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Author Topic: iStock changing royalty structure  (Read 351653 times)

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lagereek

« Reply #1025 on: September 29, 2010, 10:37 »
0
Nah, this isnt about exclusivity/independant and its not even greed either (although always greedy)  when Bruce sold out, he knew the Getty reputation * well, he knew they were on par with Corporate raiding, etc,
IS has since day one been a thorn in the side and now the thorn is gradually going to be removed and its dying right in front of our very eyes.


SNP

  • Canadian Photographer
« Reply #1026 on: September 29, 2010, 10:45 »
0
the friendly neighbourhood naysayers

You seem to be missing the fact that *you* are the naysayer in this neighborhood.

lol, actually, that's true....:-D I had to laugh...

FWIW, iStock and I have had a number of disagreements. I usually take them straight to contributor relations, and they deal with it or they don't.if you really 'know' me...and you were to actually take the time to go back and review my history with iStock...you'd see there are plenty of issues I'm not on board with. but I do respect iStock staff immensely, and I think they know their sh*t.

I think a lot of people over here feel otherwise because they've had bad experiences getting work accepted, or because you're independents, and you have a legitimate gripe with iStock, especially with the latest royalty drop for independents. I think you are being screwed, which I've said since it was announced. I'm not opted into the partner program, I think TS etc., is a joke. since the announcement about Agency and Vetta results being tied together...I'm very worried that at some point the partner program will not be optional.

they've gone back on their word about Vetta price increases, not much can be said about that. it's done. I take those concerns straight to admin/contributor relations. when I post here, it's simply because so much of what is reported is inaccurate. that has been perverted into I'm a cheerleader for iStock. whatever, I'm not going to fight that....it will just make me look defensive. but it's not accurate. as for the corporate shill BS....David, keep justifying your position....I would be too if I'd made the error in judgment I believe you have. and now you're acting like some martyr/hippie for photographer's rights. give me a break.
« Last Edit: September 29, 2010, 11:18 by & then... »

« Reply #1027 on: September 29, 2010, 11:30 »
0
Sorry, go back and re-read that quote from Wikipedia, you yourself have made that very admission earlier on in this whole drama (in the buyers leaving thread if I recall correctly), that you were on the attack because your income was on the line.  That is all I was really pointing out.

As for your perception and theorizing about any particular loss I will take from this, as I have said repeatedly it is far less than you are trying to make out.  This appears to be another one of your defensive strategies, as convincing exclusives not to leave (fear tactics) would in theory help iStock retain its buyers with its exclusive images (their sole remaining advantage over the other microstocks).  You don't even have the data to make any valid claims, as you have never been independent.


All this talk about martyrdom, etc is from you.  You seem to believe I am making some kind of noble sacrifice here, but I'm really just choosing not to do business with an unethical company.  You keep claiming you don't shop at Walmart, and then throw in the caveat that you do shop there when it is convenient for you (curry powder I believe?).  This says as much as anyone needs to know about any argument you will put forth:  "I don't do it, unless its convenient for me, regardless of impact to others".
« Last Edit: September 29, 2010, 11:37 by dgilder »

« Reply #1028 on: September 29, 2010, 11:32 »
0
GREAT points. Cas is right. They should have hired you as a consultant. They'd be untouchable in the market and it would be a veritable IS lovefest at the contributor level.

And having caught everybody who was anybody in the iStock exclusive net .... they would have cut the commission rates, because in the absence of competition why would they need to pay so much?

That's a little detail that gets overlooked: it was the existence of competition that let to "exclusivity" being invented in the first place, and props up the commission rates to this day.

Eh, dammit Trousers. You are absolutely right, too. How conveniently I/we forget the value of competition in this, or any, market.

SNP

  • Canadian Photographer
« Reply #1029 on: September 29, 2010, 11:45 »
0
 This says as much as anyone needs to know about any argument you will put forth:  "I don't do it, unless its convenient for me, regardless of impact to others".

thankfully - anyone who knows me in real life would attest that this is precisely opposite to who I am. I prioritize volunteer work, social work and helping other people in all areas of my life. but these forums are not real life. anyways, I digress. I don't have the stomach for posting on MSG clearly. I never do very well over here. I think I'll crawl back into my comfy armchair and just read again as I have for the last year.

