No Shelter for Photoshelter Collection
Photoshelter Collection Shuts Down
Sad news today, as Photoshelter announced it was winding down the Photoshelter Collection. No new submissions effective immediately and everything wound down by Oct 10th.
Photoshelter was stated to support the offline storage needs of photographers. It expanded to support direct sales by photographers and then added a stock photography business called the Photoshelter Collection in early 2007.
Unfortunately, Photoshelter has decided to shutdown the stock photography side of the business, but will still engage in archiving and direct sales. Sales of their stock photography were not up to plan and the decision was made to terminate the investment.
The Photoshelter Collection was unique in that in tried to reverse the trend of treating photographs as commodities. Instead of the insulting 20% offered by microstock agencies, they offered 70%.
I guess the good news is their excellent archiving and direct sales service is still going to be available. It looks like this was a difficult decision in difficult economic times. I hope staff are ok and offered other positions/projects within the company. Having been through layoffs myself, it's the human costs that are underestimated.
Strangely enough, I made my first sale with them yesterday.
Sad news today, as Photoshelter announced it was winding down the Photoshelter Collection. No new submissions effective immediately and everything wound down by Oct 10th.
Photoshelter was stated to support the offline storage needs of photographers. It expanded to support direct sales by photographers and then added a stock photography business called the Photoshelter Collection in early 2007.
Unfortunately, Photoshelter has decided to shutdown the stock photography side of the business, but will still engage in archiving and direct sales. Sales of their stock photography were not up to plan and the decision was made to terminate the investment.
The Photoshelter Collection was unique in that in tried to reverse the trend of treating photographs as commodities. Instead of the insulting 20% offered by microstock agencies, they offered 70%.
I guess the good news is their excellent archiving and direct sales service is still going to be available. It looks like this was a difficult decision in difficult economic times. I hope staff are ok and offered other positions/projects within the company. Having been through layoffs myself, it's the human costs that are underestimated.
Strangely enough, I made my first sale with them yesterday.
posted by Scott MacQuarrie at
9:56 PM
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