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Author Topic: iStock Payment Changes  (Read 1663 times)

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« on: November 25, 2014, 12:25 »
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Here's a portion of an email I got today:

On December 15, 2014, we will amend the Artists Supply Agreement (ASA) to change the Compensation section to reflect that you will no longer be required to request payments. The ASA amendment will be made available on the site for your review and acceptance at least 30 days in advance of any changes to the payment systems.

After the new ASA has taken effect (January 15, 2015), and once the ability to request payment has been removed (the last day to request payment will be January 21, 2015), account balances of $100 and over will be paid to contributors automatically on a monthly basis. Additionally, on January 31, 2015, your contributor agreement will be assigned by iStockphoto LP to Getty Images (US), Inc. All of the revised 2014 ASA terms will remain exactly the same except the agreement will be with Getty Images (US), Inc., not iStockphoto LP.


 

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