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Author Topic: So what are we all going to do?  (Read 34488 times)

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Microbius

« Reply #50 on: September 13, 2010, 01:45 »
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So what are we all going to do?

Nothing.

And iStock knows it.

I wish I believed that there was going to be some uproar, some mass exodus to a site that pays 50% or more, and a buyer revolt and similar exodus to that same site so we could all happily earn 50%+ per sale instead of the 15-20% non-exclusives will be getting. But I have my doubts that any part of that scenario would ever be possible.

Ever the optimist, I'm trying to support and promote sites that I believe to be operating in a more ethical way, and at the same time steering anyone I talk to about stock (buyers and sellers both) away from iStock. Will it have any effect? Who knows. But short of just completely deleting my iStock portfolio, this at least feels like some sort of effort. In the meantime, I'll keep on cashing out my weekly earnings and feeling a bit like a sell-out in doing so. But until December 31st, at least I know I'm still selling images at iStock under the same crappy 20% arrangement that I've always been under. I just wonder how I'll feel about it when it drops to 17% on January 1st, and if I'll still be able to stomach the idea of working with iStock for such a disgustingly low percentage. Guess we'll see then. 

If everyone does what you've been doing, letting our clients and blog readers know what's going on and what the alternatives are, I'm sure of over the long/ medium term there will be a big impact on buyer behaviour.


« Reply #51 on: September 13, 2010, 02:08 »
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LOL! You think they will stop on this? You are wrong!

You may be right, but currently any drop in my income is within the bounds of acceptable. I feel I can make it up with a bit of effort. The alternative would be what though?
If you can suggest something I can do that will have minimal effect on my income I'm all ears. If you're going to suggest giving up exclusivity and uploading to multiple sites, don't bother. I know 2 people who have done this and they're both back as exclusives, poorer but wiser. I'm still earning within the top 10% of incomes in my European country, even with a 10% drop I'm still there and I feel I can make up an income drop by working harder and being more focussed. What suggestion can you offer?

While you ask I will tell you: Have you projected all possibilities?
First is that Getty and exclusivity is something what is must. Other connected with first is that they don't pay more than 20%. So, you will need to project your future earnings at about 20% and see if your income will satisfy you.
Current state and developments are only transitional to that 20% which all Getty authors will have in royalties.

There is what is unsustainable for Getty: All commissions higher than 20%

So, next year you will get what they promised, but after a while they will tweak that you get less in percentage again and over and over again until they hit their sustainable percentage for author royalties!
It is called PHASING-OUT and at the end you will see that you can't get more than 20% as exclusive. Next step probably will be that you pay to upload your images!
It won't happen very fast, but it will happen.

While that is happening you and others who stays with iS and Getty are giving clear signals to other agencies that you are willing to accept less than 20%
Do you think I am not right? See you in few years from now...

« Reply #52 on: September 13, 2010, 02:14 »
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Just to clear that what I previously said:
It is pure interest and my selfishness what drives me to talk to you here.
I have plans to live from doing this and any cut of authors royalties I feel like cut to my personal earnings.
It is not anything against your logic and current position! It is about future where there is action we ALL must do now or will face consequences in the future.

Idea with attracting buyers to FAIR-TRADE sites seems like our best weapon we can use until someone come up with better one.

Microbius

« Reply #53 on: September 13, 2010, 02:26 »
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There is what is unsustainable for Getty: All commissions higher than 20%

More accurate to say "unacceptable" than "unsustainable". IStock showed that payouts much greater than 20% were sustainable, while Getty has shown that with enough mismanagement you can cause a company to fail with 20%.
Getty are just too arrogant to see that maybe IStock had it right and they have it wrong, even though that's the very reason they bought the company.

Otherwise, yep spot on, they will cut exclusives down to 20% while independents will either have to go elsewhere or accept much, much less.

ShadySue

  • There is a crack in everything
« Reply #54 on: September 13, 2010, 02:28 »
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There are alot of other agencies to work with. To begin with Alamy. I make very good $$$$ on there and they give you 60% on each sale. Yes 60%!!!!!!!!!!!!!!!!  Not some slave wage at 15%. And for big fees. Good people at Alamy. Can't fault them. However classic micro style wont sell too well on there. You got to submit editorial style.
Can I just correct this: yes, you get 60% if you sell directly through Alamy. However, if sales are made via their distributers, the distributer fee comes off your 60%. And while fees can be big, a lot of editorial sales are to education and newspapers, who get bi-i-i-i-g discounts off the published prices, so fees can be lower than an EL at iStock would be for the same use.
That said, I've been building my port at Alamy at the expense of my iStock port for some months now.
You can't expect big money quickly (but you could get lucky!): even after you get sales it takes weeks or months for the cash to come in to Alamy so that you can get your hands on it.
So for the moment, I'll continue with the plan of supplying Alamy (editorial) primarily, and keeping a watching brief on my port at iStock and looking at alternatives as time goes on.
Sales directly through Alamy are the majority by a wide margin, you can option out for sales via distribution, sales via a distributor are split like this 40% for the distributor, 20% for Alamy and 40% for you still pretty fair IMHO, Novel Use sales are 50/50 split you can option out for this too.
My sales there are still small so statistically insignificant, but over half of them so far are distributor sales, I'm out of 'novel use' (because it was so vague in definition, iStock exclusives aren't supposed to opt in to it). Because of distributor sales and educational discounts, three of my few sales netted me less than the appropriate EL at iStock would have got.
As I said, I'm building my portfolio up at Alamy; in it for the long game.
But now I don't even think 'eggs in two baskets' is all that smart.

