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Author Topic: Envato Getting Rid of Contributor Bonus  (Read 1147 times)

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« on: June 08, 2022, 06:28 »
0
Yeah of course....

Email received today
"Were changing the way we share revenue from inactive Elements subscribers

Hi there,

We are announcing an important change to the way that we share revenue from some Elements subscribers.

Until now, weve used 50% of the revenue from inactive Elements subscribers (subscribers who dont license any items in a given month) to fund different content creation programs and Author incentives. The most significant of these programs and incentives has been the Content Bonus.

Weve recently been taking a closer look at how we can update our strategic focus. As part of this, we have reviewed these programs and have made the difficult decision to discontinue the Content Bonus and the sharing of revenue from inactive subscribers in this way.

The Content Bonus was introduced to help support Authors in their decision to join Elements. It provided a boost to earnings and helped us grow our library by rewarding Authors who publish regularly.

Now, 6 years on, we have over 5,000 Authors on Elements and our publishing rate has grown strongly over time. With over 10 million items, Envato Elements has one of the largest libraries of any unlimited creative content subscription service in the world.

This success, driven by our talented Author community and the high quality content we feature on Elements, means we have more and more subscribers signing up every day.

More subscribers equal more earnings for Elements Authors. In fact, the earnings we pay to our Elements Author community has more than doubled in the last 2 years alone. 

We believe funds previously provided for the Content Bonus are better invested in continuing to attract, retain, and grow even more subscribers. These investments will help to secure a strong future for Elements and ultimately benefit Authors by increasing the overall amount and flow of future earnings.

We know that the Content Bonus represents a much anticipated component of many Authors incomes each month, so were providing as much notice as possible to allow you time to prepare for this change.

The last payment of the Content Bonus will be in September 2022 (covering the July earning month).

It is important to note that these changes do not impact our 50% subscriber share model. Our subscriber share model remains one of the most equitable and community-oriented in the industry.

If you have any questions about this decision, head over to our forums and join the discussion here.

Usual corporate bollox


« Reply #1 on: June 08, 2022, 07:03 »
+9
Started writing a lengthy reply to this nonsense, but really whats the point. Its just another cash grab because they can.

« Reply #2 on: June 08, 2022, 09:12 »
0
It was just a matter of time. Envanto was my last decent earner being in this program.  Once again then spin masters have struck.

« Reply #3 on: June 08, 2022, 13:53 »
+1
But at least they are letting people know well in advance.

Agencies will change over time, but if they communicate clearly it really helps.

Now those that want to, can make an extra effort getting files online.

And perhaps they will reconsider and come up with another bonus special.
« Last Edit: June 08, 2022, 13:56 by cobalt »

« Reply #4 on: June 09, 2022, 01:03 »
+2
But at least they are letting people know well in advance.

Agencies will change over time, but if they communicate clearly it really helps.

Now those that want to, can make an extra effort getting files online.

And perhaps they will reconsider and come up with another bonus special.

Seriously?  :o As to a new bonus that will never happen.

« Reply #5 on: June 09, 2022, 01:52 »
+8


Agencies will change over time, but if they communicate clearly it really helps.


But how does it "really help"?  :o

I am not an Envato contributor, so this doesn't affect me, but even I can see that all this is is an agency keeping more of the profit they make to themselves and there is nothing in this message that "helps" anyone other than Envato.
The message basically translates into:
"Hi, we have more than enough contributors now, so after years of sharing our profit from unused subscriptions with you, we decided to keep it to ourselves. Cheers!".

« Last Edit: June 09, 2022, 02:49 by Firn »

« Reply #6 on: June 09, 2022, 04:55 »
0
It helps to know that you have three months to prepare yourself. And you can use that time to aggressively fill your port and get more bonus money.

Shutterstock cut 70% income with 7 days notice, so I would say this is certainly an improvement.

All agencies keep changing and it is unlikely to be in our favor when they do, but I appreciate being told well in advance.

