"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..
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..