THE PRICE IS RIGHT: MICROSTOCK FOR $7
Photo District News reports on the on-going effort by microstock agencies to find the optimum price for royalty-free photographs. According to Adam Brotman, senior vice-president of SnapVillage, that price is $7. SnapVillage, owned by Corbis, lets photographers assign prices to their images, and, as Brotman notes, the average price paid for images is $7. The news could be worse, since SnapVillage allows such images to be prices at $1, $5, $10, $25, or $50.