"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."

That's another way of restating the classic line: What have you done for me lately?

Or to translate it into byzantine Shutterstockian language:

Just because we sold a ton of your images/clips in the past � and both you and we made lots of $$$ off of those ample sales for a decade or more � it's all old news now. The only thing that we care about is what you're selling "at the current time." So� buzz off, long-time contributor, and screw you. We don't need you any more.

Already removed my video portfolio from sale and images can go June 1st

They can eff off and the horse they rode in on 

All I can say is I'm glad I'm not depending on stock revenue.

Same here.

But I did enjoy having a bit of extra income for all these years� all of it earned by doing something I loved to do. It was nice while it lasted.

If we consider the Shutterstock Report First Quarter 2020 Earnings Results with statements like:

"We are well positioned financially with $296 million in cash and no debt. Our strong liquidity position combined with the progress we are making against our margin enhancement initiatives make us well positioned to meet our financial objectives when demand returns to historical levels," concluded by Jarrod Yahes, Chief Financial Officer.

it's time to ask: "For what shall it profit a man, if he shall gain the whole world, and lose his own soul?"Mark 8:36

Instead of just having faith act now! Protect your work. leave SS before end of month.

Link to report 1st Quarter 2020: (https://www.prnewswire.com/news-releases/shutterstock-reports-first-quarter-2020-financial-results-301048037.html)

Best regards

Can we sue them? Is there a possibility?
There are (in my case at least) 3-4 agencies I still work with.
I think the vast majority came to the bottom with patience and indulgence.
If there is someone who knows better, he can give us a hand.
For me, it is a closed road from now on.

And I was thinking of buying a new camera...

Can we sue them? Is there a possibility?

Short answer: No.
Long answer:..............No.

Yes you could sue and maybe get an injunction. The injunction would put a temporary hold on them changing the payout structure. Would you win the case , not sure. It would cost you 10's of thousands dollars of legal fees for attorneys. Are you in....That's what I thought, as me most of us have not that kind of money. SS knows that and fears No  legal battle.

And *, they base this on 2020?  Has anyone had more than 10% of normal sales the past 8 weeks? 
F*ckers

Truly the most powerful way is to have a large enough group of people disable their port on June 1

I agree. I hope everyone is onboard.
and since you're in with Blackbox. Ask them too.

I really hope you are right on this. Really tired of these abusive relationships with gangster companies.

And they rejecting 9 out of 10 video uploads really doesn't help you even dream of going up another tier. This is iStock 2.0 as the thread states with an even more perfected coldness by simply obliterating contributors by a thousand blows day by day.   The only solution is software that bypasses agencies and licenses contributor work by p2p letting all the little contributor island portfolios be connected.  I think this is coming with blockchain in the coming years including dustributed video hosting at a low price.

Quote from: cloudvisual on May 26, 2020, 12:20

Quote from: r2d2 on May 26, 2020, 11:53

Quote from: Microstockphoto on May 26, 2020, 11:46

Quote from: r2d2 on May 26, 2020, 11:40

Quote from: Microstockphoto on May 26, 2020, 11:33

Quote from: r2d2 on May 26, 2020, 11:20

Look at there share price it going up today:
https://www.marketwatch.com/investing/stock/SSTK


Why not clicking there Adwords/Advertising at Google away?

yes lets hurt them by clicking 1 cent at a time

it is more than 1 cent and we can make them invisible at Google.
What will you do?

i dont know but i am not going to sit here for hours clicking their fuсking google ads link fuсk sake

hours? If everyone of us will do this 2 times a day it will hurt them... 

The company is worth almost $1.5b. You have no idea how little impact you'd have on them. By the time you'd found and clicked an advert they'd have probably made $5-10k in sales.

Just to go into more detail. If it was possible that you could click one of their ads once per second and it cost them exactly $1 per click, doing this 24/7 - 365, it would take 31 years to reach a $1b in clicks.

it only works if many contributor will do...

But maybe we better should do nothing ...

Probably the better option is to buy many shares of STK, join other shareholder activists, and force all current management out. We would need like 15% voting shares to have any impact on the management.

Terrible!