SHUTTERSTOCK UPS ITS VIDEO HOLDING
April 29, 2021
Publishing its financial results for the first quarter of the year, marketplace Shutterstock says during the period it increased its offering of moving imagery by 17 per cent to 21 minion clips. Overall its like-for-like revenues were up 14 per cent to $183m. The portal continues to add subscribers, up 46 per cent to 306,000 compared with the same period last year, the subscribers providing 41 per cent of all revenues.
FOOTAGE.NET USAGE CLIMBS
Jan 4, 2021
In a New Year message to footage house partners, global search site Footage.net says average monthly site sessions in 2020 were up by 11% over 2019; unique users by 15%; footage searches increased by 25%; and average monthly clip views improved by 13%.
NOMINATIONS PERIOD OPENS FOR THE 2021 FOCAL AWARDS
Dec 1, 2020
Early bird nominations have been invited for the 2021 FOCAL International Awards that celebrate “very best use” of archival footage across the creative and cultural industries in production categories, the most appreciated work of researchers and footage houses and in the restoration and preservation of moving imagery. Nominations received before January 21 qualify for reduced entry fees. Award winners are usually announced at a gala event held in London each May, but for 2020 the ceremony was held virtually in the autumn. A decision on the 2021 awards event, the 18th in its history, will be made early in the year. FOCAL is the Federation of Commercial Audio-visual Libraries. Full details are available able at the awards website.
HISTORIC LANDS RED SKELTON SHOWS
Nov 20, 2020
Historic Films has a new deal to license clips from The Red Skelton Show, a US tv production that ran for 20 years from 1951. Hosted by Comedian Richard “Red” Skelton, the show received three Emmy Awards and a Golden Globe Award in 1959 as the Best TV show. Content was largely topical comedy sketches and included appearances by top-line musical guests.
REELIN’ IN FOCAL’S FOOTAGE COMPANY AWARD
Oct 23, 2020
At the presentations ceremony for FOCAL International Awards, in its 17th year and held virtually for the first time, the Footage Company of the Year Award went to California-based Reelin’ in the Years. Owner of the company that has been in business for nearly three decades, David Peck, says “while we have won numerous awards for various projects, this one is very special because it speaks to the work we’ve done, and continue to do, to preserve filmed history and make it available to an ever-growing community of filmmakers." Reelin’ says it has “amassed the world’s largest library of music footage housing over 20,000 hours of material from the 1920s to today.” The Jane Mercer Researcher of the Year award went to the five-researcher team of Pamela B. Green, Cosima Littlewood, Joan Simon, Daniela Roth and Christine Leteux who worked on the docu-movie Be Natural: The Untold Story of Alice Guy-Blaché, the story of the pioneering first female director of a movie.
SHUTTERSTOCK ADDS EDITORIAL VIDEO
Oct 21, 2020
Royalty-free leader Shutterstock is adding Editorial Video to its offered portfolio. The new premium editorial video service is already available for licensing. Contributors Critical Past, Celebrity Footage and Viral Hog are among new partners while current partners epa and London Entertainment will add to the offering. Editorial Video has launched with more than 250,000 premium user-generated live and archival video clips across news, entertainment, sports and fashion, with new content being added daily. Shutterstock boasts an existing Editorial image portfolio of more than 50 million images.
GETTY & BBC SEEK UNDER-REPRESENTED KIDS MEDIA
Oct 21, 2020
The BBC and Getty Images are calling image makers across the UK to help create a library of stock video and imagery that showcases the diversity of kids’ lives and their experiences within the UK. The “BBC Kids Collection” aims to showcase images and videos of children and families currently underrepresented in the media, created by a representative group of photographers and videographers. A seed fund sponsored by BBC Children’s of £10,000 is open to applicants from amateur and professional fields, with grants of between £250 ($330) and £1,000 ($1,300) to be granted to successful applicants who are creating inclusive stories of UK children and families..
