iStockphoto Offers Subscription Plans and Corporate Accounts

World’s Stock Imagery Sales Leader Will Offer Industry’s Most Flexible Payment Options

Calgary, Alberta, May 26, 2008. iStockphoto, the world’s leading royalty-free stock imagery and video destination, announced today that it now offers Subscription plans and Corporate Accounts in addition to the micropayment Pay-as-you-go credit system the company pioneered. Subscribers can access the same royalty-free content as Pay-as-you-go customers: photos, illustrations, video and Flash files. Beginning this September, audio tracks will be available to subscribers, offering customers a complete palette of multimedia tools.

Subscription plans give clients a daily credit limit to be used in three, six or 12-month time periods. Plans range from 10 to 480 credits per day and start as low as $96 USD a month. Clients can use a subscription calculator http://www.istockphoto.com/royalty-free-subscriptions.phpto customize the best Subscription to suit their needs based on the number of credits required per day and the total time period of the plan.

iStock also recently added Corporate Accounts which are fully-loaded with greater management and reporting features. A Corporate Account Administrator can create Sub-Accounts, set credit limits for the Sub-Accounts and easily manage the account with customizable reporting tools. Businesses can apply at www.istockphoto.com/corporateaccounts. 

“This is all about flexibility. To be clear, we are not switching our current clients to a new model – we’re giving customers one more way to buy from the best-selling stock collection in the world,” said Bruce Livingstone, founder and CEO of iStock. “Our corporate clients tell us they prefer the quality of the iStock imagery and video collection over others in the industry, but need payment models with fixed costs to satisfy their accounting departments. Subscriptions are also the perfect solution for customers who regularly buy our files in large quantities.”

 

Subscription Royalties v iStock guarantees that artists will never earn less per credit than they do under the original Pay-as-you-go system. Each Subscription or Corporate Account download still counts as a normal download towards iStock artists’ canister levels. iStock’s royalty structure for Subscription downloads uses a straightforward formula. Each subscriber has a daily credit limit. iStock will apply each artist’s standard canister royalty as a percentage of that daily limit which was used to download the particular image.

 

About iStockphoto

iStockphoto, www.istockphoto.com, is the world’s leading royalty-free stock destination, with an image downloaded every 1.4 seconds. iStock pioneered the micropayment phenomenon in this industry, enabling buyers to license images for as little as a dollar. iStockphoto entered the stock video market with similarly enticing price points in September of 2006. In partnership with its members, iStockphoto has turned community into commerce, transforming the digital imagery market by encouraging passionate dialogue and education, while making imagery affordable to businesses that may not have licensed imagery otherwise. iStockphoto is headquartered in Calgary, Alberta, Canada, and is a wholly-owned subsidiary of Getty Images.