from the horse's mouth :




"We have found a good distribution partner (Getty Images) for the kind of content we produce. We will be removing all images from microstock doing the next few weeks. Microstock, especially subscription sites, are not suited for the kind of high production cost images we produce. "

Sort of confused here... what is that a quote from? A person? A company? ...is it big?

Sort of confused here... what is that a quote from? A person? A company? ...is it big?

Yuri Arcurs announced from now on he's distributed exclusively by Getty Images and will remove all his images from micro agencies.

http://www.microstockgroup.com/19377/19377/msg317436/#msg317436

(no idea if something will stay at Istock being owned by Getty ? maybe inside a premium collection ?)

Good shout sharpshot 

Indeed.  Not the end - just the furniture being moved around a bit.  I feel this says more about Yuri's overheads than it does about the demise of microstock. 

No doubt those who have copied his style and lighting will do very well on non-Getty agencies in his absence.

Great post btw Sharpshot. 

looks like someone mistaken subscription model with microstock but microstock existed before it

credit sales are also regular in microstock business

Agree, I don't care what Yuri is doing, the same way he has never been careful for the microstock community. Too many microstockers took him for a guru.

As I remind myself: Yuri is cunning and handsome. But he's not God. 

And maybe, just a hint of maybe, this will help wake up the micros (some of them, anyway) to look at more fair commissions.  I know I am probably dreaming, but it can be one tiny phase in a changing, evolving model. 

BWAAAAAAHAHAHAHAHAHA !!!!!!!!!!

all i can say ... I TOLD YOU SO ... many yrs i told you so, been banned for telling the truth ... and now your microstock hero Yuri gives up micros and jumps ship on macro RF/RM as he finally realized he couldnt even pay the bills selling 0.5$ subs !

Pssst! Maybe you missed it but last October SS undertook a very successful IPO and since then the shares have more than doubled in price. Revenue at SS, according to the last financial report, is growing at 36% per annum. 'Microstock', as an industry, is actually in rude health.

Just because Yuri allowed his ego and his ambition to overrule basic business sense, and his overhead has spiralled out of control, does not in any way signal the end of the greater industry.  Yuri is just one more casualty of greed and excess. Getty/Istock and Yuri should make perfect partners in that regard.

Big, big mistake by Yuri __ he's jumped onto a sinking ship. This little 'marriage' won't last 5 years. Within that time Yuri will be begging to be back on SS.

Quote from: Xanox on May 18, 2013, 02:45

BWAAAAAAHAHAHAHAHAHA !!!!!!!!!!

all i can say ... I TOLD YOU SO ... many yrs i told you so, been banned for telling the truth ... and now your microstock hero Yuri gives up micros and jumps ship on macro RF/RM as he finally realized he couldnt even pay the bills selling 0.5$ subs !

Pssst! Maybe you missed it but last October SS undertook a very successful IPO and since then the shares have more than doubled in price. Revenue at SS, according to the last financial report, is growing at 36% per annum. 'Microstock', as an industry, is actually in rude health.

Just because Yuri allowed his ego and his ambition to overrule basic business sense, and his overhead has spiralled out of control, does not in any way signal the end of the greater industry.  Yuri is just one more casualty of greed and excess. Getty/Istock and Yuri should make perfect partners in that regard.

Big, big mistake by Yuri __ he's jumped onto a sinking ship. This little 'marriage' won't last 5 years. Within that time Yuri will be begging to be back on SS.

Many business would envy SS. They have been able to get a lot of suppliers that finance and produce what they sell, and that allow their products to be sold for an hiper-hiper- bargain of a price, so ensuring that will sell a lot. With hundred thousands of these producers, SS financial success is easy to understand. But, for the supplier, selling at these prices and getting about 25% of almost nothing means that production costs are very difficult to absorb. Yes, other sites give less than 25%, but  supppliers get more money on each sale to pay for production costs and have a benefit.

(And , actually, I suppose that now Yuri will get 45% oh his sales on IS)

Just because Yuri allowed his ego and his ambition to overrule basic business sense, and his overhead has spiralled out of control, does not in any way signal the end of the greater industry.  Yuri is just one more casualty of greed and excess. Getty/Istock and Yuri should make perfect partners in that regard.

Big, big mistake by Yuri __ he's jumped onto a sinking ship. This little 'marriage' won't last 5 years. Within that time Yuri will be begging to be back on SS.

I actually think it's the other way around. Yuri's ego has finally been put aside and he has made a very good business decision. He will make way more money and help sustain an industry too boot,

I think this is actually a big deal.    The microstocks have found the bottom - the hard way - and now see that there is some content they'll no longer get.   They wanted to be a  bargain basement - and here they are.