Welcome, Guest. Please login or register.
Did you miss your activation email?
May 26, 2012, 10:10

MicrostockGroup

MicrostockGroup » Forum » Top Tier - Big 4 » iStockPhoto.com » iStock expanding

Microstockgroup Sponsors

« previous next »

Pages: [1] 2 3 4

Topic: iStock expanding

(Read 4853 times)

ShadySue

Premium Member

« on: May 05, 2011, 11:26 »

#link

Found via istockphoto thread.

http://news.cnet.com/8301-30685_3-20059972-264.html#ixzz1LUkpWgur

KKT's Foot-in-month Quote of the Day:
"Expansion has been tough for the company, though, because of a contributor payment system that the company judged financially unsustainable. A switch last year to a performance-based compensation scheme was painful, but in the end, only about 0.1 percent of the more than 100,000 contributors were dramatically affected, Thompson said.
Run that past me again...

"It didn't really affect most people," Thompson said. "Everyone sort of settled down."

And if we didn't, we were LOBOtomised.

Lies, damned lies, statistics and spin.


« Last Edit: May 05, 2011, 12:50 by ShadySue »	Ignore \| Logged

jen

« Reply #1 on: May 05, 2011, 11:33 »

#link

It's so disheartening. I always hope to see commentary from Kelly (as some sort of reassurance that he's paying attention?) but it seems like every time he actually says something it's a massive disappointment and proves that he just doesn't get it. Which means it's hard to hope that things will improve at iStock because its management is on a completely different page than its contributors.


	Ignore \| Logged

rubyroo

« Reply #2 on: May 05, 2011, 11:38 »

#link

Truly gobsmacking.


	Ignore \| Logged

Chico

« Reply #3 on: May 05, 2011, 11:39 »

#link

I'm dramatically affected.

Be part of 0.1 percent of more than 100,000 contributors is like win somekind of hell's lottery.


	Ignore \| Logged

jsnover

Premium Member

« Reply #4 on: May 05, 2011, 11:39 »

#link

There are two other little teasers in this article (if one can stomach reading beyond KKT's dismissal of contributor discontent).

"And one more new category coming for iStock: the PNG, (portable network graphics) format. Its big advantage compared with JPEG: it supports an "alpha" channel that lets designers mark parts of the overall image as transparent. That means objects work with colored or complex backgrounds without arduous image editing"

and

"Another IT project at iStock is the move to a new Getty system that's more flexible. Today, each new category requires a new infrastructure, but the new technology will let iStock offer new categories as just a new module."

I have no idea what the 2nd one is referring to


	Ignore \| Logged

fullvalue

« Reply #5 on: May 05, 2011, 11:41 »

#link

Maybe he gets it but just doesn't care.

Istock may find that many people did not "settle down".;they are biding their time and/or changing direction away from stock.


	Ignore \| Logged

ShadySue

Premium Member

« Reply #6 on: May 05, 2011, 11:45 »

#link

Quote from: jsnover on May 05, 2011, 11:39

"Another IT project at iStock is the move to a new Getty system that's more flexible. Today, each new category requires a new infrastructure, but the new technology will let iStock offer new categories as just a new module."
I have no idea what the 2nd one is referring to

Took me a while, but I'm guessing, as he's referring to PNG as a 'category', he means any other offering type they decide to sell, e.g. books, second-hand shoes, holidays ... <idle speculation>maybe they're aiming to take over Amazon or eBay.</speculation>
:-(


	Ignore \| Logged

rubyroo

« Reply #7 on: May 05, 2011, 11:48 »

#link

They're talking about the programming code there aren't they?

I read that as meaning that they currently have a large-scale job each time they add a new category, but they'll adopt Getty's modular approach and adding new categories will be easier and faster.

Perhaps I'm wrong, but that's how it reads to me.


	Ignore \| Logged

pancaketom

« Reply #8 on: May 05, 2011, 11:49 »

#link

wow, I'm one in a thousand... does that mean he thinks only around 100 submitters were dramatically affected? Either he is way out of touch or full of hot air.


