Author Topic: Revostock Payments (Read 60258 times)

fluxvfx · « **Reply #50 on:** August 14, 2015, 14:13 »

Hi everyone,
I just found this forum and wanted to share something as I am extremely frustrated and angry about non-payments too. I'm currently owed thousands of dollars and my emails are not being responded to after a month of trying to get an update on payments. Because of the large amount owed to me I'll be taking legal action soon because I'm tired of this mess.

For US authors I wanted to share this info:
newbielink:https://www.sba.gov/blogs/getting-stiffed-what-can-you-do [nonactive]

I see that some of you would rather wash your hands of Revo and move on, not pursuing the money owed you. I totally understand. The article does bring up a (sort of) benefit when it comes to tax time- treat the amount owed to you as a 'bad business debt' so at least you can write off the amount on your taxes.

Thanks and I hope you all have a good day!

KB · « **Reply #51 on:** August 14, 2015, 16:06 »

I think for most US contributors, this would be the applicable information:
If you are on the cash method of accounting and are not paid for your services, too bad. Unfortunately, you can’t take a tax deduction for your lost time and effect.

I totally understand your frustration and anger over RS. I think the worst part is the lack of response to emails, but my guess is that he (Craig) is so overwhelmed he's unfortunately letting that happen. RS isn't a one-person operation, but my understanding is, Craig has very little help. Still, it would be so much better if he could just have someone reply to emails, to slightly help ease the frustrations.

It's the US legal system that has played a large part in this happening, so I'm sad that you think legal action is the best course of action. However if I were in your position, I'm not sure I wouldn't do much the same thing. Good luck.

PeterChigmaroff · « **Reply #52 on:** August 15, 2015, 10:44 »

Quote from: fluxvfx on August 14, 2015, 14:13

Hi everyone,
I just found this forum and wanted to share something as I am extremely frustrated and angry about non-payments too. I'm currently owed thousands of dollars and my emails are not being responded to after a month of trying to get an update on payments. Because of the large amount owed to me I'll be taking legal action soon because I'm tired of this mess.

For US authors I wanted to share this info:
https://www.sba.gov/blogs/getting-stiffed-what-can-you-do

I see that some of you would rather wash your hands of Revo and move on, not pursuing the money owed you. I totally understand. The article does bring up a (sort of) benefit when it comes to tax time- treat the amount owed to you as a 'bad business debt' so at least you can write off the amount on your taxes.

Thanks and I hope you all have a good day!

I can't tell you what to do but I can tell you what's happening. Every time one of your clips sells, RS takes the your money and does something with it. Apparently, the legal problems they've had have been cleared up a LONG time ago. SO where' your money? It's used to pay for dinners, and rent/mortgage and cars and everyday living expenses of the owners. The day to day business expenses are taken care of with the percentage they normally keep.

Before I quite, all I asked Craig was to promise me he'd make regular payments to me and I would have no problem staying on -- he closed my account instead. I guess you can say he's honest.

Mantis · « **Reply #53 on:** August 15, 2015, 19:44 »

I've just requested that they close my account.

trek · « **Reply #54 on:** August 16, 2015, 06:06 »

Adding myself to the list of the unpaid...

Mantis · « **Reply #55 on:** August 16, 2015, 08:34 »

If it exists I can't find it but does anyone know of a bulk delete in REVO? I only see one at a time delete. Getting pissed and just want my work off that site.

ccbcc · « **Reply #56 on:** August 17, 2015, 09:47 »

So I mailed them and got the standard reply. I replied to that and got both excuses and payment.

fluxvfx · « **Reply #57 on:** August 17, 2015, 12:23 »

Quote from: ccbcc on August 17, 2015, 09:47

So I mailed them and got the standard reply. I replied to that and got both excuses and payment.

Well at least you got paid

jamesbenet · « **Reply #58 on:** August 17, 2015, 16:52 »

I guess everyone has seen the latest blog post about the situation at Revostock but here it is just in case:

http://www.revostock.com/ProducerNews.html?ID=256

Now It does look like there is light at the end of the tunnel and I am willing to give them the benefit of the doubt and wait a bit more. I appreciate the direct communication and feel more optimistic about the whole thing!

Mantis · « **Reply #59 on:** August 17, 2015, 21:15 »

Quote from: jamesbenet on August 17, 2015, 16:52

I guess everyone has seen the latest blog post about the situation at Revostock but here it is just in case:

http://www.revostock.com/ProducerNews.html?ID=256

Now It does look like there is light at the end of the tunnel and I am willing to give them the benefit of the doubt and wait a bit more. I appreciate the direct communication and feel more optimistic about the whole thing!

To me my decision was based on one thing....did they pay me on the 15th. The answer is no. Therefore i am no longer waiting around for a company that already has a bad track record towards their contributors.

Mantis · « **Reply #60 on:** August 18, 2015, 20:54 »

I have to say that I sent in a request last week to close my account but they never got back to me. I just manually deleted all 600 of my clips.

qinghill · « **Reply #61 on:** August 19, 2015, 21:42 »

Hi Guys! my payment stuck as well , Its been too long I don't remember... is there any place where we can lodge a report for this late/holding our money... Come on... clients pay them money and they take all the portion to take care of their problem!!!??
they shouldn't touch our portion at all!! thats stealing!

