That’s some news. Sounds like a lot of it is about money and fees; always odd to have a two tier system.
“We’ll keep that as a small percentage. We don’t want to be onerous, but there’s a value to VII and assuming the photographer submit their portfolios, they’re subscribing to that value. So we want a financial participation.” Asked whether this fee could reach the 10%-mark, Mayes acquiesced. Of course, that fee will be charged in addition to the 60% taken on all resales and the 35% from all assignments arranged or managed by the agency. “It’s a way of making sure there’s a commitment from the members,” says Mayes. “By making that financial contribution, it sends a message that the photographers are there for the agency. It’s a way of securing that commitment.”
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That’s some news. Sounds like a lot of it is about money and fees; always odd to have a two tier system.
“We’ll keep that as a small percentage. We don’t want to be onerous, but there’s a value to VII and assuming the photographer submit their portfolios, they’re subscribing to that value. So we want a financial participation.” Asked whether this fee could reach the 10%-mark, Mayes acquiesced. Of course, that fee will be charged in addition to the 60% taken on all resales and the 35% from all assignments arranged or managed by the agency. “It’s a way of making sure there’s a commitment from the members,” says Mayes. “By making that financial contribution, it sends a message that the photographers are there for the agency. It’s a way of securing that commitment.”