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Messages - Uncle Pete
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151
« on: January 09, 2025, 14:07 »
Don't know, it's not in English.  I understand only 18% of the world speaks English, but it's the most popular used language in the world.
152
« on: January 09, 2025, 13:59 »
I always thought we were being lied to, by SS mostly, when they talked about the potential market and gains, from all the buyers that they hadn't made into customers. The 1.4 million in the world, is probably a stagnant or declining number. AI, free, pick something, it doesn't matter. The fact is, the numbers are declining. Old data, but I don't see anything that would change the number, as people who worked Microstock, have left, and new people, with the get rich with AI and stealing, might have increased. 2018 Shutterstock, contributors with over 1,000 images. 17,877 Yet we heard and read about the millions of contributors. People signed up, people left. 35,000 is a nice number, for the top, and that doesn't mean active accounts, just accounts that are still open on SS, Adobe or iStock. How many people are exclusive on IS? The rest of the images are likely to be the same as what SS has. The exception is, SS people who left when the new plan was introduced and SS contributors who don't bother with iStock because it's too difficult to add new work. The difference might just come down to, how many exclusives does IS have, and the rest are mostly the same images. To end some of the rumors and speculation, here's the deal and the offer: As per the deal, Shutterstock shareholders can elect to receive either $28.84870 per share in cash, or 13.67237 shares of Getty Images, or a mix of 9.17 shares of Getty Images plus $9.50 in cash for each Shutterstock share they own.
Based on the common shares outstanding as of the signing date, the total consideration payable by Getty Images would consist of $331 million in cash and 319.4 million shares of Getty Images.
At the close of the deal, the combined company will be 54.7 percent owned by Getty Images stockholders and 45.3 percent owned by Shutterstock stockholders. Anyone buying SSTK at $30 is going to get $28.85 back per share, which doesn't make sense on the surface. However, if they take the 13.67 shares of GETY and it goes up, they could be earning much more. I'll show the numbers, as of today, and at the low end. Every share of SSTK at $30, if converted to 13.67 shares of GETY, at the low value of $2.50 would be worth $34.18 instead of $30. (I won't be calculating the split with the shares and money) If someone buys SSTK at $30 a share they made $6 a share more than the cash buyout offer. Round numbers, thank you. Members of the SSTK BOD will be on the board of GETY. This is a merger, not a take over or buyout. Now about our future. What will the future bring? Who the heck knows. Things could improve or go down the sewer and get worse than ever. They could end up the same. I'm not counting on anything happening that will make us all more money, and if I had to bet, I'd say, we'll all make less. But how or what or what's going to happen, is just wild guessing, until the merger is approved and completed and the board gets together and figures out, what will make the new corporation the most money. You can bet it's not going to be, by giving us a raise. On the more positive side, if we sell more, because of this, then we'll make more. Back to the first line of this post. If the market is limited and the shares of that market are divided by SSTK, GETY and ADBE, (or PA News) then they are just moving the same buyers from one place to another, and not creating new business. Investors want growth and diversification. This merger is consolidation. Oh one more thing.  None of the big three needs to buy any of the dregs and bottom feeders. They will go out of business and are insignificant as competition, if they stay open for business, through the next few years. Pepsi. Coke, and Unilever are dominant. Coke is the smallest of those three in total sales size, because Unilever is more diversified. Market Share and dollars, those three are roughly 90% of all beverage sales in the world. Sure they want more, but back to Stock Photos. Getty/Shutterstock and Adobe are going to control the majority of all stock photo sales in the world, after this deal.
154
« on: January 07, 2025, 12:56 »
Istock has nowhere written that you can't improve the quality of images and videos with Topaz Ai tools, upscaling or smoother slow motion, etc. And I guess the same is true for other agencies if they want better quality images. These Ai tools also help a lot for animation graphic designers because they have less work to do with renders, etc.
Stock agencies are more interested in whether there are image elements from MidJourney etc. in the images they submit. Such Ai generators are of no interest to me for commercial use.
Sure makes sense, doesn't that? However, ... if you paste an AI-generated image (Image A) over an unedited image (Image B) in Photoshop, flatten it, and save the result, Image Bs EXIF metadata will not retain or include any metadata from Image A. I think it will have NO data from image A, except the pixels copied. Basta. All the info, in the EXIF or out of it, will be the one Image B had from the beginning, except "edited in Photoshop" will be added almost for sure.
It's NOT in the EXIF or usual metadata. From what I've found the code is embedded in the image itself. "When an image is created or edited using C2PA-compatible software, a set of cryptographically signed metadata is embedded directly into the image file. Content: This metadata includes information such as the creation time, the software used, and any edits made to the image." Copy and paste into a different or new image, does not erase this tracking.
