 Posted Tue Sep 7, 2010 11:12PM |
Oh boy, 1,400,000 to hit 20%, 150,000 to hit 19%. That's a joke. LisaFX, black diamond just posted on another forum that she is nowhere near that level to qualify fot 1,400,000 so who would be?
Greed, greed, greed will eat you alive.
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     Posted Tue Sep 7, 2010 11:13PM | Sheesh, you think 2k to 12.5K is bad, how about the jump from 12.5K to 40K, or 40K to 150K? I'm ignoring the 1.4M level since we've pretty much determined that no one is actually ever going to hit that (based on Sean's doubts and the few remaining options beyond) |
      Posted Tue Sep 7, 2010 11:13PM |
You're not a minority. Over 99% of contributors will have a decrease in commission percentage if this plan goes through.
Cybernesco.....Just exactly how do you know this? 99%? Maybe you're right, but where do you get your information?
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     Posted Tue Sep 7, 2010 11:15PM | Its highly improbably to be a correct figure, and there is no source of information, as the one previously referenced does not provide the data required to make that sort of calculation. |
          Posted Tue Sep 7, 2010 11:15PM | Well...this doesn't help me at all...it kind of makes me feel all the work I did to get to my canister level was all for nothing...I'm being demoted after all those years I contributed...sigh....but your letter made it sound like you were looking out for us...you're really just looking out for yourselves...just admit it...I can't believe every year it gets reset and the work you did prior just doesn't count....it's not fair. So if you have a bad year..suddenly you punish the artist even more and say..sucks for you...we're putting u back down to 15%.... |
     Posted Tue Sep 7, 2010 11:17PM | Kooky, 15% is for non-exclusives at the basest level. Many could fall in the 16 to 17% categories  |
    Posted Tue Sep 7, 2010 11:17PM | Posted By dgilder:
zlisjak, if you go back, they never specifically said that we could be locked into our *royalties*, they just said they would lock us into the canisters. Since canisters no longer have any relation to royalties as of Jan 1st, then no, they didn't back out of any promises.
I'd like to hear them sell us this one... I mean seriously, while you MIGHT be technically right, that would tell us all we need to know about the NEW iStock and who we are partnering with. I for one do NOT appreciate being deceived... |
     Posted Tue Sep 7, 2010 11:18PM | I re-exclusivated primarily to lock in my diamond and 40% royalties at 25K. Otherwise I would have just waited. |
  Posted Tue Sep 7, 2010 11:20PM |
got to page 50 and now have to go to bed!!
I don't know what to think... I waffle back and forth...
I don't want to leave. For me there won't be any money difference I don't think - I'm base Exclusive now and I think it will stay 25%.
But the fun is leaving, and being replaced by mistrust. I'm tired of having these big changes 'pulled' on us so often. What will it be next?
Feeling pushed out. Community, Growth and Learning has taken a back seat to the 'Big Boy's Club" and I wasn't given a Cigar or a Brandy.
Even if they do adjust the numbers, it just won't be the same... Istock isn't what it used to be. We've all seen it go down the corporate bullshit ladder ever since Getty bought it. [arsenik]
Question:
If we go elsewhere - can we take the Lypse photos with us? what about model releases?
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  Posted Tue Sep 7, 2010 11:23PM | Posted By dgilder:
Sheesh, you think 2k to 12.5K is bad, how about the jump from 12.5K to 40K, or 40K to 150K? I'm ignoring the 1.4M level since we've pretty much determined that no one is actually ever going to hit that (based on Sean's doubts and the few remaining options beyond)
Have you seen the video ones?!! 14.5k 40k 90k 170k (and the red herring 1.25m) |
       Posted Tue Sep 7, 2010 11:23PM | iStock Contributor against Proposed Royalty Changes.
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     Posted Tue Sep 7, 2010 11:24PM | Posted By risamay:
I guess all any of us can do is keep trying to produce better work ... and keep our day jobs. Now more than ever I can't see making iStocking a full-time career. Which is fine, for me. But no doubt a huge disappointment for others.
