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ELI Forums => Getty Images Letter Forum => Topic started by: Robert Krausankas (BuddhaPi) on October 13, 2012, 06:40:30 PM

Title: How does Getty Images calculate the settlement demand amount?
Post by: Robert Krausankas (BuddhaPi) on October 13, 2012, 06:40:30 PM
"The settlement demands are based upon the fair market value of a license, taking into consideration several factors such as usage, size, placement, duration, and territory. The settlement demand is calculated by taking the average length of use and the average cost of licensing for that period, plus a portion of the costs incurred related to the pursuit of the unlicensed use. Because you used the images without first obtaining a license, you are not eligible for our lowest pricing. We have incurred additional costs due to your unlicensed use, and any settlement amount we are prepared to accept must reflect those costs."

Why is it I have a feeling someone at Getty Images either can't perform simple math, or Timothy B. McCormack has pulled the above statement out of his ass?

Let us say for example I have an image of a cactus that Getty Images "claims" to own, there are nearly identical cactus images available on multiple stock images sites included IStock ( owned by Getty) these images can easily be purchased for less than $15.00, yet Getty Images demand upwards of 1000.00 for this image, whether its been on my site 1 week or 6 months....FACT the math doesn't add up! In my opinion Timothy B. McCormack continually makes himself look like an ass when posting these kind of statements..

Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: Greg Troy (KeepFighting) on October 13, 2012, 06:53:07 PM
I think that he has the same mentality as the government where they think that a $700 hammer and $500 toilet seat is all right so $850-$1250 is just about right for a cactus. Also Robert remember that this is coming from a man who likes to dress up and play Mr. Rogers.
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: PuzzleGuy on October 13, 2012, 07:25:34 PM
I've never been a big fan of Mr. Rogers, but it seems rude to insult the guy when he's no longer around to defend himself!
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: Greg Troy (KeepFighting) on October 13, 2012, 07:49:18 PM
There is absolutely no insult intended to Fred Rogers, I grew up watching him. What I am referring to is a video made by Timmy where he basically reenacts the Mr. Rogers opening scene. He comes into his office talking about his services and intellectual property goes to his closet takes off his shoes and jacket, puts them in the closet then takes out a cardigan from the closet and puts it on as he finishes his talk. From what I remember the video was even called Mr. Rogers.

Not only what does this say about him but also about Getty for using him as their "preferred legal provider". Seriously… Just saying.

I've never been a big fan of Mr. Rogers, but it seems rude to insult the guy when he's no longer around to defend himself!
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: PuzzleGuy on October 13, 2012, 09:28:45 PM
 Greg, your post was clear. Mine, however, was a poorly worded attempt at humor.  :-[ :-[ :-[
Sorry for the confusion.
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: Peeved on October 13, 2012, 09:42:53 PM
Puzzleguy...I got your "sarcasm" and "humor" no worries!
  8)

Just a refresher of "Mr. Rogers" video:

http://www.youtube.com/watch?v=2Lwrr_hDgj4&feature=plcp

GAWD!  ::)

I've never been a big fan of Mr. Rogers, but it seems rude to insult the guy when he's no longer around to defend himself!
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: Greg Troy (KeepFighting) on October 13, 2012, 11:13:07 PM
No worries, sometimes I don't see it when it's typed :-[

Greg, your post was clear. Mine, however, was a poorly worded attempt at humor.  :-[ :-[ :-[
Sorry for the confusion.
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: Greg Troy (KeepFighting) on October 13, 2012, 11:17:52 PM
Thanks for posting this Peeved, it's been a long time since I've seen it.  I thought I remembered him putting on a cardigan after he took off his jacket, oh well the memory is the first to go :)

Puzzleguy...I got your "sarcasm" and "humor" no worries!
  8)

Just a refresher of "Mr. Rogers" video:

http://www.youtube.com/watch?v=2Lwrr_hDgj4&feature=plcp

GAWD!  ::)

I've never been a big fan of Mr. Rogers, but it seems rude to insult the guy when he's no longer around to defend himself!
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: Peeved on October 14, 2012, 03:31:29 PM
Thanks for posting this Peeved, it's been a long time since I've seen it.  I thought I remembered him putting on a cardigan after he took off his jacket, oh well the memory is the first to go :)

That's ok Greg, he may as well have put on a cardigan. Indeed it is quite insulting to Mr. Rogers!
Title: Re: How does Getty Images calculate the settlement demand amount?
Post by: Jerry Witt (mcfilms) on October 15, 2012, 03:02:44 PM
That video is soooo much better in the right context. I suggest you play this sound instead:

http://www.youtube.com/watch?v=w3jyxiJmFqM&feature=share&list=PLB656015F20D7B85C