155
« on: January 07, 2025, 12:41 »
Potential to loose 30% of my earnings if they merge to one website, basically my earnings are 30% SS, 30% iStock and 30% Abode, 10% Dreamtime, Pond5 etc.based on image sales only
So the 30% of people, that bought from IS will suddenly not need your images anymore? I always thought that downloads were from buyers, not from agencies? iStock is paying 15% flat commissions to photo contributors. SS currently is paying 15% to 40%. My gut feeling says there's a huge screaming "cost optimization" opportunity for managers after this merger. 
Yes, that sounds logical. Yeah, more than exciting news... minimum per sale 10 cents on SSTK + minimum per sale 1 cent on Getty => new historic low... long live microstock!
While I'm trying to wait and see and be positive, instead of just Gloomy Gus, you're right. If we loose that minimum on SS and lose the reset, we could be getting more of those wonderful Connect sales for fractions of a cent. However, being locked at 15% makes me feel better than the phony levels on SS that after rising through the year, I still got 10 for most downloads. Because they wanted to "reward us" for our level of effort. The truth was, SS was discounting so heavily that the only reason we got the 10 was because it was their minimum, not our true percentage. 15% of that lowball discount price number, is going to be less. It's going to be interesting and changing, for many months, while we wait for the dust to settle on the New And Improved Getty/iStock/Shutterstock, and whatever else happens. Here's the Game Changer that people asked for. Watch out what you ask for, you might get it. Microstock will never be the same, and never be what it was. I'm in wait and see mode. So I'm watchin' and I'm waitin' Hopin' for the best No way to delay That trouble comin' every dayRemember the landfill fires, that you could only observe, as they burn, and there's nothing anyone can do to put them out. The Merger of Getty and Shutterstock is a flaming Dumpster fire at the least, and could be a landfill full of old tires.  All the talk and wringing of hands, isn't going to change what happens to us. We might as well buckle up and hang on for the ride. Then see what's left after the smoke clears.
156
« on: January 06, 2025, 12:52 »
Firefly if you open an image in a text editor. This is not in the EXIF section.  C2PA https://c2pa.org/"The Coalition for Content Provenance and Authenticity (C2PA) addresses the prevalence of misleading information online through the development of technical standards for certifying the source and history (or provenance) of media content. C2PA is a Joint Development Foundation project, formed through an alliance between Adobe, Arm, Intel, Microsoft and Truepic."
157
« on: January 06, 2025, 12:17 »
Here's something about Microstock. Pretty much all the same images, from all the same artists and sources are available on all the major agency sites.
Exactly right. This is one of several reasons why this merger doesn't make sense. But if happens, there are some interesting implications for contributor ports. Simple merge would not work because of duplicates. What takes precedence? Then, what would be front end facing contributors? Shutterstock is better by wide margin; but if Getty drives the merger they'd probably want to keep their model - once a month reporting ? Managed Vocabulary ? Etc.
I am quite certain merger will not happen. But it provides entertainment on Forums like this one.
Corporate merger doesn't mean a website merger.
Yes, SS left Bigstock alone, and left Pond5 so far, except for cutting our percentages. Getty messed up IS, and renumbered all the assets to Getty format, when they created ESP. But the site is still iStock looking. PA media took over Alamy, if we didn't know, it looks like the same. I'd agree with the "why would SS want to do this?" but I can see how a corporate merger could make both of them stronger, together, than each is, alone. SS is losing market share and customers, Getty is gaining buyer accounts, but not making more money. "Simple merge would not work because of duplicates." yes, that sure would be a mess. And what of iStock Exclusives? Fun to watch, I wouldn't want to try to guess why Getty is proposing this or why they think SS would accept. And then what?
158
« on: January 05, 2025, 19:52 »
For normal photos I process with an old ps elements version that doesn't have modern ai tools.
I hope that version stays available for a long time.
But next generation cameras will be using ai integrated into their software.
What happens then?
The latest version of Elements 2025, and the 2024 version is not available any longer, has a license that expires. "The license is for a full 3-year term, with no monthly or annual recurring subscription fees required. The license is non-renewing it expires 3 years after redemption, at which time the Editor will no longer be accessible, but the Organiser will continue to be accessible indefinitely." Yes, I use Elements too. I have Photoshop, Illustrator and Lightroom CC, but I still prefer Elements. Maybe strip the meta or exif data before submitting. Removing the corresponding metadata (Exif tag Software used) could work. Here is a screenshot of our own Zoom software where you can see that Topaz leaves an entry that is possibly recognised by IStock and is considered AI-generated.
