Was just thinking it's been a while since we've had any ''exciting news'' for contributors, like more than a week of no ''exciting news''. Guess this is the latest ''exciting news''.   

Don't know what to think about this. Fiverr couldn't get any worse with regards to IP theft, so maybe the only way to get them to clean up their act is if they have a skin in the game, i.e. they make some cash from legitimate sales through SS.

From what I've understood, Fiverr sellers can now directly incorporate images, video and music in their work (in certain gig categories) when a buyer orders their gig by adding 'custom extras' to the order for $x per SS asset*, and these assets will be available ("Powered by Shutterstock") through an integrated search interface (API) on the Fiverr platform. They can also use watermarked versions for preview versions of their work, and upon finalizing the actual license will be purchased.

Basically it's the buyer who pays for the license. I assume Fiverr has a special deal, so my guess is that SS sellers will receive the minimum royalty for each item sold.
Interestingly, Fiverr explains: "If you need to download the asset again, the seller will only have up to 8 hours to do so. After 8 hours from the initial download, sellers will lose the option to access it again, and will need to ask the buyer to repurchase it." So we might receive multiple purchases of the same image due to the 8 hours limit.

The "I will provide stock images" gigs shown in Jo Ann's screenshot are a violation of the Terms of Service (of both Fiverr and Shutterstock) and as such they're not allowed, but some of these slip through the cracks.

*) Fiverr prices:
Images : $2 per image
Music: $3 per track
Video: $5 per video

Not sure how Fiverr or SS intend to handle refunds of Fiverr deliveries. It says: "Once the cancellation is approved, the purchased licenses will not be valid anymore, even if the delivery includes the licensed media assets."
So the buyer gets his money back (including the extra fees paid for the SS assets) and the SS license will no longer be valid, but I assume SS sellers will not get those refunds and Fiverr will pay for the expenses.

Edit:
I'm not sure if this really benefits SS sellers. Most Fiverr sellers who use stock media (in their work, not resellers) already have some sort of subscription (either at SS or another agency), so using the SS API via Fiverr is not beneficial to these sellers. Perhaps the existence of this API makes it easier for all parties to use stock media, and it might incline other Fiverr sellers to upsell their gigs with SS media, so we might see a small boost from that.