kbg32
neo-romanticist
Photographers had the chance 12 years ago to do something about the way the industry was headed. Getty was the first to lower the commission rate on stock sales at that time by 10%. Corbis and others had to do so to compete. The photographers in the industry lost their chance to band together and go on "strike" against the industry's business practices. Getty threatened to terminate all contracts against those that refused to sign the new agreements. There were and are many young photographers out there who are itching at the chance to produce work to garner them income. Getty and other agencies paid them a day rate to produce imagery that in the end would be wholly owned by the agencies themselves, thusly cutting off any future income for the photographer that those images would produce. These "younger" photographers, just getting into the business, and not understanding or aware of past industry history, gladly signed these agreements. They got their $500-$1000, whatever, per day, and that is all they were concerned with. Not knowing that these images probably over the next couple of years, netted 2-3 times or more.
Microstock? Shutterstock? Stupid? By no means no. Like it or not, smart industry practice by the way things are going, and the way things are.
Do I like Getty selling my RM images for $1, of which I get 30-40%? Of course not. I have a family. I need to make a living.
Can money be made? In a word yes. But you have to understand where the market/industry are, and where it's going. You can't go in blindly. The industry is extremely oversaturated with imagery. Do something different that hasn't been done. Develop your own style/vision. Get it out there. The world will find you.
Isn't there an old saying, "Change or die"?.
Microstock? Shutterstock? Stupid? By no means no. Like it or not, smart industry practice by the way things are going, and the way things are.
Do I like Getty selling my RM images for $1, of which I get 30-40%? Of course not. I have a family. I need to make a living.
Can money be made? In a word yes. But you have to understand where the market/industry are, and where it's going. You can't go in blindly. The industry is extremely oversaturated with imagery. Do something different that hasn't been done. Develop your own style/vision. Get it out there. The world will find you.
Isn't there an old saying, "Change or die"?.