MicrostockGroup Sponsors


Author Topic: Shutterstock just became iStock 2.0  (Read 68298 times)

0 Members and 1 Guest are viewing this topic.

« Reply #650 on: June 03, 2020, 08:25 »
+1
They started paying Freepik royalties, they will get Freepik quality content and eventually Freepik buyers. Funny how from all the possible models this is the one they try to emulate


ikostudio

  • IKOstudio
« Reply #651 on: June 03, 2020, 09:16 »
+3
I am on Level 5 on Shutter, and until now I'm having a 50% cut average accordingly to the first 3 days of June.
After all the we all are having 10 cents download!


« Reply #652 on: June 03, 2020, 11:57 »
+3
My last great earnings report just was calculated...the next will be just report.

Tenebroso

« Reply #653 on: June 03, 2020, 12:08 »
+3
Obviously they want a crowd of mobile phone newbies to grow their collection, uploading like crazy just to reach that next level all while never passing level 1 and maximizing SS profits. If you read between the lines in their announcement that's exactly what they are saying.
They wanted that for some time now, first they let anyone with mobile phone in - carefully waiting for mobile phone camera tech to mature to decent image quality level, then they advertise for contributors in developing countries and now when they have enough newbie contributors they roll out the system.
We might be mad, but newbies will be swarming facebook groups announcing they just made their first 0.10$ sale or payout and congratulate each other on it, while SS is laughing their *ss off.
SS are betting that from quantity there will be just enough quality not to look like complete trash collection in the eyes of buyers and competition.     

It's a system very well known in any third world or developing country in every single company (especially the foreign western companies that come to exploit minimum wage workforce), you don't need to know your job, you'll learn something (or not, doesn't matter as long as you do what your boss tells you), but you must work for minimum wage or we will replace you in an instant. The quality of product is not that important too.
This might come as shock to westerners, but for us from developing countries it's everyday reality, I expected this exact thing from SS and I'm sure all other microstock companies will follow eventually.



It is not about what others do, it is about the dignity of each individual.

Photography is done by the photographer, if you think that with the mobile you are able to sell for 10 cents in SS, do it. If you think SS will continue to work, spend your time on SS. Don't care about others. Worry about yourself. In countries with VIRUSES, risk of civil war, the risk of nuclear war with China, risk of the Great Depression, I do not think that investing time by 10 Cents is future.

Rather worry about you, not about SS or about countries with low economies. Life takes many turns, and I doubt that the USA will ever be a world power again. Of course, I think that the USA will recover a place to live in coexistence. SS has ceased to exist.

The SS thing is not now, it was seen coming for a long time. This is the visualization of the problem. SS has already shown the public its farewell as a company.

« Reply #654 on: June 03, 2020, 12:34 »
+1
Edit: I expect them to hide the portfolio disable buttons next.

I'm surprised they didn't do it already. Even more surprised they didn't disable it right before they announced the change. ...

I was fully prepared for them to take away the on/off switch, but as I see how many people are disabling portfolios - I watched the number of photos drop by 70,000 in a half an hour this afternoon while I was tweeting some #BoycottShutterstock stuff - it dawns on me that the more we disable, the less likely they are to remove the control.

At some point, it becomes in their interest to leave them enabled if they believe they can talk contributors into restoring images. Come the end of June they'll have more financials to report and an image count. They may not want to fess up that they inspired a boycott and only have a small growth or a decline in the collection. Also, it would force contributors to choose to close their accounts or delete images if the button were gone - all much more work to manage than the on/off switch.

As they couldn't manage the code to get royalties into the correct columns after the change, they may not want to make things more complicated for engineering than it needs to be :)

I doubt they've budged from their dictator approach. They're removing forum and Facebook posts, banning people, not responding in the forum, etc. I still think they're working on whatever they can do to squash contributors including disabling the buttons. Gotta show us peons who's boss even if it hurts them.

They have removed multiple Facebook posts of mine and I didnt even cuss.

« Reply #655 on: June 03, 2020, 12:45 »
+1
Posted elsewhere but I'll post it here too.

The reported email doesn't make a lot of sense. It basically promises to keep people on current new tier percentage until January first which already the way the new scheme works. Interpreting it as referring to the old scheme also doesn't make sense as that wasn't a percentage scheme.

As reported it is also in broken English.

My guess is Phishing scam not from SS where you open attached contract and get a virus.

Interesting point.

