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Archive for the transaction Category

The personal experience

Can the memory of a photograph be better then the image itself ? Do we tend to embellish what we have seen and liked ? Most probably so. The memory of a photograph contains , on top of the graphic visualization of the image, the sum of all the emotions and memories linked to it : The personal experience. It contains all the subjective association that we have made while looking at it, thus creating a highly personal layer that the original vision did not have. Thus, what we remember of a photograph we love is much better than the original. Are we disappointed when we see it again ? Most often not. Since it had triggered all these satisfying internal connection the first time around, it will do so again and again. Unless, if for some reason, when we had first looked at it, we misinterpreted it. Of rare occurrence, but it can happen when we are in a non typical heighten emotional state when we were first exposed to the photograph. Or our lives has taken us down a different path. A photograph you thought was great during your teenage years my not seem the same when you are a 50 years old . It can still, however, connect you back to comfortable memories. The memory of a photograph is always better than the original because of our personal input.

Thus, in pure logic, the more generic an image the better. It should serve a canvas for personal experience, right ? Well, absolutely not. because a generic image doesn’t trigger any emotions. It just stays blandly generic. in order to communicate to its viewers, a photographers needs to be as personal as possible . He should forget about trying to please everyone, everywhere. And this is where commercial stock photography has failed in the latter years. Obsessed with RPi numbers, they have flooded the market with one size fits all images empty of emotional triggers. When the miccrostockers came into the market, they brought back in the emotions that had left the industry for a while. And besides pricing obviously, they beat their pro elders on content. They just got more response to their images.

Of course, they are now doing the same mistake as the pros and relying on charts, equations and past revenues to dictate their next images. And like their predecessors, they are seeing revenue declining. No one can claim and secure photographic success. It is probably harder to maintain than to attain. However, by succeeding in ignoring the false sirens of success, one can easily navigate closer to the surface. If one continues to deliver a personal experience to its viewer, than 99% of the battle is won. The rest is marketing


Rex buys itself

Rex Features Press Release ( as I do not have time to write about it )

Management Buyout sees Rex Features retain independence

London.  25th July 2011.

Rex Features, owned by the Selby family since Frank and Elizabeth Selby launched the company in 1954, today announces that it is to pass control to its staff, management and a small group of individual investors.  While the Selby family will retain a significant financial interest in the business, the current Director of Sales and Marketing, Larry Lawson, takes on the position of managing director.  The management and staff of Rex will remain as it is.

John Selby, Mike Selby, Sue Selby and Martin Hillier will continue to support the Company and this, combined with the comprehensive knowledge and experience of Rex‚s staff, will ensure a seamless transition as well as the Company‚s continued dedication to contributors and clients.

Larry Lawson said „The company is in a strong position: Rex has managed to continue growing its business in difficult economic circumstances and can truly claim to be the world‚s largest independent photo agency.
What makes Rex great is that it continues to be a photographers‚ agency with a phenomenally diverse range of suppliers and a vast catalogue of material. Our reputation for expert photo editing around the clock, coupled with efficient prompt payment to all contributors will continue to ensure that we are the first port of call for both photographers and clients.

The company has recently taken on a number of new staff, and we envisage opportunities arising to expand the team further as we produce and place more and more live news and features material.  Rex has an excellent international distribution network, with many long-standing relationships built up with agents and clients around the world. Our US business, Berliner Photography in Los Angeles, provides Rex with a fully operational production and sales office and is poised to make further significant inroads into the US market.

Rex‚s reputation for honesty, integrity and traditional values will remain at the core of the company. It is this priceless asset, combined with Rex‚s proven ability to adapt to the constant change in the media industry, that gives Rex its commanding position in the world market.  I want to make this business even more successful and we will be investing our energy and resources to do so.‰

John Selby said „Since its foundation by our parents, Rex Features has gone from strength to strength largely as a result of our strict adherence to our core values of fair dealing and good service to photographers and clients alike.  Rex Features has enjoyed a great reputation within our industry and we are very pleased to be able to pass on the running of this Company to our „extended family‰, the management and staff.  I am very confident that the brand we have built up over the years between all of us will thrive and continue to play a key role in the provision of editorial imagery to the media and all picture users around the world.‰

