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Originally Posted by Koele
Any idea what the contract offered by Getty actually says? Haven't heard any details...just a lot of excitement about a "contract" that no one seems to know much about.
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I copied this directly from their front page blog:
" Quote ? Posted Mon Dec 4 11:38AM
On 2006-12-04 11:37:12, bitter wrote:
Today, everything changes. Everyone at iStock has their sights set on reaching Diamond. Now, that accomplishment means more than a higher royalty and a satisfying twinkle. The hard work, talent, and dedication that makes a diamond isn't the end of the battle; it's the start of yet another revolution.
As much as iStockphoto delivered and continues to do so, iStockpro never conquered some markets in the way we expected ? but now you can conquer them yourself. iStock is now the only agency you need to make a career out of making images. As of today, we're parachuting you right into the heart of the traditional 'professional' market.
Starting in January 2007, the creative team at Getty Images will offer contracts to all of our Exclusive Diamond photographers and illustrators.
You proved you are a professional a long time ago. Now there's a whole other market for you to dominate. No one is ever going to call you an 'amateur' again.
With this new pilot program, our Exclusive Diamond photographers and illustrators can choose to submit images for Royalty-Free distribution at Getty Images (as part of the Photodisc collection), while still remaining Exclusive here at iStock. It's the best of both worlds.
This is not subject to the terms of the Lifesize program at Getty. There is no fee to join or submit. You are being offered a contract. You are in.
During the pilot stage, Exclusive Diamond photographers and illustrators can upload up to 5 images a month to Getty through iStock. Once we move beyond the pilot stage, Gold Exclusives will be brought on board as well. And when the kinks are worked out, we will include video, and the option to sell Rights-Managed images. We expect everything to be running smoothly in the summer of 2007.
We aren't taking our top contributors away from iStock. We're making iStock the complete agency for our exclusive contributors, with access to every aspect of the industry for those who reach the top. You've trusted us by becoming exclusive. Now we're expanding our relationship, by opening up the terms of Exclusivity to offer our hardest workers a connection with our special friends at Getty Images. It's what we've been working towards ever since the idea of joining Getty first appeared. Now it's time for another revolution.
You've done it. Congratulations. If you haven't already, go quit your day job.
(Edited on 2006-12-04 11:44:12 by bitter) "
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