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Author Topic: iStock Royalty Change  (Read 65783 times)

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« Reply #25 on: October 25, 2016, 12:52 »
+6
Dreamstime's ahead of them for me this month even with all their PP add-ons. If you just want to look at iStock alone, then the earnings there are trailing Canstock. So there's not much left that they can claw back from me. Not much to get upset about, really.


« Reply #26 on: October 25, 2016, 12:53 »
+8
Surely nobody is still actually producing microstock for the money? That ship definitely sailed.

:)

« Reply #27 on: October 25, 2016, 12:59 »
+16
Like that their subscription royalty of $0.28 wasn't enough to be the lowest in the industry ..
Stopped uploading there awhile ago as uploading was always painful and they were never as big earner as the poll says for me.

ShadySue

« Reply #28 on: October 25, 2016, 12:59 »
+7
I can't imagine why exclusives would submit new material when mostly it'll sell as subs which will mostly earn us a lot less.
And the indie rate is criminal.

Shelma1

« Reply #29 on: October 25, 2016, 13:01 »
+48
My earnings there have been halved since they introduced subs...hardly ever make a non-sub sale there any more.

I'll have to close my account there. I hate to lose the money, but you better bet every other site is watching to see if we're willing to accept 2 royalties. It will suhck to lose the income from there, but if we don't leave everyone else will follow suit, which means a reduction from 38 to 2 at you-know-where, which would mean a YUGE drop in income.

Like we did with DPC, I think it's time for those of us who can to take a stand and bow out. Let them lose a million files overnight.

You knew there was gonna be "exciting news" to follow when they took away our ability to delete files.

« Reply #30 on: October 25, 2016, 13:07 »
+4
Very bad news even with this 10 cents minimum royalty, dont need to overreact with those 2 cents. People here didnt get this right. It was example royalty, minimum is 10 cents. And yes, it is already too low to be truth. So, ill wait to see my next earnings after this change, if it goes too low, i am deleting my entire portfolio as well as account.

modified: Looks like I got it wrong.
« Last Edit: October 25, 2016, 13:40 by panicAttack »

spacedrone808

  • spacedrone808


« Reply #31 on: October 25, 2016, 13:08 »
+3
their site should be DOSsed till they drop:)

« Reply #32 on: October 25, 2016, 13:13 »
+10
The biggest pile of substandard bollox I have ever read from Gty/iS

I'm so glad I stopped uploading there in June when their first load of positive BS arrived about not being able to delete content.

Now we know why they did it. >:(

« Reply #33 on: October 25, 2016, 13:14 »
+5
My earnings there have been halved since they introduced subs...hardly ever make a non-sub sale there any more.

My earning are down by something like $1000 per month since the market peak. I also stopped uploading which obviously also doesn't help.

But I don't blame iStock or Getty (or Shutterstock) for that. The price has collapsed because of the proliferation of content (and because we are no longer in a booming start-up economy or bloggers and new websites). Image is cheap because there is so much of it available. There is no shortage of people who want to be photographers and artists. And today everyone has a a camera in their pocket.

That said - as someone who uses content - it's really hard to find great stuff.
« Last Edit: October 25, 2016, 13:20 by bunhill »

JaenStock

  • Bad images can sell.
« Reply #34 on: October 25, 2016, 13:15 »
+1
Wow...!! i dont like this...!!
What exclusives think about??

Run to Getty forum with Pop Corn...!!

« Reply #35 on: October 25, 2016, 13:18 »
+22
Stopped uploading there long ago and never looked back. Just my 2 cents.

spacedrone808

  • spacedrone808


« Reply #36 on: October 25, 2016, 13:19 »
+22
their announcement was like "hey slaves, wanna have fun? Here you go losers!"

« Reply #37 on: October 25, 2016, 13:19 »
+4
The biggest pile of substandard bollox I have ever read from Gty/iS

I'm so glad I stopped uploading there in June when their first load of positive BS arrived about not being able to delete content.

Now we know why they did it. >:(

Why delete content?! Why not close account?

spacedrone808

  • spacedrone808


« Reply #38 on: October 25, 2016, 13:20 »
0
The biggest pile of substandard bollox I have ever read from Gty/iS

I'm so glad I stopped uploading there in June when their first load of positive BS arrived about not being able to delete content.

Now we know why they did it. >:(

So i cant delete my files from iS?

« Reply #39 on: October 25, 2016, 13:20 »
+3
My earnings there have been halved since they introduced subs...hardly ever make a non-sub sale there any more.

