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Author Topic: Is iStock worth it?  (Read 19578 times)

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« Reply #100 on: March 27, 2017, 13:27 »
+5
It was never unsustainable. All they meant was it cost them more than they wanted to pay. Even the top tiers were quite modest.


« Reply #101 on: March 28, 2017, 14:19 »
0
It's interesting what comes up when you Google Carlyle Group Chapter 11 bankruptcy. 

WOW!  That's more than interesting, it's astounding. Or maybe not.....

« Reply #102 on: March 28, 2017, 14:24 »
+3
It's interesting what comes up when you Google Carlyle Group Chapter 11 bankruptcy. 

WOW!  That's more than interesting, it's astounding. Or maybe not.....
The old saying if you owe the bank $600 you have a problem if you owe the bank $600m the bank has a problem

RoamingPro

  • I am here but was from there a long time ago
« Reply #103 on: March 28, 2017, 14:51 »
+1
Pardon me for my ignorance, where do you people see those 19 cents or 9 cents?

From my ESP, I could only see the total, and not the individual sales.

Thanks for enlightening me!
In ESP, go to Royalties - Export
Download the text file - it will look like garbage, but if you then import it into a spreadsheet like Excel or Google sheets, you'll have your details (delimited text file - auto detect or tab-delimited).

« Reply #104 on: March 28, 2017, 16:25 »
+4
Interesting what you guys keep digging up.

A friend of mine with a 9k portfolio is giving up exclusivity this week.

Looks like there is a new wave of exclusives leaving the sinking ship and this means lots of good content coming to the other sites.

I dont think Getty itself will die, it will eventually be sold again for a very low price, so that the owners can get at least some money back. They might have to file for bankrupcy first, but the vultures will be ready.

Adobe and SS might split Getty between themselves, Adobe does not have an editorial division, but they already have macrostock. SS has editorial, but only a small macro collection with offset.

They are the two biggest companies with money, I really dont see anyone else getting in.

They have fooled too many people too many times, so I doubt they can find an outside investor again.

But you never know, maybe the reality distortion field of Klein will work one last time.

« Reply #105 on: March 28, 2017, 19:12 »
+2
Interesting what you guys keep digging up.

A friend of mine with a 9k portfolio is giving up exclusivity this week.

Looks like there is a new wave of exclusives leaving the sinking ship and this means lots of good content coming to the other sites.

I dont think Getty itself will die, it will eventually be sold again for a very low price, so that the owners can get at least some money back. They might have to file for bankrupcy first, but the vultures will be ready.

Adobe and SS might split Getty between themselves, Adobe does not have an editorial division, but they already have macrostock. SS has editorial, but only a small macro collection with offset.

They are the two biggest companies with money, I really dont see anyone else getting in.

They have fooled too many people too many times, so I doubt they can find an outside investor again.

But you never know, maybe the reality distortion field of Klein will work one last time.

Wasn't there a hypothesis that Getty/Istock wanted to eliminate exclusivity? Push out exclusives to the point where they could kill the exclusivity program? Because there is no way Getty will keep paying them more than 15%? Something along those lines.

« Reply #106 on: March 28, 2017, 19:18 »
+2
Interesting what you guys keep digging up.

A friend of mine with a 9k portfolio is giving up exclusivity this week.

Looks like there is a new wave of exclusives leaving the sinking ship and this means lots of good content coming to the other sites.

I dont think Getty itself will die, it will eventually be sold again for a very low price, so that the owners can get at least some money back. They might have to file for bankrupcy first, but the vultures will be ready.

Adobe and SS might split Getty between themselves, Adobe does not have an editorial division, but they already have macrostock. SS has editorial, but only a small macro collection with offset.

They are the two biggest companies with money, I really dont see anyone else getting in.

They have fooled too many people too many times, so I doubt they can find an outside investor again.

But you never know, maybe the reality distortion field of Klein will work one last time.

Wasn't there a hypothesis that Getty/Istock wanted to eliminate exclusivity? Push out exclusives to the point where they could kill the exclusivity program? Because there is no way Getty will keep paying them more than 15%? Something along those lines.

Yeah, I remember that idea being floated awhile back.  Makes sense.  If that's their plan, it's another short sighted one IMO.  Once their exclusive little birds have been out of the cages and seen how well they can do elsewhere,  they may just fly the coop altogether.

« Reply #107 on: March 28, 2017, 19:23 »
0
Interesting what you guys keep digging up.

