Stock photography major direction change?

Started Sep 8, 2010 | Discussions thread
Shop cameras & lenses ▾
ForumParentFirstPrevious
Flat view
shacharm Regular Member • Posts: 390
Stock photography major direction change?

iStock is changing contributors' compensation structure. Annual credit sales targets instead of lifetime will determine your compensation %. To remain at 40%, you will have to sell $150K/year. i.e. MOST contributors' compensation will take a deep dive. Below is a link to the announcement - and the angry comments.

BUT here's an interesting scenario:

With the lowered compensation to MOST stock photographers, many good ones will abandon stock photography as a (shrinking) revenue stream and concentrate on higher-paying commissioned work. That will lead to further reduction in quality of stock vs. commissioned photography, and will further reduce stock sales as companies realize whatever is left in stock does not serve their marketing needs. The commercial photography world will be divided to two: higher-end photographers shooting higher-end commissioned work, serving a growing slice of the marketing pie, and lower-end photographers shooting stock, serving a shrinking slice of it.

That's a change I can live with. Too good to be true?

Here's the link:
http://www.istockphoto.com/forum_messages.php?threadid=251812

Shaq
http://www.shaqphotography.com - Commercial Photography
http://www.GoSeePhotography.com - Lifestyle Photography

ForumParentFirstPrevious
Flat view
ForumParentFirstPrevious
Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark MMy threads
Color scheme? Blue / Yellow