News

Global stock market worth $282 million

In New York, the Association of Commercial Stock Image Licensors (acsil) has pegged the value of the international stock footage industry at us$282 million. Beyond estimating the size of the market, the 'ACSIL Global Survey of Stock Footage Companies 2007' report also examined factors such as the state of digitization; the nature of current license agreements and rights packages; the emergence of new markets and customer types; changes in order volume; and current approaches to marketing and new business development.
July 1, 2007

In New York, the Association of Commercial Stock Image Licensors (ACSIL) has pegged the value of the international stock footage industry at US$282 million. Beyond estimating the size of the market, the ‘ACSIL Global Survey of Stock Footage Companies 2007′ report also examined factors such as the state of digitization; the nature of current license agreements and rights packages; the emergence of new markets and customer types; changes in order volume; and current approaches to marketing and new business development.

The ACSIL paper also breaks down the industry by geographic distribution. About 48% of the companies analyzed were based in the United States, and accounted for $170 million in gross revenue – or 60% of the global market – while 24% were based in the UK, and were valued at $63 million. For more from the survey, visit www.thrivingarchives.com.

About The Author
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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