Joined Stock Artists Alliance 3 months ago, and now my membership is being transfered to Professional Photographers of America. SAA is shutting down as a consequence of the dramatic downturn in the stock business. A downturn mainly caused by the pressure from microstock agencies and new competitive licensing models from all agencies. Models that are resulting in a tremendous accumulation of photos at subscribers and a great decline in prices, cashflow and revenue.
It’s sad that SAA will no longer be there with forums focused on the stock business. I’ll also miss KeyWords – the quarterly magazine, but the stock business will of course go on. The prices were far too high 10 years ago when the market was dominated by the old stock companies. Now the commissions to photographers are far too low, and a lot of photographers are leaving the market again. I’m sure that the stock photo market will “calm down” and find a new steady level with prices and commissions that are fair to buyers, agencies AND photographers. It’s just a matter of time.
Until then we’ll have to carry on without a trade association