MicrostockGroup
Agency Based Discussion => Adobe Stock => Topic started by: MatHayward on March 09, 2022, 11:11
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Hi Everyone,
If you have submitted video content to Adobe Stock, you will be receiving an email today announcing that HD video clips will be available to license as part of Adobe Stock subscriptions.
I wanted you to hear it from me first here. On a rolling basis, starting today, HD video clips will be available to license through Adobe Stock subscriptions (25 credits per month or larger). The royalty rate will remain at 35% of the price paid per download. 4K clips will be included in the subscriptions (25 credits per month or larger) at a 20% discount, which is equivalent to our credit pack discount.
You can see detailed information on potential royalties here: https://contributor.stock.adobe.com/en/royalties
Let me know if you have any questions, I will be around all day though please know that I'm traveling tomorrow (Thursday) through Monday so my response time during this date range will almost definitely be delayed. Thanks in advance for your patience.
All the best,
Mat Hayward
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Yes, received the mail an hour ago. Doesn't surprise me at all. With all the competition offering video subs it ha to come.
As long as the royalty rate stays the same I have nothing to complain about.
Adobe is not the fairest agency with their royalty rates but definitely better than the other big two, which at the time have no videos at.
Thank you for posting it here.
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More exciting news. The last thing that still provided decent return is gone. I used to upload my videos to Adobe first, see which ones would get traction and only then upload the low earners to SS. Now this is pointless.
Spend a pile of cash for very expensive 3d software and a powerful enough PC, spending hours and sometimes days modeling, texturing, lighting... Then rendering which also takes awhile, then editing, then keywording...
Good effort, here's a buck...
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Doesn't surprise me. The race to the bottom is a compelling one to be in ultimately.
Half of my income on AS is video so this'll decimate that.
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More exciting news. The last thing that still provided decent return is gone. I used to upload my videos to Adobe first, see which ones would get traction and only then upload the low earners to SS. Now this is pointless.
Spend a pile of cash for very expensive 3d software and a powerful enough PC, spending hours and sometimes days modeling, texturing, lighting... Then rendering which also takes awhile, then editing, then keywording...
Good effort, here's a buck...
This. +1
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More exciting news. The last thing that still provided decent return is gone. I used to upload my videos to Adobe first, see which ones would get traction and only then upload the low earners to SS. Now this is pointless.
Spend a pile of cash for very expensive 3d software and a powerful enough PC, spending hours and sometimes days modeling, texturing, lighting... Then rendering which also takes awhile, then editing, then keywording...
Good effort, here's a buck...
So true. I'm not even uploading some of my rendered illustrations anywhere, because I spent so much time and effort on them, couldn't stand to sell them for couple of cents... and I was learning a lot, hoping that I will get more with animation. Obviously it isn't worth trouble anymore, except maybe for work for clients. Or collecting likes on social media. :P
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More exciting news. The last thing that still provided decent return is gone. I used to upload my videos to Adobe first, see which ones would get traction and only then upload the low earners to SS. Now this is pointless.
Spend a pile of cash for very expensive 3d software and a powerful enough PC, spending hours and sometimes days modeling, texturing, lighting... Then rendering which also takes awhile, then editing, then keywording...
Good effort, here's a buck...
So true. I'm not even uploading some of my rendered illustrations anywhere, because I spent so much time and effort on them, couldn't stand to sell them for couple of cents... and I was learning a lot, hoping that I will get more with animation. Obviously it isn't worth trouble anymore, except maybe for work for clients. Or collecting likes on social media. :P
Same as you, I'm starting to find the discrepancy between my investment (both time and money), skills and quality I provide and on the other hand the pay, is just too big. Maybe this will be the last drop that will make me go the gig way. So many platforms now where I can charge several hundred for what I sell for peanuts now. Working with clients and constant availability will take some time to get used to but at least the pay won't be insultingly low
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Good to hear. I look forward to the increased sales. Matter of fact, my portfolio at istock and shutterstock have done 10x better since they started paying us pennies.
Serious question, what do you think the end result will be with regards to quality of footage?
I suspect many will submit garbage footage with little to no effort to help offset the lower pay.
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All this time wielding gimballs, covering logos with duct tape, tormented by editing and rendering... thanks to the sites that have dumped prices and the contributors that have gone to sites with unlimited downloads I'll go back to just doing easy photos because the difference paid is not worth the effort. I hate making videos and this is the excuse I needed.
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Well it's time to stop uploading to AD. I'm going to P5 Exclusive.
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Sadly this may be the only play left. At least we know why Pond5 will have the highest quality footage. I'm sure after a few years of crap submissions Adobe will have to up the rates again to sucker in more shooters to give them quality footage. For the time being i'll use my dji pocket gimbal and mavic mini drone to produce garbage for them. Pond5 will get all of my timelapse and Red Camera footage. Sorry Adobe, you dropped the ball.
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Let me know if you have any questions, I will be around all day though please know that I'm traveling tomorrow (Thursday) through Monday so my response time during this date range will almost definitely be delayed. Thanks in advance for your patience.
Against what others are saying, I'm actually ok with this. Subscription sales work well for me and probably my biggest source of income.
What I'd like to know is if there is a way we can see what is selling under this new model. The AS system really isn't great at reporting sales in a meaningful way. The daily best seller doesn't really help, as I can't see how much I made that day in total and there doesn't seem to be any simple way to just see all daily sales, AS is all about graphs and that's not helpful. Shutterstock actually does it best with the instant update and breakdown per licence type.
Can we get some kind of way to track the success of this new subscription model?
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Let me know if you have any questions, I will be around all day though please know that I'm traveling tomorrow (Thursday) through Monday so my response time during this date range will almost definitely be delayed. Thanks in advance for your patience.
