okili77 Posted February 11 Share Posted February 11 I know that SS state that our payment will be sent by 15th in the month but I always get payment between 7 and 9th in the month but still nothing , no email from paypal. Does anyone have this problem or it is just me? Link to post Share on other sites
Phish Photography Posted February 14 Share Posted February 14 Same here :( Link to post Share on other sites
okili77 Posted February 14 Author Share Posted February 14 This is answer that I get today: Quite a few contributors are reporting that they have not yet been paid and that is unusual. This would indicate that it is an issue with the Shutterstock system which they will be aware of. Payments are normally made by the 15th of the month but whether these payments will be made in the next 24 hours is not clear.However, I can assure you that you will receive any payment that is due to you although it does look as if it will be a little late this month and I can only apologise on Shutterstock’s behalf. I would not expect them to be added to the March payments, very occasionally this has happened before and the payments are made well before the end of the month. Link to post Share on other sites
blvdone Posted February 14 Share Posted February 14 I got paid on 2/5 Friday from Paypal. Link to post Share on other sites
blvdone Posted February 14 Share Posted February 14 I hope Shutterstock didn't get burned shorting GME stock like some hedge funds did. Some hedge funds needed to borrow billions of dollars to cover their shorts at many times higher price than they shorted. Link to post Share on other sites
blvdone Posted February 14 Share Posted February 14 The last time a stock agency missed a payment was Revostock. They disappeared into infamy as many of us know. Link to post Share on other sites
blvdone Posted February 14 Share Posted February 14 No worries. Shutterstock has a lot of money. "Turning to our balance sheet and cash flows. At the end of the quarter, we had $429 million of cash, up from $383 million at September 30, 2020. The quarterly increase in cash of $45 million includes $65 million of operating cash flows, offset by $6 million of CapEx and content acquisitions, $7 million for investments in M&A activity, and the $6 million quarterly cash dividend paid in December. On February 1, we closed on the acquisition of TurboSquid for $75 million, which would have brought our cash balance down to $354 million from Q4 ending cash levels. Investors should expect more muted cash addition in Q1 as compared to Q4 with annual bonuses being paid in the first quarter. On January 12, we announced a 24% increase in our quarterly dividend to $0.21 per share. This increase was attributable to the positive cash flow results we had in 2020 as well as our confidence in the business for 2021. We will continue to periodically revisit the quarterly dividend and plan to grow it further over time." https://www.fool.com/earnings/call-transcripts/2021/02/11/shutterstock-inc-sstk-q4-2020-earnings-call-transc/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article Link to post Share on other sites
blvdone Posted February 14 Share Posted February 14 Some people are reporting the delay here too. Maybe it's because they spent $75 million on TurboSquid acquisition? https://www.[do_not_advertise_other_microstock_groups]/shutterstock-com/anyone-whose-money-has-not-entered-paypal(ss)-yet/ Link to post Share on other sites
okili77 Posted February 14 Author Share Posted February 14 Yes, I know, but it looks that is just couple of us who did not get payment, thank you for your respond. Link to post Share on other sites
everything possible Posted February 14 Share Posted February 14 I've been paid since 5th of this month.I think it so fast since 2012.It's wired. Link to post Share on other sites
PanicAttack Posted February 15 Share Posted February 15 still no payment to paypal also. Link to post Share on other sites
okili77 Posted February 15 Author Share Posted February 15 It wolud be good if they could give us some information, can we expect our income, is it on hold for some reason, delayed or something else? Link to post Share on other sites
okili77 Posted February 15 Author Share Posted February 15 Maybe is some system glitch... Link to post Share on other sites
Mai Groves Posted February 15 Share Posted February 15 I still haven't received my payment. Hopefully today as it is February 15 here. Link to post Share on other sites
greenbutterfly Posted February 15 Share Posted February 15 Me too,do not get paid now today 15th of this month,what should i do?😔 Link to post Share on other sites
okili77 Posted February 15 Author Share Posted February 15 I am not sure, noone to come with official statment of what is going on..I gess that it is not massive problem so that is why there is no response Link to post Share on other sites
FrameAngel Posted February 15 Share Posted February 15 Me too, actually always received not more than 8th for each month. what's going on? Link to post Share on other sites
Rodrigo Lira Posted February 16 Share Posted February 16 And that is the rock bottom for Shutterstock contributors... Earnings cut in half and not getting paid. Truly motivating! Link to post Share on other sites
Rodrigo Lira Posted February 16 Share Posted February 16 This is utterly disrespectful! Not a single word from Shutterstock about it! Link to post Share on other sites
Ellerslie Posted February 16 Share Posted February 16 I'm afraid because usually I'm paid on 5-8 each month and now my January payment seems fotgotten, I didn' receinved anithing. And seems that no one can give me an an answer abut what is happenig. Well, if someone still wotk here and read, Please can we have our Money?! Thanks Link to post Share on other sites
okili77 Posted February 16 Author Share Posted February 16 On Microstock group one Contributor posted this: I understand your concern regarding your payment and I sincerely apologize for the inconvenience caused to you.I checked our records, and unfortunately the payment for your January earnings did not successfully go through due to a technical error. It will be automatically reissued in the February payment cycle and you should expect to receive it by March 15. Our current payment systems do not permit us to reissue payments outside of the regular monthly schedule. We apologize for this delay and any inconvenience it may cause. If you have any further questions, please do not hesitate to reach out to us.Thanks, Shilpi Shutterstock Contributor Care Team Link to post Share on other sites
Rodrigo Lira Posted February 16 Share Posted February 16 That is how much they care about our work... Sad and disrespectful. 1 Link to post Share on other sites
Rodrigo Lira Posted February 17 Share Posted February 17 No payment, no explanation in my case... Link to post Share on other sites
yazirmzm Posted Tuesday at 01:05 AM Share Posted Tuesday at 01:05 AM My first payment. stil i didnt recive it 😷 Link to post Share on other sites
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