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Microstock Photography Forum - General => Microstock News => Topic started by: Istock News on August 21, 2007, 12:55

Title: punctum day payout
Post by: Istock News on August 21, 2007, 12:55
The day after Punctum Day was a big deal for our 2,300 Exclusive artists, who received 100% of their royalties yesterday, totaling over $100,000.
For the full details, check out the press release (http://www.istockphoto.com/press_release.php).
Stick close the ye old F5, exclusive members, we"ll be counting up your earnings and crediting your accounts on Aug. 24.</div>
      
Title: Re: punctum day payout
Post by: leaf on August 21, 2007, 17:40
does this mean that istock sells $100,000 of photos each day?  that is quite a bit.
Title: Re: punctum day payout
Post by: lathspell on August 21, 2007, 19:28
Quote from: leaf on August 21, 2007, 17:40
does this mean that istock sells $100,000 of photos each day?

Nope, that means istock sells $100.000 of exclusive photos each day. Don't forget to add the non-exclusives' sales (AFAIK only ~10 percent of all contributors are exclusive) ...  ;D
Title: Re: punctum day payout
Post by: lathspell on August 21, 2007, 19:50
Oh, and after being an istockphoto member for >5 years now: how I would love to see a press release like this one day!

(everything below this line is fictional)
------------------------------------------------------------
"Veterans Day was inspired by our members, and we gave the money away this day to maximize the bonus paid to our long term contributors, no matter whether exclusive or not. We wanted to find a way to thank our iStockphoto 'veterans' and this is a great way to reward them for their support, for their loyalty, for the years of passion, for turning  iStockphoto from the designer's dirty little secret into the most visited stock imagery site in the world years ago, long before there was any exclusivity program and Getty got a first phone call from BL."  ;D
Title: Re: punctum day payout
Post by: hatman12 on August 21, 2007, 20:17
36,000 contributing photographers, of which 2,300 are exclusive.

$100,000 was for exclusive sales only.
Title: Re: punctum day payout
Post by: sharply_done on August 21, 2007, 20:55
I imagine that IS top sellers earned around $1000 that day.