This just landed in my email:
In the coming weeks, Shutterstock will be updating the earnings structure that determines how much you get paid when customers license your work. We are making this adjustment in order to reflect changes in the market for creative content, help to create fair opportunities for all our contributors, and reward performance with greater earnings potential.
Starting on June 1st, 2020, your earnings for each license will be based on your Image Level.
As of now you’re in Level 4, which earns 30% per license.
See the table below for more information about each level and how they are structured.
Total licenses for the year
101 - 250
251 - 500
501 - 2,500
2,501 - 25,000
How does it work?
These new levels are based on the number of times your content is licensed rather than your lifetime earnings.
All contributors reset to level 1 for both images and videos every year on January 1st.
There are separate levels for images and for videos, and you graduate through them independently based on your download count in each category.
Stay tuned for updates that include tips to help you quickly climb to the higher levels!
VP, Content Operations