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Messages - Jo Ann Snover
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453
« on: June 01, 2023, 07:45 »
You posted the same link twice, so I can only comment on one  As I mentioned for the earlier image, it's likely the quality rejection had more to do with "we don't want this subject matter", but I could also find some technical flaws they might be referring to. The image looks really over-sharpened - crunchy - and for an apparently overcast day, has much more contrast that I'd expect. If you were concerned about softness, I'd back off on the processing and downsize to try and improve sharpness. If it was a cloudy day with relatively flat light, let it be that rather than trying to amp it up too much.
454
« on: June 01, 2023, 07:36 »
...and they have for some reason left 0.01 cent in there 🤔 wierd. ....
I think this is a result of royalty amounts including fractions of a cent. As an example, if your balance shows as $52.31 you may actually have a balance of $52.3144. You request payment, and as they can't pay you the fractions of a cent, you receive $52.31 and the remaining balance is shown as $0.01. If there's any fraction of a cent left, your balance shows as one cent (I know rounding rules would operate differently). I've seen that in the past too. If you want to know the real story you could write to contributor support
455
« on: May 31, 2023, 13:10 »
I just added one new Dropbox link to see if it works https://www.dropbox.com/s/30pipmd5luxldef/DSC04742.jpg?dl=0
I can see this - thanks for sorting out the problem. I suspect that the "Quality Issues" translates to "we don't want this subject matter" rather than technical flaws, but I thought I'd point out something in the details of the shot I noticed that don't look great. It may be that this is just how the camera is - it looks like it's a Sony NEX-5N from the metadata - but could be how you're processing it. This was pixel peeping, and probably doesn't mean much for most real-world uses of this image, but I saw some "wormy" looking artifacts in some of the tree trunks and leaves that reminded me of what my Fuji RAW files look like when Lightroom processes them (I use Capture One to avoid that). To make it easier to see what I'm referring to, I've put an example together. Click on the thumbnail to view the example at full size.  Sometimes these "wormy" artifacts are made more noticeable by sharpening in Lightroom/ACR. You can turn off sharpening in RAW processing and use Photoshop's high pass sharpening instead which is much cleaner. If you're shooting JPEG, perhaps turn off/down the sharpening in camera? FWIW, I wish Adobe had a different rejection for images they don't want because of subject matter - when they say "quality" it suggests if you'd just done it "better" it would be accepted. Then save the quality rejection for technical flaws. Hope this is helpful.
457
« on: May 29, 2023, 10:26 »
This is slightly off topic, but I wanted to comment on your introduction as I think it's missing one very important element:
"When Stock Performer started in 2010, there were a lot of complaints that the stock industry was dying. The rush of the agencies to implement subscription models, triggered mostly by Shutterstocks success, led to a lot of uncertainty about photographers income. After all, customers were able to buy images for mere cents now. Talks of impending doom was nothing new, however. When microstock, cheap equipment, and the internet entered the scene a few years earlier, everyone earning a few hundred dollars per sale before certainly thought it was going to be the end of their career."
You then continue to talk about the introduction of AI as another round of similar worries about whether there was a future in supplying content to stock agencies.
I think there was a fundamental difference between the introduction of microstock - primarily iStock and Shutterstock, but to a smaller degree Fotolia (they pioneered offering sites in languages other than English and sales in local currencies) - and any of the subsequent agency shenanigans in the market for stock licensing.
Microstock - web sites licensing royalty free with immediate downloads at lower prices - brought many new buyers into the marketplace for image licensing. It wasn't just lowering the price for existing buyers, but all sorts of businesses who would never have been able to afford to use images could now include photos and illustrations. Don't forget that initially, just about everyone involved in the traditional stock business viewed microstock as cheap rubbish and not really competition for them, but there was a lot of bog standard content (apple slices, shots of well-known cities...) which anyone could now deliver. Microstock did change things for traditional stock agencies - rights managed licenses are complex for customers to deal with and small businesses didn't have $500 per image to spare when setting up a web site. Now buyers had options.
Gen AI content isn't, as far as I'm aware, bringing new buyers into the market, just offering new content to the people who've been licensing stock for the last couple of decades. Stock licensing can be very trend-driven, so one possibility is this trend has its moment and then we get something else in a year or 18 months. I read recently that film photography is now a trend for weddings, so possibly traditional, human-created photos and vectors will be a new trend to follow on from AI?
