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Author Topic: 100% Royalty Day May 14, 2014  (Read 21121 times)

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« on: May 08, 2014, 09:09 »
+2
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« Last Edit: May 13, 2014, 20:36 by Audi 5000 »


« Reply #1 on: May 08, 2014, 09:12 »
+16
Must be really getting desperate for some positive press there.

« Reply #2 on: May 08, 2014, 09:13 »
+8
I'm surprised that May 14th is not a Sunday.
Exclusives only, though, that's a pity.

« Reply #3 on: May 08, 2014, 09:14 »
+5
Sounds like good news. Should give some balance to the subscription sales from April.

Exclusives really deserve better treatment, so I am glad to see they are doing something.

« Reply #4 on: May 08, 2014, 09:14 »
+3
Oh for exclusive only ! haha ! of course ...
No way they can do a 50% royalty day for non exclusive !

« Reply #5 on: May 08, 2014, 09:15 »
0
« Last Edit: May 11, 2014, 21:24 by tickstock »

« Reply #6 on: May 08, 2014, 09:18 »
+11
Oh for exclusive only ! haha ! of course ...
No way they can do a 50% royalty day for non exclusive !

Of course not, that's unsustainable. Plus, money doesn't make us happy.

« Reply #7 on: May 08, 2014, 09:21 »
+16
Good. Positive. Nice.

I don't care if I don't profit from it. And I don't care if it's PR. As long as they pay out some more money to fellow photographers and some friends, it is a positive thing.

« Reply #8 on: May 08, 2014, 09:23 »
+12
nice to see they are doing something positive and beneficial for the contributor. 

« Reply #9 on: May 08, 2014, 09:28 »
+1
great news. :)

« Reply #10 on: May 08, 2014, 09:32 »
+4
Now, I'm getting curious... Ellen who?!?

http://www.mystockphoto.org/istock-100-royalty-day-2014/

« Reply #11 on: May 08, 2014, 09:38 »
+3
Something worth celebrating for the exclusives for a change. Enjoy it you rascals.

Don't suppose you could lend me a few quid. Just til payday......

wds

« Reply #12 on: May 08, 2014, 09:44 »
0
Odd that there doens't seem to be a peep about this in the iS forums.

« Reply #13 on: May 08, 2014, 09:45 »
+3
Odd that there doens't seem to be a peep about this in the iS forums.

It's for Exclusives, so it's in the Exclusives forums...  ;)

wds

« Reply #14 on: May 08, 2014, 09:48 »
0
Oops, thanks. I would think that a more general announcement would bring them more positive PR and attract people to exclusivity. It's not like this is going to be kept a secret.

« Reply #15 on: May 08, 2014, 09:50 »
0
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« Last Edit: May 11, 2014, 21:24 by tickstock »

« Reply #16 on: May 08, 2014, 09:53 »
0
Excited to hear this. Only downside is I can sometimes go a few days without video sales...so it will be a crap shoot if someone purchases a video from me on that day. Fingers crossed.

« Reply #17 on: May 08, 2014, 10:03 »
+7
Now, I'm getting curious... Ellen who?!?

http://www.mystockphoto.org/istock-100-royalty-day-2014/


Ellen's the one who took over when Rebecca left, and who didn't feel the need to mingle with contributors.

« Reply #18 on: May 08, 2014, 10:18 »
+1
Now, I'm getting curious... Ellen who?!?

http://www.mystockphoto.org/istock-100-royalty-day-2014/


Ellen's the one who took over when Rebecca left, and who didn't feel the need to mingle with contributors.


Given Rebecca's track record that's not necessarily a bad thing  ;)

That said, it's good to see something positive going on at IS  :)

« Reply #19 on: May 08, 2014, 10:20 »
+5
That's a surprise - a real rave from the grave. as they used to say. Perhaps someone there has realised that they do need contributors after all.

« Reply #20 on: May 08, 2014, 10:31 »
+5
Thanks to iStock. This is a great move in the right direction!!!

« Reply #21 on: May 08, 2014, 12:17 »
+6
But why? With all the erosion policies they've spewed on exclusives over the last year or so what is the real motivation here? Yes, it's positive.....but what is the real reason?

« Reply #22 on: May 08, 2014, 12:35 »
+3
But why? With all the erosion policies they've spewed on exclusives over the last year or so what is the real motivation here? Yes, it's positive.....but what is the real reason?

As Sean already mentioned: They need some good PR for a change. And the cost of it: 1 day out of 365, less than half the content affected, and it's not 100%, it's 100% minues what they already pay to exclusives (somewhere between 30 and 35% on average, I guess)... do the maths yourself. Actually removing the tradition was totally stupid: Bad PR for almost no savings.

But as I said before: I don't care if they do it for PR reasons. Paying out an additional hundred thousands to contributors can't be that bad to question it too much.

« Reply #23 on: May 08, 2014, 12:38 »
+12
But why? With all the erosion policies they've spewed on exclusives over the last year or so what is the real motivation here? Yes, it's positive.....but what is the real reason?


I'm assuming that Ms. Desmaris wanted to do something for this Small Business  week. Getty isn't one of the sponsors, and I couldn't see Ms. Desmaris on any of the webinar lists.

Doing anything one time is a much cheaper way to boost morale than anything ongoing - like paying exclusives their contract percentage on all sales, including Vetta and Getty.

I hope there's a nice big payout to exclusives on that day, but I don't see this in any way signaling a change of heart in the Getty drive to cut costs and get all royalties to 20% maximum.

« Reply #24 on: May 08, 2014, 12:56 »
+2
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« Last Edit: May 11, 2014, 21:25 by tickstock »


 

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