Agency Based Discussion > Shutterstock.com

Shutterstock want to buy "all right" of one of my images

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aetb:
I'm I alone... are they really buying images and so they can rule the stock world without us ?
Story block asked me the same last year.
I never said yes, but they are talking about a decent amount of money now... 1500$ is a lot seriously !

Here is the message:
++++++++++++++++

Dear (my name)

I am happy to notify you that we are interested in buying all rights to image "123456whatever" in your portfolio on behalf of our client.

For this offer to proceed, I would like to know the following from you:

1. Are you interested in a full copyright transfer of this image to Shutterstock for (a minimum) of $1500.00 commission? (Client is looking at 1yr, 2yr, and indefinite exclusivity.  $1500 would be the least amount of the payout for 1 year)

2. Where else is the image available and for how long has it been available at those agencies? (If terms are finalized, the image and similars will need to be removed from all other agencies, including Shutterstock)

3. Are there similar images in addition to and that we need to be aware of? If yes, please explain where the similars are and how many exist total. This offer is time sensitive so please confirm whether or not you are interested in this offer as soon as possible. I look forward to hearing from you.

mindstorm:
If this is a serious legit offer from ShutterStock, I am not sure why you are even asking here?

Personally, I would take it without a doubt, but then I certainly have no single image that earns me $1500 per year, so to me this is a no-brainer.

k_t_g:
Up to the individual I guess. Personally I wouldn't. Not enough peanuts.

pkphotos:
If the image already sells well for you, don't do it.

If the image doesn't sell well for you and is a subject that won't sell regularly, do it!

Jo Ann Snover:
I don't understand the offer being made - but no, I haven't heard of Shutterstock buying out images before.

What I don't understand is that copyright transfer to Shutterstock is a one time legal transaction for which I would expect a one time payment from SS. Once they own the copyright they are free to do what they want with the image(s).

If they're talking about minimum payout for the first year with the possibility of more money later, that doesn't sound like a copyright transfer but a complex rights managed deal.

If the restrictions on the sister images are forever, I'd suggest that you try and sell the copyrights to all of the images rather than give away any earnings for sister images at all images for all time, particularly if the subject matter/people/props/location is one where you have many images that would no longer be licensable.

$1,500 is a nice royalty, but they're asking for a lot of rights, so don't shortchange yourself.

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