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Author Topic: Hyperstock  (Read 6757 times)

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« Reply #25 on: February 15, 2020, 06:43 »
+4
If you participate in membership/subscription, you are lowering price of stock videos.  Don't do it.


« Reply #26 on: February 15, 2020, 07:20 »
+2
If you participate in membership/subscription, you are lowering price of stock videos.  Don't do it.

I'm not in the membership thing on pond5, but whilst doing a quick search on hyperstock, I've found some of my clips.
In a nutshell can someone explain the difference between what pond5's membership is compared to hyperstock? I thought the membership was the same as a hyperstock model?

« Reply #27 on: February 15, 2020, 09:11 »
+8
Hyperstock is an unlimited subs program. A customer pays a modest fee, say 20 dollars a month and can then download whatever he or she likes without limit.

And pond5 has not yet explained how much contributors will earn per download.

I am not part of the membership program, but from what I have heard you get a money for every sale. The membership plan is not unlimited and supposedly will work out to be 2-8 dollars per file for the customer and I suppose artist get a normal subs commission. I have no idea how much that is.

Again, I am not a member and reporting what I heard.

But membership is a plan with a monthly  limit.

But if Hyperstock goes live again why should anyone buy your files from pond5 or Shutterstock when they can download thousands or files for a small monthly fee?

For years pond5 has raged against such sites and scolded all artists who dared to take part in such agencies.

Now they are doing it themselves and hijacking contributor content without asking them first.

And the reason they are not asking is because they know the individual contributor will not make any significant money, but for the agency owners it will be a goldmine.

Unlimited or cheap sub sites get significantly less uploads and have much smaller libraries than normal agencies. Because people are not stupid and see no reason to upload a 1000dollar production to a site where at best they can hope to earn a few cents per download.

But my main gripe is that they did not ask artists before taking the content.

Send an email to everyone, direct them to a page with information and a large Opt In button and all is fine.


Then the artist can make an informed choice.

But until now...they havent...and they force you to opt out TWICE before removing your content (or not selecting it).
« Last Edit: February 15, 2020, 16:30 by cobalt »

« Reply #28 on: February 15, 2020, 09:55 »
0
Hyperstock is an unlimited subs program. A customer pays a modest fee, say 20 dollars a month and can then download whatever he or she likes without limit.

And pond5 has not yet explained how much contributors will earn per download.

I am not part of the membership program, but from what I have heard you get a money for every sale. The membership plan is nit jnlimited and supposedly will work out to be 2-8 dollars per file for the customer and I suppose artist get a normal subs commission. I have no idea how much that is.

Again, I am not a member and reporting what I heard.

But membership is a plan with a monthly  limit.

But if Hyperstock goes live again why should anyone buy your files from pond5 or Shutterstock when they can download thousands or files for a small monthly fee?

For years pond5 has raged against such sites and scolded all artists who dared to take part in such agencies.

Now they are doing it themselves and hijacking contributor content without asking them first.

And the reason they are not asking is because they know the individual contributor will not make any significant money, but for the agency owners it will be a goldmine.

Unlimited or cheap sub sites get significantly less uploads and have much smaller libraries than normal agencies. Because people are not stupid and see no reason to upload a 1000dollar production to a site where at best they can hope to earn a few cents per download.

But my main gripe, is that they did not ask artists before taking the content.

Send an email to everyone, direct them to a page with information and a large Opt In button and all is fine.

Then the artist can make an informed choice.

But until now...they havent...and they force you to opt out TWICE before removing your content (or not selecting it).

Thanks Cobalt. Yes it is worrying to say the least. Do you know when Hyperstock will be live / or how long it has been?
It all seems very secretive!

It reminds me of Getty's Premium Membership. And that sucks!!!

georgep7

« Reply #29 on: February 15, 2020, 10:02 »
0
...
« Last Edit: February 15, 2020, 10:18 by georgep7 »

« Reply #30 on: February 15, 2020, 10:37 »
+2
Pond5's resonse again on Pond5 artist forum.


gregp5 2020-02-13 17:50
Hi guys,

I know many of you are already communicating directly with our Support Team, but I thought an extra message here would clarify the situation even further.