« Reply #55 on: September 13, 2010, 02:39 »
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There is what is unsustainable for Getty: All commissions higher than 20%

More accurate to say "unacceptable" than "unsustainable". IStock showed that payouts much greater than 20% were sustainable, while Getty has shown that with enough mismanagement you can cause a company to fail with 20%.
Getty are just too arrogant to see that maybe IStock had it right and they have it wrong, even though that's the very reason they bought the company.

Otherwise, yep spot on, they will cut exclusives down to 20% while independents will either have to go elsewhere or accept much, much less.

It is a money in matter!
They are greedy and they will do all it takes to get our 20% from sales!
They don't care even if there aren't any buyers at istock due to that they can make as many new sites as they want.
Problem is to break the will of authors to comply to 20%
If authors will accept it (and it looks that they will) then we will remember this current time and years where we had great income from selling stock!

« Reply #56 on: September 13, 2010, 03:05 »
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We can talk but reaction have to be on individual level... If 85% was too big part for their "Agency brokerage" to me, I ll' search for alternatives...
So, if someone is satisfied that his/her hard work and effort feed someone with lobsters and caviar, then ok, he/she will get crumbs from their table and continue to live on prayers...

For me reaction will be a process, not a cut in a single day...
« Last Edit: September 13, 2010, 03:10 by borg »

« Reply #57 on: September 13, 2010, 03:33 »
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Just to clear that what I previously said:
It is pure interest and my selfishness what drives me to talk to you here.
I have plans to live from doing this and any cut of authors royalties I feel like cut to my personal earnings.
It is not anything against your logic and current position! It is about future where there is action we ALL must do now or will face consequences in the future.

Idea with attracting buyers to FAIR-TRADE sites seems like our best weapon we can use until someone come up with better one.

What are the fair trade sites?

Microbius

« Reply #58 on: September 13, 2010, 04:31 »
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Stockfresh Alamy Graphicleftovers

« Reply #59 on: September 13, 2010, 04:52 »
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Stockfresh Alamy Graphicleftovers

Zoonar Yaymicro Featurepics


none of all these is a big seller unfortunately.

« Reply #60 on: September 13, 2010, 05:37 »
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How about being his own boss with a PhotoDeck website, and start working on getting clients via Photographers Direct, mailing lists, etc... ?

helix7

« Reply #61 on: September 13, 2010, 08:46 »
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For me reaction will be a process, not a cut in a single day...

I think that's a good way to look at it. Reactions shouldn't be single events. It's more of an approach over time to change the way we do business and think about who we work with and what our involvement in those companies will be. Along with thinking about which companies we really support, which ones we'll recommend to buyers, and which ones really deserve to be the most recommended.

« Reply #62 on: September 13, 2010, 08:55 »
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I'm seriously considering taking the bull by the horns here. We need the micro stock equivalent of the SAA. Look at the SAA's mission statement, http://www.stockartistsalliance.org/info/about/mission This wouldn't be an organization with dues, just a loosely formed association where contributors can align themselves and agree to certain actions in order to keep these companies in check.  We need a site where contributors can post a link to their portfolio at iStock and sign a petition / agreement to actions against the company in order to force their hand. I like the idea of increased actions over a period of time. I'm looking into a url now, we'll see.
« Last Edit: September 13, 2010, 09:04 by Mr. Stock »

lisafx

« Reply #63 on: September 13, 2010, 09:53 »
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Put me on your list to contact if you get one going.  I have felt we needed something like SAA (or to persuade SAA to start a Micro division) for a long time.  I would even pay dues to help support the agency and the people willing to run it. :)

« Reply #64 on: September 13, 2010, 10:12 »
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I'm seriously considering taking the bull by the horns here. We need the micro stock equivalent of the SAA. Look at the SAA's mission statement, http://www.stockartistsalliance.org/info/about/mission This wouldn't be an organization with dues, just a loosely formed association where contributors can align themselves and agree to certain actions in order to keep these companies in check.  We need a site where contributors can post a link to their portfolio at iStock and sign a petition / agreement to actions against the company in order to force their hand. I like the idea of increased actions over a period of time. I'm looking into a url now, we'll see.


Put me on the list as well... Would be willing to donate $50-$100 for a start (no, I'm not rich  :))

« Reply #65 on: September 13, 2010, 10:20 »
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Me too!
Write my name down please, I want to help.

