List Prices Mean Nothing

Posted on 7/5/2020 by Jim Pickerell | Printable Version | Comments (2)

What’s an image worth? Owen Franken sent me his image (shown below)  of sliced duck in a Paris restaurant as it appears on the Getty Images website. The list price on Gettyimages.com for a large file is $475 Euros. If all the customer needs is a very small file, only suitable for online use, the price is only 50 Euros. Getty licensed this image to a customer in Canada for $0.14 and the photographer received $0.03 for his work. The photographer’s royalty share of the gross sale price is 20% so actually the photographer was only entitled to $0.028, but in a moment of generosity Getty rounded the payment to the next highest cent.


Get the Full Article (1 Credit)

Have an Account?

Access to this site is an exclusive benefit for you. Enter your username and password in the form above. If you don't remember your password you can reset it at any time.


Forgot your password?

New to Selling Stock?

Selling Stock is an on-line newsletter that reports on developing trends in the stock photo industry. It is updated at least twice a month. On-line subscribers receive e-mail notification whenever new stories are posted. Archives containing stories going back to late 1995 are fully available to subscribers.


Copyright © 2020 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 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Comments

Post Comment

You must log in to post comments.