Perhaps you know about stock photography sites, such as istockphoto.com, sxc.hu and others? Ever wondered how GollyGoose fits into that world?
The short answer is, “we don’t!”
That’s because GollyGoose is pioneering a unique concept - one where media buyers and sellers can do business and make deals in a fair and secure online environment. What a novel concept!
Yes, there are similarities between GollyGoose and some of the leading “royalty free” operators, but these are relatively minor, such as Licensing agreements and User Terms of Service.
Take a closer look at istockphoto.com and you can see it’s a great site for photographers to showcase their work and earn royalties. However, the percentage royalties are set by istockphoto and the site operates primarily as a ‘micro payment’ service. Subscribers buy credits on a pay-as-you-go or subscription basis. (Note that istockphoto is owned by Getty Images.)
Sxc.hu (also owned by Getty Images) is an interesting example of a ‘royalty free’ service where the contributors provide the images at no cost. Although images downloaded from that site can be used for almost any purpose, some restrictions do apply - mainly connected with distributing the images (a big ‘no no’, without written permission from the original contributor.)
By contrast, GollyGoose exists to allow legitimate owners of online content to make money by selling it to interested buyers via an online auction or ‘instant purchase’ process. The idea is to allow a market to develop for relevant and quality content, with supply and demand having a direct bearing on bid and offer pricing.
Note that GollyGoose doesn’t own the content. All responsibility for the legitimacy of each transaction is therefore between the buyer and seller.
One of GollyGoose’s star attractions for sellers is the variety of licensing terms on offer. As of this writing there are seven of them:
1. Single Use License for Print or Online Publication;
2. Unlimited Use License for Print or Online Publication;
3. Limited Use License for Specific Products;
4. Limited Display or Performance License for Television or Online Media;
5. Unlimited Display or Performance License for Television or Online Media;
6. Unlimited Reproduction or Distribution License on Specific Media; and
7. Complete assignment of all rights.
There’s almost sure to be one just right for the media content you’re looking to profit from. But remember to take professional legal advice before auctioning off any content, as there may be Intellectual Property, potential copyright infringement or even 3rd Party privacy rights to consider.
GollyGoose does not offer any legal advice or opinion - so do your own due diligence beforehand. We wish you much success on GollyGoose.
GollyGoose Team