<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>paidContent &#187; photography</title>
	<atom:link href="http://paidcontent.org/tag/photography/feed/" rel="self" type="application/rss+xml" />
	<link>http://paidcontent.org</link>
	<description>The economics of digital content</description>
	<lastBuildDate>Mon, 20 May 2013 01:51:11 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
<cloud domain='paidcontent.org' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://0.gravatar.com/blavatar/89ee7e1250b4095eefb87d28e6e64947?s=96&#038;d=http%3A%2F%2Fs2.wp.com%2Fi%2Fbuttonw-com.png</url>
		<title>paidContent &#187; photography</title>
		<link>http://paidcontent.org</link>
	</image>
	<atom:link rel="search" type="application/opensearchdescription+xml" href="http://paidcontent.org/osd.xml" title="paidContent" />
	<atom:link rel='hub' href='http://paidcontent.org/?pushpress=hub'/>
		<item>
		<title>More Guardian paid content &#8211; photos go freemium</title>
		<link>http://paidcontent.org/2012/08/16/more-guardian-paid-content-photos-go-freemium/</link>
		<comments>http://paidcontent.org/2012/08/16/more-guardian-paid-content-photos-go-freemium/#comments</comments>
		<pubDate>Thu, 16 Aug 2012 11:24:08 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[paid content]]></category>
		<category><![CDATA[photography]]></category>
		<category><![CDATA[uk]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=216510</guid>
		<description><![CDATA[The newspaper is an ardent advocate of free and open online journalism. But that doesn't mean it won't charge on devices where and when it can.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=216510&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Slowly but surely, The Guardian is starting to charge for more of its digital content.</p>
<p>An <a href="http://www.guardian.co.uk/technology/video/2012/aug/16/guardian-eyewitness-app-ipad-video?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+theguardian%2Fmedia%2Frss+%28Media%29&amp;utm_content=Google+Reader">upgrade</a> to its popular <a href="http://www.guardian.co.uk/mobile/ipad/eyewitness">Eyewitness</a> photography iPad app last night adds an Eyewitness Premium option.</p>
<p>Premium (also, confusingly, called &#8220;Eyewitness Extra&#8221; in the app) includes an extra three photos per day and an adjacent Series of sporting photos for £1.49 per month. One daily photo remains free.</p>
<p><iframe style="border: 0; overflow: hidden;" src="http://gu-embedded-video.appspot.com/?a=false&amp;i=brightcove/poster/2012/7/25/120622eyewitness_6331891.jpg&amp;f=brightcove/2012/7/25/120622eyewitness-16x9.mp4&amp;u=/technology/video/2012/aug/16/guardian-eyewitness-app-ipad-video&amp;tn=Guardian Eyewitness iPad app: a tour of the new features - video:Video:1778804" scrolling="no" width="460" height="397"></iframe><br />
<!-- End of guardian embedded video --></p>
<p>The Guardian launched Eyewitness when iPad debuted in April 2010 &#8211; a year and a half before the paper launched a news app on the device.</p>
<p>When it launched, Eyewitness was made free to users by a Canon advertising sell. Many publishers at the time had launched for free on iPad with similar marketing deals, not knowing what kind of audience they may find.</p>
<p>Now the iPad audience has been shown to be large, and potentially lucrative. Guardian News &amp; Media says Eyewitness downloads to date are nearing one million. Monthly unique users in July were 156,773, it tells paidContent.</p>
<p>If a tenth of July&#8217;s Eyewitness users upgraded to Premium, then, the tier could make almost £23,500 per month for The Guardian, before Apple&#8217;s 30 percent commission. The Canon sponsorship is no longer part of Eyewitness; it&#8217;s not clear whether the decision to charge came from lack of advertiser renewal interest, or from a decision to swap ad-funding for payment.</p>
<p>This spring, The Guardian launched an <a href="http://www.guardian.co.uk/mobile/android/crosswords">Android crosswords app</a>. From July, when a beta ended, it has <a href="http://www.guardian.co.uk/mobile/insideguardian/android-crosswords-app-subscriptions-archive-packs">required</a> monthly payments of £1.49 or £1.99 beyond a two-week free trial.</p>