GETTY ADDS NBC NEWS ARCHIVE TO ITS EDITORIAL PORTFOLIO
Oct 16, 2020
Getty Images has a new multi-year partnership deal with NBCUniversal News Group to exclusively license its news archive collection, one of the world’s largest broadcast libraries. The agreement will see hundreds of thousands of hours of film and video footage spanning more than 75 years of news coverage being made available on Getty’s global platform, and handled by its international sales team. Getty already handles the major news archives of the UK’s BBC and Independent Television News and Bloomberg’s news archive.
FOCAL AWARDS GO VIRTUAL
Oct 16, 2020
The awards ceremony staged annually by industry body FOCAL International is going virtual this year and is being staged on October 22. Details of what is the17th annual event are available on the newly-launched updated website of London-headquartered FOCAL, the Federation of Commercial Audiovisual Libraries.
FOOTAGE COMPANY OF THE YEAR FINALISTS
Jul 16, 2020
Two footage houses have been shortlisted for the Footage Company of the Year award at this year’s FOCAL International Awards, being held as a virtual event in the autumn, the usual May dinner and awards ceremony having been postponed because of the Coronavirus situation. The finalists are LOLA Clips, a company founded in the twin bases of London and Los Angeles five years ago, and Reelin’ in the Years which bases sales on 37,000 hours of historic music and interview footage.
FOCAL AWARDS POSTPONED
April 30, 2020
Because of the worldwide lockdown as a result of the corona virus pandemic, the footage industry’s annual awards ceremony, the presentations of the FOCAL International Awards, has been postponed. Due to be held in London on June 18, the ceremony will now be held in the Autumn. FOCAL, the Federation of Commercial Audiovisual Libraries, has yet to announce a new date. The Awards, which celebrate the best use of footage across all variety of genres and media platforms, as well as those who research and who preserve and restore visual material, are in their 18th year.
FINANCIAL HELP FOR UK PRODUCTION COMPANIES
April 30, 2020
The BFI (the British Film Institute) has opened a two million pound ($2.5m) BFICovid-19 Production Continuation Fund, a temporary new fund for UK independent productions unavoidably interrupted as a direct result of the pandemic. National Lottery funding of up to £150,000 per project is available for productions in critical financial need to help cover unexpected additional costs, aiming to ensure producers are in a position to restart when it is safe and practical to do so. The deadline for applications is Wednesday 27 May.
SHUTTERSTOCK REPORTS REVENUE DROP DURING PANDEMIC
April 29, 2020
Reporting a quarterly revenue drop, royalty free house Shutterstock says that although revenues have been negatively impacted since the onset of the corona virus pandemic, at current volumes, the company still expect to produce significant earnings and free cash flow during this year. Compared with the first three months of last year, revenues dropped from $163.3m to $161.3m and the number of paid downloads was down one percent to 46.8m. During the period, Shutterstock’s video collection expanded by 29 percent to 18 million clips. The company withdrew previous financial guidance, but pointed to a strong financial position with $296 million in cash and no debt.
FOOTAGE INDUSTRY RISES TO PANDEMIC CHALLENGE
Apr 27, 2020
A survey carried out by FOOTAGE.net gives what it calls “a cautiously optimistic” picture of the effects of the Coronavirus Pandemic on the stock and archival moving image industry with the vast majority of the 67 footage houses that took part managing to maintain core operations during the global lockdown. There was concern over a slow-down in production work, although this brought suggestions that there may be an increase in demand for stock footage because most shooting crews have not been in the field. The threat of a global recession was also a matter of concern. Access to collections, whether digital or analog, seems in the main to have been maintained.
HISTORIC LANDS TEN-YEAR CONCERT COLLECTION
April 24, 2020
Historic Films has acquired The Roy Damm Concert Collection, the work of an American underground filmmaker who has dedicated his life to the archiving and preservation of live concert recordings. Based in San Diego, California, Dam recorded hundreds of historic music performances throughout North America between 1992 and 2002 and his collection represents over 100 top artists filmed live and in concert. The material is currently being logged and incorporated into Historic Films’ on-line database.
FOOTAGE.NET ADDS CNN CLIPS
March 17, 2020
Footage.net has added more than 950,000 news clips from CNN whose complete archive of news and historical footage straddles 30 years, with coverage from the 1980s through to today. The Footage.net holding is being updated daily. It is available for screening alongside motion content from other leading footage companies.
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.