With the onset of the pandemic and slowdown in production, income from stock photography has become an increasingly important source of revenue for many photographers. Getty Images and iStock have recently announced a new program to provide grants to emerging photographers interested in entering the stock photography market.
Designed to support emerging photographers, the company’s new cash grant initiative, “Definition Future,” driven by the Creative Bursary, will provide three cash grants in the amounts of $10,000, $7,000, and $3,000. The three winners would also be able to license the imagery created as part of the grant on Getty Images while keeping a 100% royalty; however, the winners are not required to license their imagery through the agency. You would also have access to guidance from the Getty Images creative staff as well.
The contest is open to emerging artists with less than five years of experience in the industry. Artists can be photographers, videographers, or illustrators. To submit, you’ll need to include a link to your existing portfolio, compose a 200-500-word summary of your project proposal, and fill out the online application form.
To learn more about the program, visit the site.
Image courtesy of Getty Images / Artur Debat
And for all the emerging artists who don't win, they'll continue to be paid 4 cents per image sale.
can we see the contract you have to sign to enter contest? it says winners will be able to license. what about people who don't win? hope it's not a rights grab for those who do not win.
Good question, Yin. I don't believe entering automatically means they get to license the images. BUT, don't take my word for it, and do read the fine print.
https://fstoppers.com/news/entering-photo-competition-you-give-your-copy...
This was a timely answer to my question.