500px has entered the world of commercial photo licensing. They have launched 500px Prime which will give photographers 70% of revenue from every sale.
At the moment 500px Prime is an invitation-only service. Let's hope it will work out.
| less than a minute read
500px launches its Prime service, a new commercial stock photo service
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The stock photo market has been described in recent years as a race to the bottom. The industry is plagued by low royalty amounts – sometime pennies per photo – and the slashing of royalty percentages. It is bad business and it’s simply not fair. There must be a better way to do this.
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