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Author Topic: Pond5 taken over by SS  (Read 2944 times)

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Dio

« on: May 11, 2022, 06:19 »
+1
More exciting news. The future is definitely bright!

Message from the CEO:

"Over the past fifteen years, Pond5 has become a thriving community of millions of buyers and sellers interacting, transacting, and creating together.

We are so grateful that you have made this journey with us. Today, we are thrilled to announce a monumental next step: Pond5 has joined Shutterstock to form an unrivaled creative platform that offers full-service solutions, high-quality content, and applications for brands, businesses, and media companies.

Our combined reach is unprecedented in the media licensing industry. Together, Pond5 and Shutterstock will bring your work to tens of millions of creatives around the world for use in feature films, video games, advertising campaigns, and much, much more.

Additionally, Pond5 and Shutterstock partner with the biggest companies in the world - including Google, Meta, Apple, Adobe, Microsoft, and Bytedance - with a combined user base in the billions.

The future is very bright and your work is destined for greatness!

You do not need to do anything differently - your content remains on Pond5 and, if you also contribute to Shutterstock, your content will continue to be licensable there. You should continue to upload new content as you would typically across both platforms. Finally, your payouts from both marketplaces will continue on their usual schedule.

As you may be aware, Pond5 and Shutterstock have very similar, but not identical, Contributor Agreements. We have no immediate plans to amend our Contributor Agreement (or any of the terms of use of our marketplace), nor does Shutterstock."


« Reply #1 on: May 11, 2022, 06:37 »
+19
"The future is bright and your work is destined for greatness."

Like your footage taken with a 5000$ camera landing up in the hands of someone who got it on a subscription giving you 25 cents.

« Reply #2 on: May 11, 2022, 06:40 »
+2
More exciting news. The future is definitely bright!

Message from the CEO:

"Over the past fifteen years, Pond5 has become a thriving community of millions of buyers and sellers interacting, transacting, and creating together."

yeah, and they have done so AGAINST the competition represented by Shutterstock & others, so this clearly worked!

"Today, we are thrilled to announce a monumental next step: Pond5 has joined Shutterstock to form..."

so -- that makes one of us.

"The future is very bright and your work is destined for greatness!"

respectfully (or not) have to disagree. I enjoyed Pond5 as not quite-so darn Big-Tech, as a (former) ALTERNATIVE to Shutterstock and Adobe-garbage, and as a platform an open-source enthusiast can contribute to without vomiting.

Seems the vomiting will start very soon now.

On top, the fact that Pond5 was not quite so sickeningly "woke" as the rest of the bunch in the ultra-progressive loser-media scene or those infamous "other beauties" ;)) made it a little more fun to "be with them" than with any of those other outfits. These times seem to be coming to an end medium-term, and I'll be watching how things will really play out. I am aware there's no "immediate plans" of changing things, but it will happen eventually.

So staying on until it does...

This is definitely NOT a "great day" nor "bright future" though.

« Reply #3 on: May 11, 2022, 06:46 »
+5
"The future is bright and your work is destined for greatness."

Like your footage taken with a $5000 camera landing up in the hands of someone who got it on a subscription giving you 25 cents.

A quarter would be considered "good" on SS these days, often you see 10 on that outfit (or 26 for video -- seriously...)! Not that that merger means Pond5 will drop to pennies in the short to medium term, but still this whole business sucks.

Let us look at the bright side though: it makes even more sense now to sell independently, use alternative options and/or distribution channels for photo/video/audio content.

« Reply #4 on: May 11, 2022, 06:48 »
+6
Thanks, but no thanks. Goodbye then, pond5, after next payout.

« Reply #5 on: May 11, 2022, 06:59 »
+2
I wonder how Pond5 exclusive accounts will be affected by this?

« Reply #6 on: May 11, 2022, 07:02 »
+8
So this is it. 24.000 clips will be deleted and I'll stop with this crap. Moving on to next opportunities.

« Reply #7 on: May 11, 2022, 07:23 »
+7
Great.
Looking forward to losing all control over my pricing and having my best videos sell for $0.25 where they'll be used in total abuse of the licence conditions with no scrutiny.

« Reply #8 on: May 11, 2022, 07:24 »
0
shutterstock has aquired a few rival and non rival companies in the past, does anyone know what happened to the payout structure at turbosquid and other places since the aquistion? can people still set their own prices, etc? do they still get them same royalty rate.

csm

« Reply #9 on: May 11, 2022, 07:58 »
+6
Well I have to say I didn't see this coming.

Why would you continue to submit to both still?

Don't think I have ever read any good news that was beneficial to the contributor and lead to increased earnings for the artist.

Please somebody give me an example of a time when the artist did benefit from some sort of good news?

« Reply #10 on: May 11, 2022, 08:13 »
+4
Please somebody give me an example of a time when the artist did benefit from some sort of good news?