	Ignore \| Logged

VB inc

« Reply #9 on: May 05, 2011, 11:50 »

#link

Quote from: ShadySue on May 05, 2011, 11:26

Found via istockphoto thread.

http://news.cnet.com/8301-30685_3-20059972-264.html#ixzz1LUkpWgur

KKT's Foot-in-month Quote of the Day:
"Expansion has been tough for the company, though, because of a contributor payment system that the company judged financially unsustainable. A switch last year to a performance-based compensation scheme was painful, but in the end, only about 0.1 percent of the more than 100,000 contributors were dramatically affected, Thompson said.

"It didn't really affect most people," Thompson said. "Everyone sort of settled down."

And if we didn't, we were LOBOtomised.

Lies, damned lies, statistics and spin.

hahah i was laughing when i read that. But seriously, why would he say anything else since this article is advertisement for the uninformed? It is really laughable to all who knows whats going on.


	Ignore \| Logged

Buzbuzzer

« Reply #10 on: May 05, 2011, 11:51 »

#link

I wonder what he meant by "dramatically affected", suicide maybe...


« Last Edit: May 05, 2011, 11:55 by Buzbuzzer »	Ignore \| Logged

jsmithzz

« Reply #11 on: May 05, 2011, 11:52 »

#link

So disheartening to see the COO spin these untruths to the media, especially when these moves have hurt livelihoods. He truly doesn't care at all. Note again that he's never been promoted to CEO. Not too difficult to see why.


	Ignore \| Logged

Chico

« Reply #12 on: May 05, 2011, 11:56 »

#link

Quote from: jsmithzz on May 05, 2011, 11:52

And it's not first time. This guy is a SERIAL LIAR.


	Ignore \| Logged

cthoman

« Reply #13 on: May 05, 2011, 11:57 »

#link

Quote from: jsnover on May 05, 2011, 11:39

"And one more new category coming for iStock: the PNG, (portable network graphics) format. Its big advantage compared with JPEG: it supports an "alpha" channel that lets designers mark parts of the overall image as transparent. That means objects work with colored or complex backgrounds without arduous image editing"

They'll probably use this to cheat vector artists out of higher price point vector sales. I'm suspicious.

What is dramatically affected? Aren't 85% of contributors non-exclusive? I would imagine nearly 100% of them took a paycut. Where does he pull these numbers out of?


« Last Edit: May 05, 2011, 11:59 by cthoman »	Ignore \| Logged

halfshag

« Reply #14 on: May 05, 2011, 12:41 »

#link

I was firmly within the alleged "0.1 percent", so that's me and 999 others. Even if it were true it's still appalling.


	Ignore \| Logged

lisafx

Premium Member

« Reply #15 on: May 05, 2011, 12:46 »

#link

The phrase "Liar Liar pants on fire" springs to mind.


	Ignore \| Logged

sweetgirll

« Reply #16 on: May 05, 2011, 12:50 »

#link

How many contributors does Istock have nowadays?


	Ignore \| Logged

halfshag

« Reply #17 on: May 05, 2011, 12:52 »

#link

"Everyone sort of settled down.", really? I guess getting tired of ranting to a brick wall on the forums constitutes agreement. I won't forget what they did.


	Ignore \| Logged

microstockphoto.co.uk

« Reply #18 on: May 05, 2011, 12:54 »

#link

Quote from: jsnover on May 05, 2011, 11:39

"the PNG, (portable network graphics) format. Its big advantage compared with JPEG: it supports an "alpha" channel that lets designers mark parts of the overall image as transparent."

thanks, but no need for an alpha channel: seeing from sales stats, all of my pictures there are already transparent and invisibile to buyers lately Grin


	Ignore \| Logged

halfshag

« Reply #19 on: May 05, 2011, 12:57 »

