By now, you have probably heard about this but, just for the sake of discussion, let’s establish the facts: iStockphoto, purveyor of very low-priced stock photography and illustration, will now start selling logos created by its community. People whose logos are approved by iStockphoto in the first 10,000-logo inventory will receive a whopping $5 and, once their logo is available for sale, they can earn up to 50% royalties at a price point of somewhere between $100 and $750 (although in iStockphoto parlance, those are 100 and 750 credits). Once a logo has been purchased by a “client,” that logo is off the inventory, a one-of-a-kind logo if you will. If you need any further clarification, you can read the announcement, nicely titled “Become a Logo Designer for iStockphoto.” And if you doubt there is a designer market for this, simply read the first few pages of this forum thread with excited reactions — by page 69 the mood has definitely changed. Since this is an In Brief, I will reserve my opinion for the comments.
POSTED BY: Armin
CATEGORY: In Brief
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