Hyperstock is not live, and we are not launching or marketing anything at the moment. You found it while we were still working on it in a test phase prior to the launch of any go-to-market efforts. Aside from the couple of artists who signed up last night, we have made no sales and no content has been downloaded.

Clearly many of you are upset though and Id like to address your concerns since it means a lot to us. While we tried to communicate our intentions with Hyperstock in the public Town Hall, several forum posts, and numerous individual conversations, it's obvious from the reactions here that we weren't as clear as we intended. Let me be perfectly clear: anybody who wants to opt out of this program can do so - just let us know. This was always our intention and we are sorry if we have upset anyone with our communication shortcomings. We will also try to improve communications and options in the future.

Hyperstock was conceived as Pond5s answer to the growing number of unlimited download subscription sites that have proliferated over the last year or so. Like it or not, there is now a large buyer base that is only interested in an unlimited content subscription product. No, it is not TV/film or big budget advertisers but a growing group of social/digital producers that produce content frequently but on very tight budgets. We know because we frequently survey our customer base, we follow the data internally/externally, and we hear it directly from customers who call us. As some of you have correctly pointed out, competing subscription sites do have much smaller libraries than Pond5 and Hyperstock will similarly be a very limited library (less than 5% of content). Subscription sites are growing in number and collection size, and as they grow, budget-conscious buyers are tempted to trade depth and breadth for cost savings. This is the reality of the market in 2020.

While we do want to enter this space, and secure that subscription revenue for our contributors, we also want to do it in a way that protects our core marketplace business. This is incredibly important to us, we have as much to lose as you do if we do not do it well, and we would not launch a product like this if we thought we couldnt do it. Again, I encourage you to re-watch the Hyperstock segment from our last Town Hall, or email Support for full details of the protections weve put in place.

Most of the comments here about Hyperstock have been negative - and thats fine. Everyone is entitled to have their say on this forum. Ill share with you, however, that many of you have reached out to us directly since our Town Hall to specifically request inclusion in Hyperstock and there is currently a deep waiting list of interested artists who realize that a subscription is a good way to monetize older, unsold content.

We know the 2nd half of 2019 was a difficult period and we are not yet out of the woods. We believe weve identified the reasons for the slowdown and were working hard to turn things around. While we do that, however, well continue to pursue new opportunities in this evolving market. But certainly your consent to participate in any specific programs, including Hyperstock, is in your hands. If youd like to get in touch and request to be included or excluded, please contact support and we will prioritize your request prior to launch.

As always, we are reachable. Ive got phone calls scheduled with a bunch of you for tomorrow to go over questions, so if youd like to get on that list, just shoot me an email.

Thanks

« Reply #31 on: February 15, 2020, 10:49 »
+8
According to comments in the pond5 thread it has been open in beta testing for a few weeks, but is now closed.

eta:

Again the new message is just as evasive.

They could easily inform all contributors with one single email and one Opt in Button.


They are choosing NOT TO INFORM EVERYONE AND SHOW NO REMORSE FOR USING CONTENT WITHOUT CONSENT.

It is not right to hijack content and let people find out via online chatter.


« Last Edit: February 15, 2020, 10:56 by cobalt »

« Reply #32 on: February 16, 2020, 10:11 »
+7
In my mind the content was stolen and they got caught.
Now we have the usual corporate double speak and lies.

Still no apology for using our content without permission.
Still no statement on how the royalty is broken down.

Licensing and Copyright are meaningless in this day and age. It's literally a free for all.

« Reply #33 on: February 16, 2020, 10:17 »
+5
there is currently a deep waiting list of interested artists

Lol.

So, whats the process for opting out?

« Reply #34 on: February 16, 2020, 10:27 »
+4
They have been advertising Hyperstock since October:
https://twitter.com/GetHyperstock/status/1182428245557428224
https://www.facebook.com/pg/hyperstock/posts/

Where are our Sales Reports?

ShadySue

  • There is a crack in everything
« Reply #35 on: February 16, 2020, 10:31 »
+1
there is currently a deep waiting list of interested artists
Is there a difference between a 'deep list' and a 'long list'?

georgep7

« Reply #36 on: February 16, 2020, 11:09 »
+2
Many thoughts for the moment. I dislike reading "give us a call" we do not all live in US or speak fluently English and this reflects and to our content.

