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Messages - ARTPUPPY
26
« on: May 11, 2014, 23:22 »
I'm assuming Yuri has been contacted about this. If anyone else has images being used by Adobe, they should also contact Apple since this app is only distributed via itunes. If unauthorized images are being used they might suspend the app.
27
« on: May 09, 2014, 07:38 »
Must be really getting desperate for some positive press there.
Must be getting desperate to try and retain exclusives. Let's call it ACDC. Anti Crown Dropping Campaign.
And let's call this Whole Lotta Royalties.
More like a whole lotta nothing, I'm afraid. This is just announced, no real advertising to the customers, so sales will probably be slight anyway. Sales are down because customers are gone, so it won't be much. Also you still have the factor of sub sales and their aggressive advertising on the website, which is working against the exclusive. And exclusives are leaving. From a corporate standpoint, they are grasping at straws. "Lets put this back, maybe this will fix it!" It has as much value as a gambler sitting at a fixed roulette wheel being offered a free drink.
28
« on: May 03, 2014, 14:17 »
With GI sales just added in March was up about 20% on last year.
For me ($):
March 2014 GI + iS was slightly up on March 2013 GI + iS Feb 2014 GI+ iS was slightly up on Feb 2013 GI + iS Jan 2014 GI + iS was very slightly down on Jan 2013 GI + iS
April 2014 iS only is slightly up on April 2013 iS only. And only 2c different from March 2014 iS only. April GI is not in yet.
So far this year is very slightly up on this time last year. But by such a small amount as to be statistically insignificant. It seems remarkable stable - given the growth of the collection, the dreadful economic conditions and the increasing competition from free content and social media. Hope I haven't jinxed it 
Unfortunately both of you are using a false metric. I see this all the time in the monthly sales threads. "As an exclusive my istock income is down but with Getty Images, I'm up by 10% so Whooyay for this month!!" If you're an istock exclusive, then the only sales that are important are from istock only, since it is these sales that total up your RC for next years percentage earnings. Since Getty Images sales don't apply RC to your yearly totals, you're actually loosing money with each Getty Image sale - that lost RC will come at a price. Not to mention you only get a 20% royalty (and Getty gets 80% of a high priced image). Doesn't sound so good now, does it? My sales? Awful. I haven't seen lower downloads then when I first started in 2007. My new images have no views whatsoever, if I'm only expecting one or two views per year, then I might as well pull all my portfolio and go 100% independent, I'll make more per image percentage wise, and I trust me. It painfully obvious now that the official PR from istock regarding images views is mostly nonsense. The real reason is the customers are no longer there anymore, they've all left for greener pastures leaving behind their RC empty accounts. There are huge flaws in the business model and in the website, and they are fatal. I recently purchased some images off of istock for a golfer's website. After searching, I had to go and click on the thumbnails to find out prices and if they were from istock exclusives. (No Getty for me, thanks) Some of the images I had chosen were above and beyond my budget (Vetta) and other were of sizes I couldn't use. Imagine going to a grocery store only to find there are no prices on anything. You had to check out the items (click on them) to find out the prices. Can of peas? "Oh, that's $2." Can of mushroom soup? "Oh, that's premium, it's $120." Imagine going to that store every day to search for items. (Like an art director going to istock) It's so frustrating, it's easy to give up and go somewhere else for images. And yes, I know there is a price slider, but I doubt most people use it (or even know how). Pricing is too varied now to even make sense.
29
« on: May 02, 2014, 22:31 »
So I guess photos.com wasn't selling so they decided to gut it and try to use it to sell prints and wall art. It's going to be a very tough sell, because when most people hear of "photos.com" they think of photographs, cameras, and film. So they are going to have to spend millions to try and convince people otherwise. New websites coming soon: " www.cheeseburgers.com" - where you can get car parts. " www.airplanes.com" - the perfect place to buy a wedding dress, and " www.longneckgiraffe.com" whenever you need new glasses. Also, it's awfully nice of them to provide this service for us, for a small piece of the pie. (80% royalties on I'm assuming the image only) the frame and the glass they probably make a good coin on too.
30
« on: April 21, 2014, 20:24 »
Yes, the numbers are not accurate because it's not possible to get everybody to submit the data. When ever you hear about statistics, there's an old story about a diner and sitting at the counter are three truckers. Bill Gates comes in and sits next to them. Instantly the average net worth of the four men comes to 75 million dollars. It's tough to say how istock (or any site) is doing for people because you have too many variables, how many images are they selling, what kind of images, do they promote themselves, etc. I'm sure some have done OK, but for the majority, there is a decline (myself included). It's important to read up on how the business treats it's contributors, corporate decisions, marketing, but you cannot put a score number on that.
