- Struggling picture agency Red Cover owes photographers thousands:
Red Cover, based in Balham, south London, that owes nearly £500,000 to creditors has told freelance photographers and writers it will not be able to pay them for up to two years. The agency supplies home interior pictures to Getty Images, and provides some editorial content.The company´s accounts, filed in March 2007, show it had total assets of £218,050 and outstanding debts to creditors of £498,232.
Sounds familiar? More in Press Gazette UK/Patrick Smith.
- Digital Railroad raises its prices:
- If you sell a picture through their "MarketPlace", the slice they take has gone from 20% to 30%.
- If you sell a picture directly from your own library, without the aid of their Marketplace, and your buyer uses a credit-card online, their fee has gone from 5% to 10%.
- Out Of The Micros:
I find myself wondering what had come over me and why anyone would sell their images for such low prices? I have decided to slowly leave the micros. I have either deleted or requested account closure from most of them, left my Shutterstock, iStock, and Dreamstime accounts open for the moment and just started to submit many of these images to Alamy. [...]
One thing I do have to say, though. And that is that the quality of the images at the leading micros are very high with every image being carefully inspected ... which does make me wonder why many buyers would stick with macro agencies unless it is for images that are Rights Managed.
- Getty Images and Kobalt Music Group Sign Global Administration Deal.
Film Music Magazine.
The new Jewish dimension of stock photography.