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Agency Based Discussion => General - Top Sites => Topic started by: Bart on February 01, 2019, 11:26

Title: Any accountants? - Am I now paying Getty to sell my image(s)?
Post by: Bart on February 01, 2019, 11:26

I was going over my monthly sales report from Getty Images. Having run a business for several years, I am familiar with Profit/Loss column in accounting applications. Now, looking at this screen grab from Getty, when something is in RED that usually means a negative (or LOSS), The only conclusion I can come to, is that now I am paying Getty buyers to use my image, in this case .33 cents?!?!  ???
Title: Re: Any accountants? - Am I now paying Getty to sell my image(s)?
Post by: Not Today on February 01, 2019, 12:33

I was going over my monthly sales report from Getty Images. Having run a business for several years, I am familiar with Profit/Loss column in accounting applications. Now, looking at this screen grab from Getty, when something is in RED that usually means a negative (or LOSS), The only conclusion I can come to, is that now I am paying Getty buyers to use my image, in this case .33 cents?!?!  ???

Could it be a refund to customer?
Title: Re: Any accountants? - Am I now paying Getty to sell my image(s)?
Post by: everest on February 01, 2019, 13:55
Refunds. Another of the many very transparent actions of Getty.......
Title: Re: Any accountants? - Am I now paying Getty to sell my image(s)?
Post by: dpimborough on February 01, 2019, 17:00
Don't put ideas in Getty's head they'll probably start charging you to have images sold on their site before long and call it "exciting news"  ;D
Title: Re: Any accountants? - Am I now paying Getty to sell my image(s)?
Post by: Bart on February 01, 2019, 17:15
Oh godness! Would I be shocked if they already had that subject come up in "Brainstorming"?? nah.


Don't put ideas in Getty's head they'll probably start charging you to have images sold on their site before long and call it "exciting news"  ;D
Title: Re: Any accountants? - Am I now paying Getty to sell my image(s)?
Post by: pkphotos on February 01, 2019, 18:42
Is anyone familiar with the infamous Getty image infringement extortion letters?

Sales wise, Getty has gone from decent four figure advertising sales just a few years ago, down to pennies in the present day. They'll need to reinvent fast or they'll continue on their steep decline.

Title: Re: Any accountants? - Am I now paying Getty to sell my image(s)?
Post by: Uncle Pete on February 02, 2019, 09:34
Is anyone familiar with the infamous Getty image infringement extortion letters?

Sales wise, Getty has gone from decent four figure advertising sales just a few years ago, down to pennies in the present day. They'll need to reinvent fast or they'll continue on their steep decline.

I keep getting the feeling that they just don't care about iStock or artists at all. Their collections and news services probably make the most for them, so why would they care?

Not saying they shouldn't, from our side, just why they might be ignoring us. I keep thinking, they were the big agency the top and the best, and then after IS got sold, it was a hard fall, until SS passed them, and now AS has passed them.