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.
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.