Getty Images has announced (Seattle and Perpignan) a "Global $100,000 Program to inspire and empower ... the best worldwide talent in photojournalism" and "to fund visionary new work by established and rising photojournalists." The grants should empower photojournalists "to step outside the deadline and news-driven marketplace."
The view from the other side of the table: "The work of the recipients will be marketed through gettyimages.com ... Getty Images will hold a one-year exclusive rights deal with the photographers to market and license the images to its customers, delivering contributor royalty fees to photographers ... The photographers will always retain copyright".
Agonizing: "Stephen Mayes, director, Art and Commerce, commented, "... I expect to see some terrific new work that will challenge my view of the world."
Breaking it down to real numbers, the $100,000 package results in $1.666/Month for each of the five photographers. The way is a long one: "Applications for the first two grants, to be awarded in February 2005, must be postmarked by December 1, 2004. Applications for the three additional grants, to be announced in September 2005, must be postmarked by June 15, 2005."
Challenging the view of the world.
[© Image Space Joe-ks]