Speaking with an agent recently (small to mid-size, top shelf roster) who told me that last year 20 or more books would go out the door each week and now it’s more like 2.
Also, 80% of jobs now come with requests to see a video reel. They commented that it reminded them of when the internet got hot and everyone wanted web rights but they had no idea what they were going to do with it.
Finally, they told me last year’s profits were up. This was chalked up to clients wanting to go with safe, proven photographers.
The books slowing down I would have predicted but that’s a pretty dramatic drop. I didn’t really think video woould take-off so quick but it makes sense that clients are asking for it even if they don’t need it or have any clue what to do with it. The profits? There are still big campaigns up for grabs each year so I’m guessing while most people are flat or down if you are a small shop and land a few of those, things are looking pretty good.