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Author Topic: Hold on to your wallets! "There are irregularities with October's PP royalties"  (Read 98692 times)

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ShadySue

  • There is a crack in everything
« Reply #400 on: February 25, 2014, 04:22 »
0
Wasn't there some clause in their contracts that would allow contributors to ask for an audit? Wouldn't now be the time for that?

Possibly, it is there for Getty; but at your own expense.


« Reply #401 on: February 25, 2014, 04:29 »
+15
Just got my recoupement email too. I am f***ing incandescent. The f***ing incompetent b***ards!

Totally agree. Unbelievable. Im finally cancelling my account after 10 years and 60,000 sales. Way to disrespect the people who made you rich iStock. Have never come across a less competent business. Ever.

Harvepino

« Reply #402 on: February 25, 2014, 04:31 »
+3
One thing is thought provoking here... So many of us report overpayment, and they say it's only 9k/25k people...? Strange...

May I ask you guys, why are you still with them? Is it worth? Is there no better (and more professional) place for your work in the world? I just can't understand why you accept this issues and treating... You do your photography only for making money, or you do it for fun and joy? If it's only business, should it go this way?

I'm confused...  ::)


Provoking thought indeed. Latest info I found is that iStock has some 85k contributors. http://www.istockphoto.com/forum_messages.php?threadid=208351
If we assume this number is still around 80-90k, then 9k affected contributors would be around 10%. Yet I see pretty much all known names on this forum being affected. So... either iStock is lying big time, or 9k contributors is all that's left.  :o

Why are we still with them? In my case... because they generate 19% of income (used to be 28% a year ago). At this point however, I'm finished with them. Even the low earners with significantly smaller budgets are able to calculate earnings transparently and without errors. They used to be a very bad business partner, now I regard them as plain scum.

« Reply #403 on: February 25, 2014, 04:53 »
+5
$105

I was going to hammer my keyboard to smithereens with a strong retort this morning but what is the point - when it is seemingly beneath their top suits to even put their name on the smarmy email they sent out, let alone a sincere and well deserved apology.

I imagine if this were shareholders being nailed for a dividend "irregularity" it would be on Bloomberg by now.

« Reply #404 on: February 25, 2014, 04:56 »
+4
Quote
They used to be a very bad business partner, now I regard them as plain scum.

Scum is an understatement

« Reply #405 on: February 25, 2014, 05:04 »
+2
I opened a ticket, with them.
--------------------------
I demand a detailed account of day-to-day and image by image of the gains that you feel wrong.
I will not settle for an email with a monetary figure put it that way approximate.
Although earnings are irregular expect a detailed report.
---------------------------

At least give it bother you!
they MUST specifically Reporting back
It is not possible to behave so badly.
I'm very very angry!

« Reply #406 on: February 25, 2014, 05:05 »
+1
over 7k $ already reported here...

Lucadp

« Reply #407 on: February 25, 2014, 05:15 »
+1
$29,46

opened a ticket...i'd like to have a Delorean with timer sets to 2024 to read the answer

« Reply #408 on: February 25, 2014, 05:34 »
+2
Just for record ... my numbers are to similar to LEAF

Over Payment Total=$418.56

I think we all should ask for more detailed information opening a ticket like Aurielaki did ... I will do that today.

« Reply #409 on: February 25, 2014, 05:40 »
0
Just for record ... my numbers are to similar to LEAF

Over Payment Total=$418.56

I think we all should ask for more detailed information opening a ticket like Aurielaki did ... I will do that today.

sent it a few minutes ago!

« Reply #410 on: February 25, 2014, 05:44 »
0
I opened a ticket, with them.
--------------------------
I demand a detailed account of day-to-day and image by image of the gains that you feel wrong.
I will not settle for an email with a monetary figure put it that way approximate.
Although earnings are irregular expect a detailed report.
---------------------------


133 dollar.

I copied your text - is this ok?

« Reply #411 on: February 25, 2014, 05:48 »
+3
My ticket ...

Partner program recoupment.

This situation is not acceptable, how do I know that there aren't also some irregularities where istock is not paying me for the real licenced images? How can you assure me that this time you are making the right calculation of my royalties?

I demand a detailed account of day-to-day and image by image of the gains that are right and that you feel that are wrong in September and October 2013, and a detailed explanation of what was the problem that lead to the amount of $418,26 that you know want to to remove from my royalties.

