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The year has not been kind for the editorial space and as result, photo agencies have continued to suffer. The market continues to see  decreasing space rates along with print publications shutting down. Once the kingdom of Rights managed and exclusives, it is now a vast flat plain of yearly unlimited subscriptions and royalty free. Yet, Read More →

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Apparently, Getty Images is no longer in love with its entertainment division. Word in the street is that all the top executives of that branch, Vince Bannon, VP of Strategic Partnerships and Georges DeKeerle, Sr. Director EMEA have been given the pink slip. And there might be more.  The reasons are not clear. Some say that the celebrity division, Read More →

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Rumors have been rampant for a while. First Shutterstock was believed to be the buyer, a rumor quickly killed by no other than Jon Oringer himself during their last quarterly report. At the last DMLA conference, the target moved to China Visual Group and remained there. It is confirmed today: LOS ANGELES & BEIJING–(BUSINESS WIRE)–Corbis Read More →

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While there has never been so many photos taken and shared online, the world of professional photo licensing is not striving. In fact, most legacy companies have seen their revenue freeze or decline in the last decade, with rare exceptions.  While at first contradictory, a closer analysis reveals that part of the issue seems to be linked to Read More →

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The road to editorial supremacy is paved with many dangerous potholes and if Shutterstock wants to succeed in that space, it has to be ready to change the rules. The same way it has done with commercial stock. However, this time, the competition is ready and  up in arms. Surprise strategy will not work. Firepower, Read More →

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Erosion takes a long time. Memories not so much. There used to be two groups of photographers, the casual, memory grabbers and the pros. The memory grabbers pick up a camera for family occasions or social events in order to compensate for everyone’s poor memory. Unimportant is the image quality as long as the information Read More →

Money

North America woke up with the news that golden boy photo agency Shutterstock acquired no less than 2 companies in what seems as one swoop. One, in the music category, the other, in the photo licensing world. Obviously it is the latter that interests us here. Shutterstock’s announcement that it has acquired 60 years old Read More →

balloon

It’s never a good time to die. Never. But there are months that are worst than others. August is one of them, especially if you live in Western Europe. August is when everyone leaves on vacation and tunes off. Everyone and from everything. So if you pass away during August, there is a good chance Read More →

flame of freedom

          It was just a question of time. We have repeatedly wrote here about how the current photo licensing model is broken and obsolete . We also explained at full length how image data collection and third-party revenue are the new gold mine. Getty apparently heard and is now applying. (If Read More →

Oscar selfie

The most seen picture of last night’s Oscars was not neither taken by a DSLR, nor  by a professional photographer and was not published (at first) in any publication. It was a selfie taken on a Samsung Note 3 by an actor and published on Twitter. If anyone needed a confirmation of where photography is Read More →