<p>The paper has <a href="http://paidcontent.org/2012/08/10/guardian-sees-2-1-percent-of-ipad-readers-pay/">17,000 paying subscribers</a> for its iPad newspaper edition.</p>
<p>It remains open-minded about charging for digital content, but is currently gung-ho about generating and delivering &#8220;open journalism&#8221; on the open web.</p>
<p>By launching chargeable apps, the publisher is picking off niche and utilitarian aspects of the whole about which readers feel passionate, perhaps passionate enough to pay. Neither one will be enough to generate game-changing revenue alone, but no-one will blame The Guardian for taking opportunities that present themselves in individual areas.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=216510&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=197192"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=197192" /></a></p>]]></content:encoded>
			<wfw:commentRss>http://paidcontent.org/2012/08/16/more-guardian-paid-content-photos-go-freemium/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:thumbnail url="http://gigaompaidcontent.files.wordpress.com/2012/08/ew-home-2-lores.jpeg?w=150" />
		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/08/ew-home-2-lores.jpeg?w=150" medium="image">
			<media:title type="html">EW-home-2-lores</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/9c4c8cc928020ba6394032bbb3b4bd02?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">robertandrews</media:title>
		</media:content>
	</item>
		<item>
		<title>Photocircle gives tourists a new way to help the needy</title>
		<link>http://gigaom.com/europe/photocircle-gives-tourists-a-new-way-to-help-the-needy/</link>
		<comments>http://gigaom.com/europe/photocircle-gives-tourists-a-new-way-to-help-the-needy/#comments</comments>
		<pubDate>Tue, 24 Jul 2012 15:39:00 +0000</pubDate>
		<dc:creator>David Meyer</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Berlin]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[philanthropy]]></category>
		<category><![CDATA[Photocircle]]></category>
		<category><![CDATA[photography]]></category>

		<guid isPermaLink="false">http://gigaom.com/?p=545733</guid>
		<description><![CDATA[There are plenty of sell-your-picture platforms out there already that give people the chance to become semi-professional photographers. But German startup Photocircle has a twist: it's encouraging those taking pictures to support social projects in the photogenic places they visit.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=214766&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Exotic vacation destinations provide rich source material for photographers, and yet they are also often places where people are in real need. That&#8217;s a situation new Berlin startup <a href="http://www.photocircle.net/en/home">Photocircle</a> is trying to help improve &#8212; by providing a deeper link between the two worlds.</p>
<p><a href="http://gigaom.com/europe/photocircle-gives-tourists-a-new-way-to-help-the-needy/photocircle/" rel="attachment wp-att-545735"><img src="http://gigaom2.files.wordpress.com/2012/07/photocircle.jpg?w=300&#038;h=200" alt="" title="Photocircle" width="300" height="200"  class="alignright size-medium wp-image-545735" /></a>It&#8217;s a very simple idea: If a photographer has taken a fine-art-quality snap somewhere around the world, they can upload it to Photocircle for consideration, choose the markup they&#8217;d like put on it and the percentage of that markup they&#8217;d like to see donated to charity. </p>
<p>Photocircle then sells the prints, and customers are given a list of three projects close to where the shot was taken. Once they&#8217;ve bought, the company hands over the donation &#8212; and gives an additional six percent of the base price to the project as well. </p>
<p>&#8220;There are other websites for photography, but there&#8217;s none with our concept,&#8221; founder Thomas Heinrich told me on Tuesday, the day of the launch. &#8220;You&#8217;d think someone would be doing it already, but we&#8217;re the first ones.&#8221;</p>
