Royalties Of A Few Thousandths Of A Cent!

Posted on 4/2/2013 by Jim Pickerell | Printable Version | Comments (0)

Last week we wrote about the miniscule royalties that appeared on Getty’s February royalty statements. Many Getty Connect sales showed a royalty of $0.00. Getty has acknowledged that they made a rounding error on the recent statements and will report micro-royalties in fractions of a cent up to 5 decimal points in the future. Conceivably, a photographer could earn $0.00001 (one thousandth of a cent) for one license.

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Jim Pickerell is founder of, 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:  


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