31
« on: March 13, 2014, 10:52 »
Interesting article here from the Motley Fool (sorry if it's been posted before) http://www.fool.com/investing/general/2014/03/10/why-gettys-new-image-sharing-doesnt-threaten-shutt.aspx regarding Getty vs Shutterstock. This quote stood out: "Getty's new policy does allow media companies to use free images, but Getty retains the right to place ads on the images or use them to collect user data, making companies unlikely to use them for free. The plan could even backfire as the decision has upset photographers who don't want their images used free for only Getty's benefit, and that could drive more of them to develop relationships with other buyers such as Shutterstock." Maybe the media is starting to take notice of the photographer's side in all this.
32
« on: March 13, 2014, 02:52 »
Thanks everybody for your comments on Ep 1&2! Here's the newest.
33
« on: March 13, 2014, 02:14 »

SSTK data by YCharts</p>
Time to buy.
I AGREE 1000% Time to Buy as they say on Wall Street "When there's blood in the streets Buy Stocks"
Wow, I didn't know there was so much great investment advice in these threads. Actually, when there's blood in the streets, you should call the police and get away to a safe location. What factual data do you have that makes this stock a good buy? Were you looking at the charts? Don't be a chart bug, get the real numbers first. Here's why Shutterstock is way overvalued - The stock is priced now at $85 so times that by the number of stock shares issued. You'll get a market cap of 3 billion dollars. It made a rough gross profit of 144 million last year. The stock has a P/E of 110 which means it's priced at 110 times of it's earnings. So if you paid $85 a share, you'd have to wait 110 years before the stock "paid" itself back in it's earnings. And that's assuming the earnings remain the same every year and don't fall. Also Shutterstock doesn't pay a dividend. So what's the actual book value of Shutterstock? About $5.20 so far. So let me know if paying $85 for a $5 bill sounds like a "buy" to you.
34
« on: March 10, 2014, 06:35 »
If Getty build 3 tier content supply with: Getty -the most expensive Istock - middle priced Thinkstock - cheap sub model
Why they are making Getty's most expensive content free And don't include Istock and Thinkstock content in this deal?
Just a thought. What do you think?
Vetta illustrations are already being included with the program. In the Atlantic article on this, http://www.theatlantic.com/technology/archive/2014/03/why-getty-going-free-is-such-a-big-deal-explained-in-getty-images/284264/ a Vetta illustration from an istock artist is included. I am sure this will be expanding when Getty needs another "PR boost" and when they can confirm they can use the work of istock contributors without an "opt-in" contract. "So we can call it promotional use right?" via Hollywood accounting.
35
« on: March 07, 2014, 03:19 »
I'll just leave this here...
36
« on: March 06, 2014, 16:38 »
Look like they are renting two floors of the Empire State Building. Linkedin pays roughly 1.2 million/year to rent one floor, so I can guess Shutterstock will be paying over 2 million a year, not including costs of the renovations. Whenever you see a company stockpile large amounts of cash, they will find ways to spend it first before paying shareholders (or you, the suppliers). Maybe they'll buy a sports team next! A link to the rents paid to the Empire building is here: http://therealdeal.com/issues_articles/empire-state-building-a-buyers-manual/ With all the talk of Shutterstock's stock price (OMG everybody, look how high it is!!!  ), it might be wise to look at Empire State Realty Trust instead...
37
« on: March 04, 2014, 03:00 »
Thanks everybody! More cartoons are coming soon. Every week there seems to be more bad news in the industry, so I have a lot of material to work with!
38
« on: March 01, 2014, 22:15 »
I'll just leave this here...
39
« on: March 01, 2014, 03:26 »
If you're an exclusive then it's important that every sale is an istock sale since it counts to your royalty credit total. And that will help maintain or increase your royalty percentage for next year. (wishful thinking I know) A PP sale will only pay you the Getty flat 20% and the value doesn't get counted to your RC total, so it's really a lose-lose for you. You need to factor in the lost RC in your thinking. A lot people don't do that. You'll hear "Well my istock sales are down, but my PP earnings have gone up so it's a good month." No it isn't, you're on a slow slide down. I went to a casino and was watching people play the penny slots... one woman put in $20 and started betting the max bet. (at $2.00 a pull) After five pulls, "Ding Ding Ding" she "won" 150 credits or $1.50. Three more pulls, she won 175 credits or $1.75. But she was always loosing since every pull cost her $2.00. She had a lot of these "winning streaks" and soon was out of money till she fed it another $20. I canceled the Partner program for myself but now Getty has created "Getty 360" and forced us into that. I have no idea what the details of that one is, they are kind of reluctant to tell us...