<p>Not all the projects are in the so-called developing world &#8212; one, for example, aims to give the less-well-off in Berlin a chance to take in culture they might otherwise miss. But the bulk are in places like North Africa, India and Latin America.</p>
<p>What kind of projects are we talking? <a href="http://www.photocircle.net/en/projects/22-relief-supplies-for-sudanese-refugees">Relief supplies</a> for Sudanese refugees. <a href="http://www.photocircle.net/en/projects/12-sponsor-olrich-in-haiti">Deprived children</a> in Haiti. <a href="http://www.photocircle.net/en/projects/11-a-sponsorship-for-sannchay-in-cambodia">Health education</a> in Cambodia.</p>
<p><a href="http://gigaom.com/europe/photocircle-gives-tourists-a-new-way-to-help-the-needy/photocircle-homepage/" rel="attachment wp-att-545737"><img src="http://gigaom2.files.wordpress.com/2012/07/photocircle-homepage.jpg?w=300&#038;h=200" alt="" title="Photocircle homepage" width="300" height="200"  class="alignleft size-medium wp-image-545737" /></a>The photographers need to give at least 30 percent of their revenues to the projects, but according to Heinrich, many of those who signed up during the closed beta have chosen to give as much as 70 percent.</p>
<p>Photocircle is quite keen on <a href="http://www.photocircle.net/en/how-it-works/about-us/transparency">transparency</a>, and some of those it&#8217;s partnered with are pretty high-profile, notably the UNHCR refugee agency and Plan International, the children&#8217;s development organization.</p>
<p>Early funding for the scheme comes from the European Social Fund, the Berlin Senate and the Beuth Technical University. According to Heinrich, Photocircle does want to be profitable at some point, but that&#8217;s not the main consideration. &#8220;We consider ourselves a social business,&#8221; he said. </p>
<p>It&#8217;s nice to hear the term used in that context for a change.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=214766&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=177563"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=177563" /></a></p>]]></content:encoded>
			<wfw:commentRss>http://gigaom.com/europe/photocircle-gives-tourists-a-new-way-to-help-the-needy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:thumbnail url="http://gigaom2.files.wordpress.com/2012/07/photocircle.jpg?w=150" />
		<media:content url="http://gigaom2.files.wordpress.com/2012/07/photocircle.jpg?w=150" medium="image">
			<media:title type="html">Photocircle</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/6599daccfd7e897e68744fe0065e5a2e?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">superglaze</media:title>
		</media:content>

		<media:content url="http://gigaom2.files.wordpress.com/2012/07/photocircle.jpg?w=300" medium="image">
			<media:title type="html">Photocircle</media:title>
		</media:content>

		<media:content url="http://gigaom2.files.wordpress.com/2012/07/photocircle-homepage.jpg?w=300" medium="image">
			<media:title type="html">Photocircle homepage</media:title>
		</media:content>
	</item>
		<item>
		<title>What the Instagram backlash says about the future of media</title>
		<link>http://gigaom.com/2012/07/19/what-the-instagram-backlash-says-about-the-future-of-media/</link>
		<comments>http://gigaom.com/2012/07/19/what-the-instagram-backlash-says-about-the-future-of-media/#comments</comments>
		<pubDate>Thu, 19 Jul 2012 22:34:38 +0000</pubDate>
		<dc:creator>Mathew Ingram</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[apps]]></category>
		<category><![CDATA[instagram]]></category>
		<category><![CDATA[notorious technology]]></category>
		<category><![CDATA[photo-editing software]]></category>
		<category><![CDATA[photography]]></category>
		<category><![CDATA[smart media]]></category>
		<category><![CDATA[social-media]]></category>

		<guid isPermaLink="false">http://gigaom.com/?p=544740</guid>
