MicrostockGroup
Microstock Photography Forum - General => General Stock Discussion => Topic started by: rushay on November 25, 2019, 22:13
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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/ (https://www.theaftd.org/new-aftd-awareness-ad-to-appear-in-oct-20-new-york-times/)
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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/ (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.
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Thanks for that info Sue