Shutterstock's pairing of "margin optimization" with building the biggest collection (largely abandoning quality metrics IMO) seems short sighted and mostly shareholder (not customer) focused. The problem of reducing per-item price and betting that you'll make it up in increased volume, is that at some point there are no more new buyers and no more increases in the need for images and you can't make the volume go up enough. They've also squeezed contributors pretty hard so there's not much left there.
When agencies are focused almost exclusively on swiping customers from the competition, that doesn't help contributors. It might if the agency winning at the customer grab paid contributors more than those losing customers, but that's not the typical case in the last 5 years.
I've been pleased to see a big increase in my sales at Adobe Stock and I'm guessing (I have no data to back this up) that they're doing a good job of enticing Canva customers to their various Creative Pro offerings. But looking at the big picture, if we don't have new customers and we have gobs of new GenAI content available for licensing, that will put downward pressure on contributor royalties.
I worry about agencies paying lip service to the rights of copyright-holding creators in their dealings with AI (but that's been bothering musicians, artists, writers and others too). I see problems for contributors as largely the business models of the agencies, not AI per se. Royalties to creators are an expense shareholder-focused businesses want to minimize. Anything non-royalty-bearing that customers will buy is a win in that scenario.
459
« on: May 26, 2023, 16:22 »
...At the end of the day, the only thing that really matters is total earnings at the and of the month.
If you think about this a little more, which month are you thinking of - this month, May 2024, May 2018...? I'd argue you can't think so narrowly and look at only one month. It isn't hard to come up with scenarios where you have great monthly earnings, but only for a short time before the whole business model collapses. Watching trends that give an idea of where things are going, or opting out of trends that long term are not good for contributors, may help us as a group.
460
« on: May 25, 2023, 12:59 »
...One question - has the increase in total DL outpaced the increase in size of your port - either in comparison to previous port size or compared to Adobe as a whole?...
My portfolio isn't that large (2,335 today) and hasn't grown much in the last couple of years. I haven't kept track of portfolio growth by date as it's been so (a) erratic - I do this part time as I have time to spare, and (b) small. Bottom line is that my growth in sales isn't because I've been an upload demon  And without knowing exactly what Adobe's growth has been, I have been keeping track of some stats (started when the free collection started) and April 2022 there were 190,203,517 photos and May 2023, 202,460,892 (I have overall size, but that included Pond5 videos going away which skewed things a bit). That was about 6.5% growth and is much less than the sales growth I'm seeing. I did make PNGs of some of my isolated photos last year sometime which is sort of growth but sort of not (as in the images didn't change, just the availability in a useful format), so you could subtract about 50 from my port size for that
461
« on: May 25, 2023, 09:56 »
There was some discussion of Adobe sales in another thread, so I thought I'd update my tracking of the change in the mix of custom versus subscription sales and falling RPD (I only have photos and a few illustrations; no video). Both downloads and $$ at Adobe Stock continue to beat last year's numbers, which is obviously good. May isn't over yet and already the numbers are 15% higher in $$ and 33% in DLs over all of May in 2022 (and May 2022 was 25% higher than 2021, so it's not just a rebound situation). Revenue per download continues its decline and the proportion of "custom" downloads (versus "subscription") grows. There isn't a drop at the bottom end of royalties, which is good news. I still very occasionally see a 33 download although none this month. Otherwise it's 38 and up for everything. This week I saw a custom royalty for $16.50 which I assume is a very discounted extended license (that'd be a $26.40 royalty at list price for an EL). If I exclude that one license, May 2023 has an overall RPD of 64 versus May 2022 at 78 In May 2022, subscriptions were just over twice the number of custom downloads; subs RPD was 74 and custom RPD 87 In May 2023, custom were just about equal with subscriptions (6 more custom); subs RPD was 66 and custom RPD 63 If you go back to May 2021, subs were 7x custom and the overall RPD was 80 Looking at the year to date, the RPD is 70 - in 2020, the overall RPD was 95. I guess the question is whether the volume of downloads can rise enough to offset the reduced royalties, assuming these trends continue.
