Posts Tagged ‘istockphoto’

iStockphoto Booting Top Photographer in Wake of Getty/Google Hoopla

iStockphoto Booting Top Photographer in Wake of Getty/Google Hoopla istockphotoseanlocke

A new controversy is brewing in the world of stock photography. Just last month, it came to light that Getty had agreed to license 5000 of its stock photos to Google while paying the creators of the images a meager one-time fee of $12. Now, one of Getty’s most successful stock photographers is claiming that his account is being terminated in the aftermath of the first hoopla.
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Google Strikes Controversial Licensing Deal with Getty Images

Google Strikes Controversial Licensing Deal with Getty Images googlegetty

Back in early December, Google announced that the company would be adding 5,000 new stock images of “nature, weather, animals, sports, food, education, technology, music and 8 other categories” for free use in Docs, Sheets and Slides.

At the time nobody knew how Google got these images, who took them, or what kind of license they came with. The mystery continued on unsolved until a week ago when an iStocker discovered one of his own images in the search results. As it turns out, the use of these photos is the result of a little known licensing deal between Google and Getty Images. Read more…

The Going Rate for a Time Cover Photo

The Going Rate for a Time Cover Photo newfrugality

Slate magazine just published an interesting article on David Hobby and his popular blog Strobist, and shared this interesting example of how the photography industry is drastically changing due to low barriers of entry:

To get a sense of just how bad things are for professional photographers right now, the story of Robert Lam is instructive. When Time needed a photo to illustrate its “New Frugality” cover story in late 2009, it purchased Lam’s image of a jar of change from stock-photo agency iStockphoto. The going rate for a Time cover had typically been $3,000 to $10,000. Lam was paid $31.50. Nevertheless, Lam declared, “I am happy”—the payment was more than he’d expected the photo to generate, and he was delighted to have a Time cover in his portfolio. Veteran professional photographers were livid, calling Lam an “IDIOT,” among other unkind words.

The article also mentions how Robert Lam earns just $4,000 from his stock photography hobby, and that the Time cover photo was shot using DIY equipment purchased from a local sign store. What are your thoughts on the changing landscape for professional photographers?