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copyright buyout

Hell LS. i’ve been asked to do a photojo style editorial assignment. The company, which is a major corporation, wants to own the images outright. Its not important to me really and i don’t believe they’ll have much promo value. How much do i figure for the buyout? ballpark figures would help me. i’ve read all about the cons of selling copyrights and that i should quote ridiculous amounts… but what is ridiculous. your help is greatly appreciated.

by robert hooman at 2008-10-27 18:52:02 UTC NYC , United States | Bookmark | | Report spam→

Copyright buyout not a Fair Deal.

And not a bright perspective to do images you do think of no much promo value.

imho.

by Daniel Legendre | 27 Oct 2008 21:10 | Paris, France | | Report spam→
I would take your assignment rate for the work (as if done for, say, a major magazine). Then estimate your average image sales from a similar purely editorial assignment — not the best, but not zero either. Somewhere in that range is where the value of the assignment work plus the copyright lies.

If it is a story that the major corporation will use itself, it is more common than not for them to get the copyright. In a way, it’s like advertising photography, which might be another benchmark.

by [former member] | 27 Oct 2008 21:10 | Washington, DC, United States | | Report spam→
Yes, it would be a ‘ridiculous amount’ so explain to them it’s not in their best interest to want a copyright buyout unless they want to back the Brinks truck up to your house. When you say “company” are they a commercial company selling a product or a editorial company(magazine)?. How many photos are they expecting from you that they want to buyout?. A general guide is find out how they would use one of your shots, find a year’s usage fee for that use and times it by 5. Then do that for every photo their expecting from you. If their only going to use one shot they might consider this, if they want to use a lot of them they’ll probably choke at the price. Then you’ll probably have leverage to charge for all of it’s specific usage instead which a more realistic alternative. You could give them a years unlimited usage for a lesser but still high price and tell them if there still interested in using after a year you can re-negotiate then.

A lot of times it’s just their lawyers wanting the buyout to cover themselves and not really understanding the cost in that.

by Bill Thomas | 27 Oct 2008 21:10 | NYC, United States | | Report spam→

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Participants

robert hooman, Photog robert hooman
Photog
Nyc , United States
Daniel Legendre, Photographer Daniel Legendre
Photographer
Paris , France
Bill Thomas, Photographer-Videographer Bill Thomas
Photographer-Videographer
Nyc , United States


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