The PLUS (Picture Licensing Universal System) Coalition
announced on
Monday that three major educational publishers have pledged to adopt the image
licensing metadata standard by including PLUS term definitions in their standard
licensing contracts and asking their image suppliers -- such as stock image
agencies -- to embed PLUS metadata in all of their images within a year.
The publishers are McGraw-Hill, Pearson, and Houghton Mifflin Harcourt (part
of Reed Elsevier) -- three of the five major global educational publishers
(along with Cengage Learning and John Wiley & Sons). These publishers are
among the largest institutional image licensees.
As we mentioned in our
2007 year-end
review, PLUS is a pragmatic standard that solves a problem that has long
plagued the stock image industry, that of standardizing rights licensing terms
so that both image licensors (like stock image agencies) and licensees (like
publishers or ad agencies) can make their image licensing processes more
automated and efficient. Standardization of licensing terms should also
lead to a more economically efficient market for stock images, because licensees
will be better able to make apples-to-apples comparisons of rights among
licensors and to license only the rights they need.
Stock image agencies like Corbis and Getty Images might once have considered
economic efficiencies like these to be harmful to their positions as market
dominators. But nowadays, they face increasing competition from free photo
sites like Flickr, which only offer Creative Commons licensing terms and often
end up being conduits for unintended commercial uses of high-quality imges.
PLUS is on a positive, if deliberate, trajectory as it labors to keep its
many constituents happy while developing its specs and its momentum. It's
close to our ideal of an open standard: pragmatic, focused, not over-engineered,
and an economic win-win for all parties.