MicrostockGroup
Agency Based Discussion => iStockPhoto.com => Topic started by: enstoker on October 31, 2016, 14:00
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My personal record: DELETED W/O reading another Istock bullsh.. : 0,5 second
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If you don't have anything on iStock then that was probably the best course of action! If you do have work on there, then probably not!
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This might genuinely be an improvement.
Which would explain why they don't bother calling it "exciting" or "positive" news.
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Incredibly, they are taking away real time reporting of credit sales. Credit sales will now be reported monthly in arrears the same as subs. Looks like we will lose an entire month's earnings when they switch to this in January - January's credit sales will be reported in February and paid in March. Hope I'm wrong, but that's how I read it.
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For me, credit sales were becoming insignificant in the overall mix, most of which appeared without any explanation of what it was for, so seeing the real-time data for that was just depressing and actually gave a false impression of the overall earnings there.
But you're probably right that this will give another boost to their cash flow by delaying some payments.
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Seriously just another con trick thats all. That Lobo schmuck must be laughing his head off but forgetting his job is on the line should takings go down ::)