TheSmilingAssassin

    This user is banned.
« Reply #1030 on: September 29, 2010, 11:46 »
0
the friendly neighbourhood naysayers

You seem to be missing the fact that *you* are the naysayer in this neighborhood.

lol, actually, that's true....:-D I had to laugh...

FWIW, iStock and I have had a number of disagreements. I usually take them straight to contributor relations, and they deal with it or they don't.if you really 'know' me...and you were to actually take the time to go back and review my history with iStock...you'd see there are plenty of issues I'm not on board with. but I do respect iStock staff immensely, and I think they know their sh*t.

I think a lot of people over here feel otherwise because they've had bad experiences getting work accepted, or because you're independents, and you have a legitimate gripe with iStock, especially with the latest royalty drop for independents. I think you are being screwed, which I've said since it was announced. I'm not opted into the partner program, I think TS etc., is a joke. since the announcement about Agency and Vetta results being tied together...I'm very worried that at some point the partner program will not be optional.

they've gone back on their word about Vetta price increases, not much can be said about that. it's done. I take those concerns straight to admin/contributor relations. when I post here, it's simply because so much of what is reported is inaccurate. that has been perverted into I'm a cheerleader for iStock. whatever, I'm not going to fight that....it will just make me look defensive. but it's not accurate.

People are getting pissy with you because youre not allowing them to tell their piece without you jumping in and smacking them in the face.

From what I can see, those that have had negative experiences with Istock (which is the majority) are voicing their beefs and youre knocking them down because you havent had the same experiences as they have.  Your good experience and confidence in istock doesnt erase their bad experiences and mistrust in them.  

If you have concerns you take them to contributor relations... why?  You dont want the negative press affecting your sales in the long run, am I right?  I can understand your position.  Youve had it easy on istock and youre worried that these people are going to screw things up for you in the future but its istock that has screwed things up and thats what youre failing to recognise.  

Only 17% of contributors are exclusive and next year, how many independents do you think will stick around getting paid peanuts for their efforts?  You can argue all you like but if you think this announcement wont have a negative effect on you in the long run, youre deluded.  If the company cant sustain itself now, how will it survive when a good majority of independents walk out or at best stop uploading and upload elsewhere?  Istock will have to make their money up for their losses somehow and the only ones left to screw will be the exclusives.  

Also, to say that istocks content is better than those at any other agent is just arrogant.  There are many talented exclusives at istock, but there are just as many, if not more independents at both istock and the other agents that are equally talented.  Without being able to differentiate their products with superior content, istocks model is going to fall on its arse.  It doesnt matter how you look at it or from which angle, istock s future is looking grim.  Contributors have lost confidence and trust in them, buyers are starting to see the light and their exclusives (even you) are having doubts about them... even if they fail to admit to it.

So if independents have had it as rough as you say, why not allow them to speak their minds here, freely.  Your increase in sales have not made their losses easier to stomach.  Let them vent, they have a right.
« Last Edit: September 29, 2010, 11:55 by pseudonymous »

« Reply #1031 on: September 29, 2010, 13:45 »
0
[snip]

Yet another burka then ... I'm no hawk eye, but they're just so easy to spot! & then ... Or, so then, what's the point of changing one's name? Call me simple, but I just don't get it.

« Reply #1032 on: September 29, 2010, 14:39 »
0
...
This is all just speculation of course ... now if you'll excuse me I have some images to send to scout  ::)


I agreed with your earlier post, I thought it was a concise and balanced perspective. but this one.....you've gone down the same road as the friendly neighbourhood naysayers--. your 'facts' aren't facts at all and your comments are skewed to kowtow to the point of view of the majority here. you seem to have quite a bit of business sense, so it's disappointing to see your latest post.

I could not have stated more clearly, "THIS IS ALL JUST SPECULATION".  Where do you get this, "your 'facts' aren't facts at all",  LOL.

My two previous, long posts are not contradictory.  Istock are trying to evolve in a rational and positive way,  AND they may screw it up because they have become part of a large corporation who dominate the market and therefore are in danger of being deaf and dumb to the needs of their customers and suppliers.

« Reply #1033 on: September 29, 2010, 15:00 »
0
Wow. It certainly is a seachange at iStock, with the contributors now saying the prices are too expensive. Fascinating.

http://www.istockphoto.com/forum_messages.php?threadid=255972

lisafx

« Reply #1034 on: September 29, 2010, 15:04 »
0
Jeez, I take one HALF day off from keeping up with this ongoing train wreck and I feel like I am completely in the dark. 