Right on the Zoom software. Some of the AI software, and I don't know to what extent now, I haven't look recently, embeds text code in the images data, that is NOT in the EXIF or other metadata. Wiping the EXIF does not remove that. It's not that easy.
159
« on: January 05, 2025, 19:40 »
FAA does the work, I get the money.
The pocket change, dear Uncle Pete.
Good luck, in a positive way, with your self hosted projects. I wish you continued success.
160
« on: January 05, 2025, 19:36 »
Should this proceed, it would appear the microstock industry battle lines are being drawn up into two with one being the conglomerate of iStock / Shutterstock and all its marketplaces and the other Adobe Stock.
I'm not a trader so have little understanding of it but wondering why Shutterstock would want to do this merger with iStock when they would be merging with a company that has a lot lower share price (currently GETY at $2.39 and SSTK at $31.47)?
For starters Getty has over 78 million share and SSTK as 35 million shares thus double the amount of SS.
Yes, and I wrote "Getty has 3 times the corporate value of SS, roughly. 3 Billion vs 1 Billion. Getty has double the stock value of SSTK. " That's why. I don't really want to see the merger and I don't know if SSTK actually wants to merge, but it's the natural progression of a boom market. Many companies enter, they take profits, then there's a sorting out as the small ones get bought up or go out of business. There usually end up being 2 or 3 major providers that end up on top and some smaller ones that have specialized markets that survive in their own area. I think of the computer games business when home computers and PCs first became popular. Companies founded on one product or a line of similar games. The single game companies, got bought out and merged into the big ones, or the smaller companies, disappeared. Look at who's left, and makes games and entertainment for Xbox and the rest of the consoles. Here's something about Microstock. Pretty much all the same images, from all the same artists and sources are available on all the major agency sites. There's no reason, except price, for buyers to go to more than one place. If the agency they use, has the types of images that they use, that's the one they will buy from. The second reason might be choice, and who has the most images. Small agencies, have neither, in most instances. The small agencies can't survive against the big agency competition, that exists on volume with a smaller profit margin. I still don't understand how so many small agencies are still in business. My only explanation is, they are paying artists so little, that there's still enough money to run the agency. Once there's not enough profit and the expenses exceed the income, they will disappear in a blink.
161
« on: January 05, 2025, 19:18 »
Niche is what you like best, know best and as result have specialized in. Research identifies what is in demand, which can be totally different from your "niche".
Yes, that's true and what I do. Also when I find subjects that I make and enjoy, I make more. You're right. Sometimes I also find other areas that need more product and try to fill that niche.
162
« on: January 04, 2025, 13:45 »
Seeking Alpha incorrectly says that Getty went public in 2008 - they were bought by Hellman & Friedman in 2008 and taken private.
Getty was brought back on the market through a SPAC, IPO in July 2022. Investors bought in at $10 a share.  "Deliberations are ongoing and Getty could choose not to pursue a deal, the report added." I don't trust much of this as anything but unconfirmed rumors. Maybe a pump and dump.
163
« on: January 04, 2025, 13:23 »
I admire your tenacity with the stock site and POD in spite of taxes, governments and the rest of the blocks to simple, free enterprise.
Take orders, mark up to your liking, use Vistaprint, and have Vistaprint drop ship?
POD sites, if someone wants something, I upload, set prices and make some profit, based on the price I have set myself. I can leave it open for that image pricing or make a one of a kind product for the buyer. I actually like it better, leaving it up to them to make all the choices for size, materials and framing. FAA does the work, I get the money.
164
« on: January 04, 2025, 13:12 »
165
« on: January 04, 2025, 13:09 »
Just to make this clear for our speculation. Getty has 3 times the corporate value of SS, roughly. 3 Billion vs 1 Billion. Getty has double the stock value of SSTK. But Getty has been paying back a large chunk of their profits (which makes them at a loss each year) for old debt. Getty doubled their customer base last year, but is still making less money, because these are the subscription buyers, not the high value, single image customers.
As far as all sources have reported this, Getty is the one proposing the merger. GETY stock jumped up and so did SSTK, based on the proposal of the merger.
I know that first I thought of "merger" I imagined one big agency. But the more I think about it, this could be a corporate merger, which leaves each as a division of the same corporation, operating on their own. No change for us.
I ask myself, do I want 15%, no change, no options, or do I want the essentially meaningless, annual reset and dime downloads. Yippee, I was up to 25 or 30% at SS and still getting 10-12 per download. 15% of a higher number has generally been, more than the measly SS dimes.
