Friday, November 29, 2013
how does dropping iStock exclusivity affect your income?
First column features my last years income as an iStock exclusive videographer. Second column features first years income (iStock only) as a non exclusive contributor. Third column takes in to account the royalty rate change (drop from 25% to 16%) and compensates for it. This way you can see how did going freelance affect my sales at iStock, not my income.
The following is based on my own experience. It does not compensate for growth of my portfolio, and it did grew.