463
« on: May 23, 2023, 12:46 »
Hello. How to create a post? I just registered and I don't see the option to create a post or topic.
I just approved your post (a measure put in place to avoid spam). Don't know what the rules are, but I believe you can't create new topics until a certain number of (non-spam) replies have been made
464
« on: May 23, 2023, 12:45 »
"Through the GIPHY acquisition, we are extending our audience touch points beyond primarily professional marketing and advertising use cases and expanding into casual conversations" https://investor.shutterstock.com/news-releases/news-release-details/shutterstock-acquire-giphy-worlds-largest-gif-library-and-searchhttps://investor.shutterstock.com/static-files/2899adce-d747-4cc5-964f-8a2134df94c7https://finance.yahoo.com/news/meta-sells-giphy-53m-shutterstock-165241138.htmlThe blurbs include mention of Sponsored GIFs - which I assume means that while end users won't pay, companies will pay SS to create custom (brand-focused) GIFs, hoping for a viral moment. If you can figure out what this word salad means, then you know how SS will make its $53 million back: "We expect to execute against multiple monetization opportunities across advertising, content and distribution" Some comments https://techcrunch.com/2023/05/23/meta-sells-giphy-to-shutterstock-for-53m-after-uk-divestment-order/WSJ (paywall) "Shutterstock said it plans to fund the deal, slated to close in June, with cash on hand and its revolving credit facility, adding that Meta is entering into an API agreement to ensure continued access to Giphys content across its platform." https://www.wsj.com/articles/facebook-parent-meta-agrees-to-sell-giphy-for-53-million-on-regulators-order-7b1c2ec6https://www.theverge.com/2023/5/23/23734220/shutterstock-giphy-meta-cma-uk-antitrustFrom The Verege article: "For Shutterstock, the deal will augment its content library, expanding it to include GIFs and Stickers. The company also said it would help its generative AI and metadata strategy. Thats a bit more vague, but Shutterstock is currently using generative AI to provide imagery to its customers. Acquiring Giphys substantial library could theoretically give Shutterstock reams of training data for future AI-based products." From the Variety story "This is an exciting next step in Shutterstocks journey as an end-to-end creative platform..." https://variety.com/2023/digital/news/giphy-sold-meta-shutterstock-1235622548/From Engadget: " "This may affect Shutterstock's customers, though. Chief executive Paul Hennessy hopes Giphy will help commercialize Shutterstock's GIF collection don't be surprised if animated images play a prominent role in Shutterstock's offerings." https://www.engadget.com/metas-paid-verification-system-comes-to-the-uk-162523922.html
466
« on: May 19, 2023, 10:26 »
467
« on: May 18, 2023, 14:09 »
... but no one said "game changer"? What's wrong with them?...
Oh but they (she) did. Tune in around 58 minutes if you're skeptical  "AI is here; it is a game changer..." Some of the other language abuse: igniting possibilities driving innovation disrupting established norms AI is a way to supercharge your operation create at the speed of your imagination as we venture into this new AI frontier together AI can transform the entire creative process inspire your creative journey A part of the demo was having an image generated from the prompt "close-up of a bouquet of golden roses". I thought it might be instructive to show a screen grab from the video and compare that to what Firefly beta can produce. I would have included what Firefly did when asked to make it look like clay (which was something SS demonstrated with the roses) but virtually nothing changed visually when you selected different materials in Firefly (it has a "clay" option).