About Rex Features:

One of the world‚s leading independent producers of editorial photography, Rex Features has an international reputation as a premier source of images and features for the world‚s media.
All the IT systems are produced in-house by experts and the simple, fast and efficient website is considered to be the „Rolls Royce‰ of websites within the industry, as is the internal picture-handling system, Lightbox.
Rex‚s online database contains 6,000,000 pictures, with thousands of new ones added daily, the intuitive keywording gives customers easy, fast access to any image 24 hours a day via www.rexfeatures.com. In the unlikely event that the desired image can‚t be found online, a rich archive of over 15 million hard-copy images, and friendly, knowledgeable researchers are there to help clients find just the picture they need.
Rex has offices in London and Los Angeles, and partner agencies around the world.
With over 57 years in the business, Rex is famous for its range and depth of images ˆ be it personalities, news and features, travel, business, animal, humour, lifestyle, fashion, music, historical or stock images.
Excellent, personalised service has won invaluable loyalty from clients and photographers alike, and the quality of our images sees its work used every day across all media platforms.

Spill Splash Corbis

The news cracked like thunder in the middle of a hot afternoon : Corbis has just acquired Splash news. The quiet giant has just eaten up the lean mean paparazzi machine. It is a surprise.

There had been rumors in the photo agency world of Getty looking to purchase Splash, to fill their last hole in their overall offering but nothing about Corbis. It is even more of a surprised as Corbis had seem to have abandoned the editorial market after it had shut down their own editorial production department. They were just re licensing agencies like EPA, Zuma and Retna. With this acquisition, Corbis is now back again on the front line of the hottest photo market : celebrity .

According to official news, most everyone will remain at Splash. It will still be run by co founders Kevin Smith and Gary Morgan. It will also be operate as a separate brand, much like Corbis Outline.

One of the main question is how will Corbis manage the high end celebrity approval Outline in parallel to the down to the ground gossip charged  Splash without facing the anger of publicists and celebrities.

Finally, the official press release blames high operational cost as a reason for Kevin and Gary’s decision to sell. If the current situation of other photo agency in this space is any indication, falling rates must have also been a strong factor.

More official info here 

Share This

Let’s face it, you are waging a losing battle. In fact, it’s not even a battle because one side has won already. Every time you sign up for a social network, be it Facebook, Twitter or Google +, you are faced with TOS ( Terms of Service) that are pure rights grabbing, making it a very dangerous proposition for you to share your images. Yet, everyone tells you that the only path to success is to have your images on these sites.

So, here are three core facts that you need to know about Social Networks:

- There is still no such thing as a free lunch. If someone offers you something for free, it is only because they get some kind of benefit out of it. You can be sure they will find a way to monetize your images.

- If you use a service for free, you become the product : what do you think Facebook, Twitter or Google + sell ? You. Your interaction on their sites is what they in turn sell to advertisers. That includes your pictures.

- They need the legal right to share your images. In order to show the images you post on their site to your friends and family, they need the legal right to do so. Since there is no way for them to know who are your friends, family or others ( nor do they care) , they make you agree to a blanket agreement stating that they can share them with everyone.

So, if you think you can sign up for a social network site that will protect your intellectual property, you are sticking your big left toe in your eye. It is just not and never going to happen. The answer ? Deal with it.

Accept the fact that if you post your images on a social network site, there is a 110 % chance that you could loose complete control of that image. Play along . If you post pictures of your 3 years old nephew at your cousin’s barbeque party, you have not much to worry about. Besides a few polite likes from your relatives, not much will happen to that image and it will soon be forgotten along with the other 10 million images uploaded to Facebook in a month. However, if you post the only image of a plane crash landing on the Hudson river, well, get ready for it to be grabbed and spread around.

Here is the irony. Photographers or photo agencies will post their images on social network sites in order for them to be seen, appreciated and dare we say it, shared ( ouch). Isn’t it the intended purpose of posting these images that they will end up in front of the eyes of a wealthy photo editor who will either purchase it or hire you ? And since you do not know him yet, the only path is via friends of friends re-posting it ? Should they all ask you for permission and pay you a license fee every time they do ? In other words, you give them something to share but you don’t want them to share.

