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Getty Images has announced a huge reduction in the royalties it will pay to thousands of freelance photographers and illustrators.
In an email to its freelance contributors, Getty announced that they will reduce royalties for non-exclusive images licensed by subscription to as low as 2¢ per license—93% lower than current royalties. 126 more words
We expect to get paid fairly for our work. By slashing artists’ royalties below the industry standard Getty Images/iStock has devalued our work. We have contacted the author of a petition to Getty Images and iStock and have received permission to post it. 75 more words