		<description><![CDATA[The same kind of criticism levelled at the photo-sharing service Instagram -- that it ruins photography, or makes it cheap and shallow -- has been made about other forms of media, including blogging, citizen journalism and Twitter. And in each case the critics have been wrong.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=214450&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://gigaom2.files.wordpress.com/2011/02/3256859352_cf35412c5f_z.png"><img  title="Social media" src="http://gigaom2.files.wordpress.com/2011/02/3256859352_cf35412c5f_z.png?w=300&#038;h=202" alt="" width="300" height="202" class="alignleft size-medium wp-image-293844" /></a></p>
<p>For a simple service that lets people share their photos with others from a mobile device, Instagram gets a lot of criticism, bordering on hate. And it&#8217;s not just because the tiny startup <a href="http://gigaom.com/2012/04/09/here-is-why-did-facebook-bought-instagram/">is being acquired by Facebook recently</a> for $1 billion, which will make all of its employees exceedingly rich &#8212; it&#8217;s because some people seem to believe that the ease with which amateur photographers can post photos to the service, and the filters Instagram provides in order to add special effects to them, <a href="http://www.guardian.co.uk/technology/2012/jul/19/instagram-debasing-real-photography?cat=technology&amp;type=article">are ruining photography</a>. This isn&#8217;t really that surprising: it&#8217;s the same kind of criticism that has been made about blogging, citizen journalism and Twitter, among other things &#8212; and in each case the critics have been somewhat right, but mostly wrong.</p>
<p>In one of the most recent diatribes about the downside of the Instagram phenomenon, freelance writer and photographer Kate Bevan writes in the <em>Guardian</em> about how the use of cheap filters <a href="http://www.guardian.co.uk/technology/2012/jul/19/instagram-debasing-real-photography?cat=technology&amp;type=article">is debasing real photography</a> &#8212; which she says used to require some level of skill to produce, and therefore had some level of quality &#8212; and how apps like Instagram and other photo-editing software encourages people to click and add pseudo-artistic effects without really thinking about what they are doing. As she describes it:</p>
<blockquote><p>&#8220;For me, the Instagram/Hipstamatic/Snapseed etc filters are the antithesis of creativity. They make all pictures look the same. They require no thought or creative input: one click and you&#8217;re done.&#8221;</p></blockquote>
<h2>Should photography be left to the professionals?</h2>
<p><a href="http://gigaom2.files.wordpress.com/2011/12/instagram-icon.png"><img  title="instagram-icon" src="http://gigaom2.files.wordpress.com/2011/12/instagram-icon.png?w=140&#038;h=140" alt="" width="140" height="140" class="alignleft size-thumbnail wp-image-462598" /></a></p>
<p>Coincidentally, another rant about Instagram <a href="http://www.theatlanticwire.com/technology/2012/07/rich-kids-instagram-epitomize-everything-wrong-instagram/54744/">appeared at <em>The Atlantic</em> on the exact same day</a> as Bevan&#8217;s piece, this one by <em>Atlantic</em> Wire staff writer Rebecca Greenfield. In it, Greenfield looks at the recent meme known as <a href="http://richkidsofinstagram.tumblr.com/">&#8220;Rich Kids of Instagram,&#8221;</a> which makes fun of the cheesy snapshots that presumably wealthy users have taken of themselves with helicopters, famous people, etc. Like Bevan, the <em>Atlantic</em> writer also talks about how the filters Instagram features were actually based on classic photographic effects that often took a lot of money and time to produce, a point <a href="http://blog.mingthein.com/2012/07/14/thoughts-on-instagram-and-similar-apps/">professional photographers also like to make</a>.</p>
<p>Greenfield then discusses some of the archetypal photos that have become commonplace for users to post on Instagram &#8212; pictures of their food, their trips to exotic places, and so on &#8212; in order to make the point that the service is inherently shallow and fake. As she puts it:</p>