The one thought that crossed my mind and can't be solved is that promotion of hyperstock with all those emoticons or whatever they called and the fake millenial or whatever gen style language. What on earth is the target client group? Teenagers?

Noedelhap

  • www.colincramm.com

« Reply #37 on: February 16, 2020, 12:03 »
+14
Quote
Hyperstock was conceived as Pond5s answer to the growing number of unlimited download subscription sites that have proliferated over the last year or so. Like it or not, there is now a large buyer base that is only interested in an unlimited content subscription product. No, it is not TV/film or big budget advertisers but a growing group of social/digital producers that produce content frequently but on very tight budgets.

This is so stupid.
It's like saying: "well, people who work a minimum wage job can't afford to buy a Mercedes, so let's give them a Mercedes against a lower price point. Other car salesman are doing the same..."
What car company would ever think like that? It would grossly devalue their product. Sometimes you just have to accept you can't have it all if you're on a tight budget. Why does Pond5 have the desperate need to cater to lower budgets?

My two cents: if you're a content creator, and you can't afford a certain price for footage or photos, then maybe you're just fresh out of luck. Start saving up money, do something else and come back when you have budget. I don't want to sacrifice my livelihood and sell my content for pennies just so you can live your dream life of being a Youtuber. I'm not doing this for charity.

« Reply #38 on: February 16, 2020, 12:41 »
0
.
« Last Edit: February 27, 2020, 02:01 by marthamarks »

« Reply #39 on: February 16, 2020, 13:48 »
+5
there is currently a deep waiting list of interested artists

Lol.

So, whats the process for opting out?

You have to opt out TWICE.

First write to support that you want to opt out.

They reply praising the new opportunity..bla...bla...waiting list...then ask you to confirm AGAIN that you want to opt out.

They are refusing to send an email to all contributors. People have to rely on their networks and social media groups.


« Reply #40 on: February 16, 2020, 16:50 »
+2
there is currently a deep waiting list of interested artists
Is there a difference between a 'deep list' and a 'long list'?

How deep is a piece of string? :D
« Last Edit: February 18, 2020, 07:35 by Microstock Posts »

« Reply #41 on: February 17, 2020, 09:39 »
+2
Quote
Hyperstock was conceived as Pond5s answer to the growing number of unlimited download subscription sites that have proliferated over the last year or so. Like it or not, there is now a large buyer base that is only interested in an unlimited content subscription product. No, it is not TV/film or big budget advertisers but a growing group of social/digital producers that produce content frequently but on very tight budgets.

This is so stupid.
It's like saying: "well, people who work a minimum wage job can't afford to buy a Mercedes, so let's give them a Mercedes against a lower price point. Other car salesman are doing the same..."
What car company would ever think like that? It would grossly devalue their product. Sometimes you just have to accept you can't have it all if you're on a tight budget. Why does Pond5 have the desperate need to cater to lower budgets?

My two cents: if you're a content creator, and you can't afford a certain price for footage or photos, then maybe you're just fresh out of luck. Start saving up money, do something else and come back when you have budget. I don't want to sacrifice my livelihood and sell my content for pennies just so you can live your dream life of being a Youtuber. I'm not doing this for charity.

It's called greed.

« Reply #42 on: February 17, 2020, 13:44 »
+14
Pond5 is perfectly free to build an unlimited subscription website.

I just dont want my content there.

To hijack my files for this project without explicit consent, that is the problem.

They are doing it because they know none of the quality contributors will give them files for an unlimited subs site.

These sites make fantastic money for the owners, but less than pennies for the contributors.

And of course they also havent announced how much every download will earn....
« Last Edit: February 17, 2020, 15:54 by cobalt »

« Reply #43 on: February 19, 2020, 05:43 »
+1
And of course they also havent announced how much every download will earn....

Since you cannot know how many downloads there will be, or how many subscribers there will be, in any given month, quite naturally, you cannot say how much one download will earn.

An educated GUESS is that it will be from $0.01-0.50, likely closer to $0.01 than $0.50. It could also be less than $0.01.

