Dreamstime

DreamsTime.com is an online royalty-free microstock provider based in Brentwood, Tennessee.[1][2][3][4][5][6]

DreamsTime.com
TypePrivate
IndustryStock photography, stock footage, stock music
Founded2004 (2004)
Headquarters
Brentwood, Tennessee
,
United States
Key people
Serban Enache (CEO)
ProductsStock Photos by DreamsTime, DreamsTime Companion
ServicesLicensing of stock media
Number of employees
51-100
Websitewww.dreamstime.com

History

The company started in the year 2000 as a website selling royalty-free images and was redesigned as a “community enabled” microstock provider in 2004, entering the market after its rivals iStock and Shutterstock.[7] According to Nashville Business Journal, the company had sales approaching $10 million on the year 2007 with revenue growing expected to grow to $15 million in 2008.[8] Their image database consisted of 25 million files from 170.000 different contributors[9] from all around the world in the year 2014 and of 49 million files in November 2016.[10][11] In 2020 Dreamstime releases new Upload for a faster AI enhancements, Dreamstime looking to provide easy-to-use innovative solutions to a growing number of photographers looking for remote work opportunities.[12]

Facilities and staff

Dreamstime is headquartered in Brentwood, Tennessee, USA. Serban Enache is the CEO, Owner & Co-Founder of Dreamstime, a platform with 64 million stock images, and is currently the world's largest stock community with 18 million users.[13][14][15]

Business model

Dreamstimestock photographs are licensed around the world through the website with the individual contributors curating their own image portfolios and providing their own image info and search keywords with the company handling image hosting and providing the search tools to find the images.[8][16] Like most other microstock companies, DreamsTime accepts anyone as contributor and relies on them to grow their file database.[17] The images are licensed as royalty free, meaning one license has unlimited uses. Prices of the licenses images vary from $0.20 to thousands of dollars, of which the contributor receives a percentage.[10] Besides stock photography and illustrations the company also allows curation of stock footage.[10][18]

In 2004, still an era without Facebook and certainly no big data AIs would tell, for example, what color code the app should use. In 2011, DreamsTime reports record year with more than 4.2 million customers.[19]

As of September 2017, DreamsTime numbers 18,000,000 registered members, more than 300,000 contributing photographers and over 64,000,000 photos, illustrations, cliparts and vectors. With unique visitors exceeding 11,000,000 monthly, the agency occupies the 2nd place in stock photography audience and image licensing worldwide. (December 2007 historical data: 500,000 registered members, 26,000 contributors, 2,000,000 images online and 4,000,000 unique views).

DreamsTime's imagery is targeted for individuals, private sector and Fortune 500 companies.[20]

See also

References
  1. "Dreamstime | crunchbase". www.crunchbase.com. Retrieved 2017-09-04.
  2. "Dreamtime New Artificial Intelligence System | DMLA". blog.digitalmedialicensing.org. Retrieved 2017-09-04.
  3. "Hey photographers, AI is helping editors determine which photos make the cut". Digital Trends. 2017-03-17. Retrieved 2017-09-04.
  4. "Dreamstime Incorporates Shared Images on Facebook Into New Personalization Feature". Retrieved 2017-09-04.
  5. "Dreamstime Launches Wordpress Plugin for Stock Photos". Retrieved 2017-09-04.
  6. "Dreamstime Stock Photos". WordPress.org. Retrieved 2017-09-04.
  7. Torrens, Lee (10 June 2007). "Dreamstime". Microstock Diaries. Retrieved 6 August 2017.
  8. Bryant, Linda (23 December 2007). "Dreamstime has $100M dreams". Nashville Business Journal. Retrieved 6 August 2017.
  9. "Dreamstime Surpasses 25 Million Images | DMLA". blog.digitalmedialicensing.org. Retrieved 2017-09-04.
  10. Scott, Harrison (3 April 2014). "Why a Brentwood CFO and single mom doesn't stress out over work-life balance". Nashville Business Journal. Retrieved 6 August 2017.
  11. Gibson, Steve (3 November 2016). "Dreamstime". Microstock Insider. Retrieved 6 August 2017.
  12. "Dreamstime releases new Upload, now faster with AI enhancements". FREE UK Press Release Distribution. Retrieved 2020-11-15.
  13. "Ep. 101 – Serban Enache – Co-Founder of Dreamstime - Hustle & Deal Flow". Hustle & Deal Flow. 2017-04-18. Retrieved 2017-09-04.
  14. "Stock Photography for Your Facebook Timeline". PetaPixel. 2012-06-02. Retrieved 2017-09-04.
  15. "NEWS | CEPIC". cepic.org. Retrieved 2017-09-04.
  16. Levine, Robert (4 April 2007). "Photo wars: A $2 billion business gets rough". Business 2.0. Retrieved 6 August 2017.
  17. Taub, Eric A (5 June 2007). "When Are Photos Like Penny Stocks? When They Sell". NY Times. Retrieved 6 August 2017.
  18. Dove, Jackie (2015-05-05). "Dreamstime Launches On-the-Go Stock Photo Search". The Next Web. Retrieved 2017-09-04.
  19. "DreamsTime Reports Record Year With More Than 4.2 Million Customers". Recent Stock Photo Industry Press Releases. Retrieved 2017-09-04.
  20. "Fortune 500 Companies 2017: Who Made the List". Fortune. Retrieved 2017-09-04.
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