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Author Topic: 100% Royalty Day May 14, 2014  (Read 16290 times)

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« Reply #50 on: May 08, 2014, 16:24 »
+8
im sure they will tinker w the best match that day to favor getty content ;)


« Reply #51 on: May 08, 2014, 16:34 »
0
If they would give the non-exclusives 100% royalty every day, that would be only 30%. Think about that.

(Yes, I know that you can get a bit more than 15%, you don't have to point that out:))

ShadySue

  • There is a crack in everything
« Reply #52 on: May 08, 2014, 16:42 »
0
If they would give the non-exclusives 100% royalty every day, that would be only 30%. Think about that.

(Yes, I know that you can get a bit more than 15%, you don't have to point that out:))


100% /= 2x

« Reply #53 on: May 08, 2014, 17:56 »
0
.
« Last Edit: May 11, 2014, 21:23 by tickstock »

shudderstok

« Reply #54 on: May 08, 2014, 21:05 »
0
Must be really getting desperate for some positive press there.

that was a press release based on desperation? looks like it was only an announcement for exclusive contributors to me. now you have something new to blog about. the desperate measures of the agency that once was. 
« Last Edit: May 08, 2014, 21:07 by shudderstok »

« Reply #55 on: May 08, 2014, 21:24 »
+1
"Positive press" as in "trying to get a good feeling groove going".  Sorry you didn't get that.

« Reply #56 on: May 08, 2014, 21:40 »
+10
100% royalty would have mean to lot more to me when I was actually making decent money there... they still sell photos right? ;)

shudderstok

« Reply #57 on: May 08, 2014, 21:43 »
+1
"Positive press" as in "trying to get a good feeling groove going".  Sorry you didn't get that.

i got it sean, but i don't think it is an act of desperation. for the most part things are pretty * good over there as an exclusive. that all said GI still needs to learn a few things on keeping contributors happy - for that they get a failing grade and have for years. the powers that be are bankers, need i say more?

« Reply #58 on: May 09, 2014, 03:12 »
+5
IMO the 100% royalty day is a really positive and welcome step, and hopefully the first of many towards restoring a constructive and respectful relationship between iStock and contributors, whether exclusive or indy.

The 'bleed-em dry' strategy of the past few years has comprehensively failed, resulting in contributors earning less, iStock earnings not rising as they desire, and relations becoming so toxic that a successful and optimistic future for the site was looking less and less possible.

As I say I definitely think the 100% royalty day is a good thing, but it's worth noting that iStock will still (presumably) be taking their usual 15-25% cut of all non-USD sales *before* the royalties are calculated.  So good to know that while they'll be paying '100% royalties' for exclusive content on 14th May, they'll still be making a tidy sum from exclusive sales.

Ron

« Reply #59 on: May 09, 2014, 04:04 »
+2
I am no longer with Istock, but I would think that an open dialogue, without the likes of Lobo present, would be a logical step to restore a massively dented relationship. Restoring trust is doesnt happen over day by offering a 100% royalty day. I am not saying its not a good gesture by the way. Its a positive step, but what they need to do is start an honest and open dialogue. Rebecca went for that approach and I think the powers that be didnt like it and I also think she got out as soon as found out what she got into. I think she could have been exactly what IS needed at that time, but she didnt fit the company profile. She was human, not a machine. Getty replaced her with someone else they could handle like a puppeteer handles his puppets.

« Reply #60 on: May 09, 2014, 04:55 »
+2
I didn't realize we could license our images as RF on iStock and on our own site as RM?  Are you sure that's allowed?
I don't know about from our own site, but there's nothing to stop us entering into RM agreements with private buyers. I guess it might be considered morally dubious if they found you on iS and you entered into a private agreement with them, and I've never done that. In fact, the only time someone contacted me via SM to suggest same, I contacted CR, and didn't even get a 'thanks'.
Some might think so many of their actions have been so morally dubious it hardly matters; others might enjoy the moral high ground.

Sue, I'm shocked! That would make you a faux-exclusive!! I'm sure iStock would never tolerate exclusivity being undermined like that!
Not by you, anyway.

JKB

« Reply #61 on: May 09, 2014, 05:45 »
0
It's definitely some positive news and as many have said hopefully the first but not last step towards regaining contributor trust. Having been exclusive and loyal to a fault for half a dozen years it's been hard to see the gradual deterioration of iStock's business practices, with less and less options remaining for its contributors.


Shelma1

« Reply #63 on: May 09, 2014, 06:22 »
+3
So they offer exclusives a tiny crumb of a bonus while simultaneously pushing subscriptions that will undercut their income. And they send tickstock here to broadcast it (I don't remember any other exclusives-only news being trumpeted here).

« Reply #64 on: May 09, 2014, 06:31 »
0
If they would give the non-exclusives 100% royalty every day, that would be only 30%. Think about that.

(Yes, I know that you can get a bit more than 15%, you don't have to point that out:))

It's not 100% more, it's 100%.  So if you are at 30% and you sell a $1 file you would normally get .30 but for May 14th you get $1.

Sorry, my bad. Well, it's still small peanuts for monkeys.

ShadySue

  • There is a crack in everything
« Reply #65 on: May 09, 2014, 06:33 »
+3
So they offer exclusives a tiny crumb of a bonus while simultaneously pushing subscriptions that will undercut their income.

I totally agree, I'd far rather have the right to opt out of subs, and the ability to promote/demote my own files.
The way my sales have gone since 22nd April, I could easily end up with 100% of nothing (or very little).