Noedelhap · « **Reply #62 on:** August 21, 2015, 07:40 »

Craig says in the video on his latest blog post that they were also hit by a Google penalty. Does anyone know why? Can't find more info about it.

PeterChigmaroff · « **Reply #63 on:** August 21, 2015, 08:38 »

Quote from: Noedelhap on August 21, 2015, 07:40

Craig says in the video on his latest blog post that they were also hit by a Google penalty. Does anyone know why? Can't find more info about it.

And this is a reason to not pay on a regular basis?

gcrook · « **Reply #64 on:** August 21, 2015, 09:39 »

Hey guys do you remember that dreadful day in the past when the new google algorithm completely ruined the stock industry and brought the doomsday of machines upon us all?
No wait, that was a few months ago.

I dont have my stuff there,but the way this is going the next argument of all agencies will involve aliens.

Noedelhap · « **Reply #65 on:** August 21, 2015, 10:14 »

Quote from: Zeus on August 21, 2015, 08:38

Quote from: Noedelhap on August 21, 2015, 07:40
Craig says in the video on his latest blog post that they were also hit by a Google penalty. Does anyone know why? Can't find more info about it.
And this is a reason to not pay on a regular basis?

I don't know, he mentioned a patent troll lawsuit and a Google penalty hit, but the latter must have been some time ago. Thing is, it's not clear to me why they were penalized.

stockmn · « **Reply #66 on:** August 21, 2015, 10:47 »

Quote from: Noedelhap on August 21, 2015, 10:14

Quote from: Zeus on August 21, 2015, 08:38
Quote from: Noedelhap on August 21, 2015, 07:40
Craig says in the video on his latest blog post that they were also hit by a Google penalty. Does anyone know why? Can't find more info about it.
And this is a reason to not pay on a regular basis?

I don't know, he mentioned a patent troll lawsuit and a Google penalty hit, but the latter must have been some time ago. Thing is, it's not clear to me why they were penalized.

They had a "duplicate content" penalty. Their website was setup in such a way that google kept seeing the same content displayed on different pages of their website. Google does this so that you can't make a website with only 100 pages of unique content into a website with hundreds or even thousands of pages.

This is a difficult area for stock as it makes sense for the same images and video to appear on different areas of the website. For instance, footage of snow falling may appear under the category of "winter" as well as the category "snow". I believe they've fixed the problem but recovering from a google penalty is not generally fast and easy.

Phadrea · « **Reply #67 on:** September 07, 2015, 01:33 »

I am pretty hacked off with them now. My sympathy bucket is empty. They owe me $122 that is rightly my money earned from my work. I just get a stock email reply and then no response to the follow up. I now only get sales once every blue moon. I just want to take my money and go.

ccbcc · « **Reply #68 on:** September 07, 2015, 07:57 »

They are awefully quiet in the Producer News section.. Sales are pretty mich non existant for me. I wonder how they'll ever earn the money to pay all the producers.

Mantis · « **Reply #69 on:** September 07, 2015, 07:59 »

Quote from: Herg on September 07, 2015, 01:33

I am pretty hacked off with them now. My sympathy bucket is empty. They owe me $122 that is rightly my money earned from my work. I just get a stock email reply and then no response to the follow up. I now only get sales once every blue moon. I just want to take my money and go.

Same here. I then asked for them to close my account. Never heard a word back. I then deleted my files one by one.

Phadrea · « **Reply #70 on:** September 08, 2015, 10:51 »

I had no response from my last email so am emailing again with a polite reminder. This is so out of order

Phadrea · « **Reply #71 on:** September 14, 2015, 01:54 »

Still getting the odd sale but no response to emails.

eburlingham · « **Reply #72 on:** September 15, 2015, 14:50 »

Same here, still getting sales but no payouts or responses. I can't think of any good reason why they can't pay contributors. Their legal troubles were over a long time ago!

It's sad, but I'm going to have to remove my work. At this point they are stealing from me.

Belish · « **Reply #73 on:** September 15, 2015, 15:58 »

Is this "not paid" situation an exception or a common practice? I'm uploading footage there for some months now and I'm wondering if there is any point to continue if I'm probably not going to be paid and have to delete hundreds of files one by one...

PeterChigmaroff · « **Reply #74 on:** September 15, 2015, 16:05 »

Quote from: Cylonphoto on September 15, 2015, 15:58

Is this "not paid" situation an exception or a common practice? I'm uploading footage there for some months now and I'm wondering if there is any point to continue if I'm probably not going to be paid and have to delete hundreds of files one by one...

Read back through the posts and tell me what you think?

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Author Topic: Revostock Payments (Read 60258 times)

fluxvfx

KB

PeterChigmaroff

Mantis

trek

Mantis

ccbcc

fluxvfx

jamesbenet

Mantis

Mantis

qinghill

Noedelhap

PeterChigmaroff

gcrook

Noedelhap

stockmn

Phadrea

ccbcc

Mantis

Phadrea

Phadrea

eburlingham

Belish

PeterChigmaroff

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