A friend of mine with a 9k portfolio is giving up exclusivity this week.

Looks like there is a new wave of exclusives leaving the sinking ship and this means lots of good content coming to the other sites.

I dont think Getty itself will die, it will eventually be sold again for a very low price, so that the owners can get at least some money back. They might have to file for bankrupcy first, but the vultures will be ready.

Adobe and SS might split Getty between themselves, Adobe does not have an editorial division, but they already have macrostock. SS has editorial, but only a small macro collection with offset.

They are the two biggest companies with money, I really dont see anyone else getting in.

They have fooled too many people too many times, so I doubt they can find an outside investor again.

But you never know, maybe the reality distortion field of Klein will work one last time.

Wasn't there a hypothesis that Getty/Istock wanted to eliminate exclusivity? Push out exclusives to the point where they could kill the exclusivity program? Because there is no way Getty will keep paying them more than 15%? Something along those lines.

Yeah, I remember that idea being floated awhile back.  Makes sense.  If that's their plan, it's another short sighted one IMO.  Once their exclusive little birds have been out of the cages and seen how well they can do elsewhere,  they may just fly the coop altogether.
That idea was never floated as far as I know.  It has however been said on this forum for years.  As far back as I can remember no one that left exclusivity (high level) has come back here and said they are making more as an independent, can you think of anyone?

ShadySue

  • There is a crack in everything
« Reply #108 on: March 28, 2017, 19:48 »
+1
That idea was never floated as far as I know.  It has however been said on this forum for years.  As far back as I can remember no one that left exclusivity (high level) has come back here and said they are making more as an independent, can you think of anyone?
Conversely, has any former high-level exclusive come back here and said they're earning less, in the medium-long term?

« Reply #109 on: March 28, 2017, 19:51 »
0
That idea was never floated as far as I know.  It has however been said on this forum for years.  As far back as I can remember no one that left exclusivity (high level) has come back here and said they are making more as an independent, can you think of anyone?
Conversely, has any former high-level exclusive come back here and said they're earning less, in the medium-long term?
Yes.

ShadySue

  • There is a crack in everything
« Reply #110 on: March 28, 2017, 19:54 »
+2
That idea was never floated as far as I know.  It has however been said on this forum for years.  As far back as I can remember no one that left exclusivity (high level) has come back here and said they are making more as an independent, can you think of anyone?
Conversely, has any former high-level exclusive come back here and said they're earning less, in the medium-long term?
Yes.
Which was who? or just link to their post. As they posted here, it's not revealng a confidence.

« Reply #111 on: March 28, 2017, 20:08 »
0
That idea was never floated as far as I know.  It has however been said on this forum for years.  As far back as I can remember no one that left exclusivity (high level) has come back here and said they are making more as an independent, can you think of anyone?

Conversely, has any former high-level exclusive come back here and said they're earning less, in the medium-long term?

Yes.

Which was who? or just link to their post. As they posted here, it's not revealng a confidence.

Cobalt, here is the table with iStock indie included:



Now, no more tables until some months ahead. :0) I need to go back and upload and categorize images. kkkk. Just kidding.


After 10 months he was at 51% of income for one month, on average it would have been down about 66% for those 10 months.  I can't think of anyone else who came back and gave numbers though.

ShadySue

  • There is a crack in everything
« Reply #112 on: March 28, 2017, 20:18 »
+2
I'm not sure I'd have expected much more in ten months, though I did say medium term.

However, nowadays, with the vast fall in income many people, even high ranking exclusives from what I'm reading, are making on iS, it wouldn't be so difficult. 2012 was my best year on iS; it's been downhill all the way from there. 2012 was peak year for quite a few.

« Reply #113 on: March 28, 2017, 20:19 »
+3
That idea was never floated as far as I know.  It has however been said on this forum for years.  As far back as I can remember no one that left exclusivity (high level) has come back here and said they are making more as an independent, can you think of anyone?

Conversely, has any former high-level exclusive come back here and said they're earning less, in the medium-long term?

Yes.

Which was who? or just link to their post. As they posted here, it's not revealng a confidence.

Cobalt, here is the table with iStock indie included:



Now, no more tables until some months ahead. :0) I need to go back and upload and categorize images. kkkk. Just kidding.


After 10 months he was at 51% of income for one month, on average it would have been down about 66% for those 10 months.  I can't think of anyone else who came back and gave numbers though.


