Irony is an overused word…. but I’m pretty sure this is an example. Time Magazine recently used Istock to find an image to use on their cover about frugality.
The photographer posted on Model Mayhem about how he was paid 30 dollars. Not bad for a magazine with a distribution of over 3 million!
Although the photographer is happy with a tearsheet, the magazine only gives Istock the photo credit.
The discussion over there is pretty interesting. One commented “To put it another way, Time magazine paid the bike messenger more to carry the proof from one office to another.”
I’m not a “biz whiz”, but I’d say this isn’t a happy thing for the photo world
UPDATE: You can buy a matted copy of this cover for 20 bucks, 2/3 of what the picture cost!