Split Royalties

ODesigns 9 May 2012 17:27
I know this was asked before, but I thought I'd just refresh the topic.

Any thought about split royalties on Pond5?

You know, two producers worked on a clip, and each sale gets them 50% of the cut.

So, if a clip is $50, Pond5 gets $25 (50%), and the producers both split $25 (50%), getting $12.50 each?

Might be a nice addition.
JHDT_Productions 9 May 2012 18:12
I would like that to happen here.
RekindlePhoto 9 May 2012 19:20
would also work when artists share music, sound effect and footage into a new product. Good idea for both sharing between artists as well as out models.
wideweb 9 May 2012 20:22
Just change the Paypal email account every other month and it will be very close to splitting.
RekindlePhoto 10 May 2012 02:48
Not sure I understand how changing PP account could work. If an artist has several thousand clips and needs to share income on a small number of these with different people, changing PP does not help at all does it?
vadervideo 10 May 2012 04:09
A better idea is just have all payments sent to me and I will make sure that all parties get their fair share after deducting my processing fees. ;)
ODesigns 10 May 2012 11:05
Then you'd have a HUGE tax burden.
vadervideo 10 May 2012 15:31
Well, that's not all bad. That just would mean I am making some real mulah.. ;)
dnavarrojr 11 May 2012 23:35
This is already a feature on another stock site and it's popular.
RekindlePhoto 12 May 2012 00:02
humm ... so ya mean it's easy to do? ;) Is it only open between just other artists or can it be shared with anyone who files out the federal tax papers with the agency?