The Russian Photos Blog has an excellent writeup covering a full-out firestorm between iStockPhoto and it’s contributors. Apparently the agency is claiming that it’s fundamental business model is unsustainable and needs to decrease payments to contributors. Meanwhile, traditional stock agency photographers are gloating a bit and a few I-told-you-so’s are being thrown in as well. iStockPhoto competitors are happily taking advantage of the situation as well.
via A Photo Editor