Agency Based Discussion > Envato

Revenue Share being Cut Already

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Mantis:
"Today we’re announcing a change to how we calculate net revenue45 (and thereby author earnings) for Elements. Starting January 1, 2018, we will deduct the cost of Tuts+ course creation from Elements gross revenue, before calculating the earnings split with authors.

How did we get here?

Creating a subscription service has a lot of moving parts. One of the most important parts is making sure that whatever is included creates the kind of value that keeps subscribers renewing month after month.

For most of this year Envato has been steadily adding new content into Elements. We’ve rolled in our Tuts+ courses subscription valued at $19/mo (including the complete catalogue from A Book Apart ($192 value)), added 250,000 amazing photos and given subscribers access to the invoicing app AND CO.

All of these have been added to Elements to further increase the value of the subscription and provide more reasons for subscribers to stick around longer (who wants to lose access to authors’ content and all these extras?!).

To date, the cost of Tuts+ course creation (including A Book Apart) has been taken on exclusively by Envato, even though the rewards are shared equally with authors. While this may seem like a great win for authors, it’s not sustainable long term for Envato or Elements.

So, from January 1, 2018, we will deduct the cost of creating Tuts+ course content from gross revenue in addition to what’s already deducted; transactional taxes (such as VAT, GST, sales tax), refunds, chargebacks, affiliate fees, and payment processing fees and then split the remaining amount (net revenue45) between authors and Envato using the subscriber share method16.

This will ensure that we’ll be able to sustain content like this in the future, continue to build the platform and grow the total number of subscribers coming back to Elements month after month.

What’s next?

As we move closer to January 1, 2018, we will update our Elements Author Terms, help centre articles and adjust our earnings calculator to prepare for this change. There is no action required from authors.

We know there will likely be questions around this change and we’ll be around to answer any questions you’ve got about it. We’ll answer in batches for the first week and then anything that hasn’t been answered on an as-needed basis for the next few weeks."

Chichikov:
Arrogant people like those do not deserve my interest, no more…

Mantis:

--- Quote from: Chichikov on October 19, 2017, 08:16 ---Arrogant people like those do not deserve my interest, no more…

--- End quote ---

There's lot of angry people on the Envanto forum.

rinderart:
WOW!!!!!!!!

pancaketom:
there is that word - "sustainability"...

I'd be really pissed if they didn't already delete all my stuff.

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