And maybe they will add a new bonus system. Not getting my hopes too high but it is always possible.
« Last Edit: June 09, 2022, 05:04 by cobalt »

« Reply #7 on: June 09, 2022, 05:51 »
0
How much content bonus could the average contributor expect? I'm not a contributor there, but does it really make a huge difference?

« Reply #8 on: June 09, 2022, 06:44 »
+1
It helps to know that you have three months to prepare yourself. And you can use that time to aggressively fill your port and get more bonus money.
Shutterstock cut 70% income with 7 days notice, so I would say this is certainly an improvement.

I don't understand your "aggressiively fill your port" strategy. If I am a contributor to an agency, there is little reason for me to withhold content. Everything that is processed and worth uploading is getting uploaded and I am pretty sure most handle it the same - The only reason why some people withhold content to agencies is to give the best quality content to the agencies that earn the most and only "dump" their lesser quality content at agencies that pay less.

Also, if an agency cuts my profits, my initial thought isn't "Give them more content! Fast!", no matter whether the agency gives me a notice of 3 months (It's 6 weeks, not 3 months by the way, as the announcement says the last payment will be covering the July earning month) or 7 dayys - Why should I put some extra special effort into an agency that just told me I'd be earning less with my content in the futurte? More money for 6 weeks, but less money for the rest of my life after that isn't math that works out for me to justify putting more effort than before into an agency. Maybe it works for you, but it seems like a strange logic to me.


« Reply #9 on: June 09, 2022, 08:08 »
+1
I was only a buyer in envato.
Last 2 years I've been purchasing more stuff from envato authors in their independent websites. 
New stuff is never upload in envato. I wonder why? ;D



angelawaye

  • Eat, Sleep, Keyword. Repeat

« Reply #10 on: June 09, 2022, 10:24 »
+1
Started writing a lengthy reply to this nonsense, but really whats the point. Its just another cash grab because they can.
I agree, with no bonus and Shutterstock buying P5, I feel defeated ...

« Reply #11 on: June 09, 2022, 12:04 »
0
Here is the discussion on Envato

https://forums.envato.com/t/important-changes-to-elements-content-bonus/418428/31

I supply Envato indirectly via 2020. And was just invited to the bonus program. It added maybe 10 dollars a month. Not life changing but it gets your attention to add a little more content regularly.

ETA: I am assuming my bonuspayments on twenty20 come from the bonusprogram of Envato, because it all started when they were taken over.

Apologies if the two are not the same.
« Last Edit: June 09, 2022, 13:52 by cobalt »

« Reply #12 on: June 09, 2022, 15:44 »
0
What do you guys think of Blackbox.global adding 2 million+ files to the collection? That's gonna hurt sales and hurt the whole market..

« Reply #13 on: June 10, 2022, 02:10 »
0
Where do you see 2 million?

I see 73 000 files.

https://videohive.net/user/blackboxguild

BB contributors have to optin to this distribution. Maybe in the end they all will, but so far they havent.

And now that pond5 has been bought by SS I would expect a huge wave of new people coming into videohive because creators are exploring new marketplaces.

Envato also bought twenty20 so they have greatly increased their content offering in photos.

If they are trying to attract new paying customers having more and more diversified content is a good thing.

ETA:

I am quite surprised that videohive shows download numbers of individual files to the public.

This was abolished on most platforms because it leads to endless duplicates created by copycats and true frustration for the really creative artists who come up with something new.

Hope they change that.
« Last Edit: June 10, 2022, 02:30 by cobalt »

« Reply #14 on: June 10, 2022, 07:41 »
+2
Being in the Envanto program, they have become my best earner.  Time will tell if the hit is only 10% as they claim.  Honestly, I hope it's only 10%, but highly doubt it. Usually means 2-3X of what they claim.
« Last Edit: June 10, 2022, 07:43 by Mantis »

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #15 on: June 10, 2022, 08:19 »
+2
They said 10 to 15%... the actual bonus has been an average of about 14% for the last three months, so while it's been closer to the 15% rather than the 10%, it has been within the range they stated. 


 

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