The picture taking market

In 2014, there will be 2.25 billion picture-taking devices sold

In 2014, there will be  2.25 billion picture-taking devices sold . According to a slide shown by  Christian Müller-Rieker, the Executive Director of the Photoindustrie-Verband (The German Imaging Association), this will be  a 9% increase over the 2.05 billion sold during 2013. Overwhelming numbers What is even more spectacular is the huge difference between smartphones and traditional cameras. For 2013, only 83 million of global sales were of  digital cameras ( Dslr, point and shoot)  versus 1.948 billion for mobile ( smartphones and tablets). For anyone still doubting where the…

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Sell-News Home page

Questions to a founder : Sell-News. com

First in a series of exclusive interviews of photo/tech companies founders , we start with German based Sell-News.com. Launched in 2012,  Sell-News.com is a UGC bidding platform where sellers and buyers of visual news content meet : Slawomir Rybarczyk, founder and ceo, answers our questions : What is SellNews? SellNews is the first online auction platform for newsworthy photos and videos. We connect photographers, professional reporters and storytellers with the media industry. Everyone capturing photos and videos with a smartphone or a digital camera can upload their…

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battle of the internet giants

And the battle heats up ( updated )

It didn’t last long. Less than a week after Dropbox and Twitter announced new photo oriented features, the other major players responded. Loud and clear. Google bets on Email First Google. Today, it announced a tighter integration of its very popular Gmail with it’s  photo backup solution Google Photo album. Now, it will be even easier to attached photos to any email directly from  your drive account. One click easy. Since email is still the most used online communication tool – that is changing too*-,…

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Dropbox

DropBook, TwitFace, what is it going to be ?

We all know that photos are key to engagement. Tech companies know it, but more important, the advertising world knows it. And although no one has fully mastered its potential, everyone knows that photography is the most important asset of the web today. That is why, more and more, we see a converging effort by tech companies to become the center of our photography life. Whomever controls your photo stream, controls your social life. The battle has raged between Facebook and Google + to be…

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Shutterstock's road block

Shutterstock taking a beating ?

If anything, Getty Image announcement that they now offer free embed-able images has put a huge road block in Shutterstock growth path. Ever since the announcement a month ago,  Shutterstock has taken a beating on the stock market. From a high of $100, it has now fell below $60, lower than it was before their Q4 earnings call. Even while ceo and founder Jon Oringer claimed that it would not affect Shutterstock earnings, investors do not seem so sure. Where does the truth lie ?…

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The anti flickr

Funding the anti- Flickr

Imgur newly announced massive round of funding ( $40 Million by Andreessen Horowitz) is a captivating shot at the bow of the photo tech world, and here’s why: Practically unknown outside the geek and nerd world, Imgur is not your traditional photo sharing platform because it has nothing to do with photography. Users do not go on Imgur to look at pretty images, or to review last night party or even post photos of their latest vacation. Rather, it is a photo hosting site for…

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Mobile first

Mobile first, Mobile only

Let’s face it. The next successful photo tech company will be mobile first and mobile only. The key mistake most photo tech companies are currently making is trying to monetize on the laptop web. Besides traditional media, this is no longer the place where people  consume images. They want to take, alter, share and view images on their mobile devices. Twitter knows this and it’s recent new feature release is proof. One can now put 4 images in a tweet, viewable immediately in a feed, as…

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The value behind

THE VALUE BEYOND THE TRANSACTION

The traditional image licensing business is a transactional one. Historically, the management of rights was considered to be an ongoing service, but with royalty free models eclipsing rights managed volumes, this is of little to no value for today’s image buyer. All value is wrapped up in the transaction: image rights and metadata are pre-vetted, and those are the most important and critical components to the product. Consumers are buying a license – not an image – and that license makes warranties of accuracy that assuages…

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Grand Canyon_South Rim Marketplace_2714

The Marketplace Lure

Social media photo platforms, rising in numbers from the dual pull of Instagram $1 billion acquisition  and people’s insatiable appetite for  mobile photography, are facing a complicated maturity issue:  How to monetize without defection ? The first step of all social media photo platform is to gain traction by gaining market share. Here, all the models are the same : using the network effect, grow your users base to a comfortable number ( usually in the millions active users) by offering them a set of…

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Flickr buddies rememe 2.0

Getty / Flickr calls it quits

Busy week for Stock photography behemoth Getty Images. After opening up half of its images to free embedding, making a partnership with EyeEm, they have now announce that they are terminating their deal with Flickr. What does this mean ? On an individual level, photographers from Flickr who have images on Getty will continue to be represented by Getty according to their agreement. However, Getty will not continue to mine Flickr for new photos or photographers.  Instead, they recommend Flickr users to pick up the…

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