MicrostockGroup

Agency Based Discussion => iStockPhoto.com => Topic started by: Chico on March 30, 2011, 14:28

Title: Getty and Corbis Monopoly by Piclet
Post by: Chico on March 30, 2011, 14:28
Very good way to understand image market since early years.

http://www.mystockphoto.org/getty-and-corbis-monopoly-by-piclet/?utm_source=microstock.info&utm_medium=microstock%2C+photos%2C+stock%2C+photography&utm_campaign=Feed%3A+mystockphotoorg+%28My+Stock+Photography%29 (http://www.mystockphoto.org/getty-and-corbis-monopoly-by-piclet/?utm_source=microstock.info&utm_medium=microstock%2C+photos%2C+stock%2C+photography&utm_campaign=Feed%3A+mystockphotoorg+%28My+Stock+Photography%29)
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: ap on March 30, 2011, 14:38
excellent!
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: PeterChigmaroff on March 30, 2011, 14:42
There is a lot missing from the timeline.
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: lagereek on March 30, 2011, 15:16
I personally know dozens of buyers at Getty, I dont know anybody or even heard of anybody buying from Corbis, maybe Bill is doing most of the buying himself, he can afford it.
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: wiser on March 30, 2011, 19:48
Nice timeline, very easy to follow.

We use to buy RF regularly from Corbis, Alamy, AGE and Getty until IS got as good as it is around 2008-2009 or so (image-quality wise that is).  My shop now mostly buys from Shutterstock and IS. We only go to Getty for the occasional RM stunner for a cover or full page glamour shot.
Title: Photography War
Post by: luissantos84 on March 30, 2011, 20:41
(https://s3.amazonaws.com/Piclet/stock-photography-copyright-piclet-com.png) (http://www.piclet.com)
Via: Free Stock Photography (http://www.piclet.com)
Title: Re: Photography War
Post by: OhGoAway! on March 30, 2011, 21:06
Well, I need a drink now. That was about as cheery as I expected it to be :D
Title: Re: Photography War
Post by: Sean Locke Photography on March 30, 2011, 21:12
That bottom right box about the iStock royalty changes makes no sense at all.
Title: Re: Photography War
Post by: SNP on March 30, 2011, 21:46
look here ;-)

http://www.microstockgroup.com/istockphoto-com/getty-and-corbis-monopoly-by-piclet/msg0/?topicseen#new (http://www.microstockgroup.com/istockphoto-com/getty-and-corbis-monopoly-by-piclet/msg0/?topicseen#new)
Title: Re: Photography War
Post by: BaldricksTrousers on March 31, 2011, 00:57
That bottom right box about the iStock royalty changes makes no sense at all.

+ 1

It's propaganda, but not very good propaganda because I still don't know what it wants me to think.
Title: Re: Photography War
Post by: RacePhoto on March 31, 2011, 01:33
That bottom right box about the iStock royalty changes makes no sense at all.

+ 1

It's propaganda, but not very good propaganda because I still don't know what it wants me to think.

The red camera gun winds backwards.  :D (it's a lefty?)

Interesting collection and timeline.
Title: Re: Photography War
Post by: sharpshot on March 31, 2011, 02:40
That bottom right box about the iStock royalty changes makes no sense at all.
It makes about as much sense as the management spin we get from istock.  They try and polish the turd, this is making it smell worse :)
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: leaf on March 31, 2011, 02:59
I just merged the two similar topics
Title: Re: Photography War
Post by: Sean Locke Photography on March 31, 2011, 03:03
That bottom right box about the iStock royalty changes makes no sense at all.
It makes about as much sense as the management spin we get from istock.  They try and polish the turd, this is making it smell worse :)

No, I mean they are randomly pasting things together:
"In 2010, iStockphoto announced a big change in royalty rates: photographers need to sell more than 150,000 credits a year to receive 40% in royalties, otherwise they'd see a pay cut.  This means iStockphoto receives 85% while photographers receive a payout of 15%."

To start, it makes no sense, because it mixes exclusive with non-exclusive terms.  Then it compares almost the highest of one to the lowest of the other.  It also seems to assume that all exclusives were making 40% prior to the new paradigm.  Then it erroneously assumes everyone who doesn't make 150,000 credits falls to the lowest level of independent.  And photographers don't sell credits.
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: Sean Locke Photography on March 31, 2011, 03:04
I just merged the two similar topics

Ha, you did that right as I was posting in the other one.  I was WTH, where'd it go?
Title: Re: Photography War
Post by: ProArtwork on March 31, 2011, 05:09
That bottom right box about the iStock royalty changes makes no sense at all.
It makes about as much sense as the management spin we get from istock.  They try and polish the turd, this is making it smell worse :)

No, I mean they are randomly pasting things together:
"In 2010, iStockphoto announced a big change in royalty rates: photographers need to sell more than 150,000 credits a year to receive 40% in royalties, otherwise they'd see a pay cut.  This means iStockphoto receives 85% while photographers receive a payout of 15%."

To start, it makes no sense, because it mixes exclusive with non-exclusive terms.  Then it compares almost the highest of one to the lowest of the other.  It also seems to assume that all exclusives were making 40% prior to the new paradigm.  Then it erroneously assumes everyone who doesn't make 150,000 credits falls to the lowest level of independent.  And photographers don't sell credits.

Where is the outrage from those that like to point out misleading information?
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: Microbius on March 31, 2011, 05:42
I guess people are less bothered by nonsense spouted by random bloke on the internet then they are by the COO of an agency that is meant to be representing their interests (?)
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: Piclet on April 19, 2011, 09:34
That bottom right box about the iStock royalty changes makes no sense at all.
It makes about as much sense as the management spin we get from istock.  They try and polish the turd, this is making it smell worse :)

No, I mean they are randomly pasting things together:
"In 2010, iStockphoto announced a big change in royalty rates: photographers need to sell more than 150,000 credits a year to receive 40% in royalties, otherwise they'd see a pay cut.  This means iStockphoto receives 85% while photographers receive a payout of 15%."

To start, it makes no sense, because it mixes exclusive with non-exclusive terms.  Then it compares almost the highest of one to the lowest of the other.  It also seems to assume that all exclusives were making 40% prior to the new paradigm.  Then it erroneously assumes everyone who doesn't make 150,000 credits falls to the lowest level of independent.  And photographers don't sell credits.

Guys, sincere thanks for ripping apart the wording in the ‘royalty changes’ section! It made perfect sense at the time of publishing but with hindsight, it was rather confusing ??? The info has been updated in the graphic...
Title: Re: Getty and Corbis Monopoly by Piclet
Post by: lagereek on April 19, 2011, 12:02
To be quite honest,  I think their monopoly is grossly overrated.
Title: Re: Photography War
Post by: cathyslife on April 19, 2011, 17:03
That bottom right box about the iStock royalty changes makes no sense at all.
It makes about as much sense as the management spin we get from istock.  They try and polish the turd, this is making it smell worse :)

LOL!