Apparently Joyze posted some updates?  Would anyone be willing to break down the changes (if any) for me?   

Yes, you would all be well within your rights to tell me to ferret it out for myself, in that massive forum thread, or elsewhere.  But I hope someone will take pity on me and at least post a link to where I can find out any new, relevant information. 

Thanks in advance :)

SNP

  • Canadian Photographer
« Reply #1035 on: September 29, 2010, 15:11 »
0
Jeez, I take one HALF day off from keeping up with this ongoing train wreck and I feel like I am completely in the dark. 

Apparently Joyze posted some updates?  Would anyone be willing to break down the changes (if any) for me?   

Yes, you would all be well within your rights to tell me to ferret it out for myself, in that massive forum thread, or elsewhere.  But I hope someone will take pity on me and at least post a link to where I can find out any new, relevant information. 

Thanks in advance :)


changes are all updated in here

http://www.istockphoto.com/forum_messages.php?threadid=253532&page=1

« Reply #1036 on: September 29, 2010, 15:12 »
0
the friendly neighbourhood naysayers

You seem to be missing the fact that *you* are the naysayer in this neighborhood.

lol, actually, that's true....:-D I had to laugh...

FWIW, iStock and I have had a number of disagreements. I usually take them straight to contributor relations, and they deal with it or they don't.if you really 'know' me...and you were to actually take the time to go back and review my history with iStock...you'd see there are plenty of issues I'm not on board with. but I do respect iStock staff immensely, and I think they know their sh*t.

I think a lot of people over here feel otherwise because they've had bad experiences getting work accepted, or because you're independents, and you have a legitimate gripe with iStock, especially with the latest royalty drop for independents. I think you are being screwed, which I've said since it was announced. I'm not opted into the partner program, I think TS etc., is a joke. since the announcement about Agency and Vetta results being tied together...I'm very worried that at some point the partner program will not be optional.

they've gone back on their word about Vetta price increases, not much can be said about that. it's done. I take those concerns straight to admin/contributor relations. when I post here, it's simply because so much of what is reported is inaccurate. that has been perverted into I'm a cheerleader for iStock. whatever, I'm not going to fight that....it will just make me look defensive. but it's not accurate.

People are getting pissy with you because youre not allowing them to tell their piece without you jumping in and smacking them in the face.

From what I can see, those that have had negative experiences with Istock (which is the majority) are voicing their beefs and youre knocking them down because you havent had the same experiences as they have.  Your good experience and confidence in istock doesnt erase their bad experiences and mistrust in them.  

If you have concerns you take them to contributor relations... why?  You dont want the negative press affecting your sales in the long run, am I right?  I can understand your position.  Youve had it easy on istock and youre worried that these people are going to screw things up for you in the future but its istock that has screwed things up and thats what youre failing to recognise.  

Only 17% of contributors are exclusive and next year, how many independents do you think will stick around getting paid peanuts for their efforts?  You can argue all you like but if you think this announcement wont have a negative effect on you in the long run, youre deluded.  If the company cant sustain itself now, how will it survive when a good majority of independents walk out or at best stop uploading and upload elsewhere?  Istock will have to make their money up for their losses somehow and the only ones left to screw will be the exclusives.  

Also, to say that istocks content is better than those at any other agent is just arrogant.  There are many talented exclusives at istock, but there are just as many, if not more independents at both istock and the other agents that are equally talented.  Without being able to differentiate their products with superior content, istocks model is going to fall on its arse.  It doesnt matter how you look at it or from which angle, istock s future is looking grim.  Contributors have lost confidence and trust in them, buyers are starting to see the light and their exclusives (even you) are having doubts about them... even if they fail to admit to it.

So if independents have had it as rough as you say, why not allow them to speak their minds here, freely.  Your increase in sales have not made their losses easier to stomach.  Let them vent, they have a right.


