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Author Topic: iStock changing royalty structure  (Read 350510 times)

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« Reply #400 on: September 08, 2010, 17:34 »
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Today I opened an company account for our ad agency on dreamstime and advised the employees not to use istock anymore. Beyond that I changed the PW of istock to prevent that some of the guys are just following an routine and accidentially buy there.

Well done!  Applause from me.  Hope others follow suit

Yes, very nicely done, I hope many will follow!


« Reply #401 on: September 08, 2010, 17:36 »
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I think you can only deactivate one at a time, which would be a pain with a port as big as yours.

I can't even find a way to do that.  I figured I could start deleting a few at a time, starting with stuff that hasn't sold in a while.  But I can't see a delete or deactivate button anywhere.


Click on the file.  Click on Administration.  Type something in the box.  Click the big blue Deactivate button.  It's a PITA.

« Reply #402 on: September 08, 2010, 17:38 »
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Check this out . .

http://www.istockphoto.com/forum_messages.php?threadid=252382&page=1



Sorry but this is just a waste of time and effort.  Starting petitions, changing your avatar to a red ribbon, it's all pointless and Getty doesn't care.  If the people who started these "movements" spent the same amount of time contacting buyers to educate them on what is happening, we could solve this problem inside of a month.

It's like taking part in a community walk to fight a disease.  The disease doesn't care about your solidarity and your commitment to go for a walk.  You want to make a difference?  Put down your hard earned cash to give it to researchers who are capable of finding a cure.  It's the same with this situation.  Those of you with connections to buyers need to get on the horn if you want real changes.  That takes real work and commitment.  Signing a petition just points out to Getty exactly who needs to be eliminated first.


100% correct.

ShadySue

  • There is a crack in everything
« Reply #403 on: September 08, 2010, 17:40 »
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I posted a translation of iStock's reply. LOL  (Those of you who know me know what's coming.  For the rest of you, this ought to be a bit fun.)

http://bit.ly/istockchanges

Well done! :-)

« Reply #404 on: September 08, 2010, 17:40 »
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I doubt the majority of buyers care how much we earn. They just want the right image and at bargain price.

Do you stop buying cheap things because they are made by cheap labor?


Check this out . .

http://www.istockphoto.com/forum_messages.php?threadid=252382&page=1



Sorry but this is just a waste of time and effort.  Starting petitions, changing your avatar to a red ribbon, it's all pointless and Getty doesn't care.  If the people who started these "movements" spent the same amount of time contacting buyers to educate them on what is happening, we could solve this problem inside of a month.

It's like taking part in a community walk to fight a disease.  The disease doesn't care about your solidarity and your commitment to go for a walk.  You want to make a difference?  Put down your hard earned cash to give it to researchers who are capable of finding a cure.  It's the same with this situation.  Those of you with connections to buyers need to get on the horn if you want real changes.  That takes real work and commitment.  Signing a petition just points out to Getty exactly who needs to be eliminated first.

ap

« Reply #405 on: September 08, 2010, 17:47 »
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I doubt the majority of buyers care how much we earn. They just want the right image and at bargain price.



i think the obvious way to hit istock is to deactivate your best sellers, the ones that make istock the place for buyers to shop. if everyone can do that all at once, for a day, a week, and see how that affects istock's bottomline...

of course this will affect everyone's earnings, but this is better than to deactivate your entire portfolio or to walk away altogether. this is the equivalent of a strike. but it must be coordinated to happen in one fell swoop.

« Reply #406 on: September 08, 2010, 17:47 »
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I doubt the majority of buyers care how much we earn. They just want the right image and at bargain price.

As was pointed out earlier in this thread, many designers are artists too and all too are familiar with the plights we face trying to get agencies to treat us fairly.  Therefor it is possible some amount of empathy can be expected.

However the best argument to make to any designer is that -

1) The same images are available at a cheaper price at other sites
2) Despite the cheaper price, the artist will receive a larger commission due to a more fair profit sharing between the agency and artist

That's all that needs to be said.  Include a direct link to the same image selling cheaper (but not ridiculously cheap) at a reputable agency.  I also think it goes without saying that most artists are slightly anti-authoritarian and probably would view Getty in a much more negative light than say, Bigstock or Stockfresh.  

I really don't think it is a difficult sell at all.

