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New earnings structure for Contributors


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In an email that is going out today, we are announcing that we will be updating the earnings structure that determines how much you get paid when customers license your work. We are making this adjust

This space will be updated to address frequently asked questions.  My email shows different counts for videos than are shown above. Which is correct? Apologies. The email to video contributo

Just when you think Shutterstock couldn't completely and utterly screw the contributors and more you've gone and done it. Effectively with a January reset everybody gets a cut of 20% or more of e

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Hello Everybody! I just found out about this, and I don't understand anything... (I'm french, so maybe informations are not well translated?)

Shutterstock staff says that changes will be about 'how much you get paid when customers license your work'. What does it mean?! Is it what we get when we sell a pic in subscription mode? What about the other ways to sell a pic? I'm lost ha ha

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Hi,

I got a email and it said

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.
 
image_2.png
Image Levels
 
image_3.png
Total licenses for the year
 
135822.png
Pay rate
spacer.gif
 
Level 1
 
Level 2
 
Level 3
 
Level 4
 
Level 5
 
Level 6
 
<= 100
 
101 - 250
 
251 - 500
 
501 - 2,500
 
2,501 - 25,000
 
> 25,000
 
15%
 
20%
 
25%
 
30%
 
35%
 
40%
 
 
 
video_img.png Starting on June 1st, 2020, your earnings for each license will be based on your Video Level.
 
 
As of now you’re in Level 1, which earns 15% per license.
See the table below for more information about each level and how they are structured.
 
135826.png
Video Levels
 
image_3.png
Correction: Total licenses for the year
 
135822.png
Pay rate
spacer.gif
 
Level 1
 
Level 2
 
Level 3
 
Level 4
 
Level 5
 
Level 6
 
<= 10
 
11 - 50
 
51 - 250
 
251 - 5,000
 
5,001 - 25,000
 
> 25,000
 
15%
 
20%
 
25%
 
30%
 
35%
 
40%
 

 

I dont know why are you calculating my income on video level, because i have no videos.

 

Regards

 

Miljenko

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6 minutes ago, Cottin Lucille said:

Hello Everybody! I just found out about this, and I don't understand anything... (I'm french, so maybe informations are not well translated?)

Shutterstock staff says that changes will be about 'how much you get paid when customers license your work'. What does it mean?! Is it what we get when we sell a pic in subscription mode? What about the other ways to sell a pic? I'm lost ha ha

The royalty you'll get will depends of the customer's subscription plan

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1 minute ago, Oleksii Arseniuk said:

The royalty you'll get will depends of the customer's subscription plan

OK thanks you! It's sucks... I sold a lot of pics on demands (I work more in editorial mode than in creative mode). I stop to send new pictures, keep my pics of Retromobile for me haha and wait to see what's happened in June...

The deadlines for theses changes are very short. They should've talk about their project with photographers instead of this situation.

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5 hours ago, KoshelevaJenya said:

Well, great! Now you not only erase angry reviews of your policy on Instagram (Twice! Oh my god, twice!),you also hired people to plus your app in AppStore and PlayMarket! How much do you pay them for this? $ 0.5? or definitely not less than 0.1 $ ?   

image.png

image.png

If you take a look at some of the names there, are they bying reviews from India?

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2 hours ago, YaromirM said:

This new plan is bullshit and we all know it. It's just design to make SS more profitable to impress stockholders and boost bonuses for CEO, COO, CFO and other officers. Nothing more. Typical corporate greed. There is a little chance this plan will be abolished, however  if we can't overturned maybe we should pressure SS to make one change to it... instead of resetting every 1st of January, which is beyond ridicules, what about measure sales for last 12 months every month.? This is the only fair way. So if your sales for last 12 months are below 100 you continue to make 10C per image but if your images sale well you keep your level. You can go down, you can go up but this way people who are really great producers can still be compensated in a fair way. On top of that it may discourage garbage uploaders who right now dominate here.... Overall SS should have the same financial goal achieved or maybe outcome will be even better. Quality of the content may improve this way dramatically

 

No.. don't bend over for to make that change.... that is what they would want at the very least. 

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Last year I was considering starting uploading again after being on hiatus for some time.
Now I'm glad I didn't.

Definitely NO new pictures by me on this site! It's not worth the effort any longer.
And if this change shows that my portfolio is earning definitely less than last year, I'm culling it.

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I have juste received an email from another agency.
I think that I cannot tell which one here, but the beginning of the mail says:
"Hello ,
It's worth talking about the changes going on in the industry
Shutterstock announced in a post on its contributor forum that it’s putting a new earnings structure in place starting June 1, 2020.
Under the new structure, contributors will get compensated via a percentage of the sales price based on the ‘level’ their photo or videos are rated.

People are angry and rightfully so. Some calling this the "nail in the coffin" with their earnings being cut by 50%. See one user's comment:"
(Then follow a screenshot of a post from an user of this forum)

I think somehow some agencies are going to find a way to make it to their advantage.
Let's see…

 

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Since shutterstock is a pubIic traded company, I wonder what could be done if thousands of shutterstock contributors got together and bought shutterstock shares. Perhaps then we could influence company policy and stop the race to the bottom. It’s impressive how people who actually produce anything just get poorer by the day and parasites who live off their creativity keep getting fatter and fatter. And still we call this a “partnership”.

