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What is Rights Managed (RM) stock photography?

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What is Rights Managed (RM) stock photography?

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Rights Managed Licensing or Traditional Licensing allows the photo buyer to license an image for a specific use, and specific amount of time. Because of it’s more limited distribution, Rights Managed images are frequently preferred for more high profile projects over Royalty Free images which are less regulated. Fees for RM images are calculated from multiple factors which include the nature of the intended use, the term, geographic distribution, size of reproduction, media type, and the size of the print run or distribution. Protected rights licensing (exclusivity) may be available for some RM images. Additional fees can grant exclusive rights for the term of the license, geographic locality, specific industry, etc. The more narrowly defined the exclusivity the less the premium charged. The most common RM licensing period is “one-time use.” These RM fees typically range from $75 to about $2,000, with the average fee being about $300 to $500. Protected RM licensing fees can range from

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