Would be great if somewhere those letters could be seen.

Also, SS could easily come out of hiding and deny they did that.

No denial...leaves a shade.

« Reply #656 on: June 04, 2020, 00:39 »
+23
https://www.shutterstock.com/image-vector/image-representation-greed-that-company-has-1748302739   

Whoever got that accepted, well done!
Better yet, extra marks for somehow getting "fuck you" accepted as a keyword.

Not bothered hiding the uploading ID because i dont think he cares - he currently has 1 file online and its that!
« Last Edit: June 04, 2020, 00:53 by gnirtS »

« Reply #657 on: June 04, 2020, 01:05 »
+4
https://www.shutterstock.com/image-vector/image-representation-greed-that-company-has-1748302739   

Whoever got that accepted, well done!
Better yet, extra marks for somehow getting "fuck you" accepted as a keyword.

Not bothered hiding the uploading ID because i dont think he cares - he currently has 1 file online and its that!

This is a true masterpiece.


« Reply #658 on: June 04, 2020, 01:21 »
+3
https://www.marketbeat.com/instant-alerts/nyse-sstk-insider-buying-and-selling/

Jon sells a good chunk of his shares. Guess he sees where the company value is going. Talk about shareholders moving out

Sent from my HD1901 using Tapatalk


SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #659 on: June 04, 2020, 04:00 »
+8
Is 0.08% of ones shares 'a good chunk'? :D

He'd be selling a lot more than that if he was worried about where the value is going... probably just freeing up a bit of cash for a new car or something.

« Reply #660 on: June 04, 2020, 04:24 »
0
Their stock has gone up slightly.
Not a shock as all the changes directly benefit the share holders.

Horizon

    This user is banned.
« Reply #661 on: June 04, 2020, 04:54 »
+2
Something is going very wrong at SS right now since this started. Sales come in for 0.12, 0.18 and so on! old files that have hardly sold at all are beginning to see the light?
What are they doing?

« Reply #662 on: June 04, 2020, 05:29 »
0
Something is going very wrong at SS right now since this started. Sales come in for 0.12, 0.18 and so on! old files that have hardly sold at all are beginning to see the light?
What are they doing?

It's hard to say. Might be sheer coincidence. Sometimes they test out different algorithms, but they confirmed before that these tests are not run on the whole database, but individual contributors, so someone might see a change in sales pattern, while others are not affected at all or see a different pattern.

For me my sales have dropped by around half compared to last week, but I don't see any unusual sales of old files for example.  It's the same mixture of images that sell from time to time and a few new images.

« Reply #663 on: June 04, 2020, 05:35 »
0
Mine dropped by 50% in a 6 week period between mid april and end of may.

This week is up and down massively.  I cant see any consistency or trend - its just a mess.
This week ive had a day of numbers so low i thought it was Saturday, the day later i got about 2x the usual volume.

« Reply #664 on: June 04, 2020, 05:47 »
0
Their stock has gone up slightly.
Not a shock as all the changes directly benefit the share holders.

The next quarters I guess that Stock will go up without a doubt as net earning will rise dramatically with the commission slash. 2020,2021 maybe up.........from there on lets see. If Mr Oringer is clever he will sell before that because sooner or later clients will jump to the site has the best offer and I am quite sure that Shutterstock will not be in that list.

Chichikov

« Reply #665 on: June 04, 2020, 06:06 »
+2
https://www.shutterstock.com/image-vector/image-representation-greed-that-company-has-1748302739   

Whoever got that accepted, well done!
Better yet, extra marks for somehow getting "fuck you" accepted as a keyword.

Not bothered hiding the uploading ID because i dont think he cares - he currently has 1 file online and its that!

Standing ovation!!

ikostudio

  • IKOstudio
« Reply #666 on: June 04, 2020, 06:19 »
0
Shutterstock shares, they are very very bad after maximum of 2014 they have been steadily falling since then, and if the $ 28 support breaks they are in trouble.
Its all about the greedy investors.

Investors matters more than the soul and heart of the company.





« Reply #667 on: June 04, 2020, 12:50 »
+3
Shutterstock has added a post to their Facebook account this morning saying, among other things "we understand your frustrations" and "your feedback is very important to us"

Bollocks

https://www.facebook.com/pg/Shutterstock/posts/?ref=page_internal

I've given them my feedback

Want to add yours?