Against what others are saying, I'm actually ok with this. Subscription sales work well for me and probably my biggest source of income.
What I'd like to know is if there is a way we can see what is selling under this new model. The AS system really isn't great at reporting sales in a meaningful way. The daily best seller doesn't really help, as I can't see how much I made that day in total and there doesn't seem to be any simple way to just see all daily sales, AS is all about graphs and that's not helpful. Shutterstock actually does it best with the instant update and breakdown per licence type.
Can we get some kind of way to track the success of this new subscription model?
Do you get paid by the word to shill for subscription model companies? Ask any pro how Istock or Shutterstock worked out for them with subs. Either you are new, or the first videographer to ever make more money from subs than regular royalties.
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More exciting news. The last thing that still provided decent return is gone. I used to upload my videos to Adobe first, see which ones would get traction and only then upload the low earners to SS. Now this is pointless.
Spend a pile of cash for very expensive 3d software and a powerful enough PC, spending hours and sometimes days modeling, texturing, lighting... Then rendering which also takes awhile, then editing, then keywording...
Good effort, here's a buck...
Full agree with you. The price and time spent in making a 3d video cannot be compared to shoot video camera or something done in a simple after effects program. Also let's not forget to mention the electricity too. A 3d video in 4K usually takes me 2/3 days to model and composite a and then week (non stop) to render. Less than 250$ a clip is bad business. forget adobe for that! just shoot videos and photos with your phone. For a buck that is what clients or Adobe deserve. ;)
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Fine with this as well... 60% of my income comes from sites that only offer unlimited subscriptions. Take Storyblocks for example... my best year with them prior to them going back to 100% subscription was $2500, and last year I made $8500 with them. Probably helped by all the contributors leaving as they assumed their earnings would be decimated... so thanks for that!
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Do you get paid by the word to shill for subscription model companies? Ask any pro how Istock or Shutterstock worked out for them with subs. Either you are new, or the first videographer to ever make more money from subs than regular royalties.
First time I've been called a shill!
Different sites/models work for different people depending on their content. I'm spread very thinly across as many platforms as possible and I track/record everything and my most successful agency uses the subscription model. I'm sorry it doesn't work for you, but that's just how it goes I guess. Same goes for me, some websites which people make a lot of money on, I just don't seem to be successful.
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Fine with this as well... 60% of my income comes from sites that only offer unlimited subscriptions. Take Storyblocks for example... my best year with them prior to them going back to 100% subscription was $2500, and last year I made $8500 with them. Probably helped by all the contributors leaving as they assumed their earnings would be decimated... so thanks for that!
an interesting point. might as well go down with the ship
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None of the ships are going down. Individual contributors who decided to get in the lifeboats may be sinking, but the ships are doing just fine.
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Fine with this as well... 60% of my income comes from sites that only offer unlimited subscriptions. Take Storyblocks for example... my best year with them prior to them going back to 100% subscription was $2500, and last year I made $8500 with them. Probably helped by all the contributors leaving as they assumed their earnings would be decimated... so thanks for that!
Agreed, it probably was helped by those who refused to sign up. They were probably correct that their earning would be decimated. It’s bit like a pyramid or Ponzi scheme. The site splits all their revenues as a percentage with contributors as whole so the first people to sign up make out like bandits. Until more contributors join and the split is spread too thin for anyone to make a living. There have been people on here whining about Freepik and how they used to make good money now they are down to pennies. Long term everyone gets sh*fted.
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Well that's the same for every agency, subscription or not.
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25% of my 2021 income came from subscription services. I only expect that percentage to increase as time moves on. I shied-away from subscriptions for years, but now I consider it a viable portion of my business plan.
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Fine with this as well... 60% of my income comes from sites that only offer unlimited subscriptions. Take Storyblocks for example... my best year with them prior to them going back to 100% subscription was $2500, and last year I made $8500 with them. Probably helped by all the contributors leaving as they assumed their earnings would be decimated... so thanks for that!
Well if it works for you, good. But i've been there and done it for 4 years. Since 2020 I have tried a different approach: my income comes 100% from no subscription and with better total income (30-40% increase). Probably both ways work. My guess is stick with the one it works for you best. ;)
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Maybe if it actually helps to get regular sales…Adobe is doing very badly for me compared to other places.
And they don‘t take editorial, which is often my best earner.
We will see.
I am not totally against subs sales, because they can give a good indication what is useful for the customer.
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Good to hear. I look forward to the increased sales. Matter of fact, my portfolio at istock and shutterstock have done 10x better since they started paying us pennies.
Serious question, what do you think the end result will be with regards to quality of footage?
I suspect many will submit garbage footage with little to no effort to help offset the lower pay.
Strange enough Shitterstock have set technical demands that only can be obtained with very expensive cameras, like they have in Hollywood or NASA. "Hi NASA can I borrow your new super camera for a 0.25$ job in microstock?"
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Strange enough Shitterstock have set technical demands that only can be obtained with very expensive cameras, like they have in Hollywood or NASA. "Hi NASA can I borrow your new super camera for a 0.25$ job in microstock?"
What technical demands are these exactly and what do you class as a very expensive camera?
I'm yet to see them demand anything of the like and if anything they are probably just trying to stop people uploading phone-quality footage. Not that a properly shot phone video/photos can't be sold when the device is put into the right hands.
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Either you are new, or the first videographer to ever make more money from subs than regular royalties.
I also have significantly more revenue via subscription models than regular sales with my videos. At one agency, I earned 6 times more from subscription sales than from regular sales this month.
By the way, today 2,80 € for a video sale at AS.