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Author Topic: Shutterstock just became iStock 2.0  (Read 122565 times)

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« Reply #525 on: June 01, 2020, 06:49 »
+5
My first 90 images are now online at https://www.dreamstime.com/#res19064268
Upload on SS is stopped.
Lets see how it works out over time.


« Reply #526 on: June 01, 2020, 07:00 »
+6
Even if they change subscription plans our cut at level 4 is still $0,38 per sub no?

What am I missing here?

The 350 and 700 image sub packs the level 4 cut works out a lot nearer 10 cents than 0.38.  SS have merely said it "wont be less than 10 cents" for new sub rates.


SS drop this bombshell then lack the grace or even professionalism to have prepared some stats so we (especially those of us who make a living from this) aren't left mulling over whether we will be able to pay our bills. Even worse, dropping the bombshell  'not less then 10 cents' . This is unforgivable

« Reply #527 on: June 01, 2020, 07:30 »
+4
dreamstime will save microstock industry ;)

Snow

« Reply #528 on: June 01, 2020, 07:47 »
+1
To be honest I would not like to be in their shoes.
Let's just say there are certain individuals out there that are capable of crippling a whole organisation should they wish to do so.
Of course if SS goes down we all go down but then buyers will definitely have to move don't they.
I think SS has forgotten the internet is a 2-way street so good luck with all those pissed off Russians!


Speaking of which, is there anyone here who has access to a Russian microstock forum and knows how to make contact with the Russian contributor base? If we can overcome the language barrier we might be able to unite our actions.


http://www.microstock.ru/forum/ ? but maybe that's outdated

Google translate: https://translate.google.com/translate?sl=auto&tl=en&u=http%3A%2F%2Fwww.microstock.ru and check Forum
« Last Edit: June 01, 2020, 07:52 by Snow »

« Reply #529 on: June 01, 2020, 08:03 »
+9
I am a Russian contributor.
Though I'm not really active in russain speaking contributors community, i can help deliver the message or translate something.
Feel free to PM me if you need me :)

marthamarks

« Reply #530 on: June 01, 2020, 08:03 »
+3

And there is really absolutely no way Shutterstock changed their mind and just keeps it a secret, when the whole microstock world is turning into an angry mob against them and people are disabling their portfolios. If they, for whatever reason, changed their mind, they would have announced it the moment the decision was made. They are probably all just still sleeping at this time and the change was not set to be implemented automatically.

Exactly right.

Just because we contributors are on pins and needles, that doesn't mean that the slug-a-beds at SS are also on pins and needles. They will get around to depressing our earnings soon enough. In their own sweet time.

« Reply #531 on: June 01, 2020, 08:45 »
+1
dreamstime will save microstock industry ;)

Are you sure ? Got two DT sub sales in June ... 0,35 $ same earnings of May ... Where is my extra 10% increase in the royalties value for all downloads ?

Subscription is excluded ?

« Reply #532 on: June 01, 2020, 08:52 »
0
They just announced on the forums that the changes will take place soon.

Completly ignoring all questions and a 100 page thread.

« Reply #533 on: June 01, 2020, 08:53 »
0
Even if they change subscription plans our cut at level 4 is still $0,38 per sub no?

What am I missing here?

The 350 and 700 image sub packs the level 4 cut works out a lot nearer 10 cents than 0.38.  SS have merely said it "wont be less than 10 cents" for new sub rates.

This is the issue, they knew how bad it was, knew how much people would hate it but lacked the basic professionalism to even tell people what'd they'd get paid in 5 days time.
They clearly knew, but refused to say.

I did mention this. But got banned ;)



SS drop this bombshell then lack the grace or even professionalism to have prepared some stats so we (especially those of us who make a living from this) aren't left mulling over whether we will be able to pay our bills. Even worse, dropping the bombshell  'not less then 10 cents' . This is unforgivable

« Reply #534 on: June 01, 2020, 09:10 »
+8
Done.

