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(PetaPixel)   Even though we keep 85% of the sale price, we at Getty have decided we've overpaid some of our photographers, so we'll be clawing back some of what we paid you from a few years ago. Kaythnxbye   (petapixel.com) divider line 28
    More: Dumbass, Getty  
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1945 clicks; posted to Business » on 26 Feb 2014 at 10:58 AM (29 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



28 Comments   (+0 »)
   
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2014-02-26 09:51:28 AM
I'm sure you worked very hard on that "Man Having Lunch With Coworkers" photo, subby.  The best artists are never recognized during their time.
 
2014-02-26 09:56:07 AM
This, combined with Getty's propensity to try and extort people, is starting to put the company on Comcast/AT&T levels of suckitude.
 
2014-02-26 10:05:10 AM
According to a post http://www.istockphoto.com/forum_messages.php?threadid=358476&page=1"> on the iStock forums, the problem was discovered in December by the company's Finance team and was initially thought to affect some 25,000 members. The good news is, only 9,000 were affected. The bad news: those 9,000 now owe Getty Images all of that money back

Does anyone know how all of this works? Just curious how 9000 people didn't notice an overpayment. I've been overpaid once at work and called HR immediately because I didn't want this sort of thing to happen down the road.
 
2014-02-26 10:14:13 AM

stpauler: According to a post http://www.istockphoto.com/forum_messages.php?threadid=358476&page=1"> on the iStock forums, the problem was discovered in December by the company's Finance team and was initially thought to affect some 25,000 members. The good news is, only 9,000 were affected. The bad news: those 9,000 now owe Getty Images all of that money back

Does anyone know how all of this works? Just curious how 9000 people didn't notice an overpayment. I've been overpaid once at work and called HR immediately because I didn't want this sort of thing to happen down the road.


It was probably of them just realizing that they needed to balance their books after losing a major court case.
 
2014-02-26 10:25:00 AM

stpauler: Does anyone know how all of this works? Just curious how 9000 people didn't notice an overpayment. I've been overpaid once at work and called HR immediately because I didn't want this sort of thing to happen down the road.


Long story short, you are paid a sum on a monthly basis.  It could be for one image or many, depending on your sales.  The amount fluctuates wildly, so you need to look at your line item to know what image sold for how much.  I suppose one could spot an over payment on the line item, but it would not be a simple thing to see.

Basically, stock photo agencies exist to rip off the photographer/artist in the most efficient way possible.  I don't make a lot of money licensing my photos to people, but at least I keep all the money I make.
 
2014-02-26 10:26:14 AM
Hey buddy, this is art!

img.wonderhowto.com
 
2014-02-26 10:46:07 AM
The "art" backlash against photography is weird. Not all photogorgay functions as art, just like all writing doesn't. Or all art for that matter. A news article is not a haiku, and 98% of what a graphic designers churns out is packaging, not art.

A lot of stock photography exists to convey a simple idea in a ham-handed way because any product that needs to cater to all of us will be diluted. How shocking.
 
2014-02-26 11:03:13 AM
They keep 85%?

Fark that! Even the Mafia keeps less.
 
2014-02-26 11:45:18 AM
So Getty will also pay back the government for the tax write offs they took for those over-payments, right?
 
2014-02-26 11:52:16 AM
Why don't stock photographers form a consortium like the music industry did, that everybody is a member of and the only amount taken is what it takes to protect their copywrite?
 
2014-02-26 12:06:20 PM
You got overpaid and now they want the money back.  I see nothing wrong here.  If I was paid extra I would have to give it back.
 
2014-02-26 12:28:57 PM

stpauler: According to a post http://www.istockphoto.com/forum_messages.php?threadid=358476&page=1"> on the iStock forums, the problem was discovered in December by the company's Finance team and was initially thought to affect some 25,000 members. The good news is, only 9,000 were affected. The bad news: those 9,000 now owe Getty Images all of that money back

Does anyone know how all of this works? Just curious how 9000 people didn't notice an overpayment. I've been overpaid once at work and called HR immediately because I didn't want this sort of thing to happen down the road.


I was overpaid at work once by ADP (bleh). I didnt notice it at first because it was the busy time at work and I was going to go over my check on the weekend. IIRC it was for about $150. They handled it like complete dicks and treated me like I was the one that farked up. When I pointed out it was their farkup and not mine it just made them madder. So that was fun.
 
2014-02-26 12:51:06 PM
"We have calculated the over payment amount to be $896.88. Rather than take this amount out of your royalty balance in one adjustment we have decided to schedule the removal of these funds over a 6 month period. Starting before the end of February 2014 we will begin removing $149.48. Once per month for the next six months we will recoup the balance of the over payment. You will receive a monthly notification as immediately after the funds are removed.
Over Payment Total=$956.66
Monthly Recoup Amount=$159,44"


Good job guys. Good job.
 
2014-02-26 12:59:02 PM
I think the real problem people are having with it is that Getty offers very little in the way of "Here's what sold, for how much, what we kept and what you're getting paid for" - in fact they handle secondary sales for "your' material outside of the iStock site as well.

In short, you are accepting them at their word for every single aspect of the payment system with zero information to back up any kind of counter claim.  I'd have a problem with that as well.

