Following the announcement from iStockphoto´s Kelly Thompson (Subscription Shuffle) this Friday at 2:07 PM MST that "iStock contributors will have the opportunity to sell their images through Photos.com and Jupiter Unlimited subscriptions", and his calculation:
The royalty paid will be 20% or 22.5% of the value of each download, which in turn is calculated by dividing the monthly value of the subscription by the number of downloads in that subscription that month (much like is currently done on iStock subscriptions, but monthly instead of daily). We’re projecting the average royalty payout to be 30¢ – 55¢—a significant upside to similar competitive subscriptions. At the high end, you could see earnings as high as $17.99 per image.
... a pretty vibrant discussion with pros (e.g. "exclusives now have a much bigger market to sell in") and - very unusual for the iStock forum - some cons (e.g. 1, 2 and 3) with currently over 600 responses on over 30+ pages appeared, also driven by questions of iStockphoto´s exclusive photographers about the remaining exclusivity of their iStock content*.
An iStockphoto forum admin clarified later the question of some Stockxpert contributors: "For those of you who already have images on Photos.com, we'll ensure there is no duplication. Yes, there will be extended licensing offered on those files on photos.com."
JJRD added in the midst of the discussion that "vectors are going to be offered" as well.
Kelly noted also "On Photos.com iStock content will only be included in the 'Photos.com Plus' subscription plan that currently has a price point of $249/month, $599/3 months and $1199/year. iStock content will not be included in the Photos.com basic plan that sells for $449."
*You need to wade through all the 30+ pages yourself for a complete & balanced overview.
- iStock Content to Sell on Photos.com and JupiterUnlimited (MSG)
- Do you like the idea of Photos.com and Jupiter Unlimited subscriptions? (MSG)