Not a full benchmark.  Lucato at that time had thousands of files still needing to be uploaded to the other micros.  You cannot upload one fraction of your port to other micros then make the claim that indy sales aren't cutting it.  A proper comparison would be to have all 7K ish files on the main micros he has listed and let it ride for at least one year.  That snapshot was five years ago. A lot has changed at IStock since then...and other micros as well.  Would love to see his snapshot today and hear his feedback.

« Reply #114 on: March 28, 2017, 20:22 »
0
Not a full benchmark.  Lucato at that time had thousands of files still needing to be uploaded to the other micros.  You cannot upload one fraction of your port to other micros then make the claim that indy sales aren't cutting it.  A proper comparison would be to have all 7K ish files on the main micros he has listed and let it ride for at least one year.  That snapshot was five years ago. A lot has changed at IStock since then...and other micros as well.  Would love to see his snapshot today and hear his feedback.
Yep it's not a full benchmark but I would guess he put his best work up first.  Do you have a better set of data to look at? 

« Reply #115 on: March 28, 2017, 20:53 »
+1
Not a full benchmark.  Lucato at that time had thousands of files still needing to be uploaded to the other micros.  You cannot upload one fraction of your port to other micros then make the claim that indy sales aren't cutting it.  A proper comparison would be to have all 7K ish files on the main micros he has listed and let it ride for at least one year.  That snapshot was five years ago. A lot has changed at IStock since then...and other micros as well.  Would love to see his snapshot today and hear his feedback.
Yep it's not a full benchmark but I would guess he put his best work up first.  Do you have a better set of data to look at?
No and I am not questioning your post. It's better than we usually see here.  I was merely stating that it would be nice to see a 'full' benchmark is all.

« Reply #116 on: March 28, 2017, 20:59 »
+16
I left exclusivity two years ago.  I was diamond with 110,000 downloads.  My portfolio isn't huge - just 4,000 images.

I have spent the last two years rekeywording, reprocessing, and gradually uploading to agencies on a seasonal basis.  Doing the rekeywording has been exceptionally time consuming, but necessary.

In my second full year (just finished) I earned about 15% LESS than I used to earn in my final few months as an istock exclusive.  I have never had a month as an independent where I earned more than I used to earn as an exclusive.

Nearly all the independent agencies have met my expectations.  The one exception is Shutterstock which has been a big disappointment.  It's been very hard indeed building momentum there, and I am earning about $1,000 a month LESS from Shutterstock than I expected at this point.  Had Shutterstock met my expectations I would now be earning a little more each month compared to when I was exclusive (and probably quite a bit more than I would now be making at istock had I remained exclusive).  Anyone deciding to leave the exclusive ranks now needs to be aware that Shutterstock is probably NOT going to meet expectations.

Having said all of this, I'll bet that had I stayed at istock my earnings would have continued to decline (as others are experiencing), and I suspect that my independent earnings are now slightly higher than I would now be making as an exclusive.

So the grass is not greener, but I can tell everyone that it is a HUGE relief not to have the stress and worry of being tied to an agency that is clearly in long term decline.

ShadySue

  • There is a crack in everything
« Reply #117 on: March 28, 2017, 21:04 »
+1
Lucato said his iS sales fell off after his best year which was 2010.
http://www.microstockgroup.com/general-stock-discussion/april-earnings-percentages/msg417696/#msg417696

« Reply #118 on: March 28, 2017, 21:10 »
0
Lucato said his iS sales fell off after his best year which was 2010.
http://www.microstockgroup.com/general-stock-discussion/april-earnings-percentages/msg417696/#msg417696

Yeah but weren't there people back then saying everyone should drop exclusivity, it's much better as an independent?  With iStock "declining" and every other site doing great you would think it would obviously result in an increase. 

« Reply #119 on: March 28, 2017, 21:12 »
0
I left exclusivity two years ago.  I was diamond with 110,000 downloads.  My portfolio isn't huge - just 4,000 images.

I have spent the last two years rekeywording, reprocessing, and gradually uploading to agencies on a seasonal basis.  Doing the rekeywording has been exceptionally time consuming, but necessary.

In my second full year (just finished) I earned about 15% LESS than I used to earn in my final few months as an istock exclusive.  I have never had a month as an independent where I earned more than I used to earn as an exclusive.

