pancakes

MicrostockGroup Sponsors


Author Topic: Royalty for images used in print run.  (Read 320 times)

0 Members and 1 Guest are viewing this topic.

« on: November 25, 2019, 22:13 »
0
I just got my royalties for these two images used in this ad, from what i read it was used in a full page ad in New York Times. The royalties received was 12.50 each with the agency that's submitting to Getty taking 12,50 (50/50 split) i know the NY Times got a pretty large print run i would have thought the price would be more?

https://www.theaftd.org/new-aftd-awareness-ad-to-appear-in-oct-20-new-york-times/


ShadySue

« Reply #1 on: November 26, 2019, 04:41 »
0
I just got my royalties for these two images used in this ad, from what i read it was used in a full page ad in New York Times. The royalties received was 12.50 each with the agency that's submitting to Getty taking 12,50 (50/50 split) i know the NY Times got a pretty large print run i would have thought the price would be more?

https://www.theaftd.org/new-aftd-awareness-ad-to-appear-in-oct-20-new-york-times/

I doubt the agency gets 50% of the sale price.
What usually happens (unless your agency has some special deal) is that you get 50% of what the agency gets, which may or may not be 15%.
So possibly the buyer paid $166.66, your agency got 15% of that, and you got half of what the agency made.

Even in the case that the agency gets 50% of the sale price, it all depends on the discount the buyer has negotiated. For instance, maybe it was a Premium Access sale, whereby buyers pay Getty a Premium to Access images at a very low price. The price on the agency page is a 'rack rate' - the price a buyer would pay if they just arrived there to buy one image only. You can imagine that doesn't happen often.

« Reply #2 on: November 26, 2019, 08:43 »
0
Thanks for that info Sue


 

Related Topics

  Subject / Started by Replies Last post
2 Replies
2066 Views
Last post October 15, 2008, 03:46
by cluckcluck
8 Replies
4690 Views
Last post April 30, 2012, 14:45
by pancaketom
0 Replies
1393 Views
Last post May 25, 2012, 23:02
by mtkang
3 Replies
2701 Views
Last post August 28, 2013, 07:26
by Mantis
12 Replies
1703 Views
Last post August 26, 2019, 20:43
by gillian vann

Sponsors

Microstock Poll Results