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3 minutes ago, B. Melo said:

Since shutterstock is a pubIic traded company, I wonder what could be done if thousands of shutterstock contributors got together and bought shutterstock shares. Perhaps then we could influence company policy and stop the race to the bottom. It’s impressive how people who actually produce anything just get poorer by the day and parasites who live off their creativity keep getting fatter and fatter. And still we call this a “partnership”.

I have been watching SS shares since they listed... and as there are so many... how many contributors have enough combined income to buy at least 100 million dollars in value to get their ideas heard? Their shares are pretty bad... but if you bought them, then complained about this... shares price would fall... you would have then lost your money. 

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3 minutes ago, Maxal Tamor said:

I have juste received an email from another agency.
I think that I cannot tell which one here, but the beginning of the mail says:
"Hello ,
It's worth talking about the changes going on in the industry
Shutterstock announced in a post on its contributor forum that it’s putting a new earnings structure in place starting June 1, 2020.
Under the new structure, contributors will get compensated via a percentage of the sales price based on the ‘level’ their photo or videos are rated.

People are angry and rightfully so. Some calling this the "nail in the coffin" with their earnings being cut by 50%. See one user's comment:"
(Then follow a screenshot of a post from an user of this forum)

I think somehow some agencies are going to find a way to make it to their advantage.
Let's see…

 

yayimages...a company who sold nothing and still owe lot of commission to many contributor since 2012....they smell desperation and come out to steal more money...for me i repeat many don't understand the real situation of complete micro stock industry....i don't want justify ss but the micro stock is collapsing...nobody will earn what they are now in the future no matter what schemings they put on....this is the results of many selling in junk company like yay...giving free images to istock for years....we cannot complaint now we , i put me in the bunch, were those who did this and now complaint....istock sell video for 10 cent since 4 years...they have millions of video , who is the guilty for this? demand is falling down everywhere and offer has skyrocketed because everybody in the world who need some dollars try ell photos....its a cheap industry with zero barrier.....drone now cost 400 dollar from,...camera even can be bought used for penny...studio light from china are cheap as hell....those who are surprised are people who live in the moon...it was clear since 2016 since they open gate and took any contents that this was the end of the story. probably in two years if you earn 1000 now you will get 50 dollar no matter what kind of efforts you do.....it's like instagram influencer youtube videographers.....zillions of people wanna live the live of free travel fun and this make influencer industry collapse too....it's simply not possible in this industry have 200 millions creative...is a fact. so it's totally useless complaint...if you can earn enough keeps on doing this till you can if not move on and find something else.

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3 minutes ago, Keith Tarrier said:

I have been watching SS shares since they listed... and as there are so many... how many contributors have enough combined income to buy at least 100 million dollars in value to get their ideas heard? Their shares are pretty bad... but if you bought them, then complained about this... shares price would fall... you would have then lost your money. 

100 millions dollar combined? nobody earn enough to save some money...proabbly a bunch make millions one yuri archers and he did in the beginning, right now he probably earn one tent of what he earned

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I know removing my images won't make a difference, but if we all do, it might. I make very few sales here, but it was a nice little side bonus until now. If every contributor, or heck even a decent percentage of us, removes their images, maybe they will get the hint and go back to a fair payout rate. As soon as I got the email I made my images no longer available for sale. I don't know any other profession where 15% would be acceptable for someone who does every bit of the work to produce a product. Fortunately there are alternatives out there that still pay fairly decent, and I would rather never sell another stock image than accept 15%. I truly hope that if Shutterstock is determined to screw contributors over like this, that they go bankrupt quickly. Rather than put in some work to make their business more profitable, and tighten their own belts, they'd rather steal money from the people who are the foundation of their business. Disgusting!

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1 minute ago, LongJon said:

yayimages...a company who sold nothing and still owe lot of commission to many contributor since 2012....they smell desperation and come out to steal more money...for me i repeat many don't understand the real situation of complete micro stock industry....i don't want justify ss but the micro stock is collapsing...nobody will earn what they are now in the future no matter what schemings they put on....this is the results of many selling in junk company like yay...giving free images to istock for years....we cannot complaint now we , i put me in the bunch, were those who did this and now complaint....istock sell video for 10 cent since 4 years...they have millions of video , who is the guilty for this? demand is falling down everywhere and offer has skyrocketed because everybody in the world who need some dollars try ell photos....its a cheap industry with zero barrier.....drone now cost 400 dollar from,...camera even can be bought used for penny...studio light from china are cheap as hell....those who are surprised are people who live in the moon...it was clear since 2016 since they open gate and took any contents that this was the end of the story. probably in two years if you earn 1000 now you will get 50 dollar no matter what kind of efforts you do.....it's like instagram influencer youtube videographers.....zillions of people wanna live the live of free travel fun and this make influencer industry collapse too....it's simply not possible in this industry have 200 millions creative...is a fact. so it's totally useless complaint...if you can earn enough keeps on doing this till you can if not move on and find something else.

When I read this email my thoughts have been "When there is smell of dead meat the vultures fly around" :D

I don't know if you know but Yay has changed management some weeks ago. I don't say that they will be different or better, just that different people can have different behavior and different results…
 

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