Photographers have been shocked by curt notices from Murdoch's News
International telling them that the Times is unilaterally reducing
its space rates. (This has also been reported by the Press Gazette)
Live News rates.(all in square inches. And sterling)
0-10" 90 down to 54
11-25" 130 down to 90
over 25" remains at 130
Stock rates.
0-6" 40 down from 75
7-10" 50 down from 110
over 10" 90 down from 110
Photographer response ranges from incredulous to disgust. These rates have been static for fifteen years, so the figures speak for themselves. What's more, the sterling exchange rate is going south. And most nationals insist on grabbing all electronic rights to the images. Some snappers are holding firm, in the knowledge that when that one needed image is unattainable elsewhere, the photo editors wil come crawling. Possibly....
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