My earning are down by something like $1000 per month since the market peak. I also stopped uploading which obviously also doesn't help.

But I don't blame iStock or Getty (or Shutterstock) for that. The price has collapsed because of the proliferation of content. Image is cheap because there is so much of it available. There is no shortage of people who want to be photographers and artists.

That said - as someone who uses content - it's really hard to find great stuff.

RPD has remained constant or increased for all sites for 7 years with the exception of IS and DP. Price hasn't collapsed at all. Some people's earnings may have gone down due to the proliferation of content but not prices and not RPD.

So in other words the only (major) price collapse goes hand in hand with the general collapse of IStock, not because of proliferation but because they are a bunch of  * *s

Shelma1

« Reply #40 on: October 25, 2016, 13:22 »
+10
Very bad news even with this 10 cents minimum royalty, dont need to overreact with those 2 cents. People here didnt get this right. It was example royalty, minimum is 10 cents. And yes, it is already too low to be truth. So, ill wait to see my next earnings after this change, if it goes too low, i am deleting my entire portfolio as well as account.

I read the email again. The minimum PPF (Price Per File) is 10. The minimum royalty is 2.

ShadySue

« Reply #41 on: October 25, 2016, 13:23 »
+3
The biggest pile of substandard bollox I have ever read from Gty/iS

I'm so glad I stopped uploading there in June when their first load of positive BS arrived about not being able to delete content.

Now we know why they did it. >:(

So i cant delete my files from iS?
Nope, not without giving CR a good reason, then they might deign to remove it for you.
You can't change keywords either, and if iS adds irrelevant keywords to your file, CR seem not to have the ability to remove them (at least that's the CR reply I got).

« Reply #42 on: October 25, 2016, 13:23 »
+3
The biggest pile of substandard bollox I have ever read from Gty/iS

I'm so glad I stopped uploading there in June when their first load of positive BS arrived about not being able to delete content.

Now we know why they did it. >:(

So i cant delete my files from iS?

You have to write to their none existent support and request deletion of images giving a valid "legal" reason >:(

« Reply #43 on: October 25, 2016, 13:25 »
+2
Price hasn't collapsed at all.

Of course it has, across the image market. Today there is a huge and ever growing quantity of free content available to use - especially content which is shared by the users. That inevitably brings down the average cost.

Today everyone has a camera in their pocket. In 2006 relatively few had a digital camera or adequate bandwidth. And back then there was a significantly greater demand for paid content because we were in a boom economy - often built around blogs and websites. Today much of that web activity has been dropped in favour of Facebook.

« Reply #44 on: October 25, 2016, 13:30 »
0
So what are non-exclusive video files going to earn??

« Reply #45 on: October 25, 2016, 13:34 »
+2
Price hasn't collapsed at all.

Of course it has, across the image market. Today there is a huge and ever growing quantity of free content available to use - especially content which is shared by the users. That inevitably brings down the average cost.

Today everyone has a camera in their pocket. In 2006 relatively few had a digital camera or adequate bandwidth. And back then there was a significantly greater demand for paid content because we were in a boom economy - often built around blogs and websites. Today much of that web activity has been dropped in favour of Facebook.

I am going directly from my numbers, my average RPD has increased or remained constant across all the micros except for IS and DP for the last seven years.

I am going by the numbers, not by what I think has happened based on my interpretation of the market. As they say you are entitled to your own opinion but not your own facts.

« Reply #46 on: October 25, 2016, 13:37 »
0
Very bad news even with this 10 cents minimum royalty, dont need to overreact with those 2 cents. People here didnt get this right. It was example royalty, minimum is 10 cents. And yes, it is already too low to be truth. So, ill wait to see my next earnings after this change, if it goes too low, i am deleting my entire portfolio as well as account.

I read the email again. The minimum PPF (Price Per File) is 10. The minimum royalty is 2.

yes, looks like I was wrong, i was in hurry.

dont know what to say...

unbelievable

« Reply #47 on: October 25, 2016, 13:38 »
+11
So I figured it out. You will get a whopping $12.00 for a HD & 4k Download on iStock. I will not be loading my content there! Now you can find my video exclusively at
others sites that treat me well! 

« Reply #48 on: October 25, 2016, 13:38 »
0
I am going by the numbers, not by what I think has happened based on my interpretation of the market.

I am going by how much the content I use costs to use vs what it used to cost.

« Reply #49 on: October 25, 2016, 13:39 »
+31
if we do nothing, every other agency will follow soon.



 

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