The decline of the professional photographer
Stock photo royalties fell from an average of $280 per image in 2006 to approximately $4 by 2017 — a collapse that made stock photography commercially unviable for all but the highest-volume contributors. The rise of smartphones, affordable digital system cameras, and image-sharing platforms has eliminated the barriers to entry that once protected professional photographers, leaving only the highest-stakes genres like weddings and sports where the cost of amateur failure still creates a viable market.
