stock photography ::
Rights Managed vs Royalty Free
Currently stock photography has two 2 business models: "Royalty Free" and "Rights Managed."
Royalty Free is imagery that is licensed once for multiple uses. It is generally cheaper than a "Rights Managed" image. Under the "Royalty Free" model individual picture history cannot be provided - records are not kept. Knowing a picture's usage history can sometimes be important - has your competitor just used the same or similar picture? It happens:
Rights Managed work is imagery that is licensed for specific and finite uses. It generally offers the licensee more control over the picture's past and possible future usage.