468
« on: May 18, 2023, 10:06 »
Shutterstock held a virtual "showcase" Wednesday afternoon and the video is up on YouTube https://www.youtube.com/watch?v=RbZ5q3X6MSYI watched some of it (and skipped some) and noted a couple of interesting things. Skip Wilson hosted (VP Brand Marketing, formerly at Peloton). About 2 minutes in, a panel discussion led by the chief product officer ostensibly about creative possibilities with AI. Ms. Schoen layered the buzzwords - disruption, innovation, etc. - and said "...generative technology is magical..." Please... There really wasn't much real content - panel members were from Peloton, NVIDIA and AWS. Perhaps Skip Wilson's prior gig was why Jackie Moore, a producer from Peloton was there. She said she couldn't talk about the specifics but they were using AI in their production (so why have her on the panel??). I listened for a bit but then skipped to the next segment. About 30 minutes in, Skip Wilson announces a partnership with AI for Good - responsible AI, blah, blah... https://www.prnewswire.com/news-releases/shutterstock-and-itus-ai-for-good-collaborate-to-advance-responsible-ai-301826531.htmlAt about 33 minutes, an interview with Joh Reynolds (artist, https://twitter.com/ArtByJah) about his use of AI About 43 mins is a product announcement/demo of an AI design assistant which looks pretty interesting. The slightly over-eager chat from the bot could get old fast, but it looks like it might be useful to customers with no design staff. At 51 minuets there's a final panel discussion. They emphasize their ethical approach to AI and talk about the contributor fund and how Shutterstock "helps" artists make money from their work. There was a discussion of the process of offering customers indemnity for the work they generate and then license through SS. It appears they'll run the output through their inspection process and if the content passes, the customer will have legal indemnity from SS in the event there's a lawsuit. The discussion contrasted how SS's approach to generative AI was different in that they're doing it ethically and compensating contributors (no mention that they did the initial training before telling anyone about it). That's certainly Adobe's pitch too. Based on my experience with Firefly beta, Shutterstock will clean Adobe's clock with their design tool. The demo was undoubtedly showing off a carefully scripted and tested scenario, but Firefly is an exercise it time consuming frustration trying to get anything usable that's even close to what the prompts asked for. You can join their waitlist to try the creative AI tool https://www.shutterstock.com/ai-image-generator
469
« on: May 15, 2023, 18:01 »
Email arrived this afternoon announcing editorial subscriptions at SS. I wasn't sure why that was new, but looking at the pricing page for editorial images (I think this is unrelated to editorial use only images in the main collection), they only had per image -single or multi-pack - at $199 or $99 per image.
There's no info on the price for these enterprise subscriptions (I clicked on the Subscribe link but you have to fill out a form and someone will contact you) but I'm guessing it'll be less than the image packs. Which will mean lower royalties for contributors.
If anyone has more information about how this is priced, please post.
470
« on: May 15, 2023, 12:29 »
I have a 2004 Shutterstock model release, and the form is essentially the same. Other agencies have the same idea, but it's expressed differently and thus sounds less worrying.
I believe the reason this hasn't caused any problems is that a model cannot grant rights to anyone that the model doesn't have, and thus there is no way they can grant SS copyright in a photograph when the model doesn't have that in the first place.
The essential part of that sentence is that the model is not making a claim on the copyright; agreeing that the rights are "...free and clear from any claims by me or anyone acting on my behalf."
471
« on: May 13, 2023, 14:19 »
On Wednesday, as part of Google's I/O event, Adobe announced their partnership: "Today we announced that were bringing Firefly to Bard by Google with the ability to continue your creative journey in Adobe Express, to inspire millions of people to create. In the coming months, Firefly will power and highlight text-to-image capabilities in Googles experimental conversational AI service, with the ability to continue your creative journey further in Express. Users of all skill levels will be able to describe their vision to Bard in their own words to create Firefly generated images directly in Bard. After you generate an image with Firefly, you will have the ability to edit and further modify it using Express, making it easy to create standout content with inspiration from Expresss beautiful, high-quality collection of templates, fonts, Stock images and assets." Up till now, if you downloaded an image you generated with Firefly beta, (a) it had a watermark and (b) was not authorized for commercial use. Is that true for the output from Bard/Firefly/Adobe Express? "Stay tuned in the weeks ahead for updates on Firefly and more exciting features coming to Express!" I think it's more than time for an update for contributors on when they might see compensation, or at least a plan. We should not just be an afterthought as the execs make deals. What exactly is holding up the compensation model announcement? We were asked to be