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Author Topic: Vector Vetta rebellion  (Read 44055 times)

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« Reply #100 on: April 07, 2011, 16:12 »
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This NDA "We can't say anything yet" business is just weird.


« Reply #101 on: April 08, 2011, 14:44 »
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This NDA "We can't say anything yet" business is just weird.

Exactly. Still no news. I guess they are hoping that just because there was a conference call, all the dissenting voices will be silent. Why can't they just make their "big announcement" and be done with all the stupid drama. Why even have the conference call when the people can't even talk about it? And if there is going to be a "big announcement" why have the conference call at all? The whole thing is so cloaked in such ridiculous drama, and it's clearly just one big diversionary tactic.
« Last Edit: April 08, 2011, 14:48 by caspixel »

« Reply #102 on: April 08, 2011, 15:19 »
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This NDA "We can't say anything yet" business is just weird.

Exactly. Still no news. I guess they are hoping that just because there was a conference call, all the dissenting voices will be silent. Why can't they just make their "big announcement" and be done with all the stupid drama. Why even have the conference call when the people can't even talk about it? And if there is going to be a "big announcement" why have the conference call at all? The whole thing is so cloaked in such ridiculous drama, and it's clearly just one big diversionary tactic.

The whole thing is just naive.

ShadySue

  • There is a crack in everything
« Reply #103 on: April 08, 2011, 16:13 »
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I don't understand why a conference call was thought to be a way of resolving this. The fraud clawback was one thing, where I'm prepared to believe there were things going on that couldn't be told on open forums.
But this one is bizarre. What could be said more in the conference call than could be said, or indeed has already been said in the forums?
"Here's the deal. We know how excited we are about it ($$$) and hope you'll all sign up".
"Bum steer. No way."

« Reply #104 on: April 09, 2011, 09:08 »
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I have to say, the conference call worked like a charm though. Virtually no one is talking about a Vector Vetta rebellion anymore. That thread is pretty much dead over there now. And I haven't heard anything about the video rebellion since their conference call. Well done iStock! Brilliantly played.

« Reply #105 on: April 12, 2011, 05:08 »
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IS just delete Dave Turton's message about conference call. I could read the message before deletion and there was really no big deal. Game is getting heavy and starts to look like something Mafia pratices.

« Reply #106 on: April 12, 2011, 05:41 »
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^^^
I believe that spirit is well known from forums of some other MS sites. Nothing new. IS is just getting in line with them on that front. Not the special community it used to be...

« Reply #107 on: April 12, 2011, 05:50 »
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Oh snap! Dave's reply is gone!  The way I read his comment was that he alluded to an initial percentage increase for the start up of Vetta Vectors in order to lure in contributors, but the percentage bump would be short lived. Please note this is my take on what I read.

« Reply #108 on: April 12, 2011, 06:28 »
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Oh snap! Dave's reply is gone!  The way I read his comment was that he alluded to an initial percentage increase for the start up of Vetta Vectors in order to lure in contributors, but the percentage bump would be short lived. Please note this is my take on what I read.

That was my interpretation as well.

« Reply #109 on: April 12, 2011, 07:02 »
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Oh snap! Dave's reply is gone!  The way I read his comment was that he alluded to an initial percentage increase for the start up of Vetta Vectors in order to lure in contributors, but the percentage bump would be short lived. Please note this is my take on what I read.

That was my interpretation as well.

Mine too.  I'm not an illustrator but have been following the thread closely because decisions made about vector Vetta could affect a wider net of contributors.

By giving illustrators some kind of 'non permanent %ge boost', iStock will presumably be trying to get the critical mass of illustrators to sign up to Vetta, while avoiding pressure to give any concessions to photographers.

On a side note, I got a Vetta EL today.  Received $61.60 for an EL which cost the customer 150 credits, or $220 in this case.  Hope iStock finds their $158.40 (72% share) from the EL to be sustainable.  At the old rate of 40% + 10% bonus, I would have been paid $110 for the EL sale at the same price.

The amount of extra income that iStock is be taking from Vetta photo sales alone, since they slashed royalties last September must be mind boggling.

« Reply #110 on: April 12, 2011, 07:06 »
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Mine too.  I'm not an illustrator but have been following the thread closely because decisions made about vector Vetta could affect a wider net of contributors.

By giving illustrators some kind of 'non permanent %ge boost', iStock will presumably be trying to get the critical mass of illustrators to sign up to Vetta, while avoiding pressure to give any concessions to photographers.

On a side note, I got a Vetta EL today.  Received $61.60 for an EL which cost the customer 150 credits, or $220 in this case.  Hope iStock finds their $158.40 (72% share) from the EL to be sustainable.  At the old rate of 40% + 10% bonus, I would have been paid $110 for the EL sale at the same price.

The amount of extra income that iStock is be taking from Vetta photo sales alone, since they slashed royalties last September must be mind boggling.

"... but money isn't what keeps you coming here."

« Reply #111 on: April 12, 2011, 07:22 »
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Mine too.  I'm not an illustrator but have been following the thread closely because decisions made about vector Vetta could affect a wider net of contributors.

By giving illustrators some kind of 'non permanent %ge boost', iStock will presumably be trying to get the critical mass of illustrators to sign up to Vetta, while avoiding pressure to give any concessions to photographers.

