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Getty Images Letter Forum / Re: settlement demand letter from Getty Image. What to do?

« on: July 26, 2010, 04:30:36 PM »

First ,  thank-you everyone for posting this issue and OM 's continued effort and support for the small businesses that find themselves in this unsettling situation . My business has recently be targeted with a Getty request letter back in April 2010 and we have had several emails back and fore trying at get clarification regarding cost breakdown and an offer of market value. Long short short , Getty is not interested in any discussion of any type other than full payment as outlined . Our particular case is for one web photo which was in our web database amongst many other photos 98% Istock photo , which is now owned by Getty . Their demand is for  $1170  and a comparable photo purchased at the same time as 8 credits equals $12
and a comparable Getty license photo  is $ 49 for 3 months , so either way a tremendous cash grab and proves this not an effort to protect  their clients ( owners ), but a new profit center based of fear and the law of averages. I have read many blogs and letters of similar cases , and the same profile seems to emerge , sit tight  and wait it out.  My Question for any past victims , what have been their experience since the initial letters Getty , then Legal? or Debt collection ? and has anyone made it through , or has anyone settled at different stages ?  

Eyeswide in Ontario , Canada .