On the general premise that a picture is worth a thousand words, does it also follow that a picture is worth only $2.28, even if it’s the President of the U.S.?
Big shakeups have come in the last few days via Getty Images. First they announced that stock photography can now be embedded on websites for free. Less significantly, but interesting nonetheless, they have also pulled away from their licensing arrangement with Flickr. And last year, it was discovered that Google had licensed thousands of Getty’s images in order to make them freely available as clip art to Google Drive users.
Yet another case of “stop the insanity” to beset our industry. By the way, the amounts you see here are the gross billings for these pix. What ended up in my pocket is a whole lot less.