Flickr will be shutting down its stock licensing business Marketplace but just two years after launching the business.
In an email to Flickr users published by TechCrunch, the shut down will occur gradually over the course of “several months.” Flickr will continue to pay royalties for any images purchased during the shut down period.
As to why Marketplace is on the way out, Flickr cited “consistent feedback” from users that more worked needed to be done to improve the platform.
While licensing is being phased out, Flickr did hold open the door for some kind of return, noting that a survey it was distributing to its Marketplace customers could “help shape possible decisions for any licensing opportunities in the future.”
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