#link

Quote from: microstockphoto.co.uk on May 05, 2011, 12:54

Quote from: jsnover on May 05, 2011, 11:39

"the PNG, (portable network graphics) format. Its big advantage compared with JPEG: it supports an "alpha" channel that lets designers mark parts of the overall image as transparent."

thanks, but no need for an alpha channel: seeing from sales stats, all of my pictures there are already transparent and invisibile to buyers lately Grin

lol


	Ignore \| Logged

thesentinel

« Reply #20 on: May 05, 2011, 12:58 »

#link

Quote from: microstockphoto.co.uk on May 05, 2011, 12:54

Quote from: jsnover on May 05, 2011, 11:39

"the PNG, (portable network graphics) format. Its big advantage compared with JPEG: it supports an "alpha" channel that lets designers mark parts of the overall image as transparent."

thanks, but no need for an alpha channel: seeing from sales stats, all of my pictures there are already transparent and invisibile to buyers lately Grin

ROFL
( in a sad way )


	Ignore \| Logged

Noctiluxx

New Member

« Reply #21 on: May 05, 2011, 13:53 »

#link

Quote

And if we didn't, we were LOBOtomised.

lol, glad to see my ban at least bared some fruit.
next time i'm making the tshirt as well..


	Ignore \| Logged

halfshag

« Reply #22 on: May 05, 2011, 14:51 »

#link

Ooops the claim is 100 people got screwed not 1000 as I said.


	Ignore \| Logged

jamirae

Premium Member

« Reply #23 on: May 05, 2011, 14:56 »

#link

He obviously just has a different definition of "dramatically" than we do. Kind of like the millionaire who considers himself broke if he only has $999,999 in his account.


	Ignore \| Logged

brm1949

« Reply #24 on: May 05, 2011, 15:35 »

#link

istock site is down here. Could this have anything to do with it? There is one angry topic in the discussion forum. Bet it won't be there when the sites back up.


	Ignore \| Logged

Pages: [1] 2 3 4

« previous next »

Jump to:

Related Topics
	Subject	Started by	Replies	Views	Last post
	iStock Stats - Where iStock ranks in Traffic, Files, Royalties & More iStockPhoto.com	amanda1863	5	4537	August 22, 2006, 15:49 by amanda1863
	IS IStock down?? iStockPhoto.com	MiguelAngelo	3	1009	January 26, 2007, 14:53 by madelaide
	Is Istock down again? iStockPhoto.com	susieswe	5	1925	September 12, 2007, 13:08 by michaeldb
	only 20% on Istock? iStockPhoto.com	Peter	17	3157	February 10, 2008, 15:51 by sharply_done
	1 Year on stock is it worth expanding Newbie Discussion	anton9	16	2043	January 25, 2009, 11:08 by bobek

Microstockgroup Sponsors

MicrostockGroup Email Updates

Microstock Poll Results

Site	Earnings Rating
Top Tier - Big 4
Shutterstock	100
iStock	66.7
Fotolia	34.9
Dreamstime	26.7

Middle Tier
DepositPhotos	21.6
123RF	16.3
Canstockphoto	11.2
Bigstockphoto	9.5
Veer	8.7

Low Earners
PantherMedia	6.7
PhotoDune	5.8
isignstock	4.1
Zoonar	3.5
GLStockImages	2.7
Stockfresh	2.2
YayMicro	1.8
FeaturePics	1.4
MostPhotos	1.3
ScanStockPhoto	1.1
Crestock	0.8
Cutcaster	0.6
AllYouCanStock	0.1
ClipartOf
Pond5
RevoStock
Clipcanvas
DrawShop
ClipDealer
PhotoSpin
VectorStock
GraphicRiver
Pixmac
PhotoCase
The3dStudio
photaki
SuperHug
PhotoKore
iRockStock
Vivozoom
StockPhotoMedia
Regimages
ImageVortex
Imagegate
ViscoImages

More Poll Results Updated: 2012-05-26

Advertise on Microstockgroup.com | Contact: [email protected]