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Author Topic: Shutterstock just became iStock 2.0  (Read 30519 times)

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« Reply #125 on: May 26, 2020, 13:35 »
0
Just turned off sales for both my portfolios in the settings, takes 5 seconds, if things change then Ill turn them back on otherwise not worth it

I'll do that Sunday night. Not a minute sooner or later.

But I will do it then.
I'll be doing the same thing. I will shut down both my still and video content. 7000 quality files no longer available. Let the customers sort through millions of s**t files uploaded from India.


Sunday evening/night let's all come here and either cry or celebrate together!


« Reply #126 on: May 26, 2020, 13:36 »
+1
One person shutting down their portfolio is meaningless. People will not gather up/unionized to pull their pictures off SS. Not sure there's an answer to this mess. I did my Jethro math with what little info SS sent me. I am guessing I may lose 30% to 50% of income from future SS income. That sucks but pulling portfolios off SS is not the answer.  Looks like SS for many in the future is just a photo hobby and not a future business. I would think this may hurt the international photographers in third worlds the most. It is still fun taking photos but just a lot less future cash.
Self respect is worth more than money.
  You are so correct about Self Worth...But Self Worth does not buy new equipment, food, or everything else. I think most photographers new that most if not all stock houses are like whoring for a Whorehouse. At first when you are young your prices are high as you get older your prices drop. But you keep Whoring.

« Reply #127 on: May 26, 2020, 13:42 »
+2
I'm not entirely sure what kind of a bet Kate at Shutterstock lost to be the face of this fiasco.

« Reply #128 on: May 26, 2020, 13:51 »
+1
I'm not entirely sure what kind of a bet Kate at Shutterstock lost to be the face of this fiasco.

I'm not even sure Kate is a person. But if she is, I think she'll go the way of Alex Shutterstock soon.

PaulieWalnuts

  • We Have Exciting News For You
« Reply #129 on: May 26, 2020, 13:52 »
+13
Never let a crisis go to waste

« Reply #130 on: May 26, 2020, 13:52 »
0
Anyone has info on how this will affect On Demand downloads, as well as ELs?

« Reply #131 on: May 26, 2020, 13:54 »
+1
I got the email, but Im not even a contributor anymore. Good thing, because they took me from .38 per DL back down to starting level. I would have quit anyway.

« Reply #132 on: May 26, 2020, 13:57 »
+7
This is pathetic. So at the beginning of every year they get to make serious bank off of contributors backs by dropping everyone to the lowest pay level.

Unbelievable.  >:(

« Reply #133 on: May 26, 2020, 14:02 »
+6
Twitter is going mad as well. Guess we should definitely make #switchoffshutterstock viral. As well us upload a ton of photo concepts of shutterstock burning, going to hell, being sold etc, no other uploads, only these. Lets get the message across.

« Reply #134 on: May 26, 2020, 14:09 »
+2
This is pathetic. So at the beginning of every year they get to make serious bank off of contributors backs by dropping everyone to the lowest pay level.

Unbelievable.  >:(
I just sent them a reply to that email congratulating them on their decision. They will lose their best contributors.

H2O

« Reply #135 on: May 26, 2020, 14:13 »
+4
ShutterStock are finished as a site, anyone who has any sense of their own worth is going to leave them.

The reality is they won't find this out for a couple of years, as the buyers move elsewhere.


« Reply #136 on: May 26, 2020, 14:24 »
+6
Stock traders are very active twitter users.  Post your disgust on twitter using: $sstk

Use the dollar sign, not a hashtag.

PaulieWalnuts

  • We Have Exciting News For You
« Reply #137 on: May 26, 2020, 14:25 »
+3
ShutterStock are finished as a site, anyone who has any sense of their own worth is going to leave them.

The reality is they won't find this out for a couple of years, as the buyers move elsewhere.

Sadly this probably isn't accurate. For every one of you or me who leaves, there are tens of thousands of newbies who are elated someone, anyone, is willing to pay them a few cents for their work. Hell, look at the tens of thousands of people on Unsplash giving away their work so they can just get attention.

When Getty introduced this type of structure, everyone called them the evil empire and vowed loyalty to Shutterstock. None of these partners can be trusted. But I'm sure Adobe will be anointed as the new savior.

« Reply #138 on: May 26, 2020, 14:32 »
+4
What about the unused credits of the subscription plans? It was an important factor / source of income for the agencies. This made it possible to pay more royalty for a download as they earned, because at the end they still earned more. So fixed royalty was a compensation, a share. Now this unused credits are not involved anymore and the agency just keeps them all?

georgep7

« Reply #139 on: May 26, 2020, 14:37 »
0
Stock traders are very active twitter users.  Post your disgust on twitter using: $sstk

Use the dollar sign, not a hashtag.

