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History

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First stock photo companies (1920–1930s) edit Newspapers and magazines were first able to reproduce photographs instead of line art in the mid-1880s with the invention of the half-tone and its use on a printing press. Initially starting with staff photographers, independent free-lance photographers eventually took over. One of the first examples of a stock photo was circa 1920 when American photographer H. Armstrong Roberts ensured that the people photographed in "Group in Front of Tri-Motor Airplane" all signed model releases. This allowed the photograph and others like it to be commercially viable. In an effort to save the cost of hiring photographers for commission-based photo shoots, publishers and advertisers began to consider stock photos as a less risky alternative. One of the first major stock photography libraries was founded in 1920 by H. Armstrong Roberts. The Bettmann Archive in New York is an example of an early traditional stock agency, with the company deliver...
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Types of stock photo licenses

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Public domain (PD) edit In relation to photography and graphics, public domain (PD) means the image is free to use without purchasing a license, and can be used for commercial or personal purposes. Works in the public domain are those whose exclusive intellectual property rights have expired, have been forfeited, or are inapplicable. Royalty-free (RF) edit In photography and the illustration industry, royalty-free (RF) refers to a copyright license where the user has the right to use the picture without many restrictions based on one-time payment to the licensor. The user can, therefore, use the image in several projects without having to purchase any additional licenses. RF licenses cannot be given on an exclusive basis. In stock photography, RF is one of the common licenses sometimes contrasted with Rights Managed licenses and often employed in subscription-based or microstock photography business models. Rights-managed (RM) edit Rights Managed (RM) in the stock photo industry (somet...
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