Getty Images introduces ThinkStockPhotos.com

February 3, 2010 by
Filed under: Buy Stock Photos, Microstock News, Sell Your Photos 

Getty Images recently announced a new stock photo site offering images by subscription. Many believe ThinkStockPhotos.com was created to compete with the market leading subscription site Shutterstock.

Although image buyers may like the new subscription site and price range, it seems many contributors are not so happy. With the opening of ThinkStockPhotos.com comes the closing of StockXpert.com. StockXpert was a fairly well performing site for contributors and had a nice following of buyers. StockXpert was acquired by Getty Images in their purchase of Jupiterimages.

ThinkStockPhotos is also cutting the royalty rate to the artists for their image sales. Shutterstock is paying their contributing artists up to 50% more than what has been announced for ThinkStockPhotos. This puts ThinkStockPhotos at the bottom of the industry for subscription royalty rates.

Only time will tell how this all plays out. There is an uproar in the non-exclusive microstock contributor community. It will all be watched closely. You can make your comments below.

Related posts:

  1. StockXpert is Closing It’s very sad to announce that StockXpert is closing this month. Getty Images, who owns StockXpert now after the Jupiterimages...
  2. Shutterstock Reaches 10 Million Photos Shutterstock, the world’s largest stock subscription site, has reached 10 million stock photos online for sale. When I checked the...
  3. ThePhotoStorage.com is Closing Well, another one is closing this year. Here is the email I received: Dear Member: We regret to inform you...
  4. moodboard is dropping its microstock collection If you were thinking about selling microstock through moodboard, you are too late. Moodboard states HERE that they will no...
  5. DepositPhotos now has an affiliate program Just a quick post to let everyone know about the new affiliate program at DepositPhotos. Along with the new ability...

Tags: , , , , , , , , , , , ,

Comments

Tell me what you're thinking...





CAPTCHA
*


  • Stock Photos at Microstock Prices

    Royalty Free Images

  • Wondering how to Sell Your Photos?

    Check out the "Sell Your Photos" section to learn about getting started.

  • Microstock Forum

    We have added a new forum! Click here to join in on the discussion. Post your stock questions and find answers from others already in the stock industry.

  • Add Your Site to the Directory

    We get a lot of traffic and we share. Click here to get listed in the Microstock Directory.