Believe me, stock photography is not really a walk in the park. If you think that you can upload all your images via an automated interface and expect money in your bank account from the next month, you are going to be disappointed. It is indeed a very competitive segment similar to all other avenues in photography. However, the advantage here is that the system does not distinguish between an established photographer and an amateur. So let us explore the concept, rules, processes, tricks and pitfalls in stock photography.
What is stock photography?
Stock photography agencies are licensors to photographers’ works. Most stock agencies deal in photographs, artworks and video footage. Once you are accepted as a contributor, the stock agency assumes the right to sell your selected work – images, artworks or footages – to interested end-users. Once an image is sold, the agency pays you a certain amount as royalty.
Image Licensing
Any artistic work, including photographs, video clips, illustrations and audio recordings, is protected by copyright laws. Hence using these without express permission is illegal. Any person who intends to use an artist’s intellectual property, needs to purchase a license. A license gives the holder permission to use the media within certain guidelines, and at a set price. Licensing does not transfer the copyright to the purchaser. The copyright remains with the creator of the original artwork.
Types of Image Licenses
Stock agencies sell images mainly with two types of licenses – Royalty-Free (RF) and Rights-Managed (RM).
Royalty-Free
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