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Author Topic: yuri arcurs is IS exclusive  (Read 90909 times)

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« Reply #75 on: May 18, 2013, 03:34 »
+2

Who knows, but I have an one hypothetical opinion.
There are only some aggregator agencies only which can sell same images directly from their own site and at Corbis and at Getty simultaneously.

Usually contributing agencies must have a selection. Gettys family or Corbis and all others. Not simultaneously same images for Getty and Corbis.
Now my hypothetical idea. Yuri got simply this agreement. He can sell images from his own Peoples Images site and via Getty family too. Very easy and logical.

Best,
Jaak Nilson


« Reply #76 on: May 18, 2013, 03:35 »
+13
But Yuri is also not a shy little mouse who just plays along with everything that gets thrown at him. He is as smart as all the other big players and will certainly raise his voice if he feels mistreated. Maybe he will do it in private first, but he also has the legal firepower if necessary.

And when he gets booted, he won't have content anywhere and will have to start from zero, so I doubt any concerns will be raised.  At least I didn't have 100 employees to support.

« Reply #77 on: May 18, 2013, 03:38 »
-2
Getty must of paid Yuri a huge amount to do this.  A clear sign to me that they're losing the plot.  They get rid of Sean and pay for Yuri?  Absolute madness.

business is business.

« Reply #78 on: May 18, 2013, 03:39 »
+7
But Yuri is also not a shy little mouse who just plays along with everything that gets thrown at him. He is as smart as all the other big players and will certainly raise his voice if he feels mistreated. Maybe he will do it in private first, but he also has the legal firepower if necessary.

And when he gets booted, he won't have content anywhere and will have to start from zero, so I doubt any concerns will be raised.  At least I didn't have 100 employees to support.

Precisely, Sean!!!

Anyone who hoped Yuri will, could, would do anything with his market power to support the contributor community will be sorely disappointed.

« Reply #79 on: May 18, 2013, 03:40 »
0

Who knows, but I have an one hypothetical opinion.
There are only some aggregator agencies only which can sell same images directly from their own site and at Corbis and at Getty simultaneously.

Usually contributing agencies must have a selection. Gettys family or Corbis and all others. Not simultaneously same images for Getty and Corbis.
Now my hypothetical idea. Yuri got simply this agreement. He can sell images from his own Peoples Images site and via Getty family too. Very easy and logical.

... and completely against what "exclusivity" is supposed to mean and represent.  Blend and the others are bad enough, distributing through Getty and making it onto IS getting 20% for their "exclusive" Agency content.  But Yuri directly contributes to IS.  Selling those same images on his own site is a clear violation of "exclusivity".

"The Supplier wishes to appoint iStockphoto as its exclusive agent to license, sublicense and distribute Exclusive Content"

Unless he is going to pull everything from IS, and send content to Getty for a "special" collection, and then they decide to put it onto IS and he gets %20.  Which doesn't seem like a smart move.

aspp

« Reply #80 on: May 18, 2013, 03:40 »
0
Getty must of paid Yuri a huge amount to do this.

What makes you say that ?

I don't see how is this any different from any of the other big high quality collections which are being imported in via GI  as exclusive distribution. Eg Blend Images etc.

« Reply #81 on: May 18, 2013, 03:41 »
+1
Hi Guys.
We have found a good distribution partner (Getty Images) for the kind of content we produce. We will be removing all images from microstock doing the next few weeks. Microstock, especially subscription sites, are not suited for the kind of high production cost images we produce.
Best Yuri

You're going to have to come forward with some more information, especially about your multi-million dollar personal website.

I'm not so sure getting in bed with the "evil empire" is actually a good move for the industry.  Giving Getty more "power" is not in anyone's best interest, except Getty's.  Not that what anyone here thinks is really important to your business.

The expensive site might just be the main reason.

« Reply #82 on: May 18, 2013, 03:42 »
0
But Yuri is also not a shy little mouse who just plays along with everything that gets thrown at him. He is as smart as all the other big players and will certainly raise his voice if he feels mistreated. Maybe he will do it in private first, but he also has the legal firepower if necessary.

And when he gets booted, he won't have content anywhere and will have to start from zero, so I doubt any concerns will be raised.  At least I didn't have 100 employees to support.

or he could sell out.

Lonely Planet Images was previously distributed by Getty, now LP has been sold by BBC to another publisher and the whole LPI collection has been bought by Getty.



« Reply #83 on: May 18, 2013, 03:42 »
+2
@ Jaak Blendimages not just have their own site, they also have 20 000 files on Shutterstock. These images are also available via Getty.

Getty does not necessarily need it all exclusive. That is just a marketing myth.

« Reply #84 on: May 18, 2013, 03:43 »
+12
I think everyone is waiting more or less patiently for you to understand what you have read.

"are not suited for the kind of high production cost images we produce" - does not mean microstock is dead. It means that Yuri believes his work that is produced by a team of people at a high cost is better suited on agencies elsewhere.

