Fontstore
Craig Eliason
Posts: 1,436
Looks like a new retailer has popped up, Fontstore. Offering users access to their whole library of exclusive type designs for $15/mo.
Anyone know who's behind this? And what the terms are like from the type designers' side?
Anyone know who's behind this? And what the terms are like from the type designers' side?
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Comments
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Satya Rajpurohit0
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Too cheap; bad model.
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I suggested to Satya that he is more transparent about who founded and runs the company, and he agreed. I also suggested he addresses the very real elephant-in-the-room about type designer compensation. He did divulge this:All the fonts offered on Fontstore is commissioned work, and type designers were paid upfront.So it is similar to Google Fonts’ model, which of course begs the next question: how much are they paid? There are many respectable designers represented in the library, so one could presume it’s a reasonable fee. Long-term revenue is always uncertain (especially in the nascent font rental business), so the most obvious benefit to type designers is a known payment immediately rather than unknown (even if perhaps greater) payment over an unknown period of time.
I don’t think we have enough information to say it’s a “bad model”. I do have concerns about the way (relatively) inexpensive library subscriptions affect the perceived value of type. It’s not such a bad thing for type designers to have an alternative way to earn decent money for making good fonts, but will prices drop to the point that other methods (such as designer-owned foundries) are not sustainable?
@Craig Eliason You can find out the terms directly from Satya. See the last FAQ.
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@Stephen Coles -- the "Too cheap" is the bad model I was referring to. The perceived value of type is affected by that in my view.
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I have no particular view on what counts as too cheap, but $15/mo is actually more than the price of a monotype library subscription (if billed annually) which is a much larger library.1
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I heard they pay upfront for the exclusive distribution for a certain period of time. It doesn’t seem like a bad deal for designers depending on their status/experience in the market. I don’t remember how much they pay and how long the exclusivity last, but when I heard the figures, they sounded quite fair.
As long as designers are fairly paid for their work and knowledge, any distribution model can be good. The cheap prices allow for a wider audience, making typefaces available to more users.
Another thing to consider is the quality of the fonts in the catalogue. At first sight I have seen some promising ones but also some others with a questionable quality.1 -
1) Where are the EULAs hidden? The licensing page doesn't have any legalese
2) Happy to see that PDF is included in the desktop basic license.
It'll come down to the clauses ultimately, and whether costs start to change over time. I'm a bit hesitant about the end-user representation – clearly I need shoulder pads.
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So it is similar to Google Fonts’ model, which of course begs the next question: how much are they paid? .... I do have concerns about the way (relatively) inexpensive library subscriptions affect the perceived value of type.
So we are all in a 'race to the bottom' with Google leading the way?
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Concerning the payment of type designers Satya has stated on Twitter:Yes. Designers have been paid a one-off fee upfront. Now whether their fonts sell or not, it’s my headache. Type designers are unaffected.This means exclusive distribution for perpetuity, and no royalties.1
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Paul van der Laan said:This means exclusive distribution for perpetuity, and no royalties.
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Paul van der Laan said:Concerning the payment of type designers Satya has stated on Twitter:Yes. Designers have been paid a one-off fee upfront. Now whether their fonts sell or not, it’s my headache. Type designers are unaffected.
Perpetual exclusivity effectively equals copyright transfer — apart from the right to extend/modify, but that’s also subject to contractual agreements. There are many type designers today who do work-for-hire projects, and have done long before Google Fonts came around. I see more similarities with the Adobe Originals collection on Typekit than with Google Fonts.
Unfortunately, the amount of animations on fontstore.com made me stop clicking around after two pages, so I cannot comment on the contents of the library.11 -
Is the exclusivity perpetual or for a limited period of time? María’s comment suggested the latter.
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Florian Hardwig said:Is the exclusivity perpetual or for a limited period of time? María’s comment suggested the latter.0
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Hello everyone!
As I said on Twitter, all the fonts on Fontstore are a commissioned work and designers have been paid in full, a one-off fee upfront. I mostly approach independent designers and ask them to create exclusive fonts for Fontstore. I personally never liked the royalty-based models. Yes, there could be a possibility that the designer might earn more than the one-off fee but there is no guarantee. And it can take years. And if you were to make a living out of Fonts you need a guaranteed income now. What would you do with your royalties after you're dead?
I'll give you a simple example. If I come to you and ask: Hey, I have an idea! Why don't you spend couple of months, use your own resources, design a font for me and we'll publish it from Fontstore. And when your font sells, I'll give you 50%. But if it doesn't sell, It's not my responsibility, okay? How many of you would be interested in it? NONE, right? But that's how most foundries and retailers work, unfortunately. No one wants to take the responsibility of failure. Designers distribute their fonts from foundries or retailers because they don't have a better choice.
I don't want to reveal the fee paid to designers but in most cases I accept what the designer have proposed. Of course, I cannot work with every type designer because some of them are expensive (for me), and considering my limited budget, I have to reject many proposals. Please note that I have started Fontstore with limited resources and without any outside funding, but I try my best to be as much fair as I can be with designers. This will only get better as Fontstore becomes stronger.
Someone mentioned that we pay upfront fee for a limited period of exclusivity. Well, it's true, but only 5% of the fonts are offered under this scheme and we haven't officially started accepting fonts under this scheme yet.
While approaching designers, I realized that many were sceptic about giving exclusive rights to their fonts. So I worked on a new distribution model called "Fontstore Guaranteed Income Program (GIP)". This is a 3 years binding agreement where the designer gives exclusive distribution rights to their fonts to Fontstore for 3 years. And in return, they get a guaranteed monthly income, for 3 years. The best thing about GIP is that, whether your font sell or not, you get a guaranteed, pre-set income every month for 3 years. Again, the risk-taker here is Fontstore. The designers are completely unaffected with sales.
This might change, but currently we've set a price of EUR/USD 500 per family, per month (for an average family of 8-14 styles). This comes to USD/EUR 6000 a year, and USD/EUR 18000 for 3 years for 1 family, guaranteed. But that's the only income they get, no royalties on font sales. After 3 years, they can either decide to renew their contract or withdraw their fonts. In case they decide to withdraw, Fontstore stops the distribution and designers are free to do whatever they want to do with their fonts.
I hope this answers all your questions. If you still have questions, please feel free to send me an email at: satya@fontstore.com
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Congrats Satya for trying this new model and taking those risks.
I wish you great luck in your adventure!
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