Well then, quite a paradox . Ownership of an image doesn’t lie solely in managing its usage. It is also embedded in it. If you have a style, a talent, a point of view and an identity, your image will always speak your name, credit or no credit. Better yet, people who see your images will want to track you down in order to find out who is the talent behind those photograph. If they don’t, well, that’s because you failed as a photographer.

So what should you do with all these rights grabbing, soulless TOS that you keep on facing every day? Adapt.

They are not going to change because they are at the core of how these social networks make money. Not so much by licensing your images, obviously ( everyone knows there is no money there), but by using them to grow their network and thus selling more people to advertisers. And for that, they need the right to do what they damn well like with your images. Forever.

Keep that in mind next time you post images on any of these sites ( and others).  Your choices :

- Do not upload images

- Watermark your images

- Upload only images you are ready to give away

Either way, stop bitching and moaning about a new TOS like there was anything you could do about it. Although it might feel like it sometimes, it is not your platform, it’s theirs. They will do whatever they think is appropriate to generate revenue from it . They don’t owe you anything, you do.

So stop wasting your energy and time . Get back on your saddle and figure out  how you too can benefit from their services intelligently without loosing your pants and shoes ( and your sanity). Eventually the ecosystem will find a balance.

Shaking the long tail

With $1.2 million dollars of fresh investment, a new company enters the world of photography monetization.  Called Fotomoto, it allows,  with a  simple javascript installation to transform any existing photographers websites into an e commerce site. Visitors will quickly be able to purchase your images for framing or other usages.

The great part of it is that it is free to use and install. A simple javascript and your done. Fotomoto gets a cut on your sales, if you sell an image. Simple enough.

However, the consequences are disturbing. First, their is an option to download. For a fee obviously and for personal use.

One, some buyers might not abide by the rules

two, some photographer might use this to price their images at micro stock prices for RF usage .

The result, even more confusion on the marketplace, where already pricing is all over the place ( towards the low end, mostly). Sure, allowing photographers to sell their work directly and easily is a great idea. However, opening the floodgates of free for all pricing, maybe not.

Since individual photographers will make a few sales from their respective sites, the big winner here will be Fotomoto who will accumulate all the sales done with this tool . Using a now well known economical practice called the long tail, they could generate millions in revenue while the photographers themselves will have to continue to do most of the work : shooting, editing, marketing.

It will be interesting to see how well this model is adopted and how it might effect companies like LicenseStream or even Photoshelter. Obviously, some investors seem to think it will succeed. This also confirms that the walls of traditional photo licensing are falling ( microstock being the first and strongest blow), leaving non-innovative  photo agencies in a dangerous position.

For now, you can learn more here :

and visit their website.

Beyond the image

Up to now, images would only give you remote information in a passive way. More than often, they illustrate an accompanying article, with no more duty than to confirm what you are reading. As much as the photographer or publisher tried, it was a view and forget operation. No so anymore.

Thanks to new technology, the image has grown to becoming more intelligent, by permitting its viewers to dig deeper into it’s content. It is also now able to call home and inform on how it is being interpreted.

Thanks to a company called Stipple, photographs acquire a new dimension, an interactive layer, that finally allows viewers to communicate with them. Thanks to a mouse over generated interactive layer, small dots appear on specific parts of the images. Those dots, once selected, present the user with numerous options. They can save, share or shop for some of the items. They can also be presented with live feeds of tweets or links to additional information .

Viewers can then interact with this new set of information in ways never seen before. They can purchase the items that they like, search for local deals or even better, be presented with discounts. Last but not least, both publishers and the photography rights owners can see, in real time, how people interact with their images.

Stipple works with all images : sports, travel, celebrity, news, commercial stock. There are no limitations.

Not only Stipple adds intelligent interaction to photographs in a smart non intrusive manner, but it also engages viewers to explore photographs in innovative ways. Beyond the frustrating limitations of the IPTC caption field that can only give an overview of the content of an image, Stipple dots can easily display extremely precise information on specific areas within a photograph.

One might think that this would be hard to implement : not at all. Photo agencies need nothing else to do then send a parallel feed of their images the same way they already do to their clients, while publishers only need to add a simple javascript code. That’s it. No added workload. And it’s free.

