Does Elimination of Foreign Office Fees Benefit Corbis Photographers?
Posted on 11/9/2010 by Jim Pickerell | Printable Version |
Skeptical photographers are struggling to understand whether Corbis’ new Contributor Gateway and the elimination of foreign office fees will actually benefit them. Many have focused on the royalty reduction from 40% to 37.5%. In order to participate in the Gateway, contributors must sign a new contract with Corbis and agree to this lower royalty rate. However, the 35% foreign sales office fee that is currently being deducted from sales made by any office outside the contributor’s home territory will be eliminated
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