When iStock went from $.05 to $.10 payout in 2005?

angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #11 on: May 11, 2022, 08:54 »
+2
I wonder how Pond5 exclusive accounts will be affected by this?
Does anyone know how exclusive contributors are affected? When Shutterstock gave pennies for videos I went exclusive with Pond5.

« Reply #12 on: May 11, 2022, 09:05 »
+15
Dear Pond5 Artist,

We have been acquired by SS. What dose this mean for you? We are offering a discount on lube which we feel will greatly benefit you. Over the years SS has learned how to rob steal and destroy the creative artist. Don't let this upset you because we promise to help them achieve this goal as fast as possible in order to reduce your pain. Please look forward to your new gather creative hud at the soup kitchen. Food is free and you will just love your new sense of community! PS. We took the money and ran!

« Reply #13 on: May 11, 2022, 09:07 »
+3
I wonder how Pond5 exclusive accounts will be affected by this?
Does anyone know how exclusive contributors are affected? When Shutterstock gave pennies for videos I went exclusive with Pond5.

Me too. Over 8.000 clips on Exclusive.

« Reply #14 on: May 11, 2022, 10:02 »
+4
"The future is bright and your work is destined for greatness." Tom CEO P5

No, it's not Tom. Utopian words are for movies and we are the ones who make them.
It would be much more realistic if you said "Sorry guys but the Godfather Oringer made an offer I couldn't refuse"  ;)
« Last Edit: May 11, 2022, 10:06 by Evaristo tenscadisto »

« Reply #15 on: May 11, 2022, 10:04 »
+6
Being exclusive with anyone is never a good idea.

« Reply #16 on: May 11, 2022, 10:23 »
+3
I wonder how Pond5 exclusive accounts will be affected by this?
Does anyone know how exclusive contributors are affected? When Shutterstock gave pennies for videos I went exclusive with Pond5.

The whole industry gives pennies, why would you go exclusive with any one agency. That's sort of like stepping over dollars to pick up pennies. I have been making a living full time from stock since pre-micro and I can't think of one agency worthy of being exclusive with today. There is no integrity left in this industry at all. We produce a commodity that is over saturated and has no real intrinsic value. It's a sad truth, but we all need to get over ourselves and accept this fact.
« Last Edit: May 11, 2022, 10:26 by CantFixStupid »

« Reply #17 on: May 11, 2022, 11:20 »
+4
Me looking at sub $0.10 sales: F*** this industry

Shutterstock: OK!

« Reply #18 on: May 11, 2022, 11:23 »
+6
"The future is bright and your work is destined for greatness." Tom CEO P5

No, it's not Tom. Utopian words are for movies and we are the ones who make them.
It would be much more realistic if you said "Sorry guys but the Godfather Oringer made an offer I couldn't refuse"  ;)

You aren't reading what he wrote correctly.

The future is bright = HIS future is bright.
Your work is destined for greatness = no mention that you will actually be compensated for that work.

« Reply #19 on: May 11, 2022, 12:03 »
+1
"The future is bright and your work is destined for greatness." Tom CEO P5

No, it's not Tom. Utopian words are for movies and we are the ones who make them.
It would be much more realistic if you said "Sorry guys but the Godfather Oringer made an offer I couldn't refuse"  ;)

You aren't reading what he wrote correctly.

The future is bright = HIS future is bright.
Your work is destined for greatness = no mention that you will actually be compensated for that work.

You're right, I agree with you!  ;)

« Reply #20 on: May 11, 2022, 13:10 »
+2
It's always been easier to get videos accepted on pond5 compared to ss I hope it stays that way.

« Reply #21 on: May 11, 2022, 13:41 »
+5
It's always been easier to get videos accepted on pond5 compared to ss I hope it stays that way.

Funny to see some things are more important than others to people.

Pond5  has become a thriving community because its based in principles where artists Set their Price, fair share of 50% in first years and 60$ for exclusive in last years, good support team where Human interaction prevails to solve everyday problems instead of bots. 
Staff there actually listen to our concerns because P5 was built with and for the community of artists.

You will be able to set your price? fair share of 60% for exclusive? Good support Team?
compared to ss I hope it stays that way...

it won't!  ::)

« Reply #22 on: May 11, 2022, 13:46 »
0

You will be able to set your price? fair share of 60% for exclusive? Good support Team?
compared to ss I hope it stays that way...

it won't!  ::)

It won't! Question remains if they change the whole in one soon to come "exciting update to our user agreement" or they do it by Salami method. Ithink Shitterstockis more the "exciting news" type.

« Reply #23 on: May 11, 2022, 14:42 »
+7
I just deleted all my images and clips on Pond 5 and emailed support telling them to close my contributor account immediately.  I do not want any of my content showing up in any Shutterstock-related enterprise!

Adios, Pond 5.  Hope you enjoy the deal you've made with the Devil!

Tyson Anderson

  • www.openrangestudios.com
« Reply #24 on: May 11, 2022, 14:54 »
+2
I wonder how Pond5 exclusive accounts will be affected by this?

That is what I'm wondering too!


 

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