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SportsShooter.com: Member Message Board

Getty over paying photogs and now recouping there mistake
William Hauser, Photographer
Westfield | NJ | USA | Posted: 9:23 AM on 02.25.09
->> click on the link and read


http://www.pdnpulse.com/2009/02/report-getty-overpaid-photographers-taking-...
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Alex Menendez, Photographer
Orlando | FL | USA | Posted: 9:35 AM on 02.25.09
->> Is this really worth their time? Do they really need the money?
A similar thing happened recently to a major company and they wanted their money back, they went after the payees and it has since turned into a media/PR nightmare for them.
In the end they come off showing just how greedy they really are. If it was Getty's mistake, they should just live with it. Move on folks...


P.S.- In my opinion these is no such thing as overpaying a photographer if they do the job that they were hired to do. Getty photogs seemingly know what to do, right?

My 2 cents-
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Karl Stolleis, Photo Editor, Photographer
Philadelphia | PA | | Posted: 11:13 AM on 02.25.09
->> Alex,

A "recent" company had a PR nightmare because the people they were trying to "collect" from were recently laid off. That makes things a little different.

Why would trying to collect overpayments from contractors be "greedy." Its called good business. Whether you agree with Getty's biz model or not is a different story.
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JC Ridley, Photographer
Coral Springs | FL | US | Posted: 1:02 PM on 02.25.09
->> http://tinyurl.com/cww7ds
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Alex Menendez, Photographer
Orlando | FL | USA | Posted: 3:51 PM on 02.25.09
->> Good business in my mind means knowing how much you are paying and to whom! Plain and simple.

"This photographer, who signed a Getty contract in June 2008, says the "typo" wasn't corrected until recently, more than six months later. The photographer is skeptical that a royalty rate mistake could have gone uncorrected so long: "That's the most important part of the contract... It's not a misspelled word."

I don't shoot for Getty, never will, and don't know the specifics on their royalties contract with these shooters so I am kind of backed into a corner here but let me ask this...

If Getty set up the pay structure on this deal and then overpayed on the royalties then they should of course be able to get their money back but at what rate and how soon? I don't think its fair to change the terms of the deal whenever they want to -which is what it seems they are doing. Do the shooters now have to sign a new contract to make the new royalty payments legal?
Why won't Getty just make these overpayments an "Advance on Royalties" and let future sales profit/royalties of these photos pay back the overpayments? This way Getty will get their money back when the images sell and the shooter doesn't have to pull money out of the bank. If the photos don't sell, that is Gettys fault, they should sell harder to get their money.

How much of a pain in the ass is it going to be when tax time comes up for these photographers?

I am not trying to argue with anybody about Getty, Yes, they should get their money back in due time, but why make it appear as if they are taking food off of the table for their current contract shooters? Thats what it sounds like to me!
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Jeff Martin, Photographer
wellington | OH | usa | Posted: 4:31 PM on 02.25.09
->> Why won't Getty just make these overpayments an "Advance on Royalties" and let future sales profit/royalties of these photos pay back the overpayments? This way Getty will get their money back when the images sell and the shooter doesn't have to pull money out of the bank.

Alex, this seems like what they are doing.
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Alex Menendez, Photographer
Orlando | FL | USA | Posted: 5:38 PM on 02.25.09
->> If that is the case than I agree, that will work. I was under the impression that they were demanding a cut of the money back directly from the photographer ( kind of like lump sum, pay me now) . I have read 4 different Getty letters in 2 days, each a bit different from the prior.

Thanks Jeff
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Thread Title: Getty over paying photogs and now recouping there mistake
Thread Started By: William Hauser
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