CHANGES AT THE TOP & MORE REVENUE AT SHUTTERSTOCK
Feb 14, 2020
Royalty-free house Shutterstock has appointed Stan Pavlovsky, currently President and Chief Operating Officer, as Chief Executive. Jon Oringer, currently Chief Executive Officer, becomes Executive Chairman of the Board. The company also reported fourth quarter 2019 revenue of $166.4 million, an increase of 3% compared the same period of 2018 — up from $157.42 million in the previous quarter. Total image and video downloads for the fourth quarter were up to 47.7 million compared to 46.8 million a year earlier. At year-end Shutterstock was offering 17 million video clips and over 314 million images.
ACSIL BECOMES PART OF DMLA
Jan 9, 2020
Industry trade association for moving-image licensors, ACSIL (Association of Commercial Stock Image Licensors) is joining forces with the Digital Media Licensing Association (DMLA), founded as a picture agency association and now representing all media licensors. A joint press release says the new set-up will seek to “to lead advocacy, education and community building for licensors, their partners and the creators they represent”. DMLA membership is said to include industry leaders Shutterstock, Getty Images, Alamy, Pond5, Stocksy, Adobe Stock as well as many smaller and midsize companies and will now list more than 90% of North American image, video and media licensing in its membership. Alison Smith, Head of Stock Licensing at WGBH, the PBS flagship station, is joining the DMLA Executive Board. Charter members of ACSIL included BBC Motion Gallery, CNN ImageSource, NBC News Archive, ABC VideoSource, National Geographic, Global ImageWorks, Discovery Networks, WGBH Boston and several other footage houses. Since its launch in 2003, ACSIL has grown to include twenty-five leading stock and archival footage companies. DMLA is planning a web portal upgrade to recognise the expanded organisation.
BRIDGEMAN GETS NEW CHIEF EXEC
Nov 28, 2019
Dirk Hendrickx, who joined UK-headquartered Bridgeman Images in June and is currently Global Head of Sales and Marketing, is to succeed Victoria Bridgeman as the company’s CEO in January. She is stepping down after 16 years running Bridgeman. The company’s business was built on its arts, history and cultural image collection, much of it in liaison with museums and arts institutions, and now boast a footage collection from the same sectors.
SUBMISSIONS INVITED FOR 2020 FOCAL AWARDS
Oct 22, 2019
Trade organisation FOCAL International is newly inviting submissions for its 2020 Awards, designed to reward excellence in the use of archive and stock footage, and for best-in-class activities of those in the footage services community. The entry window is open until February 7 and early bird entries are now invited. For this, the 17th annual industry awards, there are 11 categories associated with programme production, two for the restoration and preservations sector, and three for industry personnel. The annual lifetime award is in the gift of the committee of FOCAL, the Federation of Commercial Audiovisual Libraries. Awards will be presented at a ceremony in London in May.
FRAMEPOOL UPGRADES ON THE WEB
Oct 18, 2019
German-headquartered footage house Framepool has a brand new web presence, a site replacing one launched at the company’s inception in 2001. It marks its evolution from a boutique filmmaker’s archive to a company representing more than 1200 filmmakers and media companies worldwide, making its offering one of the largest global portfolios of quality rights-managed footage. Framepool now also offers research, copyright and clearance assessment services. Its new site gives search access to over one million on-line video clips. Framepool is headquartered in Munich and has service offices in New York, Los Angeles, Saragossa (Spain), London, Tokyo, Paris and Sydney.
RARE NYC FILM LANDS AT HISTORIC FILMS
Sep 24, 2019
Archive specialist house Historic Films says it has acquired a reel of nitrate film shot in 1907 containing previously unseen material from the so-called Gilded Age in Manhattan. The reel includes some of the earliest moving images of Macy’s Department store on 5th Avenue and unique footage of the legendary Reisenweber’s Cafe, where historically, in 1917 the Jazz Age began. The material exists on what is perhaps the last surviving asset of a long forgotten motion picture company, Spitz & Orth. The reel, which runs for five minutes, was purchased from them in 1932 by Meyer David Strong and has come to Historic Films from his great grandson Henry Strong. It is said to be in excellent condition, and had been digitised in 4K.
