The Mega Agency has signed a deal with American Media, Inc. (AMI), the leading publisher of celebrity journalism and health and fitness magazines in the United States, that makes it AMI’s premium content partner. Mega already globally syndicates exclusive content for AMI, which owns and operates the leading print and digital celebrity and active lifestyle media brands in the United States.
Lohian Networks a keywording agency in India reports that Paris based
Photononstop has not been paying its bills and may be in financial difficulty.
Rashi Jain, Project Coordinator for Lohian Networks reports that in 2016 his company keyworded 3788 images for Photononstop at a rate of $1.25 per image for a total cost of
$4,735.00. Invoices were sent in June and July 2016 via Photosindia in the U.S. Almost two years later these invoices have not been paid after repeated followup requests.
Olycom, a major Italian photographic agency headquartered in Milan and founded in 1958 by Walfrido Chiarini as Olimpia Fotocronache has filed for bankruptcy. Everything regarding debts is in the hands of a judge. LaPresse, the Italian multimedia news agency led by Marco Durante, has acquired the analog and digital libraries of Olycom including the Publifoto brand, the historical archives Olimpia and Olycom and related brands covering the whole of the twentieth century, with a collection of over 15 million images.
Last week, the European Parliament’s Committee on Legal Affairs approved amendments to the
EU’s Directive on Copyright in the Digital Single Market. EU’s Directive on Copyright in the Digital Single Market. Among the amendments approved was Article 13.
Scope Features in the UK has gone into voluntary liquidation with nearly £400,000 in unpaid debts and nearly £13,000 in royalties still owed photographers. According to its
statement of affairs filed at Companies House on 17 May, individual photographers are owed sums ranging from £30 to more than £2,000.
One has to wonder if Getty does any analysis of their Creative Collection in terms of what sells and what doesn’t. Clearly, as we
reported yesterday, the largest and fastest growing segment of the Getty collection is EyeEM with 4,558,201 RF images. Back in
August 2016 EyeEm had only recently started contributing to Getty Images and had 256,152 images in the collection. They have 17.79 times as many images now as in 2016. At that time Getty had a total of 16,687,710 images in the Creative Collection. That collection has grown 43% in size in two years, but nothing like EyeEm’s 1779% growth.
In this report 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.
Sources tell me that in an all-staff conference call on Wednesday, June 13, 2018, Nick Evans-Lombe and Adrian Murrell informed the
SilverHub.Media staff that the company would be going into administration, the UK version of bankruptcy protection.
Tom Zimberoff has written a very long and detailed story on
Distrupting Stock Photography which makes some strong points about how the industry got to where it is today. Toward the end of his report he outlines a new business model which he calls “Business Made Easy For Photographers.”
The U.S. Copyright Office is proposing changes to fees for copyright registration. The Office has issued a statement outlining the proposed changes in detail, but on average, fees will increase by as much as 41%. According to
the statement, the Office analyzed potential changes to fees and wants to ensure that they are “fair and equitable and give due consideration to the objectives of the copyright system,” as required by the statute.
More Free Articles
Other Recent Stories
Take a look at Jon Oringer’s $52 million home https://www.dailymail.co.uk/news/article-9562059/Billionaire-founder-Shutterstock-lists-oceanfront-Hamptons-home-52-million.html
in the Hamptons on Long...
Read More
The chart below allows you to easily track the growth trends of Shutterstock quarter-by-quarter over the last 11-years and see the number of images in the collection, number of downloads and the gros...
Read More
Shutterstock has reported Q4 2020 revenue of $180.9 million up 9% compared to $166.4 million in Q4 2019 and up from $165.2 million the previous quarter. Revenue per download was $3.91 per-image compa...
Read More
More from Microstock
With the decline in public sporting events due to Covid-19, and thus the need for photo coverage, many sports photographers have seen a significant decline in demand for their services. But media com...
Read More
After publishing our article “Getty’s RF ‘Market Freeze’: Expensive Customer Mess?" I received the following clarifying message from Matthew McKibben, Getty Images, PR Manager in The Americas. He sa...
Read More
I can remember when I was primarily an assignment photographer and occasionally sold outtakes from assignments on the side. Most of the income I needed to support my family came from assignments. Sto...
Read More
More from Macrostock
Stay Connected
Sign up to receive email notification when new stories are posted.
Follow Us
About This Site
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.
Top Categories