If you need $ per download numbers to be high, an unlimited subscription site is not for you.
« Last Edit: February 19, 2020, 05:47 by increasingdifficulty »

« Reply #44 on: February 19, 2020, 10:20 »
+3
Have they given out a guidance how much downloads earn?

 Any kind of estimates on a page so artists can make an informed decision?

Make Hyperstock an Opt In and all the negativity disappears.

Hijacking content without consent and stubbornly refusing  to inform their community directly looks like they have to hide something.

If they really believed in Hyperstock they would not force artists to confirm twice to have their content removed.

So why not send that email?

Why dont they believe that artists will opt in?

Why do they have to hijack content without explicit consent?

ETA:

I just found a lot of my photos on Hyperstock. Many of them sell every week or when they are in season are reliable sellers. Some of them are on page 1 for keyword searches on Shutterstock.

It is unbeliavble that pond5 is trying to kill my reliable income on good agencies with their unlimited subs experiment.

I wrote to them again to make it clear that of course I want my photos also removed, just like the videos.

I get 38 cents - 2 dollars on average for every sale, plus the occasional special license.

Hyperstock is an attack on my well selling files.

Not funny, this is really serious.
« Last Edit: February 19, 2020, 11:05 by cobalt »

« Reply #45 on: February 19, 2020, 10:40 »
+6
there is currently a deep waiting list of interested artists
Is there a difference between a 'deep list' and a 'long list'?

A deep list is for people who are digging their own grave.

« Reply #46 on: February 26, 2020, 04:55 »
+4
I got a very kind email from pond5 support that my account has now been opted out of Hyperstock.

Ill check in a few days if my pics are gone and will post back here.

georgep7

« Reply #47 on: February 26, 2020, 05:13 »
0
I got a very kind email from pond5 support that my account has now been opted out of Hyperstock.

Ill check in a few days if my pics are gone and will post back here.


cobalt, can you please define, you got a reply from support or content team?

« Reply #48 on: February 26, 2020, 16:35 »
+1
I got emails from

Acquisition Associate

and

Administrative & Customer Care

so I guess this is both support and content team.

But I just wrote to contributor support.


« Reply #49 on: February 27, 2020, 01:51 »
+3
there is currently a deep waiting list of interested artists

Lol.

So, whats the process for opting out?

You have to opt out TWICE.

First write to support that you want to opt out.

They reply praising the new opportunity..bla...bla...waiting list...then ask you to confirm AGAIN that you want to opt out.

They are refusing to send an email to all contributors. People have to rely on their networks and social media groups.

Yes, that is exactly what happened with me today.

I sent this brief email to [email protected] :

I do not wish to be included in your new Hyperstock. Please let me know if I need to do anything more to make that happen.

A few hours later, this came back:

Good evening Martha,

Thank you for reaching out to us about HyperStock. I will be happy to help honor your request upon your confirmation. First, please allow me to provide you with some details.

Currently, HyperStock is not live. Our teams are in the middle of testing it. It has not yet launched, and we have not marketed to any buyers at the moment.

This new platform will be a subscription website. It will be powered by Pond5, that is targeted at freelancers, small business owners, and other price-sensitive media buyers. You can see more details about why we decided to build this platform in our Town Hall in October 2019 (around the 16:00 mark):

https://www.youtube.com/watch?v=CuULwC1m8Jk&feature=youtu.be

Our goal with this is to help generate another source of revenue potential for our artist community. Rest assured, HyperStock is not a replacement of the Pond5 marketplace (our core business), and is only meant to attract budget-conscious buyers as a more attractive package. It is not meant for our core Marketplace buyers of TV and film production.

As for the offered content, HyperStock items were hand-selected from Pond5 mostly out of the Membership Collection (our other subscription product). So just like the existing Membership program, our Artists will receive a proportional revenue share in a bundle earnings every month, through your chosen payout method.

I hope I have provided you with some clarity. If you still want your content removed, please provide your account username and confirm once more. But please keep in mind that placement in the HyperStock collection is limited, so spots may fill up.

Or if you would like to try only some files that have not generated any sales over the years to be in HyperStock, let me know.

I look forward to hearing back from you.



So now, per instructions, I will send them my account username and "confirm once more."

Hope it works.



 

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