“BIGGEST” AIRRBORNE INVASION FILM NEWLY DIGITISZED
Sep 4, 2019
London’s Imperial War Museum film division has newly digitised and made available for licensing remarkable film of the biggest airborne invasion in military history, an operation that involved British and American airborne divisions, and polish parachute brigades. In all, the invasion into German-held Holland in September 1944, known as “Operation Market”, involved more than 1,700 aircraft, each packed with equipment and parachutists, with each towing a glider containing troops. The air operation delivered some 14,589 troops by glider and 20,011 by parachute. The aim to cross the Rhine into northern Germany was never achieved, but the Dutch cities of Eindhoven and Nijmegen and many towns were liberated. In all, 1,485 British and Polish airborne troops were killed or died of wounds and 6,525 more became prisoners of war. The IWM’s film record of the operation, the work of British Army Film and Photographic Unit, is newly available at the IWM’s web portal.
HISTORIC ACQUIRES LATE 20th CENTURY ARCHIVE
Aug 12, 2019
Archive specialist house Historic Films has acquired the footage library of Best Shot, an independent archive that operated in Florida until 2016 holding material from the late 1980s. It was founded as a company in Tampa around 1990, the holding being organized and owned by founder Peter Klein. It focussed on then "contemporary" footage, representing several shooters and kept its focus primarily on the USA - American locations, life styles and pop culture. Klein sold the company around 2008 and Historic acquired it through its current owner, Ron Ceyrolles who remains with the library and will reorganize the Florida office and act as Historic’s library manager. Historic Films’ CEO Joe Lauro says the acquisition is “in keeping with our mission to try to keep twenty years behind the times.” The library is currently being reorganized and brought online with material due to become available to stream and download for licensing through Historic Films beginning from the fall.
REELIN’ TEAMS WITH WHITE HORSE PICTURES
Aug 7, 2019
Two California-based companies, footage house Reelin’ in the Years and production company White Horse Pictures, have signed up for what they call “a far reaching multi-picture partnership to develop and produce documentary feature film and television projects.” Plans involve developing archive-based event documentary projects that draw on Reelin’s catalogue that includes over 30,000 hours of music footage spanning 90 years.
REVENUES UP, INCOME DOWN AT SHUTTERSTOCK
Aug 7, 2019
Royalty-free house Shutterstock reports that although revenues in the second quarter of this year at $161.7 million showed an increase of three percent, as compared to the second quarter of 2018, total income from operations dropped some 45 percent to $3.1m. The company says the fall is due to increased operating expenses “attributable to general and administrative expenses, which include increases in compensation, one-time severance costs, and depreciation and amortization.” The company has lowered its full-year financial outlook forecast to predict an annual income from operations at between $18m and $32m. Shutterstock, which markets images and footage, says its offering has grown to 280 images and 15 million video clips, each sector having increased by some 37 percent year-on-year.
BRITISH PATHE LANDS MAJOR YOUTUBE AWARD
Jul 5, 2019
UK newsreel footage house British Pathé has been awarded a prestigious Gold Creator Award by YouTube after the number of subscribers to its YouTube channel surpassed one million. The entire historical newsreel archive of 82,000 films was the largest single upload in the platform’s history and now averages 800,000 video streams a day.
POND5 INTROS ROYALTY-FREE EDITORIAL FOOTAGE
June 25, 2019
Pond5 has introduced a royalty-free editorial footage offering with material from news agency Reuters, entertainment specialists Cover Video, and user-generated content platform Newsflare. Announcing the move, the company says with the “new royalty-free collection, Pond5 is reinventing an industry largely known for a strict rights-managed approach.” Clip prices starts at $79, while a slow motion clip of Prince Harry and Meghan Markle retails at £169 ($216).
SCREENOCEAN TAKES FOCAL INDUSTRY AWARD
June 21, 2019
UK footage house ScreenOcean that markets a host of collections and and archive brands took the award for Footage Company of the Year at the the 2019 FOCAL Awards, announced at a ceremony in London. The winner in this category is voted for by members of the trade organisation. The award for Footage Person of the Year, which aims to recognise the efforts of outstanding individuals within the Archive sector who have worked to create positive change within both their own organisations and the industry at large, was presented to the Imperial War Museum’s Jane Fish, Senior Curator for the institute’s Film, Media Sales and Licensing. For FOCAL, the Federation of Commercial Audiovisual Libraries, it was the 16th year it has staged the awards process. In addition to personal and company awards, 14 others were awarded to productions making “bold and compelling” use of archival footage. British Pathe is honoured for its newly-relaunched British Pathé TV SVOD service.