RE:
From what I can see, those that have had negative experiences with Istock (which is the majority) are voicing their beefs and youre knocking them down because you havent had the same experiences as they have.
There is a good chance our hammer wielding friend is only interested in how these changes affect her own life and business

RE:
If you have concerns you take them to contributor relations... why?  You dont want the negative press affecting your sales in the long run, am I right?  I can understand your position.  Youve had it easy on istock and youre worried that these people are going to screw things up for you in the future but its istock that has screwed things up and thats what youre failing to recognise.
I think the main reason she is taking on people in this forum is that she believes the changes at istock will be beneficial to her brand.  She believes that high producing exclusives will be rewarded by the changes istock has made and she is choosing to believe the parts of the propaganda machine which she feels will be benificial to her own business; she will be part of the club who will benifit from inclusion into the "elite superchared istock brand" whos financial benifits are avaliable only to high producing exclusives, the elite club will recieve a significant boost in sales an the changes will mean less competition from independents and low producing exclusives who can no longer compete because they will have diminishing shooting/production budgets, etc.  There are a few istock exclusives participating more often on the msg boards; in hopes of detering the shut out and departing competition from generating and spreading negative istock press which will derail their new found boost in percieved income and prestige  

RE:
Only 17% of contributors are exclusive and next year, how many independents do you think will stick around getting paid peanuts for their efforts?  You can argue all you like but if you think this announcement wont have a negative effect on you in the long run, youre deluded.  If the company cant sustain itself now, how will it survive when a good majority of independents walk out or at best stop uploading and upload elsewhere?  Istock will have to make their money up for their losses somehow and the only ones left to screw will be the exclusives.  
You have only to look at Getty's history to see that this will be the case. Denial, selfishness and arrogance can be costly.

RE:
Also, to say that istocks content is better than those at any other agent is just arrogant.  

There are many talented exclusives at istock, but there are just as many, if not more independents at both istock and the other agents that are equally talented.  Without being able to differentiate their products with superior content, istocks model is going to fall on its arse.  It doesnt matter how you look at it or from which angle, istock s future is looking grim.  Contributors have lost confidence and trust in them, buyers are starting to see the light and their exclusives (even you) are having doubts about them... even if they fail to admit to it.
I think this has already happend in the eyes of buyers.  I came to the conclusion that image quality was not superior at istock a few years ago and these days you do not have any trouble finding images of equal quality and content on other agencies for a much better price. I have discused this with a number of buyers, design firms and agencies and we all agree.  

I think many of the latest moves are an attempt by istock to change those perceptions, however they are more likely to make the problem worse by killing the buyer and contributor geese that lay the golden eggs.
« Last Edit: September 29, 2010, 17:11 by gbalex »

« Reply #1037 on: September 29, 2010, 15:25 »
0
Jeez, I take one HALF day off from keeping up with this ongoing train wreck and I feel like I am completely in the dark. 

Apparently Joyze posted some updates?  Would anyone be willing to break down the changes (if any) for me?   

Yes, you would all be well within your rights to tell me to ferret it out for myself, in that massive forum thread, or elsewhere.  But I hope someone will take pity on me and at least post a link to where I can find out any new, relevant information. 

Thanks in advance :)


Nothing big in Joyze's update here. Agency folks do not participate in our sweepstakes to  get to various royalty rates (there was worry the high prices would push all of us down as their RC totals would be so high.

Some non answers as to why Hulton Archive can be a non-exclusive exclusive but others can't.

lisafx

« Reply #1038 on: September 29, 2010, 16:41 »
0
I see.  Thanks for the links guys.  JoAnn, you are right - I didn't see anything particularly new.  More a clarification of what's already been said. 

Hopes risen and then dashed again...

« Reply #1039 on: September 29, 2010, 16:49 »
0
Wow. It certainly is a seachange at iStock, with the contributors now saying the prices are too expensive. Fascinating.

http://www.istockphoto.com/forum_messages.php?threadid=255972


Remember tnat 1-2-3 credits was unbearable for you, and that you asked scores (if not hundreds) of times that these prices were reduced (an so, potographer's earnings)

« Reply #1040 on: September 29, 2010, 16:54 »
0
When talking of exclusives"  and "elite" it should be reminded that this status is not an istock election, but a free choice for anyone with 250 or 500 downloads. Have we exclusive some privileges? Yes, but  in exchange of not selling at 10 other sites. It's no a matter of "elite", it's a simple matter of choice.
« Last Edit: September 29, 2010, 16:58 by loop »

vlad_the_imp

« Reply #1041 on: September 29, 2010, 16:58 »
0
.
« Last Edit: September 29, 2010, 17:07 by vlad_the_imp »

« Reply #1042 on: September 29, 2010, 17:02 »
0
So, oh great business guru , the majority have had negative experiences? Link please?


http://www.istockphoto.com/article_view.php?ID=861

This is a good one.  ;D

« Reply #1043 on: September 29, 2010, 17:48 »
0
as for the corporate shill BS....David, keep justifying your position....I would be too if I'd made the error in judgment I believe you have.
I see "corporate shill" very clearly...if you do not understand this view point, I'm not sure what else I can say to enlighten you...the pom poms are looking very dirty and tattered... *steps off bodily fluid covered platform*...

