I love sharing when my photos are published in magazines, but I do cringe a bit when I do because I know it may give the impression to other photographers that licensing images to magazines is a great way to make more money in their business.
But I've got some bad news - magazines have very small budgets for licensing photos.
And the smaller the circulation, the less they have to spend. And it's really not the fault of the magazine - readership is down for almost all forms of print publication. Fewer subscribers means they can't charge as much for advertising which means a smaller budget for content.
If you look at the credit line for many of the images in equine publications, you'll see that a lot of the images are licensed through Shutterstock or iStock, so they are paying around $5 an image or less.
But I will admit, it's fun seeing my images in print! And figuring out what to charge for editorial licensing is easy - ask what they pay for usage. I generally just go along with their standard rates, with a minimum of $35 in order to make it worth my time to send the file and an invoice.