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New Sites - General / Re: Colourbox changes the royalty structure
« on: October 09, 2013, 11:45 »I think it was around 3% because they always paid the same subscription price even if it was a single image sale.Colourbox is my local agency (cos I live in Denmark)... and yes, like Jens G said, all or at least many Danish newspapers use them. I made the front page once and got 20 cents for my efforts and the credit was Colourbox.
So it is an improvement, quite a drastic one from their perspective.
Cobolt is perhaps right with a 3% royalty, because I have just got 2 euros on a 10 euro sale. That means a month ago, the agency took a whopping 98%... and the photographer got 2%.
In my mind that is unethical and worse than Getty, and iStock......
That is how they have managed to exist.... taking more than their fair share of the pie. And I also have to say that is very Un-Danish. !