iStockphoto and Flickr take a bite out of professional photography - SF Gate

"Time magazine sparked anger from professional photographers when it paid just $30 for an iStockphoto of a jar of coins for an April cover on "the new frugality." That photographer was proud to make Time's cover, but others say such deals hurt professionals because similar covers in the past were worth thousands of dollars."

"Time's former senior White House photographer Dirck Halstead said the deal is another symptom of the death of photojournalism."