« Reply #407 on: September 08, 2010, 17:48 »
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I posted a translation of iStock's reply. LOL  (Those of you who know me know what's coming.  For the rest of you, this ought to be a bit fun.)

http://bit.ly/istockchanges

Well done! :-)


Haha thanks.  I guess I have a bit of a reputation as a crap-stirrer in microstock so this was the perfect opportunity for me to be snarky.  I make less on iStock than I do The3DStudio most months so if they banhammer me for being real, so be it.

« Reply #408 on: September 08, 2010, 17:51 »
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Let's be constructive! There are some points in the new concept I do like. Measuring the seriousness of contributors according their current annual performance is not such a bad idea. What I dislike are the actual numbers. They took what Yuri can produce (and he alone) and made it as a starting point, I mean as the highest limit. I do not mind if they give him extra, no doubt he is the most serious player in the league, so give him more. But please open the 20% (independents) club for some mortals as well. Place this limit to somewhere around 60-100k, then most serious players can jump it and secure their current income. I suggest that IS should shift this whole limit-structure with one or two steps backwards compared to the annoucment - then I could take side with them.

As an example: I am on the brink of being qualified for that 150k limit club. Last year I passed it, this year I have a chance but it's not sure yet - I'll be close that's for sure. And who am I? I am a bit late starter compared to the real IS veterans but I am already somewere around the 80th position in overall number of downloads. That's cool, we can say I am doing well and I feel myself pretty serious. It seems I am in their first 10 most successful indenpendents (if not then definitely within the first 15) but still I have no chance to keep my income and have a chance to miss even the second group? I think this is disproportionate.

« Reply #409 on: September 08, 2010, 17:52 »
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Click on the file.  Click on Administration.  Type something in the box.  Click the big blue Deactivate button.  It's a PITA.

No wonder I couldn't find it.  Thanks; I figure I can deactivate a few every day as my little protest.

lisafx

« Reply #410 on: September 08, 2010, 17:55 »
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Do you really think anything as feeble as an upload boycott is going to work, when 90% of submitters are probably still in blissful ignorance about this?

Yes, given enough months, I think it has a very good chance. It's not as feeble an idea as doing nothing at all which seems to be your main suggestion. All submitters should be aware of the situation as they have had the email.

Upload boycotts have worked to improve things with other sites that lowered royalties.  I don't know if one will work at IS.   I don't even know if doing what we can to drive buyers to the more reasonable sites will work.  But I do know that doing nothing will guarantee we all go down the tubes.  There is no doubt about that.  

At some point it isn't just about how much you think you can change.  I am not certain we can get them to change anything.  For me it is an issue of deciding whether I want to to stand up for myself or just accept whatever crumbs Istock wants to toss my way without protest.  

Either way, my income is going to be affected.  Not only will I lose probably 10% of my IS income (which is 4-5% of my overall income), but I expect I will also lose income on the other sites when brilliant photographers who have been exclusive begin competing with me on the other sites.  We are all in for some pain.  The question is should we try to salvage the industry or just let it go down.  I'm gonna try and salvage what I can because that's what I believe in.  

For the moment, I am going to contact every buyer I know, let them know what's happening to image producers at Istock, and offer them better choices of where to shop.  I have also suspended uploading for the time being.  I am leaving it open when I will resume uploading - don't want to box myself into a corner.  Others are free to do what their consciences dictate.  

BTW, Balderick, my initial comment about defeatism was not directed at you, and I don't think you fit that description.

grp_photo

« Reply #411 on: September 08, 2010, 18:01 »
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The brilliant ones will remain exclusive the other ones are no threat at all but most of them will remain exclusive too.

lisafx

« Reply #412 on: September 08, 2010, 18:03 »
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Do you stop buying cheap things because they are made by cheap labor?


Actually, Yes.  

For example, my husband and I stopped shopping at WalMart a few years ago when I found out they were squeezing their suppliers to shut down US and other Western factories that paid a living wage and instead open sweatshops in third world countries.  I have persuaded others to do the same.  

Just today I drove 5 miles out of my way to buy a bouquet of flowers for a friend from a local Florist who supports my church, rather than just picking them up at the supermarket by my house.

Are WalMart or the supermarket going to go out of business?  No.  But I feel better about my choices, and if enough people did the same then the economy would not be in the toilet as it is.    