40
« on: February 27, 2014, 14:08 »
Wow...search really is messed up...I typed in arcade...and selected "amusement arcade" from the drop-down and got result of an egg, egg crates, and wrapped presents...nothing related to the search. And I though IS couldn't surprise me anymore...
I'm sorry, but I don't see anything wrong here. Egg, egg crate, and wrapped presents are all perfectly acceptable terms when referring to arcade amusements. In Canada we often call an arcade an "egg". As in "Oh papa, can we go to the egg today? I want to play on the egg." And "Oh mother, can we go to the big egg today? I want to ride the egg crate, it's so much fun!" Other terms used for "arcade" can also be "fish sticks, hamster, typewriter" and "ruby slippers". It's obvious you fail to understand Canadian culture - but don't worry, if you drop by to visit this summer, I will be happy to take you to the "Canada's Wonderland Egg" and treat you to nice fried "wrapped present" under the "big egg".
41
« on: February 27, 2014, 11:06 »
Type any term into the main search box. Select a choice from the drop down. The search result is completely trash.
Today not only taking money back in the PP but can't sell images due to a bad search problem. What professionals.
Typed in "chicken" and selected "chicken leg" in the drop down. Images I got: A ships wheel, wrapped gifts, a human skull, and a wrench. I guess it replaces the terms "chicken" and "leg" with "object" and "object". Maybe it's a glitch... Or a new and exciting way to search for images! "Wacky Mixup Search" tm is a new feature from istockphoto- with each search you get totally different results! This could be a fun party game. For our sales, yeah, not so much...
42
« on: February 25, 2014, 11:29 »
I think the action Getty/istock is taking is hard to defend. They need to provide you with details of why the amount is being taken from your accounts. Stating "it is what it is" to contributors doesn't make it legal. Also it does seem the amounts are "rounded off" and why did it go from 25K to 9K of affected contributors? It should be either all or none, or at least with some documentation backing that up. So what can you do? Since Istock is a Canadian company located in Alberta here are some people you can contact, if they get more than one inquiry, it should make them stand up and take notice. Links to the Competition Bureau, Service Alberta and the Calgary BBB (and main office) are here: http://www.consumerhandbook.ca/en/topics/consumer-protection/unfair-or-deceptive-business-practices#relatedSecond: you can send a registered letter to istock HQ stating that your are an affected contributor and that you demand a full and detailed account of these transactions. Third: Send a registered letter to Eliot P.S. Merrill - The Carlyle Group, 520 Madison Avenue New York, NY 10022 United States - who deals with Getty Images and is a Managing Director. The fact that Contributors are being forced to pay back amounts which istock cannot provide documentation to may be illegal and/or a bad business practice that could open itself to legal issues. Also, since they are part owner of istock/getty they should expect it to be run properly and maintain a standard of business. Having the books filled with white out corrections isn't a good thing.
43
« on: February 24, 2014, 13:46 »
Sounds more like the last days of GM - too many products in too many directions so out with Pontiac and Olds, & sell off Saturn. Try to improve your books by selling off the assets. More I hear about Getty's direction, I keep thinking about this:
44
« on: February 09, 2014, 04:39 »
"If a designer ever stops paying the monthly fee to Adobe for whatever reason, after a 30 day grace period they will not be able to open or edit any previously created work." This isn't completely true, it depends what format you save your work in. E.g. it's true if you save photos out as .psds, but not e.g. .tif or .jpg. Think about it - it can be necesary in any situation for someone owning photoshop to be able to share files with people who use other software, or who want to put photos into Word, put them on Flickr, Fb or an agency as jpgs etc.
(Not defending the subscription model, but this is one of the commonest inaccuracies.)
I can open any psd created with Photoshop CC with the previous Photoshop versions, I do it every day. And I can open any psd created with previous photoshop versions with Photoshop CC, I do it every day too.
So I don't understand where is the problem?
I don't think the same applies to Illustrator files, you need ( I think) the current version to open a CS6 ai. or eps file.