« Reply #66 on: May 09, 2014, 06:40 »
0
Oh, here's your "good press":
http://www.prnewswire.co.uk/news-releases/istock-by-getty-images-announces-100-royalty-day-on-may-14-to-celebrate-its-exclusive-artists-and-the-launch-of-subscriptions-258450871.html


From the above: "In another move to reward exclusive artists, iStock has also launched a new affiliate program today. Contributors will receive a commission when they drive iStock customers to license any content, regardless of whether it's their own work."

Is this something new, or did I just miss it?

ShadySue

  • There is a crack in everything
« Reply #67 on: May 09, 2014, 06:45 »
0
I didn't realize we could license our images as RF on iStock and on our own site as RM?  Are you sure that's allowed?
I don't know about from our own site, but there's nothing to stop us entering into RM agreements with private buyers. I guess it might be considered morally dubious if they found you on iS and you entered into a private agreement with them, and I've never done that. In fact, the only time someone contacted me via SM to suggest same, I contacted CR, and didn't even get a 'thanks'.
Some might think so many of their actions have been so morally dubious it hardly matters; others might enjoy the moral high ground.

Sue, I'm shocked! That would make you a faux-exclusive!! I'm sure iStock would never tolerate exclusivity being undermined like that!
Not by you, anyway.

Again it's an ambiguous area in their ASA - as so often, totally open to interpretation.

Clause 2a "In this Agreement, "Exclusive Content" ... shall not include ... (3) Content that is "Rights Managed", which is defined as Content produced by the Supplier and licensed for a fee that is based on one or more limited uses and for which usage history is tracked;", so it would depend which clause trumped the other.

Which would depend how keen they were to get rid of someone. In any case, the EASA says, " iStockphoto may also terminate this Agreement ... for any reason"

For the record, I have sold no images from my own, seriously moribund, website, which is personal. I lost a possible sale to Smithsonian magazine because I was outwith web contact when they emailled me hoping for a reply by return. :'(
I've sold 2 RM files from Flickr (which I use for personal pics): one was an American woman wanting a photo of her daughter whom I'd happened to photograph at a public event in Scotland (I should have charged her more, I thought $15 was reasonable, but I hadn't reckoned on PayPal charges) and one was to a magazine, of a night festival, where the main people had motion blur and I thought neither iS nor Alamy would accept them. They did licence two photos from earlier in the evening from Alamy and used them each quite small on the pages, but the Flicker one, panoramic in format, was run over the top of two pages.
« Last Edit: May 09, 2014, 08:22 by ShadySue »

« Reply #68 on: May 09, 2014, 06:46 »
+3
Oh, here's your "good press":
http://www.prnewswire.co.uk/news-releases/istock-by-getty-images-announces-100-royalty-day-on-may-14-to-celebrate-its-exclusive-artists-and-the-launch-of-subscriptions-258450871.html


From the above: "In another move to reward exclusive artists, iStock has also launched a new affiliate program today. Contributors will receive a commission when they drive iStock customers to license any content, regardless of whether it's their own work."

Is this something new, or did I just miss it?


If it was a working affiliate program, that would be new.

ShadySue

  • There is a crack in everything
« Reply #69 on: May 09, 2014, 06:48 »
0
Oh, here's your "good press":
http://www.prnewswire.co.uk/news-releases/istock-by-getty-images-announces-100-royalty-day-on-may-14-to-celebrate-its-exclusive-artists-and-the-launch-of-subscriptions-258450871.html


From the above: "In another move to reward exclusive artists, iStock has also launched a new affiliate program today. Contributors will receive a commission when they drive iStock customers to license any content, regardless of whether it's their own work."

Is this something new, or did I just miss it?


It was in the email exclusives got yesterday, the same one as heralded 100% day.
I went to check it out, but my Getty log in details were refused.
Hardly matters for me (I was just nosey, as usual). I never meet anyone who needs to licence content.

Noedelhap

  • www.colincramm.com

« Reply #70 on: May 09, 2014, 06:52 »
0

Must be really getting desperate for some positive press there.

Must be getting desperate to try and retain exclusives. Let's call it ACDC. Anti Crown Dropping Campaign.

And let's call this Whole Lotta Royalties.

« Reply #71 on: May 09, 2014, 07:26 »
0
.
« Last Edit: May 11, 2014, 21:22 by tickstock »

ShadySue

  • There is a crack in everything
« Reply #72 on: May 09, 2014, 07:36 »
+2
It would be better press if they paid all contributors more fairly all the time rather than some contributors on one token day in three or four years.

Mind you, the collection would just get even more bloated than it is now, so a mixed blessing.

« Reply #73 on: May 09, 2014, 07:38 »
+3

Must be really getting desperate for some positive press there.

Must be getting desperate to try and retain exclusives. Let's call it ACDC. Anti Crown Dropping Campaign.

And let's call this Whole Lotta Royalties.
More like a whole lotta nothing, I'm afraid. This is just announced, no real advertising to the customers, so sales will probably be slight anyway. Sales are down because customers are gone, so it won't be much. Also you still have the factor of sub sales and their aggressive advertising on the website, which is working against the exclusive. And exclusives are leaving. From a corporate standpoint, they are grasping at straws. "Lets put this back, maybe this will fix it!" It has as much value as a gambler sitting at a fixed roulette wheel being offered a free drink.

ShadySue

  • There is a crack in everything
« Reply #74 on: May 09, 2014, 07:51 »
0
And let's call this Whole Lotta Royalties.
More like a whole lotta nothing, I'm afraid. This is just announced, no real advertising to the customers,
Not disagreeing with your other points, but from the email, "We will be aggressively marketing and doing PR around May 14th."


 

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