I was contacted yesterday by a business looking to use one of my images. We agreed on a $200 and I drew up a licensing agreement (reviewed by a laywer) that gave the business rights to use the image for print and online marketing.
Today, they came back to me and increaed the price to $300 to purchase the image. I really don't want to sell the image, so I was thinking of a 2-3 year exclusive license to them).
How have you handled this before (price point, # of years), any thoughts?
Today, they came back to me and increaed the price to $300 to purchase the image.
What do you mean by "purchase the image"? Are they asking for a transfer of copyright? If so, you're the only one who can decide on the value of that particular piece of intellectual property.
BluesWest wrote:
What do you mean by "purchase the image"? Are they asking for a transfer of copyright? If so, you're the only one who can decide on the value of that particular piece of intellectual property.
John
Hey John, they did want the copyright, but I didn't feel $300 was sufficient to give up rights to the image.
You're right, I have to come to decide what my work is worth after looking into the market. I ended up giving them a non-exclusive license to the image and will be scheduling shoot for other images they're looking for.
