Author Topic: Anyone else still waiting for Eyeem payment? (Read 10048 times)

Roscoe · « **Reply #25 on:** August 24, 2022, 07:14 »

Quote from: cobalt on August 24, 2022, 06:52

So…Talenthouse and eyeem live another day…

Let us see what they do next…will they increase sales? Especially diect market sales?

That train has left the station I'm afraid. It's been months since I had a direct sale on EyeEm, and before that months too.

But sure, they have to do something, otherwise it's a matter of time before they burn through their money again.
They recently partnered up with Alamy if I understood it correctly, but I can hardly imagine this will save them.

Roscoe · « **Reply #26 on:** August 25, 2022, 07:58 »

New sales are being reported again too.
But it's unclear for me whether this is the sales report from June (which we normally would have gotten at the end of July/beginning of August), or the sales report from July, which we normally would expect end of August (now)/beginning September.

Brasilnut · « **Reply #27 on:** February 10, 2023, 09:50 »

I've heard they're delaying payments again, any news?

rushay · « **Reply #28 on:** February 10, 2023, 10:20 »

https://www.theguardian.com/media/2023/feb/04/ive-given-up-getting-paid-design-agency-accused-of-exploiting-artists

cobalt · « **Reply #29 on:** February 10, 2023, 10:28 »

Quote from: Brasilnut on February 10, 2023, 09:50

I've heard they're delaying payments again, any news?

Apparently no payments since September 22.

Last payment only came after one artist took a lawyer and started preparing to sue them for fraud.

If you read the article in the Guardian it does look like talenthouse is a fraudulent company that specifically targets artists, many living in countries where they cannot afford an international lawyer.

It is a shame that eyeem was sold to people like these.

Roscoe · « **Reply #30 on:** February 12, 2023, 11:37 »

Quote from: cobalt on February 10, 2023, 10:28

Quote from: Brasilnut on February 10, 2023, 09:50
I've heard they're delaying payments again, any news?

Apparently no payments since September 22.

Last payment only came after one artist took a lawyer and started preparing to sue them for fraud.

If you read the article in the Guardian it does look like talenthouse is a fraudulent company that specifically targets artists, many living in countries where they cannot afford an international lawyer.

It is a shame that eyeem was sold to people like these.

I don't think they are a fraudulent company by intend, but they surely are in serious financial trouble.

https://www.google.com/finance/quote/THAG:SWX?window=1Y

https://simplywall.st/stocks/ch/diversified-financials/vtx-thag/talenthouse-shares/news/talenthouse-ags-vtxthag-path-to-profitability

Quote

The company’s loss has recently broadened since it announced a CHF231k loss in the full financial year, compared to the latest trailing-twelve-month loss of CHF1.0m, moving it further away from breakeven. Many investors are wondering about the rate at which Talenthouse will turn a profit, with the big question being “when will the company breakeven?”

They are biting the hands that feed them by not paying the people that deliver the product they sell.
And I can imagine that investors are getting very nervous and hesitant in keeping them afloat.

It really doesn't look good.

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Author Topic: Anyone else still waiting for Eyeem payment? (Read 10048 times)

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