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SAA Issues Statement . . . |
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Written by Ron Rovtar, Managing Editor, the Stock Asylum
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Friday, 07 December 2007 |
 An organization of stock photographers has issued a statement saying it has reviewed allegations that the Index Stock division of Photolibrary owes photographers as much as $2.2 million and has concluded that a problem does exist.
"Over the past two weeks, SAA (Stock Artists Alliance) has also communicated with a group of members who are Index Stock contributors and who authorized SAA to review their records, including past Index Stock statements and documentation of payments received."
The group said the records supported statements in e-mails sent to photographers by Carlos Santos, a former controller at the company. Santos, who was dismissed Nov. 15 after sending the e-mails, suggested that Photolibrary owes many contributors money for royalties not paid by Index Stock's previous owners.
Continue reading SAA Issues Statement . . .at the Stock Asylum (SUBSCRIPTION REQUIRED)
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