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:Continue Reading

Andrew Cleland current portfolio of companies via Comcast Ventures

Public photo industry surveys are so rare and few that it is always a refreshing exercise to review one when they do come out. VisualSteam just released the 2015 edition of its Art Buyer Survey and it surfaces some interesting trends. Leslie Hughes, VisualSteam’s President and CEO, said, “Art BuyersContinue Reading

Photo by Kevin Law https://www.flickr.com/photos/kevinlawhk/

You wouldn’t think about it this way, but Wall Street tends to be highly emotional and jittery  when it comes to stock photo licensing. When companies with voracious growths – anything above 30%-  show any signs of slowing down, it starts running for cover. The reason is very simple: theContinue Reading

Responding to an increasing demand for reliable insights on the stock photography market, the three top stock photography industry experts, Lee Torrens, Paul Melcher and Amos Struck, have officially launched Stock Photo Insight (http://stockphotoinsight.com), a consulting service providing calls with all three experts simultaneously. In addition, Stock Photo Insight isContinue Reading

Jon Oringer of Shutterstock said it well: barrier of entry in  stock photography licensing  today is very low (actually getting lower), barrier to scalability is very high and getting higher. In other words, it is easy to find and regroup content to license (UGC or not). It is much harderContinue Reading

adobe stock

Will convenience be the powerful  feature to  make Adobe’s $800 million gamble succeed in the stock photo market? Launched amidst a flurry of Creative Cloud updates for Photoshop, Illustrator, and Premiere, Adobe Stock is a fully integrated stock photo offering within the company’s flagship product. Created with the content ofContinue Reading

Suddenly, out of nowhere, Bloomberg started spewing articles after articles on the sorry state of Getty Images. Three in a row, which is more than they did in the last 3 years combined. Fresh from insider knowledge, it reported Getty Images having  poor ratings on a debt secured when purchasedContinue Reading

The recent news of Adobe’s acquisition of microstock company Fotolia has sent ripples throughout the photo licensing world. The software company purchased the 11 year company operating in 23 countries in 14 different language for $800 million in cash,  in return for 34 million images. While the public announcement clearly aimedContinue Reading

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 itContinue Reading