Posted 07/10/08 at 01:33:15 AM by Pulkit Chandna

Yahoo and Getty Images have signed an agreement that will add a rather serious, commercial shade to Yahoo-owned Flickr image hosting website. Now photographers of all pedigrees can reap the rewards of their artistry as Getty will be allowed to purchase the Flickr images of its choosing.

Of course, the respective owners of the images will have a right to refuse a request from Getty. Getty is going through a rough financial patch and this move is clearly a gambit to get out of it. Getty had very recently introduced a cheap web images package for only $49, a move that drew flak from photographers.

It appears as though that most of the images that Getty will buy from Flickr users would be used for its cheap web images package. All Flickr users will have to sign a contract with Getty images before they can be recompensed for their work. The payment will be based on size and use of the image. Getty will launch a new Flickr-branded image collection for selling images acquired from Flickr members.

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flickr, Yahoo, deal, getty images