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.
PATHE ADDS TO ON-LINE TV OFFERING
April 25, 2019
Available for the first time since its original run on the UK’s BBC 4, the nostalgic and funny three-part series British Passions on Film has been released via the online streaming service at British Pathé TV. The series utilises colour vintage footage from the British Pathé archive as well as specially-filmed interviews reminiscing about British passions of a bygone era.
NATO’S ARCHIVE FILM NEWLY AVAILABLE FOR LICENSING
April 25, 2019
Following an extensive digitisation project commissioned by NATO, over 2000 titles of official footage are newly available for licensing via IWM Film, the footage licensing division of Britain’s Imperial War Museum. The project is part of an exclusive global licensing distribution partnership between IWM and NATO, marking the 70th anniversary of the creation of NATO, the world’s strongest political-military alliance, on 4 April 2019. The NATO film collection comprises approximately 350 hours of film material taken in the late 1940s through to the 1990s, including documentaries, newsreel, and record footage in both colour and black and white film.
BRITISH PATHE APPOINTS LICENSING EXEC
FEB 24, 2019
British Pathé has appointed Punch Magazine exec Andre Gailani to oversee its licensing service for producers in France, Belgium, the Netherlands, and Luxembourg. Gailani, who has a long history in licensing archival content, will additionally oversee business with a portion of Pathé’s UK production companies.
FOCAL 2019 LIFETIME AWARD ANNOUNCED
FEB 13, 2019
Footage industry body FOCAL International says the recipient of its 2019 FOCAL Lifetime Achievement Award will be the 65-year-old film director Julien Temple. His filmography traverses fiction works, documentaries and music videos and, according to FOCAL, “demonstrate his fascination with the lives of creative pioneers as well as the multi-layered histories of people and places,” His works include The Filth and the Fury; The Ecstasy of Wilko Johnson; Requiem for Detroit; and London: A Modern Babylon. Again according to FOCAL, “Julien's work with archival content has been constantly pushing the barriers of creativity for many years.” The award will be presented at a Gala ceremony in London in June.
SHUTTERSTOCK ADDS PREMIUM VIDEO CONTENT
Dec 6, 2018
Royalty free house Shutterstock has introed a premium tier of curated royalty-free video content offering a diverse collection of clips that includes exclusive content with everything from everyday moments to blockbuster action scenes captured by industry professionals using cinema-grade cameras, some shooting in 4K. Licence fees are mainly $179 for 4K clips, $79 for HD and $65 for SD. In total, Shutterstock says it has more than 12 million video clips available via its portal.
NOMINATIONS INVITED FOR FOCAL AWARDS
Dec 5, 2018
The entry window has opened for submission for the various categories in the 16th annual industry awards staged by FOCAL International. Entries in the production, restoration/preservation and personnel categories are open to consideration by an international jury drawn from the archive, footage and wider creative industries.
Nominations close on February 4 and shortlisted nominees will be notified in April. A separate jury will examine nominations for awards for Footage Person of the Year, Footage Company of the Year and The Jane Mercer Researcher of the Year Award. Presentations to award winners will be at a gala event in London in June. FOCAL is the Federation of Commercial Audiovisual Archives and is headquartered in London.
AP ARCHIVE UPS ITS OFFERING
Nov 29, 2018
AP Archive, the film and video archive of The Associated Press, has a deal to newly represent two independent collections — Storm Chasing Video with a holding containing the work of a network of over 50 professional storm chasers, and Stringr, which says its collection comes from “video sourced from tens of thousands of amateur and professional videographers.” The AP Archive, with a total holding of over 1.7 million global news and entertainment video and films dating from1895, says it has digitised an additional 25,000 videos from AP-owned material, giving better access to top news stories from the 1980s, including the Shuttle Challenger disaster and Reagan's presidency. It has additional newly digitised some 15,000 entertainment videos from its AP partner, CelebrityFootage.
GETTY LANDS A $500m INVESTMENT
Nov 28, 2018
Getty Images has a new investor, Koch Equity Development LLC, the investment arm of Koch Industries, which is placing a $500 million non-controlling preferred equity investment in the company. The Getty family acquired a controlling interest in the company that bears its name from the Carlyle Group earlier this year. With offices in Wichita and London, KochEquity focuses its efforts on strategic acquisitions, although in this case Getty says the investor will have “no input into Getty Images content or editorial coverage".
SHUTTERSTOCK TEAMS WITH RIGHTS CLEARANCE AGENCY
Nov 27, 2018
Royalty-free house Shutterstock has a new partnership with rights and clearance agency, Greenlight, part of Branded Entertainment Network. Greenlight clears content with rights holders for use in commercial advertising and corporate campaigns and also represents the rights for some of the biggest icons, including Albert Einstein, Steve McQueen, Whitney Houston, Sophia Loren and Thomas Edison. Shutterstock says the rights clearance agreement enables its customers, including ad agencies, brands and creatives, to license image and video content that would otherwise only be available for editorial purposes.