<blockquote><p>&#8220;Some might call the process democratizing —- everyone is a professional! —- but really, it&#8217;s a big hoax. Everyone is just pressing buttons to add computer-generated veneers to our mostly mundane lives.&#8221;</p></blockquote>
<p>These kinds of criticisms are not new, as <a href="https://www.google.com/search?&amp;q=instagram+ruining+photography">a search for the phrase &#8220;Instagram ruining photography&#8221;</a> illustrates: notorious technology curmudgeon John C. Dvorak has slammed the service as a &#8220;shlock photo-sharing app,&#8221; and The Verge <a href="http://www.theverge.com/2012/4/9/2928975/instagram-filters-ping-counterping">hosted a debate in which</a> two of its photo editors took opposite sides of the question. Dutch graphic designer Jaap Grolleman <a href="http://jackmancer.com/index.php/instagram.html">says that thanks to Instagram</a> &#8220;we&#8217;re drowning in a sea of photos and I think our ability to filter the good from the bad almost disappears&#8230; there are only so many ways you can to take a photo of sandwich you and a billion other people had for lunch.&#8221;</p>
<p><a href="http://gigaom2.files.wordpress.com/2010/10/1804295568_5b2235ab33_z.png"><img  title="Social media 2" src="http://gigaom2.files.wordpress.com/2010/10/1804295568_5b2235ab33_z.png?w=210&#038;h=140" alt="" width="210" height="140" class="alignleft size-thumbnail wp-image-163008" /></a></p>
<p>Grolleman&#8217;s comment about lunch reminded me of what people said about Twitter when it first launched &#8212; and continued to say for a long time after that &#8212; which was that they weren&#8217;t interested in people <a href="http://www.austin-williams.com/blog/post.cfm/twitter-nobody-cares-what-you-had-for-lunch-yet">tweeting about what they had for lunch</a>. By now, of course, most people have come to grips with the fact that Twitter can be a powerful tool for distributing breaking news about all kinds of global events, including <a href="http://gigaom.com/2011/11/16/memo-to-ap-twitter-is-the-newswire-now/">earthquakes, assassinations and revolutions</a>. And the same kinds of comments were made about blogs as well &#8212; that they were just for unpaid writers living in their parents&#8217; basement, and couldn&#8217;t possibly be taken seriously.</p>
<h2>More photographers are better, and more writers and journalists</h2>
<p>Running through many of these criticisms is a kind of anti-amateur argument: real photography should be left to professional photographers, real journalism should be left to professional journalists, and so on. Can tools like Instagram be used to post shallow photos of nothing in particular? Of course they can, in the same way Twitter can be used to post messages about what you had for lunch, and a blog can be nothing but a repository for your ranting about cats, or whatever your personal obsession might be.</p>
<p>But that doesn&#8217;t change the fact that <a href="http://www.slate.com/blogs/browbeat/2012/03/05/in_defense_of_instagram_news_photography_goes_well_with_vintage_cats.html">these tools also break down the barriers</a> for participation by talented amateurs of all kinds &#8212; photographers, writers, journalists and movie-makers. And smart media companies are taking advantage of this, as Sports Illustrated <a href="http://mashable.com/2012/07/17/instagram-sports-illustrated/">is by running Instagram photos</a> for the first time. A professional photo-journalist made an interesting comment in a story about Instagram that <a href="http://www.telegraph.co.uk/technology/news/8710979/Instagram-Hipstamatic-and-the-mobile-photography-movement.html">ran in the Telegraph</a> last year. As Teru Kuwayama put it:</p>
<blockquote><p>&#8220;You could make an analogy to the advent of the electric guitar or electronic music. Much to the annoyance of classical musicians, those things made ‘everyone’ a musician. I grew up on punk rock, hip hop and death metal, so I welcome the post-classical age of photography, and the explosion of amateur expression that comes with it.&#8221;</p></blockquote>
