Amateur photographers are shaking up the global market for licensed images

Amateur photographers are shaking up the global market for licensed images far quicker than video is for broadcasters, and even Bill Gates's privately held image bank, Corbis, is having to reinvent itself. The Sydney Morning Herald reports.

"So dramatically successful has been the arrival of online sites aggregating and selling images created by hobby photographers and artists that the global head of Corbis, Gary Shenk, predicts sales of amateur snaps will triple in the next five years to control 25 per cent of the $US2 billion ($2.1 billion) global market."

emily | 10:24 AM | Citizens as Camera Phone Reporters |
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