« Reply #66 on: September 13, 2010, 10:26 »
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What to do? I for one am not affected by this change. I'm not on istock, but this guaranteed I will not be submitting. I do, however, have lots of designer friends all over the country from my years in design. I am emailing and/or calling everyone of them to let them know the situation. The ones I have talked to have agreed to stop purchasing from iStock and go elsewhere. They have also agreed to have a meeting with the staff (as is the case with 2 management friends at large companies) to explain to them. The others that are independent, will be calling and forwarding my email to their designer friends and collegues. This wouldn't work if there wasn't so many agencies to chose from.  

Remember that saying, a good thing happens and you might tell one person, a bad thing happens and you will tell 10?  I have definitely filled my quota of 10 and am still going.

I may be a teeny tiny fish, but this minnow has lots of friends in the business of buying.  

lisafx

« Reply #67 on: September 13, 2010, 10:41 »
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Well done Blufish!  BTW, if any of the buyers are okay with you posting their reactions (anonymously or not), feel free to add them to the Buyers Bail thread :)

« Reply #68 on: September 13, 2010, 10:51 »
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All we have to do is stop uploading. all of us. Just for a week perhaps, like a strike! continue downloading, fine. It will stop Gettys business in its tracks. yet not adversely affect us or take any effort.
 We Just need to pick a date and inform everyone.   How? Anyone?

« Reply #69 on: September 13, 2010, 11:10 »
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BlueFish,
thank you for doing your best to help us, and the industry :)
I've already sent emails, called my friends, everyone I know, printers and designers.
That's done. I'll be sure to do it again in a week or so. 
I'm working on a list of all creative agencies in Ireland.

Can someone draft a well-thought, standard email for us to send / post on web sites? Can I have a look pleaese? (PM).

lisafx

« Reply #70 on: September 13, 2010, 11:20 »
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I think this article by Helix synopsizes things pretty well.  You could link to that:

http://www.emberstudio.com/blog/?p=193

« Reply #71 on: September 13, 2010, 11:24 »
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All we have to do is stop uploading. all of us. Just for a week perhaps, like a strike! continue downloading, fine. It will stop Gettys business in its tracks. yet not adversely affect us or take any effort.
 We Just need to pick a date and inform everyone.   How? Anyone?

stopping uploads will only reduce the size of the queue, I don't think it will really do much.  If exclusives became independent then it would start making a dent in their pocket - money may not matter to us artists (as Kelly, iStock COO wrote), but it sure as hell matters to them.   You don't even need to remove your portfolio, just dropping exclusiveness will drop the prices of your files and will result in less money for iStock.  yes, they take a higher percentage, but it's a higher precentage of less money and thus, less money. They make more money off exclusive files than they do off of indendents.

I"m also curious - and this may be purely anecdotal - but did any of you independents see an increase in downloads at iStock when the price of exclusive files went up?  I'm wondering if buyers are actively searching for files "without the crown" in order to find the cheapest price.  I know I've done that when looking for files some non-profit work I was doing.  I wanted the cheapest file so when I had a choice, I selected a non-exclusive file.  Yes, I felt a little like I was letting down my fellow iStockers, but in the end, it really is about the money.

« Reply #72 on: September 13, 2010, 11:24 »
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All we have to do is stop uploading. all of us. Just for a week perhaps, like a strike! continue downloading, fine. It will stop Gettys business in its tracks. yet not adversely affect us or take any effort.
 We Just need to pick a date and inform everyone.   How? Anyone?

That's what I've started with is to stop uploading. I figured I'd evaluate in December whether I wanted to take the big plunge of pulling my files. I'm still hoping for a reprieve, but I'm definitely not holding my breath for one.

« Reply #73 on: September 13, 2010, 11:24 »
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All we have to do is stop uploading. all of us. Just for a week perhaps, like a strike! continue downloading, fine. It will stop Gettys business in its tracks. yet not adversely affect us or take any effort.
 We Just need to pick a date and inform everyone.   How? Anyone?

I stopped uploading to istock the day they announced their insatiable greed. So should you. For as long as it takes until our 20% non-exclusive commission is restored. You've got to have some self-respect and draw a line in the sand. If that line is not at 20% then where else would you draw it? If it doesn't change then I will simply concentrate on the other sites and attempt to increase my earnings on those until I can afford to lose Istock. We might as well get used to that idea because Istock commissions will probably reduce even further anyway in forthcoming years.

lisafx

« Reply #74 on: September 13, 2010, 11:31 »
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I"m also curious - and this may be purely anecdotal - but did any of you independents see an increase in downloads at iStock when the price of exclusive files went up?  I'm wondering if buyers are actively searching for files "without the crown" in order to find the cheapest price.

I haven't gotten any corresponding bump in sales since the exclusive prices went up.  If anything they have softened even more.  Whether that is due to IS dropping non-exclusive files still further back in the best match search (which they did) or to more buyers exiting after yetanother price rise, I don't know. 


 

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