Hi All

Have been a member here for ages but rarely post.

Interested in buying video (please note only video) portfolios if anyone is interested in getting out of the stock video business.

Ideally I am looking for exclusive portfolios on Pond5 but happy to look at other options.

I have had a contract drawn up that covers such a sale.

Message me if interested.

Thanks

TE

Just thought I would give this a little bump!

I have now purchased several portfolios and have a contract drawn up by my lawyer to cover the sale / purchase.

I am principally interested in buying portfolios of videos and usually pay around 2 years worth of sales income.

PM me if interested.

Thanks

TE

Quote from: TheEngineer on September 09, 2013, 18:15

Quote

Although in most cases the economic and moral rights
belong to the person who creates the work (see pg 8 ), copyright is a form of property, which, like physical
property, can be sold, bought, inherited or otherwise
transferred, wholly or in part. A copyright owner can do a
lot with their copyright.

http://www.ipo.gov.uk/c-essential.pdf

I don't disagree with your points.. there is a reason you pay money for the content so you should have all the economic rights..

all I am saying is that the creator does not change, but all others rights can of course be sold or transferred..

I wonder what getty calls their MonkeyBusiness collection?

edit: I guess it's Bananastock as I see on leaf's post.. so they acknowledge the original creator even though they bought it..

Absolutely, the creator does not change, but the copyright can be bought and sold.

http://www.copyright.gov/title17/92chap2.html

(b) Works Made for Hire. � In   the   case   of   a   work   made   for   hire,   the   employer or other person for whom the work was prepared is considered the author for purposes of this title, and, unless the parties have expressly agreed otherwise in a written instrument signed by them, owns all of the rights comprised in the copyright.

(1) The ownership of a copyright may be transferred in whole or in part by any means of conveyance or by operation of law, and may be bequeathed by will or pass as personal property by the applicable laws of intestate succession.

Quote from: TheEngineer on September 09, 2013, 16:56

Quote from: cidepix on September 09, 2013, 16:45

Quote from: TheEngineer on September 09, 2013, 16:33

Quote from: cidepix on September 09, 2013, 16:03

see I was right.. someone who asks for rights of your content is never prepared to pay it's proper value..

because If they do, there is no way they profit..

The monetary value of anything is only what someone else is prepared to pay.

I agree and I don't think you are prepared to pay what tickstock or luis would have liked to receive.. it's just a feeling..

I can write what I feel, right? 

Of course you can write what you feel, within whatever rules the owner of the forum decides to set.

Why do some people in the US choose to take a smaller lump sum in one payment than the full amount over 20/25 years? Some people prefer the certainty of cash up front.

TE

either you insist on not getting my point or I should have said it better

you are right again.. I agree.. some people indeed prefer the cash up front.. but there is no way for you to profit, unless you underpay the content owner.. because if you trust on "past" sale performance and think it's going to sell as good in the next five years as it was in the last five years, then you go bankrupt..

just to add to injury, there is no guarantee that this business will be on high demand in the next 5 years as it was in the last five years..

it's a big risk and requires for you to "seriously underpay" the current owner..

Sorry cidepix I think it is you who are missing the point.

As you yourself say I am taking a risk by buying a portfolio. If I make an offer to a seller and they think it is not enough then they take a risk that sales fall over the next few years.

If a buyer and a seller agree a price then that is the value of the portfolio. You might value your portfolio at 50 years of income but if no-one will pay that price then it is not worth 50 years of income to anyone other than you.

Of course other factors (such as emotion) come in to play. I have a watch that would sell for $100 if I put it on Ebay. It belonged to my dead grandfather and so the watch is "worth" far more than $100 to me in sentimental value.

see I was right.. someone who asks for rights of your content is never prepared to pay it's proper value..

because If they do, there is no way they profit..

The monetary value of anything is only what someone else is prepared to pay.

If someone offered me 50 years up front I would bite their hand off! 

As others have pointed out there are many reasons why people sell, some good, some bad.

TE

I uploaded a few clips and then "forgot about" Pond5 for quite a while. It was only when I got a sale that I figured it was worth looking into more. Most of the content was uploaded in the last 2 years and a lot of it is SD which obviously is less in demand. My current split is around 2700 HD and 4500 SD.

My view on stock is that it is a long term investment - I earn my "corn" in other areas of TV (I'll give you a clue - my username!).

At the moment I earn $X00 a month from this stock on Pond5. The goal through adding more footage by either shooting more myself (over 1000 clips currently in edit / upload) or buying other portfolios is to get to $X000 fairly quickly at which point it should be self financing (i.e to allow me to pay people to shoot and edit for me).

At least that is the plan! I already completed the purchase of 1 library which I am keeping separate at the moment and am negotiating to buy another.

TE

Hi All

I sell on Pond5 (with the same username as I have registered here). If anyone is interested in getting out of stock video I may be interested in buying the rights to your existing portfolios.

Let me know if you would like to talk about it further.

TE

admin edit: changed the subject to be more descriptive