« Reply #413 on: September 08, 2010, 18:03 »
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Click on the file.  Click on Administration.  Type something in the box.  Click the big blue Deactivate button.  It's a PITA.

No wonder I couldn't find it.  Thanks; I figure I can deactivate a few every day as my little protest.

Someone could probably write a macro to automate the whole process. Its what I did for deactivating files from DT and FT. Depending on your internet speed you can program your computer deactivate thousands of images in minutes with very little hassle.

« Reply #414 on: September 08, 2010, 18:03 »
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It may be the case for the non-exclusives.

However, do you get paid more at other sites? From my recollections, even though IS only gave me 20%, I still got higher dollar amount, than, SS and FT, 123, Veer, etc. With DT, my Level 4 images were doing comparably ok but their sub sales sucked.  

I doubt the majority of buyers care how much we earn. They just want the right image and at bargain price.

As was pointed out earlier in this thread, many designers are artists too and all too are familiar with the plights we face trying to get agencies to treat us fairly.  Therefor it is possible some amount of empathy can be expected.

However the best argument to make to any designer is that -

1) The same images are available at a cheaper price at other sites
2) Despite the cheaper price, the artist will receive a larger commission due to a more fair profit sharing between the agency and artist

That's all that needs to be said.  Include a direct link to the same image selling cheaper (but not ridiculously cheap) at a reputable agency.  I also think it goes without saying that most artists are slightly anti-authoritarian and probably would view Getty in a much more negative light than say, Bigstock or Stockfresh.  

I really don't think it is a difficult sell at all.

« Reply #415 on: September 08, 2010, 18:08 »
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I can understand that some minority will do as you are doing. But the majority are watching their own bottom lines. You said something to that effect, too, Lisa. Many people do it from the view point of political protectionists, instead of thinking about fairness. If you don't have enough money to go somewhere else, will you still buy at Walmart? What if Walmart does not have 5DM2?
 


Do you stop buying cheap things because they are made by cheap labor?


Actually, Yes.  

For example, my husband and I stopped shopping at WalMart a few years ago when I found out they were squeezing their suppliers to shut down US and other Western factories that paid a living wage and instead open sweatshops in third world countries.  I have persuaded others to do the same.  

Just today I drove 5 miles out of my way to buy a bouquet of flowers for a friend from a local Florist who supports my church, rather than just picking them up at the supermarket by my house.

Are WalMart or the supermarket going to go out of business?  No.  But I feel better about my choices, and if enough people did the same then the economy would not be in the toilet as it is.    

« Reply #416 on: September 08, 2010, 18:13 »
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It's bad enough, but the introduction of other collections will make it even harder to get those credits.  You think non-exclusive search placement is bad now, wait until this mystery fully owned content is added.  It will take the first 10  search pages, then 15 pages of exclusives then us - the excluded.  Unless they see the 85% potential of pushing the excludeds to the top.

lisafx

« Reply #417 on: September 08, 2010, 18:17 »
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It may be the case for the non-exclusives.

However, do you get paid more at other sites? From my recollections, even though IS only gave me 20%, I still got higher dollar amount, than, SS and FT, 123, Veer, etc. With DT, my Level 4 images were doing comparably ok but their sub sales sucked.  


Just for informational purposes - this past August my $/DL numbers at the top three PPD sites were:  Istock $1.07, Fotolia $ 1.44, and Dreamstime $1.83.  This is including sub sales.  The very high rates for PPD still mean that I score considerably higher on a per sale basis at FT and DT than IS.  And that is as it currently stands.  Only gonna get worse when the new rates kick in.  So yeah, it only makes sense to direct buyers to those sites.  

Don't understand your WalMart question?  What does it matter to me whether or not WalMart carries the 5DII if I don't shop there?  
« Last Edit: September 08, 2010, 18:19 by lisafx »

« Reply #418 on: September 08, 2010, 18:24 »
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Lisa, your reply makes sense because you have a lot of higher level images at DT and your canister level is high at FT. While at IS, your BD status does not generate more money for you because you are an independent.

As to the Walmart comment, I meant that if other alternative stores do not carry what you want or carry what you can afford, you will have no choice but to buy from Walmart. But I worded it wrongly so I understand why you didn't get my point.

It may be the case for the non-exclusives.

