The Royalty Rate Level chart below explains what you make as a contributor when your files are licensed.
Each year, new redeemed credit targets will be announced. These targets will be used to guide a contributor's royalty rate during that year and to establish the initial royalty rate for the following year. This initial rate will be the minimum the contributor receives throughout the year, however a contributor's royalty rate increases immediately if their redeemed credits total reaches a new level.
For licenses purchased with a subscription, contributors receive a flat royalty per downloaded file.
For files licensed using on a Pay As You Go basis, the royalty rate is applied to the net amount paid to download your image. In the case of a file licensed using iStock Credits, the contributor's royalty is applied to the net price of iStock credits used to license a file. iStock Credit prices vary depending on when they were purchased (as our prices change over time) and how many were purchased at once (as we discount bulk packages). For licenses bought with a subscription, the flat royalty is calculated based on your exclusivity and the collection your file is in.
Redeemed credits can refer both to the actual number of iStock credits used for each iStock Credit-based download on the site (based on file size, type, collection and any extended license options added), as well as to the equivalent credit cost of a file licensed using our Pay As You Go pricing. Contributors will have separate redeemed credit totals for each file type they contribute to (e.g., artists who contribute photos and videos will have separate redeemed credit totals for each).
Since subscriptions are calculated by a fixed, per download rate, no redeemed credits will be applied for subscription downloads.
For more information on current subscription royalty rates please see the royalty schedule.