patient while beta was underway (although it would have been preferable to have to consulted before the training was done), but announcing a big new partnership, trumpeting the main advantage to be the rights to their (our) content, makes it clear the marketing messages are Adobe's priority, not the reality of putting a compensation plan in place. https://blog.adobe.com/en/publish/2023/05/10/adobe-firefly-adobe-express-google-bardHere's some more coverage of this announcement: https://techcrunch.com/2023/05/10/google-partners-with-adobe-to-bring-art-generation-to-bard/https://petapixel.com/2023/05/10/google-is-integrating-adobe-firefly-and-express-into-bard-chatbot/https://www.forbes.com/sites/barrycollins/2023/05/10/google-bard-boosted-with-adobes-ai-art/?sh=1f00687f31efhttps://www.engadget.com/google-is-incorporating-adobes-firefly-ai-image-generator-into-bard-174525371.htmlhttps://www.fastcompany.com/90894359/google-and-adobe-firefly-bard-partnershiphttps://www.techtarget.com/searchcustomerexperience/news/366537328/Google-adds-Adobes-image-generator-Firefly-to-BardIt's lovely that the press coverage is emphasizing the ethical basis for Firefly - our content uploaded to Adobe Stock - but that has to be backed up with a plan and actual compensation. From the TechTarget article ""It's an interesting example of how training data may be the most important differentiator between AI services rather than usability or output,"" From the FastCompany article: "THE ETHICAL ADVANTAGE Theres something unique about Google and Adobes play: The ethical aspect. Google explains that unlike any other Generative AI tool available today, Firefly is designed to generate images that are safe to use in commercial settings once the model is out of public beta, free from copyrighted materials like popular cartoon characters and branded content. The secret to Adobes sauce is that Firefly is trained on hundreds of millions of professional-grade, licensed images in Adobe Stock, which is a critical aspect in obtaining not only high-quality images but material that respects copyright owners. " I'm not feeling respected today...
472
« on: May 13, 2023, 11:44 »
473
« on: May 12, 2023, 08:18 »
My catalog is also there. I would like it removed. I do not use Wirestock.
All Adobe Stock content is shown there - if you check the box marked Adobe Stock. My images are too, but I don't think individual contributors have any control over Adobe API customers - there's no opt out. And you can't issue take-down notices as they have a license to use these images.
474
« on: May 11, 2023, 16:00 »
Shutterstock had a mini-rally earlier this week, but closed today at $52.63 (down $2.11 from Wed) https://finance.yahoo.com/news/peri-sstk-better-value-stock-154003633.htmlFor some reason I can't fathom - other than the investor newsletter just has no clue about the businesses these companies are actually engaged in and how they work (who the customers are) - this article put Shutterstock and Perion in the same business category: https://finance.yahoo.com/news/peri-sstk-better-value-stock-154003633.htmlI looked at Perion's home page and it's full of buzzy fluff about capturing digital dollars, or fragmenting technology (slight misrepresentation on my part): "Perion is focused on the future, and has built a tech-stack that drives our Capture & Convince business solutions. Our AI and machine learning can be applied to sourcing and optimizing traffic, transforming dumb funnels into smart consumer journeys." I don't think they're in the same business at all, but at the end, the article about taking advantage of undervalued stocks recommends buying Perion's stock, not SSTK "Both PERI and SSTK are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that PERI is the superior value option right now." Here's a more general article about what Perion does - I have no love for SSTK, but it must be frustrating to have investment advisers lump you in with the wrong bucket and then drag the stock down as a result. But them's the breaks when you decide to go public https://seekingalpha.com/article/4584594-perion-network-still-very-discountedhttps://www.perion.com/Edited to add that the stock closed down a bit more Tuesday 16 May - $51.29, (down $1.67 from Monday). Tomorrow afternoon SS is hosting a (streaming) Gen AI event "AI is the game changer of all game changerssomething every brand and business in the industry can gain from. Dont forget to book your seat so you can learn how to make it work for you." They're clearly hoping if they bang the AI drum enough it'll do them some good. Separately I saw a marketing piece - misspelled drivel, IMO - that says there's huge growth ahead. Probably not all that well researched as they include (the now bankrupt) EyeEm in the list of "top companies" https://www.digitaljournal.com/pr/news/a2z-market-research/stock-photos-and-videos-market-to-witness-huge-growth-by-2029-adobe-stock-shutterstock-fotosearch"Stock Photos and Videos Market is growing at a +7% CAGR during the forecast period 2023-2030. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market" Edited May 26 to add that SSTK closed yesterday at $48.94, so there's clearly something bothering investors. Their "ex-dividend date" (last day to be qualified to receive the next stock dividend) is May 31 and typically that causes the stock price to go up a bit as people buy... May 30 close, $47.22
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