HISTORIC REPS JERRY LEWIS COLLECTION
June 18, 2019
Historic Films is newly exclusively representing the archived tv shows the Jerry Lewis Show which ran from 1957 to 69, the Martin & Lewis Show, 1950-55, and several of Lewis’ groundbreaking early feature films. His career spanned 70 years, and he is remembered as one of America's finest and most beloved comedians.
LOLA ADDS GIANT POPULAR MUSIC ARCHIVE
May 5, 2019
Footage house Lola Clips has a new deal to represent what is claimed to be the biggest High Definition archive of popular music moving imagery around, that of London-based Eagle Vision, a producer and distributor of music-based documentaries and high end live concerts. Its holding covers all genres of music-related footage through jazz, blues and soul to pop and rock. Lola, with offices in London and Los Angeles, already represents a growing stable of archive collections, including 50 years of outtakes from Europe’s largest movie studio, StudioCanal, and, for North American clients, clips from the 250,000-hour catalogue of programmes and feature films, from the studios of UK’s ITV.
VICTORIAN FILMS ON-LINE FOR FREE
May 5, 2019
Britain’s national film repository, the BFI is celebrating 200 years since the birth of Queen Victoria with the on-line launch of its entire collection of British victorian film made between 1895 and 1901. The material is to be available for free on BFI Player from May 13. Held and preserved by the BFI National Archive, the collection has more than 500 films newly digitised from the best quality source materials after a £36,700 grant from the UK’s National Lottery Heritage Fund. With existing Victorian era titles filmed by early pioneer picture makers Mitchell and Kenyon the offering gives access to over 700 films.
FOCAL AWARDS NOMINATIONS ANNOUNCED
May 3, 2019
Trade organisation FOCAL International has announced its line-up of nominations for its annual awards. In the categories directly related to footage companies, the four libraries nominated for the award for Footage Company of the Year are: the Associated Press (AP) Archive, Footage Farm, Kinolibrary and Screenocean. They are all London based. Nominations for Footage Person of the Year are: Jane Fish, Senior Curator, Imperial War Museum; Obi Adumekwe, Sales Manager UK & Eire, AP Archive; Louise Pankhurst, Account Manager UK Southern Europe and Russia, AP Archive; and Rosie Wilson, Media Manager, BAFTA. FOCAL, the Federation of Commercial Audiovisual Libraries, will announce the winner in all categories at its annual award ceremony in London in June.
FOOTAGEMARKETPLACE CHALKS UP TEN YEARS
May 3, 2019
The annual event for footage buyers and visual content controllers footageMarketplace, staged as a joint partnership with www.stockfootageonline.com, is marking its tenth anniversary with an updated website and details of the five seminars being staged during its London event on May 15.
SHUTTERSTOCK SEES VIDEO REVENUE RISE
April 25, 2019
Increased revenues from video sales helped boost royalty-free house Shutterstock’s revenues in the first quarter of the year. Up from $9.9m in the same quarter of 2018, the latest three month’s report shows video revenues at over $14m, contributing considerably to the company’s overall revenue rise in the same quarter of $10m.
LATEST ACSIL SURVEY SEES FOOTAGE REVENUES INCREASING
April 25, 2019
The financial size of the footage industry is newly estimated at $570 million, three percent higher than a 2015 estimate. Both estimates were made in the The ACSIL Global Survey of Stock Footage Companies, the latest in the newly released fourth version was, like its predecessors, the work of trade body ACSIL and the footage consultancy Thriving Archives. The work is based on an anonymous 47-question survey completed by a group of 84 stock footage companies. It was carried out in the latter part of last year among 20% of the estimated 415 footage companies in operation currently. It reports the footage industry is “in solid shape.” The 191-page report is available for purchase at www.thrivingarchives.com.