Re: Whose images?
Well, all it needs is another competitor selling images and giving 41p to the creators, and unless Getty are doing something illegal they should start raking it in, right?
It's the same argument about Kindle, etc. My father-in-law is a published author, dozens of works to his name, huge sales figures over his lifetime.
His new books, his agents can't sell and only give him a pittance when they do. He puts the same book on a private website, a dozen other services, he gets a pittance of sales and even though through his own site he gets nearly 100% of the cost, he has to discount heavily to get anyone actually buying them - including the books that were previous best-sellers in physical form and translated into a dozen languages.
He puts them on Kindle, himself, no other middle-men, and he makes money straight away. And though the percentage is nowhere near 100%, he makes money because consumers go to Kindle FIRST almost every time. That's not monopolistic unless Amazon actively abuse that. At one point his books were removed from Amazon, and he devoted his full-time career as an author to getting them up anywhere else, on every other service. He moved immediately back to Kindle the second that the dispute was resolved (which took months) because it had taken him from "making a nice amount on top of his pension" to "you might get a coffee a year if you're lucky" and far, far, far more effort (in terms of marketing, conversion, uploading, etc.) than it was ever worth elsewhere.
In the same way, people looking for stock images are going to Getty first despite there being a thousand other companies doing the same thing. So they can throw the creator only a gnawed bone, and the people getting their images are perfectly happy.
I don't work for any associated companies in this space (unless you count hosting my father-in-law's website for him), by the way. And I don't necessarily think it's fair or right. But your sport photographer friend will know - if he sells his images to ANY other company in that space, he won't make as much as Getty give him, in the long-run. Doesn't mean they aren't conning him, but also doesn't mean they're doing anything "wrong" if there are no serious competitors able to provide the same.