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Getty Images Letter Forum / Re: Masterfile Corporation
« on: October 14, 2009, 11:04:35 PM »
I agree Oscar, but on the other hand, I went to Masterfile's site to look up the price of the two items they claimed were infringed and my conclusion that for those particular items, catalog numbers 700-00023992 and 700-00020568, I can only conclude that Masterfile either had no realistic intentions of trying to sell the images for the outrageous licensing prices of from $500 to over $2500 apiece (similar and sometimes better images were being sold on istockphoto for around $40!) . Maybe the person that sets the prices for Masterfile images is on bad drugs?
In any event it seems like Masterfile's business model is to make its money from threats and litigation rather than actual sales. I would love to find out how much of their revenue is from legal action (including from demand letters) versus people actually paying for their images which are several times the prices of other stock photo providers. I am sure that Masterfile may have a collection of images that people would buy, but the two in question I can guarantee no one would buy from them and would go to istockphoto instead. I guess if Masterfile is not guilty of extortion, they most certainly could be placed with those who price gouge customers!
In any event it seems like Masterfile's business model is to make its money from threats and litigation rather than actual sales. I would love to find out how much of their revenue is from legal action (including from demand letters) versus people actually paying for their images which are several times the prices of other stock photo providers. I am sure that Masterfile may have a collection of images that people would buy, but the two in question I can guarantee no one would buy from them and would go to istockphoto instead. I guess if Masterfile is not guilty of extortion, they most certainly could be placed with those who price gouge customers!