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Author Topic: iStock From July 1, 2022, we will be increasing the minimum customer price  (Read 2353 times)

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« Reply #25 on: May 30, 2022, 21:23 »
+1
Yes I realise it is not 10 cents if you go exclusive but as I won't be going exclusive I will no longer upload any videos to them because I am not willing to accept 10 cents for video sales.

Hi Merrillie. I think I can see where the confusion is now. This deal only changes the exclusivity rates for Signature collection contributors. You will continue to receive whatever royalties you've had on your previously uploaded videos. i.e. 20% of whatever they sell your videos for. So, no need to stop just because of this new deal - just base your decision on what your current/previous royalties have been.  Cheers from fellow Aussie, Annie.

Quote from iStock

On July 1 we will update the iStock Rate Card minimum customer price per file table as highlighted below, increasing the minimum customer price per file for Exclusive Signature and Signature+ video to $10.00 USD.


 

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