Of course, it would help if the agency you are moving to actively wants your work and is willing to negotiate a special deal for you . . . which is what everyone, probably correctly, suspects.

By contrast, many of us don't produce high production cost work, much less have large agencies beating a path to our doors.

After the dust settles, business as usual.

For me, that's in around 5 minutes from now.

Can someone remind me how to set the ignore feature?

please bring me respect, unlike you and many others i've correctly predicted the outcome of microstock in the long term a long time ago.

now you dont want to hear the ugly truth, well dont shoot the messanger, you can only blame yourself if you bet the farm on micros and put all the eggs on istock.

it's funny that those like me are called "trolls" both here and on RM forums.

« Reply #85 on: May 18, 2013, 03:50 »
0
I think everyone is waiting more or less patiently for you to understand what you have read.

"are not suited for the kind of high production cost images we produce" - does not mean microstock is dead. It means that Yuri believes his work that is produced by a team of people at a high cost is better suited on agencies elsewhere.

Of course, it would help if the agency you are moving to actively wants your work and is willing to negotiate a special deal for you . . . which is what everyone, probably correctly, suspects.

By contrast, many of us don't produce high production cost work, much less have large agencies beating a path to our doors.

After the dust settles, business as usual.

For me, that's in around 5 minutes from now.

Can someone remind me how to set the ignore feature?

please bring me respect, unlike you and many others i've correctly predicted the outcome of microstock in the long term a long time ago.

now you dont want to hear the ugly truth, well dont shoot the messanger, you can only blame yourself if you bet the farm on micros and put all the eggs on istock.

it's funny that those like me are called "trolls" both here and on RM forums.

People won't pay more. They will skip it. If this wasn't true, there wouldn't be microstock companies.

« Reply #86 on: May 18, 2013, 03:50 »
+4
Getty must of paid Yuri a huge amount to do this.

What makes you say that ?

I don't see how is this any different from any of the other big high quality collections which are being imported in via GI  as exclusive distribution. Eg Blend Images etc.
I'm not quite sure how many sites Yuri had his portfolio on but I read in an article that it was around 200 (that might be wrong but it has to be over 50).  Removing his huge portfolio from all those sites is a big job and I don't see why he would want to do that now without being paid to do it?

He could just leave his microstock portfolio on all the sites and only do new stuff with Getty and other macro sites.  Why go exclusive now and why have istock given him a crown when he still has images on other sites?  It looks to me that they've panicked.  They've come up with a way to hit their competitors but I find it hard to believe that Yuri would do this without a big incentive.  He did mention a meeting with Getty a while ago, I presume they made him an offer he couldn't refuse?

« Reply #87 on: May 18, 2013, 03:59 »
+30
He did mention a meeting with Getty a while ago, I presume they made him an offer he couldn't refuse?

I can kind of imagine how that meeting went.
Yuri: I don't like the way you are selling my images for almost nothing on Google Images. I am going to see you in court.
Getty VP: Here is bag of cash and a very enticing "exclusivity" offer. Will that make this little lawsuit go away?
Yuri: (holding bag of cash) What lawsuit?

aspp

« Reply #88 on: May 18, 2013, 04:15 »
0
Why go exclusive now and why have istock given him a crown when he still has images on other sites?  It looks to me that they've panicked.

All the stuff on Istock via Getty has a crown currently including stuff on other sites. Currently all TAC but that is about to change. He has a great collection of work, why wouldn't they want to accommodate him ?

« Reply #89 on: May 18, 2013, 04:18 »
+1
Getty must of paid Yuri a huge amount to do this.  A clear sign to me that they're losing the plot.  They get rid of Sean and pay for Yuri?  Absolute madness.

lol yeah. and I wonder if Yuri's this move will be beneficial for Sean as now he has his unique images everywhere in different price range including subs.. buyers ! you are free to choose/buy my images where ever you want and suitable to you... :)

ps- cobalt! you just said before me what i wanna say
« Last Edit: May 18, 2013, 04:24 by gemmy12 »

« Reply #90 on: May 18, 2013, 04:31 »
0
But Yuri is also not a shy little mouse who just plays along with everything that gets thrown at him. He is as smart as all the other big players and will certainly raise his voice if he feels mistreated. Maybe he will do it in private first, but he also has the legal firepower if necessary.

And when he gets booted, he won't have content anywhere and will have to start from zero, so I doubt any concerns will be raised.  At least I didn't have 100 employees to support.

It is not difficult to attach a price tag to this risk. How much would they need to pay him upfront so that in case things dont work out he can keep his operations going until he gets his No1 position back. 30 Million? 50 Million? 100???

And if he can keep his webshop going than he also has the time to build the brand and attract more customers. It takes time to build an online store. 3-5 years if you are looking at a certain revenue. So if he does leave, he would not start at zero.

If he gives up peopleimages...well...then we know that he must have gotten a really, really golden or platinum diamond "welcome package". Enough to give everyone from his team a nice golden good bye if he needs to downsize.