Nearly all the independent agencies have met my expectations.  The one exception is Shutterstock which has been a big disappointment.  It's been very hard indeed building momentum there, and I am earning about $1,000 a month LESS from Shutterstock than I expected at this point.  Had Shutterstock met my expectations I would now be earning a little more each month compared to when I was exclusive (and probably quite a bit more than I would now be making at istock had I remained exclusive).  Anyone deciding to leave the exclusive ranks now needs to be aware that Shutterstock is probably NOT going to meet expectations.

Having said all of this, I'll bet that had I stayed at istock my earnings would have continued to decline (as others are experiencing), and I suspect that my independent earnings are now slightly higher than I would now be making as an exclusive.

So the grass is not greener, but I can tell everyone that it is a HUGE relief not to have the stress and worry of being tied to an agency that is clearly in long term decline.
Thanks for that.  You said after 2 years you earned 85% of what you used to, what happened during the 2 years?  FWIW these first couple months of the year have been very encouraging, I'm more optimistic now than I've been in probably 4 or 5 years but I'll have to see how it plays out in the next few months.

« Reply #120 on: March 28, 2017, 23:05 »
0
Pardon me for my ignorance, where do you people see those 19 cents or 9 cents?

From my ESP, I could only see the total, and not the individual sales.

Thanks for enlightening me!
In ESP, go to Royalties - Export
Download the text file - it will look like garbage, but if you then import it into a spreadsheet like Excel or Google sheets, you'll have your details (delimited text file - auto detect or tab-delimited).

Thanks for the guidance, RoamingPro. Opened fine tab-delimited in Libreoffice 5 Calc. Not that I was all that excited about seeing those stats anyway. Oh, well, at least I had only one 15-cent royalty in Jan-Feb---what a comfort....
[To be fair, there were a few >$1 and a couple >$2. Still, not even enough to make payout this month.]

drd

« Reply #121 on: March 29, 2017, 02:08 »
+2
Thanks for that.  You said after 2 years you earned 85% of what you used to, what happened during the 2 years?  FWIW these first couple months of the year have been very encouraging, I'm more optimistic now than I've been in probably 4 or 5 years but I'll have to see how it plays out in the next few months.

I still don't get it. Are you trying to convince us or yourself that istock is still worth it?

dpimborough

« Reply #122 on: March 29, 2017, 02:30 »
+4
Thanks for that.  You said after 2 years you earned 85% of what you used to, what happened during the 2 years?  FWIW these first couple months of the year have been very encouraging, I'm more optimistic now than I've been in probably 4 or 5 years but I'll have to see how it plays out in the next few months.

I still don't get it. Are you trying to convince us or yourself that istock is still worth it?

Tickstock is a well known fan for all things Getty/iStock  ;)

« Reply #123 on: March 29, 2017, 10:31 »
+3
I left exclusivity two years ago.  I was diamond with 110,000 downloads.  My portfolio isn't huge - just 4,000 images.

I have spent the last two years rekeywording, reprocessing, and gradually uploading to agencies on a seasonal basis.  Doing the rekeywording has been exceptionally time consuming, but necessary.

In my second full year (just finished) I earned about 15% LESS than I used to earn in my final few months as an istock exclusive.  I have never had a month as an independent where I earned more than I used to earn as an exclusive.

Nearly all the independent agencies have met my expectations.  The one exception is Shutterstock which has been a big disappointment.  It's been very hard indeed building momentum there, and I am earning about $1,000 a month LESS from Shutterstock than I expected at this point.  Had Shutterstock met my expectations I would now be earning a little more each month compared to when I was exclusive (and probably quite a bit more than I would now be making at istock had I remained exclusive).  Anyone deciding to leave the exclusive ranks now needs to be aware that Shutterstock is probably NOT going to meet expectations.

Having said all of this, I'll bet that had I stayed at istock my earnings would have continued to decline (as others are experiencing), and I suspect that my independent earnings are now slightly higher than I would now be making as an exclusive.

So the grass is not greener, but I can tell everyone that it is a HUGE relief not to have the stress and worry of being tied to an agency that is clearly in long term decline.

It takes time to build momentum at Shutterstock. I had a 3 year uploading pause with sinking sales as a result, particularly towards the end of the period. After 18 months of uploading again, I'm still not nearly where I was, but sales are increasing.

My iStock sales are going one way only: down. I'm now at 10-15% of the income that I had 5-6 years ago, and I have no idea what images are selling. Time to remove my portfolio.

MRommens

« Reply #124 on: March 29, 2017, 10:50 »
+2
Last month i had two downloads of 11 and 18 cents
That's too low!



 

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