The big news in stock photography is Corbis announcement of a contest targeted to professionals. They sure are getting a lot of flack in the industry due to their terms and conditions. All images submitted forfeit or give up copyrights. They become the intellectual property of Corbis.
You can read more about in an article from Photo District News.
http://www.pdnpulse.com/2007/09/i-am-buried-in-.html
Photography Contests - Beware of the Fine Print
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