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Author Topic: December Earnings  (Read 6619 times)

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ShadySue

« Reply #25 on: June 29, 2019, 12:28 »
0
It's not all doom & gloom...

Latest May 2019 Earnings Report:

https://brutallyhonestmicrostock.com/2019/05/31/may-2019-brutally-honest-earnings-report/

Very nice and informative. May I ask if most of your iStock collection was submitted as a non-exclusive?

I'll just mention, if you look under his messages, there is a row of agencies he submits to. He can't be an iStock exclusive.  :)

You don't see mine, for example, because I don't choose to disclose, but Brasilnut shows his.

But if he was iStock exclusive in the past, the photos submitted as an exclusive would still be selling at a higher price and generate more revenue.

Didn't know someone could do that. You mean old exclusive images, which aren't anymore are paid at a higher rate, even thought we could upload someplace else? And they stay as exclusive. I wouldn't have imagined that. No I was never an IS exclusive. JoAnn would know best... she was exclusive and changed.

Now the question becomes interesting.  ;)

No, their tech isn't very sophisticated.
If you were an exclusive and went indie, your existing files stay at three credits*, but you only get your indie rate on them. Your subsequent files go to one credit.
If you were indie, and go exclusive, your old files sell for one credit, of which you get your exclusive percentage, and your new files will go on sale for three credits.
*unless already demoted, of course, but they allegedly haven't done that for a few years.


Brasilnut

  • Author Brutally Honest Guide to Microstock & Blog

« Reply #26 on: June 29, 2019, 12:31 »
0
Nope, never been exclusive with those Getty turds.

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #27 on: June 30, 2019, 12:47 »
0
It's not all doom & gloom...

Latest May 2019 Earnings Report:

https://brutallyhonestmicrostock.com/2019/05/31/may-2019-brutally-honest-earnings-report/

Very nice and informative. May I ask if most of your iStock collection was submitted as a non-exclusive?

I'll just mention, if you look under his messages, there is a row of agencies he submits to. He can't be an iStock exclusive.  :)

You don't see mine, for example, because I don't choose to disclose, but Brasilnut shows his.

But if he was iStock exclusive in the past, the photos submitted as an exclusive would still be selling at a higher price and generate more revenue.

Didn't know someone could do that. You mean old exclusive images, which aren't anymore are paid at a higher rate, even thought we could upload someplace else? And they stay as exclusive. I wouldn't have imagined that. No I was never an IS exclusive. JoAnn would know best... she was exclusive and changed.

Now the question becomes interesting.  ;)

No, their tech isn't very sophisticated.
If you were an exclusive and went indie, your existing files stay at three credits*, but you only get your indie rate on them. Your subsequent files go to one credit.
If you were indie, and go exclusive, your old files sell for one credit, of which you get your exclusive percentage, and your new files will go on sale for three credits.
*unless already demoted, of course, but they allegedly haven't done that for a few years.

Getty = how to make anything as clear as mud.

I'll guess, they can't adjust photos so they leave them as the level they were, or they could, but it would take a human going into the collection of a former exclusive and changing the number of credits needed. That's pretty funny.

So a former exclusive gets three credits at the non-exclusive rate, which is actually pretty nice, instead of one credit at 15%?  :)

« Reply #28 on: June 30, 2019, 16:34 »
0
Oh boy, trend line makes for depressing news
It would be "news" if the trend had got worse or suddenly reversed. This is just a continuation of whats been happening for 4-5 years. Surely no one is surprised are they?

I remember back in 2008 or so saying that microstock would cannibalize itself and ruin the industry as a whole for contributors, that was back when the community at IS were stroking, praising, and generally self applauding each other and anyone who could see the light had no clue what they were talking about as they were old school and trad. Well I guess the preditcion has come to fruition now. Hate to say it, but told you so.

OM

« Reply #29 on: June 30, 2019, 19:25 »
0
The corporate kleptocracy always wins (until the revolution which will never happen this time around).
 8)

Brasilnut

  • Author Brutally Honest Guide to Microstock & Blog

« Reply #30 on: August 01, 2019, 08:10 »
0


 

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