If you have Editorial, remember when iStock cut the Editorial News images because it was competition for Getty? They disabled 3,657 of mine, which was most of my IS income. Will Getty ask SS to do that as well?
Every article includes that the market for stock images has been severely devalued by AI, which is cheaper and easier to access.
166
« on: January 03, 2025, 13:01 »
I didnt really upgrade for that reason, it was time to upgrade my (mainly still photography) kit and at this point everything does 4k anyway. All the drones, phones, mirrorless and action cams.
So effectively the "upgrade" was free.
I wouldnt say its worth upgrading to 4k specifically to make 4k videos though. That wouldnt be good value. The vast majority of sales are still HD (Blackbox mentions similar in its FAQs).
Just from comments like yours and so many others here, it seems that HD is alive and well, which supports your opinion that, upgrading just for the sake of making 4k is not necessary. On my side of that, even if I have 4k available, I'm working back into the old backups, that I never edited or uploaded, because I skipped video, and now the older scenes and ideas, aren't DOA. I've been saving some new as FullHD instead of bothering to make them 4k.
167
« on: January 03, 2025, 12:56 »
My guess is that a lot costumers won't renew their AS subscription for 2025 because of AI pollution. If you do a search for classic stock photos at latest uploads. AS ist far behind istock or Shutterstock. At AdobeStock someone mostly find AI images at latest upload search. So lot of the latest trendy (non AI) images are not available at AdobeStock. I guess subscription and EL sales will increase at istock and Shutterstock this year.
Also it seems that AS has changed the review policy and is rejecting more real photo images than they did in the past. At least that's true for mine, and since I don't do AI, less of my new images are getting accepted. (or maybe I just forgot how to make a good and acceptable image after 59 years of photo work?  )
168
« on: January 03, 2025, 12:46 »
I don't agree. I personally know a few folks with small portfolio's that generate this income. Most of their images are of very high commercial value and are best sellers on all the major MS companies (i.e., Adobe, SS and iStock). Is there a pattern or type of image that sells best? Seems to be in the high volume areas like Christmas or nature (Flowers) or Homes. I knew one person (they are a realtor) that shoot nothing but very high quality interiors and make a lot of $$$$. Many folks, including myself, do not shot interiors very well compared to the high end pro's. I know one person that does Christmas only and they sell a lot! Yeah, having more volume will get you more sales but not in a predictable ratio. I know one person that shots everything (average looking images) and they have like 50,000 images but generate less than $3,000 a month.
Not to degrade the survey but under 250 people, is a small sample, from the tens of thousands of people who do or try to make money from Microstock. Since the participation was by choice, just like here, some people may not be motivated to participate. "People, who survive and learn - grow more organically later (as shown in the more even bottom rows). People, who give up and abandon it, make it only to statistics, such as this chart has to offer."True but another way to view that is, people who succeed stay and those who don't, move on to something else. I don't want to label that as Giving Up or Abandoning, when it's plain and simple business sense. Work for money or work for nothing? People who survive are doing so because they are good enough and smart and work hard. Success breeds success. Once against we come to the debate, more images, more images, more money, or better images, find open needs and make more money. Of course I am biased, because I believe that Niche is the same as Research before creating. Easiest way to put that is, don't make the most images don't just copy and make the most popular historically. Niche is the same as Find a needed subject, style, area, opportunity to create. Last of all, unnecessary to conclude or have a survey tell me this. Hard work pays off. Of course the people who work hardest, the most hours, and make the most, will continue to work hard and make the most. Also the people who work the smartest will make more. And in a similar way, people who have access to a niche or a special area of interest, or find their success in a specific area, will continue to make more. More images, does not equal more money, unless the images are suitable and in demand. More images is just a number. More sales are more money. Unless someone does this for entertainment or bragging rights, the bottom line is, making money, not RPD, views, likes, rank or anything else. "How big is your Microstock portfolio", died ages ago.
