492   680,492   680,492  
Photographer's Choice   259,157 259,157   259,157  
Photographer's Choice RF 203,838   203,838   203,838  
Photononstop 8,501 58,172 66,673     66,673
Photolibrary   526,003 526,003   526,003  
Photonica   18,594 18,594   18,594  
Photonica World   11,579 11,579   11,579  
photosindia 34,096   34,096     34,096
Picture Press   50,021 50,021     50,021
PictureIndia 121   121     121
Pixta 718   718     718
Popperfoto   2,298 2,298     2,298
Publisher Mix 11,113   11,113     11,113
Purestock 33,022   33,022     33,022
Radius Images 33,707   33,707     33,707
redchopsticks 10,353   10,353     10,353
Refinery29 157 1,013 1,170     1,170
Retrofile   2,363 2,363   2,363  
Retrofile RF 12,485   12,485     12,485
Riser   1,918 1,918     1,918
robertharding   101,924 101,924     101,924
RooM 43,287 1,794 45,081     45,081
Rubberball Production 35,324   35,324   35,324  
SambaPhoto   6,932 6,932     6,932
Science Faction   21,260 21,260     21,260
Science Photo Library 81,207 9,246 90,453     90,453
Science Source   98,698 98,698     98,698
Score by Aflo 34,340   34,340     34,340
Silkroad images 163   163     163
Sino Images 47,092   47,092     47,092
Snapwi.re 777   777     777
Stock4B   23,673 23,673     23,673
STOCK4B-RF 12,642   12,642     12,642
Stockbyte 669,292   669,292   669,292  
Stockbyte Unreleased 20,355   20,355   20,355  
StockFood Creative   34,448 34,448     34,448
Stocktrek Images 26,509   26,509     26,509
Stone   80,304 80,304   80,304  
SuperStock   38,893 38,893     38,893
Taxi   64,107 64,107   64,107  
Taxi Japan   15,804 15,804   15,804  
Tetra images 94,828   94,828    
94,828
The Image Bank   530,822 530,822   530,822  
The LIFE Picture Collection   11,965 11,965     11,965
TongRo Images 49,690   49,690     49,690
Topic Images   31,365 31,365     31,365
UFO RF 4,890   4,890     4,890
Universal Images Group  
59,486 59,486     59,486
Untitled X-Ray   2,932 2,932     2,932
UpperCut Images 19,753 8,250 28,003     28,003
Vetta 59,167   59,167   59,167  
View Stock 51,204 5,995 57,199     57,199
VisitBritain   67,226 67,226     67,226
Visuals Unlimited   31,193 31,193     31,193
VStock 4,487   4,487     4,487
WaterFrame   39,994 39,994     39,994
Westend61 240,423 25,225 265,648     265,648
WIN-Initiative   19,352 19,352     19,352
XiXinXing 5,978   5,978     5,978
Yann Arthus-Bertrand   7,848 7,848     7,848
ZZVE Illustrations 6,251   6,251     6,251
       
     
  17,316,741 6,605,730 23,922,471   12,847,508 11,074,963


Copyright © 2018 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

Comments

  • Thomas Wear Posted Jun 19, 2018
    Hi Jim -- You say you "believe" the combined gross revenue from the Creative Collection (both RF and RF) for the last four quarters was about $280 million. Every other calculation in your article is based on that number, but where does that number come from? If a reader can't verify, or at least know the reliability of the source of a key number, how can he or she trust the rest of the conclusions?

  • Jim Pickerell Posted Jun 20, 2018
    It was reported that Getty’s total income for the 12 months ending September 2017 was $836.8 million. In the past Getty has said that about $500 million was the combined total for the Creative Collection and the Microstock Collection. About $75 million is for Footage and the Editorial Collection grosses between $225 and $250 million. The Microstock Collection which includes iStock and Thinkstock generates about $220 million. Thus, roughly $280 million is for the Creative Collection.

    It is my understanding the bond investors can get access to these breakdowns, but they are not reported to anyone else as far as I know. Assuming the $836.8 is accurate then $280 seems to be a reasonable ballpark.


  • Thomas Wear Posted Jun 25, 2018
    Thanks Jim. Trust but verify, as the saying goes.

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