Archived posting to the Leica Users Group, 2000/10/07
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Guy Bennett wrote: >why should any one care a fig for gates's money, how much he has, how much >he loses, how much he has in relation to the lug, etc., etc., and so forth? >in the world of finance, he is somebody. to those for whom money is not ?everything, he is just a person. or have i missed something? Guy, The way stock traditionally works in on commission. Sell rights to a photo for $100, photographer gets $50. Sell for $5, photographer gets $2.50. And this kind of "loss leader" to buy the market has become prevalent between Getty and Corbis. Gates can absorb of the loss. How many photographers do you know who can afford to accept the $2.50 instead of $50? In fairness, I must say they do also negotiate image sales in the high end as well. (Some of my images, by default due to mergers, are with Getty, but I'm not holding my breath for a complete new R-system level sale!.) Interestingly, both Corbis and Getty have developed a reputation for such arrogance, marginal service and difficult access to their files on web sites that they have driven many customers back to the smaller agencies with high standards of personal service, despite higher prices. So maybe there is justice. donal __________ Donal Philby San Diego www.donalphilby.com