To top it all, both publishers and photo agencies receive a commission on all transaction generated by their images. In a depressed market, this is very welcomed news.

Finally, Stipple offers a great tool against orphan work. If the metadata of an image is stripped, Stipple will automatically reunite it with rightful owner and display the original information. Even if the image has been altered.

Using some powerful technology built in house, Stipple is the first company to fully offer an intelligent image solution to both publishers and photo agencies along with a new inventive way to generate more revenue.

You can get more information on Stipple on their website at www.stippleit.com

Do it

You say photojournalism is dead. You say , where are all the good stories gone. You say, it used to be that we could see great photo essays in the pages of our magazine. You say a lot of things. But what do you do ?

Well, here is a suggestion : go to kickstater.com or emphas.is and indulge yourself in becoming a donor in photography.  Jump in with your two feet into the now and present and put your money where you mouth is. Support, sponsor, donate and get involved. Got your tax refund check ? take a small portion of it and spend it in high high luxury by helping out a photographer that has all the right tools but is just missing a few dollars.

There is no scam here, not wasted energy, to false promises. Be your own photo editor and pick the stories you like and make them come to life. You have no idea how good it feels. Do it for yourself, for the next generation that will see and enjoy them, do it in memory of those who died to keep this trade alive. Do it because you can and you should. Do it to make the naysayers shut up and the temple merchants disappear.

Do it because you want to see more . Don’t wait for stories to come to you. Make them happen. Be an instrument of change. You have absolutely nothing to loose. Do it often, even if its a few bucks here and there.

If you are not sure, here is a suggestion:

You already know you will not regret it.

The Last Salvo

Is it the end of microstock and royalty free ? No, not because of decline in usage but rather as a result of powerful litigation. A french organization certainly thinks so.

The Union des Photographes Professionels , UPP (Union of professional photographers) just recently held a round table 0n the damages of royalty free, it’s damages to the photographic trade and what they intend to do about it.

UPP talking

We can skip the part where they talk about royalty free and it’s damages to the industry as we have all heard it before and there nothing new here. Rather, the panel gets interesting when the lawyer, Maitre Jean Vincent speaks. He explains that after months, years of careful study, they have found various aspect of the law that they can use to challenge royalty free. A couple we found noteworthy was deceptive advertising and pricing. let’s review:

French law designated as void  any sale of goods, product and services that is priced at infinitesimal price.  For example, if one was to purchase one image on Istockphoto for let’s say $5 and use this image for a book, a magazine, an ad campaign, a brochure, on a TV set, in a Movie set, over and over again for 70 years ( life of a copyright), it would amount for less than a cent per usage. Under this law, that pricing is so low that it would not constitute a sale. Thus become illegal. Furthermore, even a third party, not involve in the transaction, can bring this sale to court and have it voided. Nothing in France can be sold for a derisory price, even if both parties accept. Anyone can condemn such a sale, which is exactly what UPP intends to do against the microstock agencies licensing in France.

The second is deceptive advertising. Royalty free, in French, is translated by “libre de droits”, brutally translated to “Free of any kind of rights”. Maitre Jean Vincent explains that definition is deceptive and not true : Royalty free images are neither rights free nor free of royalties. Again, grounds for a legal action.

The organization is  seriously involved in bringing a couple of RF companies - Fotolia seems their primary target - to court in order to create legal precedent. That would facilitate the process for the rest.

Those outside of France might be smiling right now thinking this is more kakaboula crap coming out of the country of whiners. Not so fast.

Remenber that story, Save the Passport photo ? Well, they just have won. President Sarkozy has just agreed to remove all remaining free passport photo machines located in city halls across France ( about 1,000). This will force people to get their passport pictures to be taken by approved professionals.

France is not a consumer oriented economy. Rather, it is strongly entrenched in a long tradition of protecting trades, regardless of their public utility. Thus, there is a good chance that the UPP might win their legal challenge and force Royalty Free companies ( microstock included) to readjust their commercial approach ( raising prices, adjust their license agreements). Some might even close, not seeing any profitability in the new environment.

