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Author Topic: Getty e-mail about iStock "Contributor Facing Changes"  (Read 41656 times)

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« Reply #175 on: July 18, 2016, 20:45 »
+3
This definitely seems like the lead-up to the release of iStock September Self-Destruct v3.0, as they drop everybody's royalty rates to the flat Getty 20%.

Now that would be an improvement on the crappy 15% they give to none exclusives
with no chance of making it to the 16% threshold

I agree. I do not believe for one second that we will all get bumped to 20 percent.  Video is 10 percent or less now and I am at 15% on stills. 20 would be a big fat raise. No way they level set to 20 for those getting less.


« Reply #176 on: July 19, 2016, 01:58 »
+6
If they lose enough exclusives, they might scrap exclusivity and give us all 20%.  It would be a way to make it look like they were increasing their commission without costing much.  It might make me consider uploading again but I doubt it.

« Reply #177 on: July 19, 2016, 02:29 »
0
sharpshot has a point though, the offset against exclusives dropping from 35-40% t0 20% against a rise from 15-16-17 to 20% might just give them the edge below the line

« Reply #178 on: July 19, 2016, 02:33 »
+7
Right, you cut all Exclusives from 35%-40% down to 20% and you can easily afford to bump Indies from 15% up to 20%.

This way they streamline everyone to 20% and then it is just like on Getty where everyone is already locked in at 20%.

Then they can tell the bankers they still might have a chance to survive and "Woo-Yays" all around.

So, one, single, shi**y rate for everyone, except Yuri of course.

« Reply #179 on: July 19, 2016, 02:40 »
+7
And the reason to drop the big royalty-cut bomb in September is simple. iStock has had one of its worst revenue years in the last 15. If they reduce their contributor payouts during the 3 best selling months of the year, then they still have a chance of dressing up their balance sheet a bit to show a revenue spike in Q4.

« Reply #180 on: July 19, 2016, 02:47 »
+4
Great. So glad I was never in this for the money. Since I wont even be making lens cap money anymore, I need to call KK Thompson and thank him for his great vision.

http://www.istockphoto.com/article_view.php?ID=371

« Reply #181 on: July 19, 2016, 03:18 »
+2
So, one, single, shi**y rate for everyone, except Yuri of course.

Yuri grandfathered with his 50% "exclusive"/"non-exclusive" deal with them 8)
Even if it will be 50% from... Zero sales ;D

« Reply #182 on: July 19, 2016, 03:27 »
+20
Anyway, I am removing all my images but one from iStock before August 20th - whilst I can.
I don't have any more positive expectations from them. Nothing good for contributors will happen this September on Getty in that I am sure.  >:(

« Reply #183 on: July 19, 2016, 04:38 »
+4
It's back to the future! istock will be selling your images for 10 cents. :)
« Last Edit: July 19, 2016, 04:41 by goober »

« Reply #184 on: July 19, 2016, 12:08 »
0
Anyway, I am removing all my images but one from iStock before August 20th - whilst I can.
I don't have any more positive expectations from them. Nothing good for contributors will happen this September on Getty in that I am sure.  >:(
Curious why you are leaving one?  If we deactivate them all do we need to retest?  I may want to upload some things there in the future, but they will not be as many as I would before.

« Reply #185 on: July 19, 2016, 13:23 »
+1
Curious why you are leaving one?  If we deactivate them all do we need to retest?  I may want to upload some things there in the future, but they will not be as many as I would before.

When I quit uploading to / dealing with istock, I didn't even leave one image, but I didn't close my account either. I left it open just in case something turned around...which, of course, it never has. It also allowed me to use my profile page as a "reference"...I could provide a link and show that I had reached gold. Not sure if those are the same reasons Karen is leaving only one image.

https://secure.istockphoto.com/profile/cathyclapper2

spc

« Reply #186 on: July 19, 2016, 13:29 »
+11
We can only expect things to get worse if they'll have full control over a huge collection of images. I just removed mine. It was an easy decision because I only had a small portfolio there.

« Reply #187 on: July 19, 2016, 15:23 »
+6
Curious why you are leaving one?  If we deactivate them all do we need to retest?  I may want to upload some things there in the future, but they will not be as many as I would before.

In my case I left 100 images that were shot at an iStockalypse (when I was exclusive) and which I contractually may not sell elsewhere. I have access to my account and all the history that way - I'd leave one image just so I could look at deactivation dates, upload dates and so on (until they remove or break all the software that provides that information).

They can make any rules they want about passing a test - they could say that as I haven't uploaded since 2013 I'd have to retest if they wanted; contract can change whenever, and if you don't like it you can leave :) So keeping images doesn't insulate you from anything, but, for the moment at least, preserves some history

« Reply #188 on: July 19, 2016, 16:23 »
+27
Sent an email to IStock ... closing my account. It's been a good ride since 2005. Can't deal with Getty's nonsense any longer.

« Reply #189 on: July 19, 2016, 21:06 »
+8
I'm go go going. It's go time.
« Last Edit: July 19, 2016, 21:55 by goober »

stockVid

« Reply #190 on: July 19, 2016, 21:32 »
+7
I've gone.

« Reply #191 on: July 20, 2016, 00:17 »
+15
Wooohoooo, with everyone pulling their portfolios on iStock, pretty soon I will have all those $0.10 royalties all to myself. I'll just be rolling in dough and buy a round of lens-caps for everyone!
« Last Edit: July 20, 2016, 00:53 by PixBoxx »

« Reply #192 on: July 20, 2016, 02:00 »
0

« Reply #193 on: July 21, 2016, 11:19 »
+2
Can anyone tell me the procedure to close my iStock account? I deleted all my files, and emailed them on the same day the notice about the changes came out, requesting to close my account and be paid out the balance of my earnings. I have received nothing but an auto-response back. Replied to that a couple days later and... nothing.

Is there any other way I am supposed to be doing this or must I just wait indefinitely to hear back from them?

ShadySue

« Reply #194 on: July 21, 2016, 11:43 »
+3
...must I just wait indefinitely to hear back from them?
Yup. They're busy just now.

« Reply #195 on: July 21, 2016, 18:03 »
0
...must I just wait indefinitely to hear back from them?
Yup. They're busy just now.

I just got a reply from them and it took almost a week.

« Reply #196 on: July 22, 2016, 00:35 »
0
It's been a couple of days for me. No answer still.

« Reply #197 on: July 22, 2016, 01:57 »
0
And? Will they pay the balance?

ShadySue

« Reply #198 on: July 22, 2016, 04:54 »
0
It's been a couple of days for me. No answer still.
At times, four weeks and counting is not unusual.
Also, I've had tickets just 'disappear' after a few weeks.
And sometimes tickets are answered almost instantly.

ShadySue

« Reply #199 on: July 22, 2016, 04:55 »
0
And? Will they pay the balance?
As I said earlier in this thread, previous msg posts say that they do, but it might come in stages, like reporting.


 

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