It seems that Getty wants Flickr to be the middle man in the transaction, with Getty taking a piece of the pie as well. It's not clear yet how much a license will be, or even how much of a percentage everyone is going to take, but you can be sure that with an estimated 40,000,000 registered Flickr users, and multiple millions of images from them combined, even in an "opt in" approach, you can bet that a flood of new content will be licensable, and generate revenue for many parties.
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