Give it time (2 years) and any file created with the adobe cloud will then only be available via another cloud version. Adobe's long term plan is to pull away from previous DVD versions of it's programs and make everybody subscribe to cloud. Remember QuarkXpress, if you had an old version (4.1) of a quark file and saved it in a newer version (passport), you couldn't go back. Oh, and you couldn't open and covert in indesign either. Nice way of trying to lock you in.
45
« on: February 09, 2014, 04:27 »
Reminds me of the Eagle's Hotel California: "You can check out any time you like, but you can never leave..." If anyone is planning on closing their account and pulling all their images from istock and the Getty family, it might be wise to send them a dated registered letter telling them what you want. I'm hearing of people leaving istock and still having their images for sale on Getty related sites. Best to make it clear in case something pops up in a future search. I don't trust the reliability of support tickets anymore.
46
« on: January 21, 2014, 21:00 »
Yeah, I'm getting killed. Finally gonna drop the crown because there's no way I'll make LESS going indie.
Blamb and goober - Sorry to hear this news. But your RC rates are grandfathered from 2013 so you're royalty rate will not change so that's good. But yes, sales are a poor start for 2014 - I'm not sure what is going on and there is the royalty glitch (which they will fix). I would "sit and wait" for now and see what the next six months hold for us all. If you are committed to dropping the crown I would try this instead, form an independent business and as an artist, "sell" your images to the business for a dollar each under a "work for hire" contract. Then use the business to submit to other sites. By dropping the crown you're giving Getty images/istock a better royalty rate, so you're basically "rewarding" them your images. If I was going to leave Getty/istock I wouldn't leave my images there, they don't deserve them. Good luck guys regardless.
Is this what Yuri has done and is it legal? Surely you can't sell your existing images to the company for $1 and still sell them exclusively on iStock. It would have to be new images only. I've always tried to do the right thing by iStock as they are my primary source of income.
Yep. Another istock contributor has done this as well. (I forget who, it was mentioned here before) His company name was his name with the "Inc." added and that one is non-exclusive. Correct, as an istock exclusive, those images would only be on istock. You will have to create new ones for your "work for hire" portfolio.
47
« on: January 21, 2014, 14:11 »
Yeah, I'm getting killed. Finally gonna drop the crown because there's no way I'll make LESS going indie.
Blamb and goober - Sorry to hear this news. But your RC rates are grandfathered from 2013 so you're royalty rate will not change so that's good. But yes, sales are a poor start for 2014 - I'm not sure what is going on and there is the royalty glitch (which they will fix). I would "sit and wait" for now and see what the next six months hold for us all. If you are committed to dropping the crown I would try this instead, form an independent business and as an artist, "sell" your images to the business for a dollar each under a "work for hire" contract. Then use the business to submit to other sites. By dropping the crown you're giving Getty images/istock a better royalty rate, so you're basically "rewarding" them your images. If I was going to leave Getty/istock I wouldn't leave my images there, they don't deserve them. Good luck guys regardless.
48
« on: December 13, 2013, 08:07 »
Just saw this: https://fundrazr.com/campaigns/df06d
Has there been some expression from his family that they need money? I'd feel a little weird sending cash if they didn't need it.
It's good to see a donation page set up. I was wondering if we should each purchase one of Mark's images from istock, but this is a better idea. And if the family doesn't need the money, then I'm sure they can do something positive with it. Perhaps they can donate it in Mark's name to a charity or set up a little scholarship in tribute to him.
49
« on: November 21, 2013, 21:03 »
I'll be glad when it's over. I think most of the happy istockers fail to do the numbers. Yes, you might sell twice as many illustrations but what counts is the cash you'll be getting, which you'll be earning 50% less. Some people are also happy they have Getty income to shore up their falling istock sales, again think earnings and percentages, not just sales numbers. It shows that since istock has dropped the ball in advertising and marketing, they need to have "50% off" sales to boost downloads. Why not have a credit sale instead? But hey, what do I know? Having a big sale seems to work for this guy's appliance store:
50
« on: November 14, 2013, 22:42 »
I believe you can. You'll notice that one of Andres's istock names is a limited company. Here is how you can do it: Keep your exclusive istock account in your own personal name as is. Then set up a business and give it whatever title you'd like. Then create your images, sell them to your company for a dollar each as a "work for hire" contract. Then use the business to set up whatever accounts you want and sell it's own images. As a person you remain istock exclusive and the business can sell elsewhere. That's the loophole.
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