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500px now lets Prime sellers keep most of the cash from their photos
When 500px unveiled its Prime photo licensing store, it stirred up a hornet's nest -- many photographers were outraged that the image host would keep most of the cash from their sales. Give credit to the company for having a change of heart, though. It just launched Prime in beta, and the royalty rates have become much more favorable. While 500px now sells all photos at a $250 flat rate (instead of a $250 minimum), photo owners get 70 percent of that revenue; unless you regularly sell pictures at higher prices, you stand to earn considerably more per shot. You'll have to get an invitation to the beta to give Prime a chance, but the revamped service could be a sweeter deal if you'd make a pittance from rival photo services.
500px will sell your photos if it can keep most of the cash
Serious photographers who host their pictures at 500px will soon get to profit from their skills -- if not quite in they way they'd expect. The company has just unveiled Prime, a licensing store that's theoretically more lucrative than many cut-rate stock photo sites. Every image will carry a minimum $250 license fee, and photos will be ranked based on community reactions. A frequently shared photo may stand out from the pack, for instance. There's only one catch. 500px is only giving sellers a 30 percent commission, regardless of the licensing terms -- that's a considerably smaller cut than some pros are used to, and might not be as rewarding as selling the work directly to customers. Prime may be difficult to justify for full-time shutterbugs, then, but it could prove useful to hobbyists who'd like to earn some extra cash with minimal effort.
