March 2009

 
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gimmick advertising starWith Chris Anderson's new book "Free" in the pipeline and comments I heard at UGCX like "What about creative commons, it's the elephant in the room everyone is ignoring", there is a lot of interest and perhaps concern about how low exactly the price of some stock images will go. Will the price to the end user of 'ordinary stock images' be driven to zero in the same way as other digital assets and services such as digital music, on-line email, holiday bookings etc.

I think that in a few years time with market saturation of 'ordinary images' as it is, then we will see a fair amount of this type of work being made available for free. I'm not talking about the style of image that sells for 100's as macrostock, but the very easy to shoot, low set-up cost that is the staple of microstock. What would happen to the market if the best 30% of the images that one of the largest agencies rejected were set free on the internet? That would perhaps, be a million quite usable stock images most of them with only very minor defects.


Crisis? What Crisis?

It seems to me that the Global Economic Crisis is not having a huge effect on micro stock. At least that's what I see in my earnings which are relatively stable. There are several factors affecting the microstock industry at the moment, but at least one of them I think is positive. Although microstock is changing at an increasing pace, it seems to be quite stable compared to the rest of the stock industry which is, at least from the press stories, exploding, crashing and generally turning upside down.

 


So what did March 2009 bring to the world of microstock photography:

Yaymicro anounced a 25% increase in sales during February compared to previous months. The also appointed themselves a new CTO, Oddbjorn Sjogren.

Shutterstock reached 6 million images (actually this was in late February) less than 4 months after announcing they reached 5 million, I've almost given up posting individual articles when the big agencies reach a million mark... until 10 million comes! Shutterstock's Jon Oringer stated that this was "Thanks to more than 144,000 submitters who continue to contribute to our library".

Cutcaster launched support for corporate buyer accounts.

 


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