/yeah, yeah, open your own site blah blah blah.
// not a photographer
 
2014-02-26 01:27:18 PM

Target Builder: "We have calculated the over payment amount to be $896.88. Rather than take this amount out of your royalty balance in one adjustment we have decided to schedule the removal of these funds over a 6 month period. Starting before the end of February 2014 we will begin removing $149.48. Once per month for the next six months we will recoup the balance of the over payment. You will receive a monthly notification as immediately after the funds are removed.
Over Payment Total=$956.66
Monthly Recoup Amount=$159,44"

Good job guys. Good job.


Glad I'm not the only person to notice that. It wouldn't surprise me if they're charging people for the privilege of giving money back.
 
2014-02-26 01:29:24 PM

Nickster79: This, combined with Getty's propensity to try and extort people, is starting to put the company on Comcast/AT&T levels of suckitude.


All of the above are just good companies exercising their rights in the free market.
 
2014-02-26 01:33:16 PM
when I was discharged from the Navy, my final paycheck was cut in the form of an actual paper check.  I took the check to my bank to cash it, and discovered that my direct deposit had hit - the same amount as the paper check.

i pulled the money out, cashed the check and closed the account.

Didn't take long before the Navy wanted that money back.
 
2014-02-26 01:35:39 PM
Homer: Uh, Milhouse saw the elephant twice and rode him once,
right?
Mrs. Van Houten: Yes, but we paid you $4.
Homer: Well, that was under our old price structure. Under
our new price structure, your bill comes to a total of
$700. Now, you've already paid me $4, so that's just
$696 more that you owe me.
Mr. Van Houten: Get off our property.
 
2014-02-26 02:25:37 PM

Target Builder: "We have calculated the over payment amount to be $896.88. Rather than take this amount out of your royalty balance in one adjustment we have decided to schedule the removal of these funds over a 6 month period. Starting before the end of February 2014 we will begin removing $149.48. Once per month for the next six months we will recoup the balance of the over payment. You will receive a monthly notification as immediately after the funds are removed.
Over Payment Total=$956.66
Monthly Recoup Amount=$159,44"

Good job guys. Good job.


That's only part of it. The amounts in the paragraph match up: 149.48*6=896.88. The amounts at the end are not only different, they don't quite add up: 159.44*6=956.64, not 956.66. Not only that, that doesn't exactly match the letter from the article. You quoted $896.88 and 149.48, but those amounts aren't in the original quote in the article. Good job, you. Good job.
 
2014-02-26 03:28:25 PM
This is a really boneheaded business decision to pull, but from reading the reddit photography forum, a lot of photographers think they shiat gold coins or something.  So I'm not sure who to root for here.
 
2014-02-26 04:08:56 PM
Those guys from Rush are a bunch of arseholes!
 
2014-02-26 06:07:18 PM
This is just a horrible situation all around, from the original issue to how Getty is handling it. Photographers who already feel they're being taken for a ride by Getty (iStock keeps 85% of every sale for non-exclusive members) are now being told they have to pay back money they were given, and are going to be understandably upset. But then again, does anyone really expect Getty to let what might be millions in overpayments go uncorrected?
Well, if they did, it would certainly make for some great PR for a company that doesn't exactly inspire goodwill and happy thoughts in the majority of the photo community, but we somehow doubt that'll happen.


 God I hate it when people do this. "This company should pay their workers way more than they need to, or sell me these items for way less than market price (sometimes even at a loss), or just throw their money down the toilet, because it would be good PR". Like good PR magically makes dumb business decisions not waste money.
 
2014-02-26 06:14:41 PM

abhorrent1: So Getty will also pay back the government for the tax write offs they took for those over-payments, right?


Kind of. They'll have to record the money they get back as new income on their income statement, and that means they'll have to pay taxes on it. It won't be a separate tax, but it comes out the same.
 
2014-02-26 06:58:26 PM
Starting before the end of February 2014 we will begin removing $149.48. Once per month for the next six months we will recoup the balance of the over payment.

Good luck with that, seeing as how you're only authorized to deposit funds into the account I provided information for, and not to withdraw from it.

Also I moved my funds to another account and closed that one as soon as you sent this to me.

You think I owe you money now? Sue me. I'd love to see the details of your royalty accounting practices presented to the court.

/does not actually have a Getty account
 
2014-02-26 09:14:27 PM

Nickster79: This, combined with Getty's propensity to try and extort people, is starting to put the company on Comcast/AT&T levels of suckitude.


My buddy gets a lawsuit threat about every other month over a bullet point arrow used over 6 years ago and immediately removed from a blog post upon notification of copyright. Demand remains over $1000 for that single bullet point.
 
2014-02-27 07:58:21 AM

poot_rootbeer: Good luck with that, seeing as how you're only authorized to deposit funds into the account I provided information for, and not to withdraw from it.

Also I moved my funds to another account and closed that one as soon as you sent this to me.

You think I owe you money now? Sue me. I'd love to see the details of your royalty accounting practices presented to the court.

/does not actually have a Getty account



I'm pretty sure they mean they will take the money from any forth coming pay checks.  I've never seen a place pull money from an account.
 
2014-02-27 12:50:43 PM

TNel: I'm pretty sure they mean they will take the money from any forth coming pay checks.


Not legal under New York law, and likely other jurisdictions as well, without the express permission of the payee.
 
2014-02-27 02:31:00 PM

poot_rootbeer: Not legal under New York law, and likely other jurisdictions as well, without the express permission of the payee.


So would you rather them say give it all as one lump sum?  You can't get overpaid while working and expect to keep the money.  Real life isn't Monopoly and you don't keep an error on the other persons side.  I've been overpaid 2 times and both times they take it from the check or you have to cough up the whole amount owed.
 
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