Totally short-sighted from Istock. You want to ENCOURAGE people to be able to do this full-time so that they may improve the quality of their own work, and hence, the collection. THEN you can increase the price of the product. So everybody wins. But no, they do the opposite. Whereas I have been chugging away at this for ages, working my day job and investing all my spare time in my pension (read Istock), that's now going down the drain same as the investment I lost in last year's stock crash. I have the same burning sensation in my backside now. I feel like deactivating all my images and encouraging everyone else to do so.
(Edited on 2010-09-07 23:25:44 by Sproetniek)
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        Posted Tue Sep 7, 2010 11:25PM | I majored in painting, not math, but I know enough to figure out what kind of hit I'll be taking next year. My rate will surely be dropping from 35% to 25%. That's a decrease of 29.6%. Non-exclusives who drop from 20% to 15% are "only" taking a cut of 25%. As an exclusive contributor I'm taking a bigger hit than a non exclusive? That seems both unfortunate and sad. Part of my problem is having a portfolio with both photos and vectors. I'm basically chasing two different categories which also is a drag (and once again, seems both unfortunate and sad). |
      Posted Tue Sep 7, 2010 11:27PM | Let me put one misperception to rest once and for all, the 1.4M level is anything but unachievable. I encourage you all to quit trying to convince everyone else that it is some pie in the sky figure. Believe me, I am not woo-yaying this announcement. It seems like a lot of good people here are going to take a pay cut. But facts are facts, and you should all know the facts. |
          Posted Tue Sep 7, 2010 11:27PM | Posted By dgilder:
Kooky, 15% is for non-exclusives at the basest level. Many could fall in the 16 to 17% categories 
Thanks dgilder....yeah..still sucky sucks.... |
    Posted Tue Sep 7, 2010 11:28PM |
Okay, hi. I have read the announcement several times, and I just want to be clear here. I'm about a month away from hitting diamond, a goal I've been working toward for years. I have a lens picked out to celebrate my raise. My husband is going to take me out to dinner to celebrate. And I have finally felt confident enough to put some money aside to rent a studio. I have 26,678 redeemed credits, and as far as I can tell, unless that number reaches 40,000 by Dec. 31, I'm stuck in the 30% category -- a royalty level I left behind some time ago.
My math ain't good, but I know that 30% is lower than 40% and I know when I've been cheated out of something I worked my ass off for years to get.
I'm not one to bite the hand that feeds me, but when that hand is taking money out of my mortgage payment and food off my table, it better watch the hell out.
Tell me this is some kind of joke.
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        Posted Tue Sep 7, 2010 11:28PM | I'm tired... I've been reading this for 5 straight hours. This is making me sick already.... I really hope this gets reconsidered as it is obvios it is one sided. Many of us are not only frigtened for what's coming, but also ***very**** dissapointed at how istock seems to have become a monster that only cares for their golden eggs but not the chikens that lay them. we ask you to PLEASE review those impossible target numbers. I may break even next year only if I stop sleeping for teh rest of the year or I drop out of Battle Royale. One would make me sick, the other would make me even more sad and dissapointed.... so..... PLEASE!!!! |
    Posted Tue Sep 7, 2010 11:29PM |
Posted By dgilder:
I re-exclusivated primarily to lock in my diamond and 40% royalties at 25K. Otherwise I would have just waited.
When was it announced that they were going to hold off on implimenting that proposal - before or after the proposed deadline? |
     Posted Tue Sep 7, 2010 11:30PM | "iStock is making changes to contributor structure & compensation and our collections with the goal of expanding our industry leadership in fresh, creative, quality, exclusive content."
If the goal is to increase ISPs leadership then it's hard to figure out how alienating its contributors will achieve this. Would be more logical to use the yearly credit levels to set the upload limits (more sold = more upload). And much more simple to have the same royalty rate, increase it for MOST
Exclusives -> 45%
Non-E -> 25% |
      Posted Tue Sep 7, 2010 11:31PM | Contributors uploading two or more type of files should be treated differently(better)...it`s not fair... this kind of treatment...willl ultimately lead to less unique material to the Istock collection ! Think about it |