Getty: More Concentration On Exclusive RM

Posted on 7/31/2018 by Jim Pickerell | Printable Version | Comments (2)

Getty is contacting its RM photographers with non-exclusive or co-exclusive agreements and asking them to convert all their images in the Getty collection to exclusive so Getty will be the only organization that can license rights to use the images. This may be a particularly difficult decision for photographers with co-exclusive arrangements if they typically license a fair number of uses directly to clients annually. All those future sales will be lost.


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Copyright © 2018 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-251-0720, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

Comments

  • Margi Sherad Posted Aug 1, 2018
    We rarely see sales of our motion content that even get close to $1000
    What we ARE seeing, in ever- increasing volumes, is tiny sales via the Premium Access model (this for RM content - which basically goes against the basic premise of Rights Managed?) Although Getty does OK for us overall - I would not entertain going exclusive if this is how they ride rough-shod over RM content

  • Tibor Bognar Posted Aug 4, 2018
    As far as I can tell, most contributors will have good reasons to refuse this proposal. I agree with everything Jim says, but in addition don't forget that many well established contributors work with several other agencies also. Some of these pay a 50% commission and sell more images at higher prices than Getty. So, why would photographers put all their eggs in one - not very promising - basket?

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