MicrostockGroup

Agency Based Discussion => Shutterstock.com => Topic started by: Artist on February 10, 2024, 04:12

Title: Shutterstock aquires Backgrid
Post by: Artist on February 10, 2024, 04:12
Another good news!

https://www.prnewswire.com/news-releases/shutterstock-acquires-backgrid-celebrity-news-network-302050111.html (https://www.prnewswire.com/news-releases/shutterstock-acquires-backgrid-celebrity-news-network-302050111.html)
Title: Re: Shutterstock aquires Backgrid
Post by: stoker2014 on February 10, 2024, 05:42
So now we need to shoot a lot of editorial.
Title: Re: Shutterstock aquires Backgrid
Post by: Mimi the Cat on February 10, 2024, 07:05
So now we need to shoot a lot of editorial.

and get paid ten cents for doing it  ;D
Title: Re: Shutterstock aquires Backgrid
Post by: Uncle Pete on February 10, 2024, 11:37
So now we need to shoot a lot of editorial.

and get paid ten cents for doing it  ;D

And with all the hype, I've seen no numbers increase in Editorial and News income or downloads. You're right, I see loads of dimes.

 “The fusion of Splash, a respected legacy brand, and the Shutterstock Newsroom, an elevated premium service offering, will allow us to scale our entertainment vertical. With this union, we are positioning Shutterstock as the market leader for entertainment, providing our global customer base with best-in-class editorial content.”

Now:

"As one of the world's largest entertainment news agencies for newsrooms and media companies, our acquisition of Backgrid further elevates Shutterstock's position as the premier provider of best-in-class entertainment and editorial content,"

Maybe INDYCAR and NASCAR aren't entertainment?
Title: Re: Shutterstock aquires Backgrid
Post by: cobalt on February 12, 2024, 08:29
Between ss, pond5, backgrid and others ss has a very good editorial offering. So why are sales, especially editorial video sales dropping so strongly?

The exclusive pond5 content alone should be a large pull for buyers?

What is the alternative in editorial for customers?

Getty? Is Getty/istock showing a strong increase in editorial sales?

The customers must license from somewhere, editorial can not be replaced with ai.
Title: Re: Shutterstock aquires Backgrid
Post by: Faustvasea on February 12, 2024, 08:54
I've made $21 in 1 year time on SS. I have around 3000 images and around 600 videos. And most of my images are sold for 10 pence.

Regarding getty, I want to quit them and delete my account. They put a restriction on my account of 25 images a week which is ridiculous. They want too much effort and very little reward. Which isn't working nowadays.
Title: Re: Shutterstock aquires Backgrid
Post by: wds on February 12, 2024, 13:04
Between ss, pond5, backgrid and others ss has a very good editorial offering. So why are sales, especially editorial video sales dropping so strongly?

The exclusive pond5 content alone should be a large pull for buyers?

What is the alternative in editorial for customers?

Getty? Is Getty/istock showing a strong increase in editorial sales?

The customers must license from somewhere, editorial can not be replaced with ai.

I'm sticking with my theory that perhaps SS really cut back on advertising spending in certain markets.
Title: Re: Shutterstock aquires Backgrid
Post by: Uncle Pete on February 12, 2024, 13:09
Between ss, pond5, backgrid and others ss has a very good editorial offering. So why are sales, especially editorial video sales dropping so strongly?

The exclusive pond5 content alone should be a large pull for buyers?

What is the alternative in editorial for customers?

Getty? Is Getty/istock showing a strong increase in editorial sales?

The customers must license from somewhere, editorial can not be replaced with ai.

I'm sticking with my theory that perhaps SS really cut back on advertising spending in certain markets.

I'm pretty sure that my images on SS are not offered on any of these sites with managed collections. The news that they acquired another news, sports or entertainment division, means less for me, not more.

Please someone tell me I'm wrong. I want to be mistaken. This is just more competition for anything we do on SS that's in the same areas of interest.