Read my comment thoroughly, maybe someday you will understand it.
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Show posts MenuQuote from: hawk_eye on September 19, 2010, 23:13
I think at this point it's fairly clear it was just an error. I'm relieved by that personally
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So lets take a step back and look at all this from a different perspective. Lets change our base assumption of corporate greed and look at this from a protective iStock point of view.
Individual sales have slowed for many people as prices have gone up. Ultimately, that has actually increased the amount of money iStock has paid out to us. Now lets assume iStock is looking out for the contributors more than itself. If sales are going to slow down severely, it would make those previous cannister based royalties unsustainable. It would take much longer to get to each level. If, however, you switch to this 'credits redeemed' system, each sale carries more weight, and the targets can be adjusted to help people reach those next royalty levels on the same pace they would have if the sales had not historically dropped due to price increases.
So where does that leave us? Kelly says you will make the same or more under the new system. If iStock is truly the benefactor in this situation, then the credit cost for images stands to rise dramatically in the new year. This is why they would need a new system, because sales quantities will drop, and they would need a way to keep people on track for their royalty levels.
iStock is going Midstock
Quote from: Gannet77 on September 18, 2010, 19:09
I don't get this "battered spouse" analogy.
so this is good news for me.
Quote from: Caz on September 17, 2010, 09:50Quote from: dgilder on September 16, 2010, 23:35
Next you guys are going to tell me you guys didn't know that inspectors can self-inspect their images (or at least they used to be able to).
Completely untrue