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Charles Lewis

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About Charles Lewis

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  1. Earnings are declining because the nature of the business is changing. Stock photography is a commodity business; low margin, high volume. The 'old' contributors are upset because the compensation model changed from historical performance to actual performance. While I think that levels should be based on rolling year performance rather than a January reset, I think the change made sense. No organisation pays compensation based on historical performance. The change in compensation amounts reflects the move to a subscription based model. In my 40+ years of professional experience, I'
  2. No, stock photography isn't dead but the business model has changed. It has become a commodity and subscription product. High volume, low margins. If you want to make money, you need a big portfolio and you need to be adding to it all the time. My earnings are relatively close to where they were last year but on 38% more sales. Given that the nature of the model has changed, it is up to the contributor to decide if this is a business they want to be in.
  3. They clearly have a data synchronization problem. They know how many times a photo ('asset') has sold because they give us that data yet they seem unable to connect that data to their popularity/usage template. I have a shot that has sold 32 times since February including four times in the last week but they rate it as Medium/not used yet. I suppose the real question is to what extent a customer will pay any attention to that information. Does it add anything to the purchase decision? Will they want a shot that everyone else is using or will they be looking for something a bit diffe
  4. I think it is just showing the limitations of AI. Now, those limitations might get ironed out over time as the software gets more mature but we aren't there yet. Shutterstock knows that, we certainly do and, I suspect, so do the customers. Shutterstock already has the stock photography business. The problem is that it has become a low margin commodity one and growth is hard to come by. However, developing a really good AI takes the business in another direction and, potentially, towards high margin software solutions. And guess who they can test it one while they work out the bugs.
  5. When I got my latest camera in 2018, I discovered that my old version of Photoshop Elements (2010) couldn't read the Nikon NEF files. Upgraded to Elements 2018 and the problem went away.
  6. I understand the frustration and I have had similar frustrations. However, it is best not to dwell on it and to move on. Shutterstock don't want the shot? Fine, others do and Shutterstock's loss will be their gain.
  7. I'm doing okay in terms of downloads. Revenue is poor due to only two ODDs all month (no EL or SOD). Geographically speaking, sales in Europe have been pretty slow this month, probably because they are all on holiday. At least the Asians and Americans are buying! If next week is decent then I should do better than July 2020 in everything except RPD. I need a couple of good ODDs or SODs to get the RPD up.
  8. Halfway through the month, decent number of downloads but not a single SOD, ODD or EL. Every one a sub.
  9. SS have clearly tightened up on their interpretation of 'quality'. I've had some stuff accepted but was surprised by a couple of my recent rejections. It isn't something I'm going to worry about unduly and I certainly won't take it personally. So long as I'm happy with my shots then that is all that matters.
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