However, do you get paid more at other sites? From my recollections, even though IS only gave me 20%, I still got higher dollar amount, than, SS and FT, 123, Veer, etc. With DT, my Level 4 images were doing comparably ok but their sub sales sucked.  


Just for informational purposes - this past August my $/DL numbers at the top three PPD sites were:  Istock $1.07, Fotolia $ 1.44, and Dreamstime $1.83.  This is including sub sales.  The very high rates for PPD still mean that I score considerably higher on a per sale basis at FT and DT than IS.  And that is as it currently stands.  Only gonna get worse when the new rates kick in.  So yeah, it only makes sense to direct buyers to those sites.  

Don't understand your WalMart question?  What does it matter to me whether or not WalMart carries the 5DII if I don't shop there?  

« Reply #419 on: September 08, 2010, 18:26 »
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Having spent a couple of hours reading up on what's going on, and the havoc IS has created, I can only add that I'm as disgusted as most at the current events.

However, I feel the majority of solutions and counter measures mentioned, are equal to shooting yourself in the foot. Even despite the drop in royalties for the majority of both exclusives and non-exclusives, IS will still remain in the top tier - did the math for our fairly medium sized portfolio and performance. IS will surely drop a notch or two in our ranking, but still not enough to completely withdraw completely

Next step from IS management might well be a change in contributor agreement - forcing us to either accept or reject their new royalty structure.

(...)The people we should worry about are the defeatists (...)

I'd usually agree to such a statement, but in this case, given a chronic oversupply across the industry, as well as IS' long-time standing as market leader, I see very little options left than to either reject or accept their horrendous proposal.

The decision to reject Getty's ThinkStock offer was considerably easier after StockXpert's demise, but apparently, the signal sent to Getty Corp. by opting-out of their ThinkStock proposal wasn't even close to being strong enough to allow such dramatic (and undesirable) royalty changes to be proposed in the first place.

« Reply #420 on: September 08, 2010, 18:39 »
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For the moment, I am going to contact every buyer I know, let them know what's happening to image producers at Istock, and offer them better choices of where to shop.  I have also suspended uploading for the time being.  I am leaving it open when I will resume uploading - don't want to box myself into a corner.  Others are free to do what their consciences dictate.  

BTW, Balderick, my initial comment about defeatism was not directed at you, and I don't think you fit that description.

Lol Gostwyck does :)

Contacting buyers is a practical step. It amounts to going nuclear. It may be the only answer. I'll suspend uploading for a short while in case there is a widespread move in that direction.

« Reply #421 on: September 08, 2010, 18:39 »
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From Sylvanworks (copy paste)...

OK, the folks at HQ have been reading the responses and have been putting together a reply. I'm going to lock this so everyone can catch their breath for a few minutes. I've been told the response will be posted within the next hour

This has become their modus operandi and I am SOOOO tired of it. I will be happy to make things easier for them. I have ZERO trust in the cr*p that comes out of their mouths anymore.

KB

« Reply #422 on: September 08, 2010, 18:44 »
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From Sylvanworks (copy paste)...

OK, the folks at HQ have been reading the responses and have been putting together a reply. I'm going to lock this so everyone can catch their breath for a few minutes. I've been told the response will be posted within the next hour

This has become their modus operandi and I am SOOOO tired of it. I will be happy to make things easier for them. I have ZERO trust in the cr*p that comes out of their mouths anymore.
You're now in the clear majority with that thinking, Cathy.

« Reply #423 on: September 08, 2010, 18:56 »
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I doubt the majority of buyers care how much we earn. They just want the right image and at bargain price.

I think a good portion of buyers are designers or artists themselves...I DO think they care. I would hope that they would be sympathetic. I know that I have read some posts by buyers, either here or in the istock forum, that stated as much.

edit: sorry, just read Dan's post, he said the same thing. Been trying to read through the 12 pages that have been added since I left this morning.

KB, do I detect a little sarcasm in your remark? Or is my general pissiness from this whole debacle spilling over into your innocent post?  ;)
« Last Edit: September 08, 2010, 19:06 by cclapper »

« Reply #424 on: September 08, 2010, 19:00 »
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I just wonder in what drugs are iStock and Greedy???
« Last Edit: September 08, 2010, 19:07 by Suljo »


 

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