Alamy just dropped the sales commission they pay to photographers to 40% from the long standing 50%
On hearing the news through our reader network this afternoon PhotoArchiveNews.com contacted the photo agency who told us they are not putting anything official out to news sites -just to contributors- but confirmed the news and allowed us to embed the above video in which James West, the boss at Alamy, explains the need for change.
• The new commission structure will land Feb 2019.
Getting to the point where it’s barely worth shooting stock, the suits just take it all.
It actually means photographers revenue will be cut by 20%. £200 of sales used to earn £100, now £80, so equates to 20% of the photographers commission. Ideal time for a new business to start and offer 50-60%
That’s why I’m thinking of withdrawing all my photos from Alamy.
As a relatively new contributor to the Agency this will not hurt me as much as it would to long-standing contributors with thousands of images on file.
Alamy is not the photographer-friendly stock agency that they claimed.