Author Topic: SS partners with Facebook (Read 17856 times)

gbalex · « **Reply #100 on:** December 26, 2013, 15:20 »

Quote from: gostwyck on December 26, 2013, 15:09

Quote from: gbalex on December 26, 2013, 13:40
Quote from: Ron on December 23, 2013, 12:05
I think the royalty is still not confirmed. I dont know what my rights are to know precisely what royalty I am being paid. Its my wholly owned content, I think I have the right know exactly what my cut is. I have asked in an email, which is not public.

Why anyone would give you a - for this post is beyond me. I agree 100%

We provide 100% of then manpower and resources needed to produce 100% of the content on SS and as legitimate business's we need to know exactly how much we will be paid for making our assets available on SS to drive SS's revenue and ours.

If SS decided to make our content available for 1 penny per download, I certainly will not be happy with 30% of that.

Basically you have to accept SS's concern about the sensitive commercial nature of the deals they are cutting (and therefore accept SS's ToS) ... or refuse them and remove your portfolio. Unfortunately the more they tell us as contributors, or indeed shareholders, the more they also tell their competitors. As a publicly quoted company we do at least get the financial information from the quarterly results. That's something we don't get from any other microstock agency.

To be honest I know a lot less about the percentage royalty I am being paid on many of my PP sales via Istock but I don't see Ron and yourself writing hundreds of posts complaining about that. Getty didn't even tell us (or Istock) that the Google Drive deal existed for example.

I'll bet that Getty are still seething that they missed out on the FB deal. If Getty had won the FB deal however I can pretty much guarantee that your royalty rate would have been a lot lower and you'd have had even less information about it.

I removed my port from IS precisely because of deals like the Google Drive. If I find out SS is pulling similar stunts I will pull my port faster than you can say "they are dead to me"

wordplanet · « **Reply #101 on:** December 26, 2013, 16:56 »

I think Scott's answer makes sense IMHO as they need to carefully walk the line between contributor transparency and protecting the confidential nature of the deals they make since they would not want another site to try to undercut their deal by offering more favorable terms - quite likely at contributor's expense.

It would be helpful of course to know how exactly much we're getting per download since that's the bottom line, but that wasn't the question asked. Scott, can you tell us that please?

stockastic · « **Reply #102 on:** December 26, 2013, 17:58 »

What difference does a "royalty percentage" make, if FB pays the big money in the form of up-front "fees" which are never disclosed, and of which we get nothing?

If I sell my car for $100 - plus an additional payment of $1000 to 'make the deal' - what amount would the state expect me to pay sales tax on?

bunhill · « **Reply #103 on:** December 27, 2013, 04:41 »

Quote from: wordplanet on December 26, 2013, 16:56

they would not want another site to try to undercut their deal by offering more favorable terms

When tendering for a contract companies will often simply say something like: "we will give you want you want for 20% less than the lowest tender". They do not need to know what the lowest bid is. They can always gradually increase prices later as the competition withers.

Certainly stock photographers, like the people who used to build, design and maintain expensive websites, are losing out as former client companies increasingly relocate to the social media. The agents can make it up on the markets.

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Author Topic: SS partners with Facebook (Read 17856 times)

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