Cry me a river
Slater says he made a mere £2,000 in licensing the image - which, we're told, only just covered his travel expenses to Indonesia to obtain the photo.
I am sick of hearing this. He never knew he would get this shot and, if he hadn't got lucky, he would not have had any photograph at all which commanded anywhere near the royalties he has received.
I don't mind him arguing he owns copyright and is entitled to licensing fees - I believe he does and is - but that his outlay was only just covered is an irrelevancy, was a risk he took when he set off. Unless he can prove that he went with the deliberate intent of taking 'that photograph' as the means to break even, and from what else he has said about it, it would appear not.