FOCAL CHAIR STEPS DOWN
Oct 19, 2018
FOCAL International Chair Sue Malden is stepping down from the role after more than 13 years. During her period in office the organisation’s annual awards and accompanying presentation ceremonies, founded under previous Chair Jane Mercer, have developed into an industry institution. Malden is a former BBC archives executive who these days acts as an independent consultant and researcher. FOCAL (the Federation of Commercial Audiovisual Archives) has not named a replacement Chair. She will will continue as a member of its Events and Exhibition and Training committees. The organisation says Madeline Bates, Director of Outreach, and Mary Egan, Director of Operations. will continue to “manage and develop FOCAL going forward”.
HUNTLEY ARCHIVE UPDATES WEB PRESENCE
Oct 15, 2018
The UK’s Huntley Film Archive has a new web presence making available thousands of films ready to download in HD broadcast quality, with more being added daily, plus over 18,000 screeners available for instant free download. It also offers the ability to create real-time clips of the seconds needed for orders, a facility that uses what the archive team describes as a unique time-slicing technology, and a secure online purchase function. The archive was founded over 50 years ago and remains independent, having a holding of vintage material, mostly documentary-based, with the addition of behind the scenes Hollywood and Bollywood footage and a special collection of pioneer film makers. With much digitised, the archive holds the original film of its collection.
DEATH OF ARCHIVE PROGRAMMING PRODUCER JERRY KUEHL
Sept 20, 2018
Archive producer and researcher Jerome (Jerry) Kuehl has died aged 86. Born in the US in Milwaukee, Wisconsin, he worked mainly in the UK producing TV series in the 1960s and 70s featuring histories of both world wars. As researcher and associate, he played a major role in the production of the 21-part 1974 tv series The World at War, and the 26-episode 1964 tv series The Great War. He was executive producer of 70s and 80s productions including Today’s History, Hitler’s Germany, and The Final Solution. In 2004, he was winner of the FOCAL International Award for Lifetime Achievement in the industry.
GETTY FAMILY RETAKES CONTROL, DAWN AIREY STEPS DOWN
Sept 6, 2018
The Getty family has retaken full control of Getty Images Inc from long time investors The Carlyle Group. Through the transaction, family members are acquiring all of Carlyle’s equity interests for cash, plus units that provide Carlyle with an ongoing financial interest in the future growth of the Company. The transaction is expected to close shortly. Subject to closing of the transaction, Getty Images is to implement a series of leadership changes that will come into effect at the end of the year. Getty Images’ CEO Dawn Airey will become a Non-Executive Director, and Chief Operating Officer Craig Peters will assume the role of CEO.
FOURTH INDUSTRY SURVEY UNDERWAY
July 15, 2018
A fourth edition of the Global Survey of Stock Footage Companies prepared by the industry body ACSIL and business development agency Thriving Archives has opened for participation. The 47-question survey is being conducted online with footage companies worldwide being invited to participate. ACSIL, the Association of Commercial Stock Image Licensors, and Thriving Archives have worked together to publish the three previous AGS reports, the first in 2007, the second in 2011 and the third in 2015, achieving strong industry support and participation in each effort. The survey is open through August 13.
NEW FOOTAGE INDUSTRY EVENT PLANNED
JULY 14, 2018
Two trade associations, FOCAL International and AMCUP, are launching a new industry event, FootageFest - an happening they describe as a unique series of events and sessions designed to bring together buyers and sellers from both sides of the Atlantic. The two-day festival will give delegates insights into working with footage in both the UK and USA . FootageFest is scheduled in several of North Hollywood’s diverse andy venues: El Portal Theatre, Lumination Space, HaHa Comedy Club, Laemmle NoHo Theatres and the Raven Playhouse, on September 22 and 23.
ITV CLIPS SALES NAMED LIBRARY OF YEAR
June 17, 2018
At the annual footage awards in London, the clips sales team at the ITV Archive was the recipient of the Library of the Year award, quite an achievement since the business has been trading for just six months. Previously ITV clip sales were handled by ITN Source until its dissolution. Library employee of the year award went to Kieran O’Leary, Access and Digital Collections Developer, the Irish Film Archive, and the Researcher of the Year award went to the team of Mike Welt, Ho Dang Hoa and David P. Schmidt
for their work in Florentine Films’ production The Vietnam War. The annual awards, founded in 2004, are under the auspices of FOCAL, the Federation of Commercial Audio-visual Libraries.
SHUTTERSTOCK OPENS IRELAND OFFICE
June 16, 2018
Video and media marketplace Shutterstock is opening a Dublin office intending to hire a staff of 40. The project is supported by the Irish Government through its inward investment promotion agency, IDA.
FOCAL MOVES FROM PRINT TO THE DIGITAL WORLD
June 12, 2018
Industry trade association the Federation of Commercial Audio-Visual Libraries International has ceased publication of its quarterly journal Archive Zones, first produced in 1988. The final edition, just out, charts the progress of the journal through “the formative years FOCAL”. Looking ahead, Federation General Manager for Outreach, Madeline Bates, says a “dynamic and engaging platform” that “embraces the digital world” is at the planning stage.