QuestionDoes such a thing as a 1/8th or even 1/16th page licensing fee for magazines exist?
Sven and I run into an interesting argument, please read the thread here:
In the last 10 years I haven't had any request of any magazine for licensing an image smaller than 1/4th of a page. They sometimes printed this smaller, but they all bought at least the license for 1/4th of a page and I leave it to them if they want to print it smaller.
Looking at my internal resources here, I don't even find a reference to 1/8th or 1/16th licensing fees...if you for example look at a random PhotoShelter image and add it to the cart, you can use a free version of FotoQuote to find out the licensing prices for US usage. The interesting part: There is no such thing as a 1/8th or 1/16th page category either.
I also learned a lot from Seth Resnick, who used to have a lot of good pricing info online, but - I just checked - he seems to charge for this now, too. Never saw a category smaller than 1/4th there either.
It might be the way I work or something, but I didn't came across this in the last 10 years and being published in ~40 countries, some of them overlapping (Germany, USA) with Svens experience.