Originally posted by TechnoShroom:
Originally posted by gbautista87:
iStock is going to raise prices next year!
More money for us.
Assuming the rise in price doesn't reduce demand.
hmm, don't think so. If you need a pic, you'll must get it. If it's not at IS, tou'll go to DT or any other. Most of us are registered at more micro's.
just one other thing, quote from IS forum
f I may sum up: the difference is that one of the justifications that gets floated around for the 20/80 split in profit is that iStock pays for advertising, legal fees, absorbing price differentials (in bulk sales), licensing, storage, et cetera. So when one of those items gets removed (now contributors will absorb that bulk cost, not iStock), it's very significant, especially when the contributor has only the 20/80 split.
The math of it is that while the amount of royalty will be most likely more, the percentage has actually lowered for all contributors for some credits from the current standard. e.g. at .96/credit, that's 15% less royalty from the current value.
For someone at 20%, that's now 17% (roughly) from the full value of a base credit.
Message edited by author 2006-12-06 16:11:45.