« Reply #412 on: February 25, 2014, 05:54 »
+2
Over Payment Total=$967.56

Monthly Recoup Amount=$161.26

bxxstxxrds >:(

« Reply #413 on: February 25, 2014, 06:02 »
+3
Over Payment Total=$56.94   Its not a lot but I am very unhappy with the absence of a reasonable explanation. It isn't fair to take money back form some  people and not others based on how bad they screwed up individual accounts. At very least they should waver the first $10 for everyone. >:(

« Reply #414 on: February 25, 2014, 06:06 »
-5
one big question, did that great guy Yuri get the claw back from IS?hehehehehe ;D ;D ;D
If so, how much is it?10k?or 100k?hehehehe ;D

« Reply #415 on: February 25, 2014, 06:21 »
+2
one big question, did that great guy Yuri get the claw back from IS?hehehehehe ;D ;D ;D
If so, how much is it?10k?or 100k?hehehehe ;D

I don't find humor in any of this!

« Reply #416 on: February 25, 2014, 06:28 »
0
I haven't got an email... am I the only one? :o

(Yes, I had very strong October earnings)

« Reply #417 on: February 25, 2014, 06:30 »
+3
If they really had a legit explanatio for all this, it would not be too difficult to automatically create some sheets with the exact calculations and statistics for each contributor. Assuming that the iStock staff has the needed skill set, which they propably don't have...

« Reply #418 on: February 25, 2014, 06:34 »
0
I haven't got an email... am I the only one? :o

(Yes, I had very strong October earnings)

I haven't got one, either, and I had significantly higher PP earnings in October. Then again, the only IS emails that reach me are those confirming a payout request - I'll see at the end of the month  :P

« Reply #419 on: February 25, 2014, 06:34 »
0
I have to pay to istock $127.02 (6 x $21,17) >:(

« Reply #420 on: February 25, 2014, 06:38 »
+1
It really does seem like istock is constantly having accounting problems. If it is not credit card fraud it is software bugs.

« Reply #421 on: February 25, 2014, 06:46 »
0
It really does seem like istock is constantly having accounting problems. If it is not credit card fraud it is software bugs.

They are not very good with numbers. Here they messed up with $50 and $10. In royalty percentages they thought 15% and 50% are the same :P

« Reply #422 on: February 25, 2014, 06:55 »
0
I have to pay back $ 91.92.
I've already sent a ticket to clarify.
« Last Edit: February 25, 2014, 07:01 by bymandesigns »

« Reply #423 on: February 25, 2014, 07:05 »
+7
From istock forum,

Posted By Altinosmanaj:

The fact that Photos.com is shutting down in March is very telling and I am almost certain that what happened is related to Photos.com.


I had an email about the recoupment too amounting to $60.06. However i had a sale for $39.84 for one sale on Photos.com for that month amongs the other sales for a lot less from both thinkstock and photos.com all in total amounting to $74.69 (including the $39.84 from photos.com). So the overpayment is related to photos.com that is for sure.


As the photos.com is now shutting down i can only sespect that they did not pay Istock what they owed when they were suposed to do so. So Istock ended up paying us the money out of their pocket to meet the deadlines and the demands from the contributors while they did not receive the money from photos.com for the sales.


Obviously for Istock to pay us in the first place Istock would have known the sales details. Otherwise they would have not payed us randomly.


So Istock had specific info from photos.com on each of the sales but they did not receive money from Photos.com (hence they are shutting them down).


Meanwhile, Istock had payed us already, but had not received the payments from photos.com. So Istock decides to get the money back from the accounts it payed in. For those sales.


As far as I am concerned the sales did occur for each of the files involved thats why we were payed in the first place. Istock did not made them up.


So for Istock to demand (sorry, they are not even asking for it they are just getting it out of our accounts) the money back, Istock has to really come clean with a reasonable explenation as to why we were payed for those specific sales in the first place and then why we have to give it back. It is clear that the buyers have payed for the files they have dowloaded so we should be entitled to our share.


If Photos.com got payed by the buyer for the sales of our files then refused to pay Istock, Istock has to get the money from Photos.com rather then the contributers.


Have you noticed how the reason for the closure of photos.com is also not explained and kept confidential? Think about it.



If this is true, things are worse than we think now.

« Reply #424 on: February 25, 2014, 07:07 »
0
Its "Over Payment Total=$177.18" for me  :-\
Sending ticket right now


 

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