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TrendWatch Fast Fact: Stock Footage On the RiseNumber Of U.S. Studios Buying Stock Footage Jumps 8% In 2004
In this weekly quick feature, TrendWatch founding partner Jim Whittington offers you interesting factoids based on market research from the broadcast and graphics industries. This week, see how TrendWatch has discovered a jump in sales for stock footage resources.
Fact: 27% of U.S. visual effects/dynamic media studios/facilities plan to buy stock footage in 2004, up from 19% a year earlier.
Why should you care?
The number of studios planning to buy stock footage jumped from 19% in our Winter 2002-03 survey to 27% a year later in our Winter 2003-04 survey of U.S. visual effects/dynamic media companies. 19% plan to buy royalty free stock footage while 12% plan licensed use stock footage. Stock footage is popular among some of the Indie filmmakers where 37% plan to buy this year.
-- Excerpted from the TrendWatch Visual Effects/Dynamic Media Report Issue #4, Winter 2003-2004
Related Keywords:market research, TrendWatch, Jim Whittington, interesting factoids, graphics, stock film, footage industries. This week, see how TrendWatch has discovered a jump in sales for stock film resources.