<p>That philosophy shouldn&#8217;t apply just to photography, but to other kinds of expression as well &#8212; including the explosion of amateur writing and journalism that has come through the blogosphere and Twitter and Facebook, and <a href="http://gigaom.com/2011/05/10/the-distribution-democracy-and-the-future-of-media/">what Om has called the &#8220;democratization of distribution&#8221;</a> that they allow, not to mention the explosion of self-publishing that Amazon&#8217;s Kindle has helped to create and even the use of <a href="http://gigaom.com/2012/07/17/twitter-reddit-and-the-newsroom-of-the-future/">platforms like Reddit for journalism</a>. Are there lots of shallow uses of these tools? Sure there are. But that&#8217;s not the important part.</p>
<p><em>Post and thumbnail images <a href="http://creativecommons.org/licenses/by-sa/2.0/deed.en">courtesy</a> of Flickr users <a href="http://www.flickr.com/photos/rosauraochoa/3256859352/">Rosaura Ochoa</a> and <a href="http://www.flickr.com/photos/luc/1804295568/">Luc Legay</a></em></p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=214450&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=67173"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=67173" /></a></p>]]></content:encoded>
			<wfw:commentRss>http://gigaom.com/2012/07/19/what-the-instagram-backlash-says-about-the-future-of-media/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:thumbnail url="http://gigaom2.files.wordpress.com/2011/02/3256859352_cf35412c5f_z.png?w=150" />
		<media:content url="http://gigaom2.files.wordpress.com/2011/02/3256859352_cf35412c5f_z.png?w=150" medium="image">
			<media:title type="html">Social media</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/0bdf7ab171ade0708a11fa3378e6d8cb?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">Mathew</media:title>
		</media:content>

		<media:content url="http://gigaom2.files.wordpress.com/2011/02/3256859352_cf35412c5f_z.png?w=300" medium="image">
			<media:title type="html">Social media</media:title>
		</media:content>

		<media:content url="http://gigaom2.files.wordpress.com/2011/12/instagram-icon.png?w=140" medium="image">
			<media:title type="html">instagram-icon</media:title>
		</media:content>

		<media:content url="http://gigaom2.files.wordpress.com/2010/10/1804295568_5b2235ab33_z.png?w=210" medium="image">
			<media:title type="html">Social media 2</media:title>
		</media:content>
	</item>
		<item>
		<title>Microstock&#8217;s stock is rising: $265 million for Shutterstock, Fotolia</title>
		<link>http://paidcontent.org/2012/05/16/microstock/</link>
		<comments>http://paidcontent.org/2012/05/16/microstock/#comments</comments>
		<pubDate>Wed, 16 May 2012 11:45:29 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[ipo]]></category>
		<category><![CDATA[microstock]]></category>
		<category><![CDATA[photography]]></category>
		<category><![CDATA[VC]]></category>
		<category><![CDATA[venture capital]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=208968</guid>
		<description><![CDATA[Fotolia is taking a $150 million private investment as Shutterstock goes public to raise $115 million. Coincidence? Crowdsourced-photo rivals are bulking up to challenge microstock's market-leading iStockPhoto.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=208968&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://paidcontent.org/2012/05/16/microstock/shutterstock_6589114/" rel="attachment wp-att-208969"><img  title="Happy photographer man waves wad of dollar cash notes as he is showered by falling money with cameras" src="http://gigaompaidcontent.files.wordpress.com/2012/05/shutterstock_6589114.jpg?w=300&#038;h=225" alt="" width="300" height="225" class="alignright size-medium wp-image-208969" /></a>Six years after Getty bought iStockPhoto for $50 million, it looks like the microstock photography sector, in which pro-amateur photographers sell their pictures on commission through online marketplaces, is getting a second exposure.</p>
<ul>
<li><strong><a href="http://en.fotolia.com/">Fotolia</a> is taking a $150 million investment</strong> from Kohlberg Kravis Roberts &amp; Co.</li>