Do they lose something to care about?


QUESTION
Again, may I ask those five day notice are final? After that portfolio can be deactivated or removed or not?

Noedelhap

  • www.colincramm.com

« Reply #140 on: May 26, 2020, 14:39 »
+9
Like I said in the SS forums:

How in the world do we survive dwindling sales if our own agencies screw us over every once in a while? Just when you think you're floating towards shore, they just push you back out to sea to drown.
 
All I'm asking is a steady revenue with some growth, but Shutterstock is like your annoying big brother trampling all over your sandcastle.
You're trying to rebuild it, and just when you think you're back to a respectable size, there comes your big brother again, demolishing your hard work.

« Reply #141 on: May 26, 2020, 14:39 »
+1
This is pathetic. So at the beginning of every year they get to make serious bank off of contributors backs by dropping everyone to the lowest pay level.

Unbelievable.  >:(

Someone got a pay rise at SS when they suggested this reset for January.

The quieter December sales month needs a massive payout for SS in January/February when everyone is on the lower tiers.


PaulieWalnuts

  • We Have Exciting News For You
« Reply #142 on: May 26, 2020, 14:49 »
+8
SS forum is on fire. People are encouraging others to turn off licensing. Odds are good SS will deactivate this function so you either go along with the new program or delete your portfolio.

Interesting thing is for me, it doesn't matter. I removed most of valuable images years ago and left a small amount of generic stock. And as expected, monthly earnings have dropped over time. So I now earn a nice dinner a month which doesn't matter if I lose it. And now with this new program that will drop to a cheap dinner which really doesn't matter at all.

So one thing that may bite SS, is the fact that a large amount of contributors have been beat down so much over time that SS earnings are peanuts that no longer matter.

« Reply #143 on: May 26, 2020, 14:51 »
+7
I cant think of another industry that consistently reduces people pay. Weird, anyone who has a job, nearly always gets an increase at some point.
I would vote for a new agency that is created and owned by the people submitting, and really pushed as the only ethical way clients should by images. We always want this when every pay decrease happens. Is there enough people now to get it going/

« Reply #144 on: May 26, 2020, 14:54 »
0
"Our new compensation model is designed to reward content creators for producing quality work that is fresh, relevant and in demand by our customers. By resetting the royalty levels each year, we aim to provide an avenue for contributors to be fairly rewarded for content that is performing well at the current time."

« Reply #145 on: May 26, 2020, 14:56 »
+4
Finally! Way to go! Yeah!!!!

They are suggesting to shot on iphone instead of dslr's and mirrorless.
Funny thing sh#ty iphone is way tooo luxury for contributors with such earnings.


« Reply #146 on: May 26, 2020, 15:00 »
+1
Be practical! To reset everyone back to 15% on the 1st of every January is a joke. We know it, they know it. This is what they will correct and say 'we care and listen to our contributors' and they will allow us to have the same model as Getty: last year counts. And than we will be happy and silenced and we will eat the rest. They knew there will be a huge flame around this so they built in a strategy to handle it.

PaulieWalnuts

  • We Have Exciting News For You
« Reply #147 on: May 26, 2020, 15:03 »
+1
"Our new compensation model is designed to reward content creators for producing quality work that is fresh, relevant and in demand by our customers. By resetting the royalty levels each year, we aim to provide an avenue for contributors to be fairly rewarded for content that is performing well at the current time."

The only thing missing is it didn't start with "We have exciting news!"
« Last Edit: May 26, 2020, 15:24 by PaulieWalnuts »

« Reply #148 on: May 26, 2020, 15:04 »
+1
Does this mean by uploading to Blackbox we are automatically in the top tier of earners???

Noedelhap

  • www.colincramm.com

« Reply #149 on: May 26, 2020, 15:04 »
+5
ShutterStock are finished as a site, anyone who has any sense of their own worth is going to leave them.

The reality is they won't find this out for a couple of years, as the buyers move elsewhere.

When Getty introduced this type of structure, everyone called them the evil empire and vowed loyalty to Shutterstock. None of these partners can be trusted. But I'm sure Adobe will be anointed as the new savior.

Sadly, now we're going to see lots of unhappy SS contributors flock towards Adobe, just like they flocked to SS when iStock went crazy. These unhappy contributors will flood Adobe with millions of images, diluting any sales there as well. I predict the following years are going to be terrible. All I can say is I'm glad I'm not depending on stock revenue.


 

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