Turning RM Into Microstock

Posted on 12/18/2015 by Jim Pickerell | Printable Version | Comments (2)

Ever since Getty Images invented Premium Access (PA) licensing image creators have been upset that their images were being licensed to some users for ridiculously low prices. Often images licensed in this manner are ones that have been extremely costly to produce. For at least one contributor Rights Managed PA sales now represent 66% of total sales at an average price of $12.00 and over half the sales are for $4.35 or less.


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Copyright © 2015 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-251-0720, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

Comments

  • Grant Faint Posted Dec 20, 2015
    I have been involved with stock photography since 1985 with The Image Bank. I have sold millions of dollars worth of images in that time. We have reached a point where it is impossible to make money from stock images due to price competition. I have had conversations with stock image buyers and they can't believe how cheap photographs have become. They have a guilty smile on their faces.

  • Richard Gardette Posted Dec 20, 2015
    "Of course, we know that it is our duty as small, independent business creators to subsidize large corporations so their senior executives and investors can live well and enjoy the fruits of our labor."
    Capitalism was always difficult to bear for small business actors; hyper capitalism of today has became hyper difficult to bear.
    Let's pray for ourselves.
    R.Gardette

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