Could this spread out in other countries ? The challenge could be elevated to become a European issue and, depending on the politics of the time, certainly pass. However, it would take a long time and allow RF companies to find new ways to market themselves. The US ? Doubtful, as this Adam Smith based economy revers its consumers as semi-gods and would never impair in their ability to get “a good deal”

Nevertheless, this is a new development in what seemed the finished war between RF and RM. It could also be the last salvo.

The fire this time

In an interview given to the french blog A l’Oeil, the court appointed administrator of the defunct Corbis Sygma , the french company set up by Corbis after its acquisition of Sygma, declared that he is about to destroy millions of Sygma’s photographs.

You might remember that Corbis, during its heavy acquisition years, purchased the legendary French news photo agency Sygma for about $20 million in the hope that it would give them the reportage-news cachet it was missing so much. After strikes, mismanagement, business bloopers and other incongruity, Corbis forfeited this summer and declared total bankruptcy. They used the pretext of a lost lawsuit by a french photographer as the reason and very quickly closed everything.

You might also remember that they had open an archive facility amidst the cows of Normandy, similar to the underground facility they have in Pennsylvania . All the negatives and originals were transferred there to preserve them for eternity.

Well, apparently, eternity is now partly over.

Maitre Gorrias, legal administrator of the defunct Corbis Sygma and in charge of its dismantlement,   announced on February 8 that after a failed attempt to sell the images at auction he will destroy them. Yes, you read well : destroy.

What are we taking about ? According to Dan Perlet « Global Director of Communications of Corbis » : The Preservation and Access site  contains approximately 50 million photographic elements which about 75% are under the control of Corbis Corporation (photographers who signed a contract with Corbis Corporation) and 25% of photographic elements remaining under the control of liquidator (photographers without a signed contract with Corbis Corporation and is represented by Sygma). We have no precise figures on the number of photographers. 

The images about to be destroyed are the last 25%.  That is 12 million images !

Maitre Gorrias apparently doesn’t have any issue in returning those images to the photographers who took them. However, he doesn’t have the resources to try to find them.

Thus, if you or someone you know might have images in the Sygma archive, please urgently contact :

Maître Stéphane Gorrias SCP BTSG 1 place Boieldieu 75002 Paris – France

and tell him you would like your images back.

More on this story on the excellent french photography blog written by Michel Puech , A ‘L’oeil ( In French)

Photographer Sharing

As the business world seems to be moving more and more towards subscription/ sharing model, why doesn’t the photogrpahy world ? Already very much applied by photo agencies that offer monthly/ yearly packages that provide, for a flat fee a limited amount of images, independent photographers could jump on the bandwagon too.

Here is how it would work. A photographer would decide how much he would need to live for a year. He would then sale shares of his time to numerous clients that would need him throughout the year. Once hired by enough clients, the “share” would be closed. Then clients would book him when need, using an online calendar, a bit like Zipcar.

In order to make this work, he would have to not think in terms of jobs but in terms of yearly revenue. So he might loose money on some jobs but make some on other. Everything would level out to make a nice profit. The client would be happy, since they would be able to manage their photo budget on a yearly basis instead of per jobs.

Let’s take a wedding photographer, for example. Right now, they run a hit and run operation: They try to get the most money out of a client they will see once and move on.

Under our model, our wedding photographer would not only offer wedding pictures, but baby pictures, family pictures and so on. He would get hired for a certain fee for 5 years. During that time, he would be on call to shoot whatever the couple would need. In exchange, he would get a steady revenue . It would coat the couple much less money up front to cover the wedding while guaranteeing the photographer steady work and income for the next five years.

Multiply this by 50 clients and a photographer could live comfortably and stress free. Because of the revolving pool of clients, high and lows in revenue would be minimize.

The same could be done for a corporate shooter. Replace the couple client by companies and there you go.

Obviously, you would need some incentive for the clients to sign up for the share/subscription model. Free unlimited online storage of images or 100 free prints a year ? The options are wide open.

More and more individuals seem to be comfortable with the subscription/ share model . From Netflix to Pandora, from Zipcar to Cell phone plans, it is all about simplifying billing and avoiding one time high costs. It just fits better with how they are being paid.

It will be interesting to see if this model takes root in the photography community and develops into an industry standard.