<li>That announcement Wednesday appears prompted by rival <strong><a href="http://www.shutterstock.com">Shutterstock</a> having <a href="http://www.shutterstock.com/blog/2012/05/shutterstock-files-for-proposed-ipo/">lodged</a> an <a href="http://www.sec.gov/Archives/edgar/data/1549346/000104746912005905/a2209364zs-1.htm">IPO filing</a> to raise $115 million</strong> on Monday.</li>
</ul>
<div>Each service has a long history and is New York-based. But Fotolia CEO and co-founder Oleg Tscheltzoff thinks his site is still young: “After <em>only</em> seven years, this investment is a testament to our rapid progress as a company&#8221;, he said in an announcement (emphasis mine).</div>
<div></div>
<table>
<tbody>
<tr>
<td></td>
<td><strong>Fotolia</strong></td>
<td><strong>Shutterstock</strong></td>
</tr>
<tr>
<td>Founded:</td>
<td>2005</td>
<td>2003</td>
</tr>
<tr>
<td><em>Photos:</em></td>
<td>17 million</td>
<td>19 million</td>
</tr>
<tr>
<td><em>Contributors:</em></td>
<td>&#8220;Vast community&#8221;</td>
<td>35,000</td>
</tr>
</tbody>
</table>
<p>Fotolia previously took between $50 and $100 million from TA Associates, <a href="http://techcrunch.com/2009/05/22/fotolia-takes-a-massive-50-to-100-million-round-from-ta-associates/">TechCrunch reported in 2009</a>. The <a href="http://www.ft.com/cms/s/0/b8f30ddc-9eb0-11e1-9cc8-00144feabdc0.html">FT reports</a> KKR&#8217;s investment buys it half of the firm.</p>
<p>“<strong>This is a market that will consolidate</strong>,&#8221; KKR&#8217;s European media investment head Philipp Freise tells the paper, adding KKR may use Fotalia as a vehicle for further acquisition.</p>
<p>Shutterstock, in its IPO filing, cites BCC Research as projecting the <strong>stock photography market to be worth $5.1 billion by 2013</strong>.</p>
<p>It made a $21.8 million profit on $120.2 million revenue from more than 550,000 active customers &#8211; that user count is 71 percent up from 2010, and Shutterstock served 58 million paid downloads.</p>
<p>Founded by French-born Russian Tscheltzoff, Fotolia, with a largely European executive team, is especially strong in Europe, where it last year <a href="http://paidcontent.org/2012/03/19/419-microstocks-fotolia-acquires-wilogo-designer-site/">acquired</a> France-based Wilogo, a microstock upload sales site for logo designers.</p>
<p style="padding-left: 30px;"><em>Disclosure: paidContent uses images from Shutterstock, including the one on this page, taken by <a href="http://www.shutterstock.com/cat.mhtml?lang=en&amp;search_source=search_form&amp;version=llv1&amp;anyorall=all&amp;safesearch=1&amp;searchterm=photographer+money&amp;search_group=&amp;orient=&amp;search_cat=&amp;searchtermx=&amp;photographer_name=&amp;people_gender=&amp;people_age=&amp;people_ethnicity=&amp;people_number=&amp;commercial_ok=&amp;color=&amp;show_color_wheel=1#id=6589114&amp;src=cbbbd65a24547669ea0692da63c94e9d-2-40">Douglas Freer</a>.</em></p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=208968&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=617812"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=617812" /></a></p>]]></content:encoded>
			<wfw:commentRss>http://paidcontent.org/2012/05/16/microstock/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:thumbnail url="http://gigaompaidcontent.files.wordpress.com/2012/05/shutterstock_6589114.jpg?w=150" />
		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/05/shutterstock_6589114.jpg?w=150" medium="image">
			<media:title type="html">Happy photographer man waves wad of dollar cash notes as he is showered by falling money with cameras</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/9c4c8cc928020ba6394032bbb3b4bd02?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">robertandrews</media:title>
		</media:content>

		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/05/shutterstock_6589114.jpg?w=300" medium="image">
			<media:title type="html">Happy photographer man waves wad of dollar cash notes as he is showered by falling money with cameras</media:title>
		</media:content>
	</item>
	</channel>
</rss>
