latest in Editorials

The Stock Artists Alliance publishes Orphan Works 2008 Commentary

Little Orphan Works Annie 2008Orphan Works is back. Last month, the U.S. Congress held Hearings, making clear that the wheels were again in motion. Last week, it became official when new versions of the Orphan Works Act of 2008 were introduced by both the House and Senate. SAA has published this document to provide an information resource for artists and other members of the visual arts community who will be affected by this legislation, sharing our perspective as the only association dedicated to the interests of professional photographers involved in stock image licensing.

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Val Gelineau outlines business plan for stock photographers

Val Gelineau's business plan for stock photographersVal Gelineau, co-founder of the stock image subscription service PhotoSpin, offered advice last week to photographers in these ever changing and ever challenging times.  Upon further contemplation of the issues, Val offers more concrete advice and an intriguing business plan for photographers:

After giving the question "With all due respect, tell us something we don’t know?" some more thought, I wanted to lay additional groundwork for not only surviving rough economic times, but excelling in this new changing market as well. I offer this with one condition: Don’t kill the messenger!

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Another take on the business: Val Gelineau Co-Founder of Photospin

Val Gelineau Founder of Photospin looks into the crystal ballJack Hollingsworth’s comments, posted in this space a couple of days ago, provoked a number of comments.    Val Gelineau, co-founder of the stock image subscription site, Photospin, offered his take on the challenges photographers face in today’s market.  We thought Val’s advice worthy of posting here, where more of our readers are likely to see them.

In response to one reader, Tim McGuire, who commented, "With all due respect, tell us something we don’t know," Val writes:

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In his own words: Jack Hollingsworth on the future of the stock photo industry

Jack Hollingsworth speaks of the future of the stock photo industryRecently asked to give his opinion about the future of stock photography, Jack Hollingsworth offered the following thoughts which we gladly share with our readers.  For those who don’t know him, Jack has a long history as a successful stock photographer, creative director and founding partner in several stock photo production companies.  We encourage and welcome our readers’ comments on what Jack has to say. "the traditional stock photography model of doing business, as we know it, is on the verge of extinction..."

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Editorial: Slicing and dicing the numbers at Alamy

Slicing and Dicing the Numbers at AlamyFor several years, Alamy has published a fascinating set of quarterly statistics about the growth and composition of its archive and percentage break-downs of sales components.  Details provided in the quarterly reports include numbers of new RF and RM images added to the archive, numbers of images contributed by photographers vs. agencies, average license fees for RM and RF images, and percentages of revenue derived from RM vs. RF licenses.  The company’s decision in the third quarter of last year to also make public its actual revenue figures provides an opportunity to analyze its performance in a deeper way and raise questions about the trajectory the combined figures imply.

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Editorial: Pure speculation on the sale of Getty Images

Pondering the meaning of life and the sale of Getty ImagesSince the news broke earlier this week about Getty hiring Goldman Sachs to explore “strategic alternatives to enhance shareholder value,” many colleagues and friends in the industry have asked what it all means.  In response, I offer the following with the caveat that while the comments all make perfect sense (to me, at least,) much of what follows is pure speculation:

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Editorial: Christina Vaughan sees the glass half full

Christina Vaughan of Image Source sees the glass half fullOver the holidays, we reported that Image Source (IS) had entered the mid-stock market through collaboration with the micro-stock company Fotolia.  In the course of correspondence with Image Source about the issue, CEO Christina Vaughan sent the following letter in which she offers cause for optimism in an industry where much of the recent news has had a decidedly pessimistic slant.  Ms. Vaughan kindly agreed to have the letter published here in our editorial column.

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The Year 2007 in Review

2007 Year in Review for the stock photography industryLooking back at 2007 in the stock photo industry, several interesting stories come to the fore.  The year started with a bang when news leaked about a possible acquisition of Jupiter by Getty.  That deal never happened, but several other high-profile acquisitions did take place last year, from Getty’s acquisitions of WireImage, Punchstock and Pump Audio to the purchase of Veer by Corbis.  Jupiter took a break from the stock photo business buying spree of previous years but remained busy developing its events and on-line media segments which included the launch of several new trade shows and the acquisition of MediaBistro.

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Editorial: photolibrary deserves better

photolibrary is struggling to pay contributors after acquiring Index Stock Imagery

In a complete and concisely worded release, photolibrary answered its critics over its handling of back commissions owed to Index Stock photographers for periods previous to photolibrary’s acquisition of Index in October of 2006.  To this writer, the explanations given by Tim Moore, photolibrary’s CEO, demonstrate the company has acted in good faith and continues to do so.  Those still inclined to suspect photolibrary of being less than forthright with the Index contributors would do well to consider the following:

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Editorial: there’s gold in them thar $49 images, (we hope!)

Getty is looking for gold with its $49 web pricingGetty’s decision to launch a new $49 web-use product earlier this month caused many of us in the industry to scratch our heads.  A group of photographer associations articulated the reasons for concern over the move in a letter of protest to Getty CEO Jonathan Klein.  The letter outlines what the photographer groups perceive as the negative implications of the product: the loss of high-value digital license revenue, devaluation of RM licensing, erosion of prices across the board, reduced return for photographers, and reduced recovery value for unauthorized usage.  Nick Evans-Lombe, Getty’s EVP of Imagery, Products and Services gives us the company’s first public response to the criticism in a letter posted on Getty’s contributors site.  That letter provides some insight into Getty’s thinking on the matter while still leaving important questions unanswered.

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archived in Editorials

Editorial: Microstock in Context

Editorial: The real villain is oversupply, not micro-stock

Special Mention: workshop for shooters who like good food

Interview with iStockphoto Founder and CEO Bruce Livingstone

LIFE Magazine about to fold

A brief chat with stock photography veteran Ron Chapple

Survey reveals royalty-free photos not popular with editorial buyers

iStock models become “friends” for rent on MySpace.com

Take photos, not a beating

Report from North American Nature Photographers Association conference

Will mobile phone cameras turn all of us into papparazzi?

India’s stock photo industry gearing up

Micro-stock facts and figures from Fotolia

Editorial: Wall Street Journal and Today Show get the story wrong

2007 predictions for the stock photography industry

Editorial: Scary math – A closer look at Micro-Stock numbers

Musings from PACA’s 2006 International Conference in Key West

The future of a traditional stock agency is in its own hands

The storm before the calm

Editorial: Micro payment agencies - A force for good or evil?

The three giants: stock photography consolidation

Microstock and the rise of the crowd

Editorial: iStockphoto acquired by Getty Images

Editorial: The evolution of the stock photo industry

flickr retrievr and visual search tools

More end of the year promotions

BrandX offers 10-20% discount on CD’s

Corbis offers 25% coupon code for RF images

Getty offers 20% coupon code to buyers in Asia Pacific

Threadless made my day

Veer understands the creative mind

Welcome to the planet!

Jupiter opens the gate with JupiterImages Unlimited

Value of a Professional Photographer

We are not evil

iStockPhoto

Does Kodak have what it takes?

Your Assignment: Trades People

Getty And Wal-Mart Are Soul-Mates!

It’s all about the image!

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