« Reply #1044 on: September 29, 2010, 18:28 »
0
Wow. It certainly is a seachange at iStock, with the contributors now saying the prices are too expensive. Fascinating.

http://www.istockphoto.com/forum_messages.php?threadid=255972


Remember tnat 1-2-3 credits was unbearable for you, and that you asked scores (if not hundreds) of times that these prices were reduced (an so, potographer's earnings)


:D Wrong all around again. And quite an exaggeration. You have a vivid imagination, I see. Of course, you won't back up anything you say so, as usual, you lack any kind of credibility.

vonkara

« Reply #1045 on: September 29, 2010, 19:16 »
0
What are the royalties?
For dowloads here at iStockphoto, the royalties will range from 22, 24, 26, 28 & 30%.


What's that... wasn't 25-30-35-40-45% for exclusive downloads ???

TheSmilingAssassin

    This user is banned.
« Reply #1046 on: September 29, 2010, 19:31 »
0

So, oh great business guru , the majority have had negative experiences? Link please?

I was going to ignore your idiocy like everyone else has judging from your profile but I felt sorry for you.

I refuse to believe you're that thick that you require a link to substantiate what is obvious to everyone.  Since you seem to be lacking both reason and logic, I will spell it out for you.  82% of contributors at istock are independents.  Istock's new structure has screwed independents (which you're fully aware of), making them the majority with negative experiences. 

I don't need to hit the ignore button, I can skip over most of your frantic posts without any assistance from this site... but I can understand why so many others have chosen to ignore you.  A link wasn't required here.  You knew I was right, you were just being a brat as usual.  You seem to argue just for sake of arguing and it makes you look like a goose.

TheSmilingAssassin

    This user is banned.
« Reply #1047 on: September 29, 2010, 19:43 »
0
When talking of exclusives"  and "elite" it should be reminded that this status is not an istock election, but a free choice for anyone with 250 or 500 downloads. Have we exclusive some privileges? Yes, but  in exchange of not selling at 10 other sites. It's no a matter of "elite", it's a simple matter of choice.

I don't believe anyone is suggesting that exclusives shouldn't be looked after more than independents because exclusives miss out on potential revenue elsewhere.  Its only fair that exclusives get a better deal at any agent.  However it's the ever increasing gap between independents and exclusives that most people are protesting about.  Istock are pushing the boundaries to the limit and its gotten to the point where its no longer sustainable for independents to remain on board.  Its bad enough that their crappy 20% commission is dropping further but to be pushed back in search results on top of that, means their revenue will fall even further.  By doing what Istock has done, it will drive independents away which will drive buyers away and in the long run, exclusives will start to take a hit as well.

« Reply #1048 on: September 29, 2010, 21:57 »
0
What are the royalties?
For dowloads here at iStockphoto, the royalties will range from 22, 24, 26, 28 & 30%.


What's that... wasn't 25-30-35-40-45% for exclusive downloads ???


The first numbers are the new Vetta royalty percentages. They put Vetta prices up on Monday and changed Vetta percentages the same day. Other royalties are unchanged until January 2011

Pixel-Pizzazz

« Reply #1049 on: September 29, 2010, 22:27 »
0
Wow. It certainly is a seachange at iStock, with the contributors now saying the prices are too expensive. Fascinating.

http://www.istockphoto.com/forum_messages.php?threadid=255972


An ad like this (but for $0.50) is what first lured me to IS, way back when...

http://www.istockphoto.com/forum_messages.php?threadid=18935&page=1

Some will argue that the changes have brought more money - but my experience is that it's been pretty much the same money all along - but just for fewer and fewer sales.

The good old days.
« Last Edit: September 29, 2010, 22:42 by Pixel-Pizzazz »


 

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