169
« on: January 02, 2025, 14:14 »
RPD and total DL aren't really useful for comparing agencies
my RPD for AS is twice that of SS yet SS income is consistently about 20% greater than AS (which is what matters in the end)
meanwhile SS DL are 1.5 to twice as many AS, but not reflected in $
so both RPD & DL are misleading as indicators of success, which also makes the AS weekly ranking merely bragging rights
Yes, the AS weekly and lifetime are variable and unreliable, not just because they might be DLs only, but comparing, people have different numbers for the same DLs and lower numbers for more DLs. It's terribly flawed. But nice for bragging rights, which never paid for anything. RPD, it would be good if someone is comparing similar systems. The problem is just what you say. My RPD on Alamy, to go for one extreme, was $48.83 last year. Being fair, two DLs were around $140 each. If I only use what I consider microstock sites: in order of earnings for the year = AS 00.88 SS 00.65 WS 00.44 iS 00.47 DT 00.38 In my case, AS is better in all respects. No one can decide based on someone else's images and content. I only have video on Pond5, I don't have Editorial on Adobe. Some of my best images on Adobe are not acceptable on SS. DT takes everything, the same images that are on SS and AS. It just happens that sorted by DLs, AS is double SS, SS is double WS, IS is double DT. WS earned half of what SS paid, but the RPD is close to 2/3rds. The only stat that matters is $$$ per year.   OK a nice bunch of numbers, but AS earns me 3X more in DOLLARS than SS makes me and that's what we spend, not RPD or DLs. RPD doesn't show that. And counting DLs doesn't work either.
170
« on: January 01, 2025, 14:18 »
(SS and P5)
At some point they will have to get back into it, or their share price will keep dropping and somebody else might buy them. Or shortsellers destroy them.
Would you go out in the ocean, to buy a sinking ship? SS has other businesses, has profits from shares, that made Jon a millionaire. They reduced our pay to below the minimum, and that's why we get the 10, not less. SS is not going to make a change or come-back. They own Pond5 and we all saw the new reduced pay rates there. That's how SS makes more money. By paying us less. And people still upload millions of new images a year. Just remember nothing at a lower level still equals nothing lol!
100% of nothing is still nothing.  I'll take my 15% of something. I'm still going to try to stay positive, find more for subjects that have less coverage, have fun, and keep working at other things, because the best I can say for myself is, this is Microstock is only a hobby.  There's also the real side and Pond5 cut commissions, plus SS "Man meets Reset"
171
« on: December 31, 2024, 12:21 »
AI didn't kill ClipartOf...
"all you can download for $10 sites" did.
Who would pay $30 for a single vector when they can get unlimited vector downloads for 1/3 of the price?
That too. The free and the all you can take sites, are hurting all around. But, I'm not a fan of AI, the point is, anyone can go to one of the AI sites and type in some words and have an illustrations of what they need. Many places, accounts were free like Dall-E, until last year, and there are still ways to make free illustrations. It's just sad to see a quality site, going out of business because the market and the industry has sunk so far. Microstock became Pennystock, has become Nanostock.
172
« on: December 31, 2024, 12:02 »
2025 Goals
1. Staying POSITIVE 2. Find a Niche 3. Concentrate on images that have a high commercial value 4. Be nice to others
Sure thing and 5) time for a reset. Oh, nevermind, I meant, personal reset. 
173
« on: December 29, 2024, 11:28 »
Spotted some AI payments on my latest sales report by iStock (November).
Check yours under "AISERVICES".
Although it's not much, even by Getty standard, at least they've started paying out.
Yes, we had a discussion about that when the sales were reported for NOV. One is USA and the other is Other. It's listed under Connect Sales for some reason. Just to keep you informed - the support answered my ticket with serveral specific questions:
"Hello Michael, For more information regarding our generative AI services we have created a new FAQ section to address the questions you might have. Please visit the link below: https://contributors.gettyimages.com/article/10953 Best Regards."
And my ticket was closed wihout any answer to my questions...
I got just over 15% on USA and just under 15% on the other.
174
« on: December 28, 2024, 11:57 »
I want to leave DT due to very few sales but I've only just over $26 in my balance. I've Uploaded videos which pay more but no sales. And the rate of sales hasn't increased at all even though I steadily increased my port to about 1500 photos & videos
Sorry, but your lifetime download per image is 0.03, mine is more than 6 for lifetime. I never expected a fortune for snapshots, and I think I was right to be very selective, and hard working for the highest level I could produce.
DT was and is a very good company I like to contribute to.
Nice numbers, is that 6.03 an average, not a "per image"? So if you have bubbles vectors, with 725, 161, 40 downloads, and many others at level 5, then something else with zero, with 2,173 images, the average download per image is 6.03? You have some real winners in there!  I'm first to admit, mine is 0.09 / 1,549 and no hero winner vectors. But not everyone has a special standout group of vectors that are repeating sellers at level 5. My best image is an illustration, marked photo  level 4 with only 15 DLS. Most of my sales are 35 cents. It takes a long time at 35 to make it to $100. I think for many more people DT was good at one time and has fallen to small returns now. Depending on when someone started, the rank and results could be very different.
175
« on: December 27, 2024, 12:55 »
I wish good luck to Jamie.
But this was expected. They had a very strict contributor approval policy and later completely stopped taking contributors.
AI killed it?
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