« Reply #668 on: June 04, 2020, 13:05 »
+1
There's something strange, i've opt out for 7000+ photos and 500+ video selling, when i'm consulting my dashboard I can see now there is still 970 photos in my portfolio, that's means nothing !!!!
Contributors who have opted out, do you encountering the same issue ?
 
« Last Edit: June 04, 2020, 13:09 by Smithore »

« Reply #669 on: June 04, 2020, 13:12 »
+2
Shutterstock has added a post to their Facebook account this morning saying, among other things "we understand your frustrations" and "your feedback is very important to us"

Bollocks

https://www.facebook.com/pg/Shutterstock/posts/?ref=page_internal

I've given them my feedback

Want to add yours?

"Open conversation is essential to any community, however, we also want to provide a safe and positive space for members of the community from all backgroundsno matter the age, race, sexual orientation, gender, religion or ethnicity. Therefore, discrimination and harassment towards any persons, profanities, hateful/offensive language, bots and spam will be removed."

Read as "we will be censoring any posts that paint us in a bad light" So low to try and pass it off as protecting vulnerable minorities in the current climate, especially given views of the high ups there discussed on other threads.

"...If you have any questions, please email [email protected], and we will get back to you as soon as we can."

i.e. stop posting about this on here on social media, where we will be removing it as per above.


« Reply #670 on: June 04, 2020, 13:15 »
+5
There's something strange, i've opt out for 7000+ photos and 500+ video selling, when i'm consulting my dashboard I can see now there is still 970 photos in my portfolio, that's means nothing !!!!
Contributors who have opted out, do you encountering the same issue ?

Yes. My portfolio count went down in fits and starts and finally reached zero. I also saw that when the count on the screen you showed was one number, if you clicked on the portfolio link right there it'd show a different number.

It'll all go to zero shortly :)

« Reply #671 on: June 04, 2020, 13:17 »
+2
Me too, 48h later I still have some photos. I hope tomorrow will be 0.

Enviado desde mi AGS2-W09 mediante Tapatalk


« Reply #672 on: June 04, 2020, 13:28 »
+5
People tried giving feedback - they ended up banned or accounts ceased!
Or blocked on twitter. Or blocked on facebook.
Or posted in that 170 page thread they keep deleting posts from.  Or the other threads elsewhere in the forum they're ignoring.

They know *exactly* how bad this would be way way ahead of time.

« Reply #673 on: June 04, 2020, 13:28 »
0
Quote
Yes. My portfolio count went down in fits and starts and finally reached zero. I also saw that when the count on the screen you showed was one number, if you clicked on the portfolio link right there it'd show a different number.

It'll all go to zero shortly

Ok, i've understood too late and opt in to check if something change, now i can't opt out again  :-[, i hope i can do it very soon .
« Last Edit: June 04, 2020, 13:35 by Smithore »

« Reply #674 on: June 04, 2020, 13:50 »
0
People tried giving feedback - they ended up banned or accounts ceased!
Or blocked on twitter. Or blocked on facebook.
Or posted in that 170 page thread they keep deleting posts from.  Or the other threads elsewhere in the forum they're ignoring.

They know *exactly* how bad this would be way way ahead of time.

They did, but equally their underhandedness has actually worked out pretty well for them.

Even the people really outraged are complaining about SS taking 85% of royalties (nope, minimum 85% in that tier, probably much more) or people in higher tiers complaining that their income has dropped 50% (nope SS has cleverly bought this in half way through the year, your income will be dropping a lot more over the whole calendar year thanks to that January reset).

All this is far too in the weeds to explain to customers and that's the beauty of it.

Most infuriating thing about this is the dishonesty with regards to the percentage and the (unspeakably cruel) January reset. There's no logical reason for the reset other than masking how much you are actually loosing. There is no reason not to have a rolling 12 month tier other than that.


 

Related Topics

  Subject / Started by Replies Last post
87 Replies
33277 Views
Last post July 24, 2006, 06:01
by GeoPappas
21 Replies
7254 Views
Last post May 04, 2006, 08:28
by leaf
14 Replies
6657 Views
Last post March 19, 2008, 14:47
by vonkara
106 Replies
26384 Views
Last post October 04, 2014, 07:33
by Hobostocker
19 Replies
9775 Views
Last post July 22, 2015, 23:08
by hatman12

Sponsors

Mega Bundle of 5,900+ Professional Lightroom Presets

Microstock Poll Results

Sponsors

3100 Posing Cards Bundle