Nov 24 2008
Interview at PDN, New York 2008. State of the Art
Posted on: November 24, 2008 (6) CommentsThis is a street interview where I speak with Lee Torrens of Microstock Diaries about the changes in the stock photo industry and the gradual acceptance of Microstock. Warning: the quality is not so good.
(6) Comments... What do you think?
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That’s not “bad quality” Yuri, that’s my edgy and rough street interview style! Next time I’ll be sure to bring my RED.
-Lee
A bit short?
hoho. Lee….that’s your phone.
Nice – so they’re not banging on your door with flaming torches and pitchforks anymore?
hehe
I believe the recent changes in the industry mean we’re going to continue to see an influx of photogs switching over from macro to micro, along with the up-and-comers and stock noobs in general. This will definitely be a more competitive business in the years to come. We are definitely all going to have to keep on cranking out the fresh content, to keep that cash flow coming in!
It is pretty amazing how relatively quickly the general thought process has changed. I’m seeing more and more high end, main stream stock photographers dipping their toes in the “micro” pool. This is good and bad I suppose…good because more consistent, high quality images available will encourage more and more buyers…bad because…well, the photo’s are so incredibly great all over the board that it’s harder to stand out in the crowd. You are in a very good position Yuri because you have really pioneered the macro-stock quality at a micro-stock price and have a huge head start. I would be looking over my shoulder if I were you though as it seems like there are some big guys gunning for your top spot now.
It’s good to be pushed by competition of course. I can only imagine what the industry will look like in ten years.
I read a blog where you discussed the decline in the photography market. I remember you saying that you are have to spend considerably more money on production with a plateau in revenue income. Is this trend continuing for your industry? Are you able to continue to maintain your staff? What other strategies are you looking at to develope additional revenue? It seems to me that your business is shrinking is this true?