If you are planning to get into photography industry or new to photography and want to make some money from your photos, then you should know the terms Stock photography and Royalty Free photos.
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The well known market leaders in this business are Getty and Corbis in terms of their revenue but there are other popular sites like istockphoto, bigstockphoto etc. which offer much competitive pricing.
Royalty free photos are not that they are not licensed but instead you can use those photos many times and have to pay each time for usage.
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