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Another major shift that the article neglects to mention is global arbitrage. The advancement of camera + software quality and accessibility means people can ma
by masona 7y ago
Another major shift that the article neglects to mention is global arbitrage. The advancement of camera + software quality and accessibility means people can make great pictures anywhere.
These days there are a lot of studios in the stock houses like Getty and Shutterstock that are based in Eastern Europe, or Asia, where the small amounts of money from stock images can really add up over time.
Copying styles, compositions and concepts of historically successful stock images means these producers make out quite well for their regional market by selling to more expensive markets.
Photo prices are going down for American photographers but it's still good money for smaller economies.
- iudqnolq 7y agoPicking on you a little, but I see lots of comments like this one on HN: Unsourced, industry inside knowledge, stated authoritatively, confirms my biases and fits into a narrative well known amoung the kinds of people who read HN. I'm not really sure what the solution is. Thoughts?
- tehwebguy 7y agoI’m not sure people need to use a citation when effectively just saying “opening a market up to the world drives prices down”
- iudqnolq 7y agoExactly. It's not making a controversial claim. But it is telling a specific story. And it's interesting because of that. If the comment was what you'd written to summarize it I wouldn't have payed it much attention. Also, it's selection bias if "obviously sensical" anecdotes are believed and ones that disagree with our preconceptions aren't.