He is a very clever man and he had the benefit of seeing what happened to you. The rest is up to negotiations. It does make you wonder how desperate they are.

Of course Getty does have a lot of experience in getting business owners to sign over their company for a nice sum. After all this is how they built their business in the first place.

Except that the old game of "buy out the competition, raise prices for the customer, lower royalties for the artist" does not work automatically any more. There is simply too much content and the customers can compare prices with a few mouse clicks on the internet.
« Last Edit: May 18, 2013, 04:51 by cobalt »

« Reply #91 on: May 18, 2013, 04:36 »
+3
Thus far, the discussion seems to have centered on Getty being desperate after all the bad press of the past months and years and offering Yuri a golden nest to come in as an exclusive. But maybe there is also some desperation on Yuris side following, maybe, some business descisions that weren't that successful. And maybe the golden egg wasn't as big as anyone assumes.
Of course, this is all speculation and we will never know for sure... .

« Reply #92 on: May 18, 2013, 04:40 »
+5
Why go exclusive now and why have istock given him a crown when he still has images on other sites?  It looks to me that they've panicked.

All the stuff on Istock via Getty has a crown currently including stuff on other sites. Currently all TAC but that is about to change. He has a great collection of work, why wouldn't they want to accommodate him ?
He isn't the only person with a great collection of work and up until now, they haven't shown much respect for all the exclusives that have felt they had no choice but to go non-exclusive or leave istock/Getty.  So I don't understand why it looks like they've done a deal with him while letting others go.  And what about all the Yuri clones that are non-exclusive?  It's not going to be too difficult for buyers to find a cheaper alternative to a lot of Yuri's portfolio on the other sites.

« Reply #93 on: May 18, 2013, 04:47 »
-8
you guys keep missing the bus !

the world's top microstocker just announced he's leaving the boat before it sinks, if microstock was on Nasdaq it would lose 90% of its value in a day !

try to see the situation from a financial and technical analysis perspective, please.

the message is very clear here : he's got his own agency, he's selling his whole portfolio on dozens of different agencies, and he reached the conclusion that he's barely paying the bill considering his production costs and the meagre fees paid by micro agencies.

is the microstock business still sustainable if even Yuri cant stay in biz ? that's THE question, and his answer is NO !



« Reply #94 on: May 18, 2013, 04:48 »
+7
Hi Guys.
We have found a good distribution partner (Getty Images) for the kind of content we produce. We will be removing all images from microstock doing the next few weeks. Microstock, especially subscription sites, are not suited for the kind of high production cost images we produce.
Best Yuri

BTW, I was looking at peopleimages, and I'd say half of the newest images are very simple one person, isolated-on-white.  Businesswoman, doctor, shopping bags, repetitive, pointing here, pointing there, pointing up, etc.  Don't you feel that is simple "microstock"/low production cost work?

Also, I see a few recent series that seem very "inspired".

is the microstock business still sustainable if even Yuri cant stay in biz ? that's THE question, and his answer is NO !

Maybe he's done in the biz.  Looking at the recents, it really seems like the work is being phoned in or being done by trainees, so perhaps this is the move to sell out and move on to retirement!
« Last Edit: May 18, 2013, 04:51 by sjlocke »

rubyroo

« Reply #95 on: May 18, 2013, 04:52 »
+4
you guys keep missing the bus !

Maybe.  Or maybe you keep trying to start up a bus that doesn't have an engine.

« Reply #96 on: May 18, 2013, 04:54 »
+2
yep, agree again Sean, that too is a possible explanation to Yuri's move.

« Reply #97 on: May 18, 2013, 05:07 »
+6
The only thing that matters to me:

How will customers react?

1) "Hmm... that pic I wanted of a doctor next to a smiling patient is gone from (insert agency name here)... oh wait, there are several hundred just like it.  I'll buy one of those."

or

2) "I've investigated and found that I can buy that pic of the doctor and smiling patient for much more money by opening a new account at a different site.  Take my money, please!"

Answer: customers will stay right where they're at, and my income will not go down one dime (perhaps will go up a few dimes due to less competition).

« Reply #98 on: May 18, 2013, 05:10 »
+4
hahahaha this is gotta be a bombshell for many guys here.

i'm literally shi-tt-ing in my pants while laughing !

That's not a blow against microstock. That's a blow against  subs, not the concept, but the prices. Actually, it's good news for microstock photographers.

Of course, you can see "white" and read aloud "black", you are experienced in that.

« Reply #99 on: May 18, 2013, 05:21 »
+9
This is good news for Getty and iStock, not so good news for other Exclusives who are subject to very restrictive rule that others appear to be exempt from.

If they made this 'image exclusive' deal available to everybody then I'm sure they could keep Exclusivity viable. Unfortunately falling sales numbers mean artist exclusivity will become uneconomical in the not too distant future, even if the return per download stays high.


 

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