On a side note, I got a Vetta EL today.  Received $61.60 for an EL which cost the customer 150 credits, or $220 in this case.  Hope iStock finds their $158.40 (72% share) from the EL to be sustainable.  At the old rate of 40% + 10% bonus, I would have been paid $110 for the EL sale at the same price.

The amount of extra income that iStock is be taking from Vetta photo sales alone, since they slashed royalties last September must be mind boggling.

"... but money isn't what keeps you coming here."
Imagine how bad it might've been if JJRD wasn't out there putting his ass on the line for all you exclusives  ::)

vlad_the_imp

« Reply #112 on: April 12, 2011, 07:53 »
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Quote
IS just delete Dave Turton's message about conference call

 IS didn't delete it.

« Reply #113 on: April 12, 2011, 08:00 »
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Quote
IS just delete Dave Turton's message about conference call

 IS didn't delete it.

Confirmed.

« Reply #114 on: April 12, 2011, 08:21 »
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Still, I was surprised that he removed the post.  It was sincere and informative.  Dave stated he removed the post because he just needed to move on.

« Reply #115 on: April 12, 2011, 08:27 »
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Quote
IS just delete Dave Turton's message about conference call

 IS didn't delete it.

Confirmed.

Funny, seems that Dave was afraid of some IS retaliation.

« Reply #116 on: April 12, 2011, 09:22 »
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Why are the others that participated in this conference call so silent? And where's iStock's "big announcement"? The whole thing is so disrespectful to the illustrators.

« Reply #117 on: April 12, 2011, 09:25 »
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Still, I was surprised that he removed the post.  It was sincere and informative.  Dave stated he removed the post because he just needed to move on.

------------------------------------
Sounds to me like either he's saying its hopeless that Istock will not change, or he's afraid of what Istock will do to him for speaking his mind.  Either way its bad for all. 

« Reply #118 on: April 12, 2011, 09:28 »
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Still, I was surprised that he removed the post.  It was sincere and informative.  Dave stated he removed the post because he just needed to move on.

------------------------------------
Sounds to me like either he's saying its hopeless that Istock will not change, or he's afraid of what Istock will do to him for speaking his mind.  Either way its bad for all. 

That seems inconsiderate to the other illustrators out there, since he was supposed to be their representative at the conference call, right?. Now he's abandoning them by removing his post and moving on? I thought this conference call was supposed to help people decide what to do. The ongoing silence is so strange. Nothing like being left in limbo. :(

vlad_the_imp

« Reply #119 on: April 12, 2011, 10:17 »
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Now he's abandoning them by removing his post and moving on?

 If you actually really bothered to follow what was going rather than jumping in only half understanding in your normal swivel-eyed way you'd understand. The ongoing silence isn't strange, he hasn't 'abandoned the other illustrators'. The conference call was last week, IS promised to report back to the vector contributors this week sometime, the conference call reps. were under an NDA and were told IS would contact them some time after the call to OK what was said, DaveTurton jumped the gun and then thought better of it. Simple and non-conspiracy like and openly available info for anyone who wants to discover the facts.
He isn't 'moving on', he stated in his post he was going with the new deal IS were offering.
« Last Edit: April 12, 2011, 10:20 by vlad_the_imp »

ShadySue

  • There is a crack in everything
« Reply #120 on: April 12, 2011, 10:26 »
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Why are the others that participated in this conference call so silent? And where's iStock's "big announcement"? The whole thing is so disrespectful to the illustrators.
Difficult-to-spin we can do immediately, impossible-to-spin takes a little longer.

« Reply #121 on: April 12, 2011, 10:39 »
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In his original post he said that 90% of the contributors would be very happy with the deal that was offered. He is also taking it himself.

He just pointed out that he now better understood the bigger changes going on in the industry and the pressure everyone was under. So whatever rates we have, we shouldnt rely on them to stay unchanged forever. Nothing new there. We all know that there is a complete oversupply of images and that it is a buyers world out there.

Really no conspiracy. But you have to bother reading things yourself...

« Reply #122 on: April 12, 2011, 10:54 »
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In his original post he said that 90% of the contributors would be very happy with the deal that was offered. He is also taking it himself.

He just pointed out that he now better understood the bigger changes going on in the industry and the pressure everyone was under. So whatever rates we have, we shouldnt rely on them to stay unchanged forever. Nothing new there. We all know that there is a complete oversupply of images and that it is a buyers world out there.

Really no conspiracy. But you have to bother reading things yourself...

Good recap, well said.  :)

vlad_the_imp

« Reply #123 on: April 12, 2011, 10:54 »
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Quote
Really no conspiracy. But you have to bother reading things yourself...

Exactly, the trouble is there are people here such as caspixel who are desperate to find a stick to beat istock with, to avenge her own ejection from the istock forums for being a frothing mentalist, and are not interested in letting the facts interfere with her own nutty theories.

« Reply #124 on: April 12, 2011, 11:01 »
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That seems inconsiderate to the other illustrators out there, since he was supposed to be their representative at the conference call, right?. Now he's abandoning them by removing his post and moving on? I thought this conference call was supposed to help people decide what to do. The ongoing silence is so strange. Nothing like being left in limbo.

Oddly enough, I agree with you.  I thought this was going to be like the fraud call.  "We had X discussion ( as much as we can say ) and we feel Y way about it, and they are going to comment Z on it next week".  I must have misunderstood the purpose of the call.


 

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