« Reply #535 on: June 01, 2020, 09:14 »
+2
From now, on my social media channels, I will be referring to SS as the Pavlovsky agency aka Shutterstock I hope others will join me.

« Reply #536 on: June 01, 2020, 09:16 »
+4
I am a Russian contributor.
Though I'm not really active in russain speaking contributors community, i can help deliver the message or translate something.
Feel free to PM me if you need me :)

What I'd like to know is what this news means to the Russian contributors and whether they are planning to switch off their portfolios today in a coordinated action, or do they silently accept the royalty changes? If the Russian Shutterstock community is as big as some say, together they could do a lot of damage to Shutterstock.

« Reply #537 on: June 01, 2020, 10:03 »
+3
Whow, I always knew their community was much larger than ours.

Nearly 200 000members and currently 1300 people online.

https://translate.google.com/translate?sl=auto&tl=en&u=http%3A%2F%2Fwww.microstock.ru

By he way here is a commercial notice that SS is paying out their dividend in a few days.

They are unaffected by the pandemic if the dividend is safe. They are lucky.

Perhaps if enough contributors were also shareholders, they would then at least talk to the producer community?

How many shares/people would it need to to get a voting minimum?

The stock price hss dropped a lot.

https://simplywall.st/stocks/us/retail/nyse-sstk/shutterstock/news/shutterstock-inc-nysesstk-is-about-to-go-ex-dividend-and-it-pays-a-1-8-yield/

I love the app simply wall street by the way, very helpful.

The app considers he sstk share to be very overvalued, they estimate the correct price to be around 10 dollas, not 37 dollars.

Just an app of course.But it is rare to see a result like this.

Maybe another reason they must bring up earnings quickly.

https://simplywall.st/stocks/de/retail/bst-s3t/shutterstock-shares
« Last Edit: June 01, 2020, 10:29 by cobalt »

« Reply #538 on: June 01, 2020, 10:37 »
+1
I am a Russian contributor.
Though I'm not really active in russain speaking contributors community, i can help deliver the message or translate something.
Feel free to PM me if you need me :)

What I'd like to know is what this news means to the Russian contributors and whether they are planning to switch off their portfolios today in a coordinated action, or do they silently accept the royalty changes? If the Russian Shutterstock community is as big as some say, together they could do a lot of damage to Shutterstock.

I skimmed the forum a bit. Seems like most of them are just confused and are waiting for the new numbers to drop. The problem is, many contributors simply can't afford to switch off their accounts. They complain, yes, but I wouldn't expect much action from them.

Justanotherphotographer

« Reply #539 on: June 01, 2020, 10:44 »
+3
I am a Russian contributor.
Though I'm not really active in russain speaking contributors community, i can help deliver the message or translate something.
Feel free to PM me if you need me :)

What I'd like to know is what this news means to the Russian contributors and whether they are planning to switch off their portfolios today in a coordinated action, or do they silently accept the royalty changes? If the Russian Shutterstock community is as big as some say, together they could do a lot of damage to Shutterstock.

I skimmed the forum a bit. Seems like most of them are just confused and are waiting for the new numbers to drop. The problem is, many contributors simply can't afford to switch off their accounts. They complain, yes, but I wouldn't expect much action from them.
The Russian contributor community has always been at the forefront of any action in my experience. I can't imagine our Russian brothers and sisters are going to let themselves be walked over this time either.

« Reply #540 on: June 01, 2020, 10:59 »
+3
I am a Russian contributor.
Though I'm not really active in russain speaking contributors community, i can help deliver the message or translate something.
Feel free to PM me if you need me :)

What I'd like to know is what this news means to the Russian contributors and whether they are planning to switch off their portfolios today in a coordinated action, or do they silently accept the royalty changes? If the Russian Shutterstock community is as big as some say, together they could do a lot of damage to Shutterstock.

I skimmed the forum a bit. Seems like most of them are just confused and are waiting for the new numbers to drop. The problem is, many contributors simply can't afford to switch off their accounts. They complain, yes, but I wouldn't expect much action from them.
The Russian contributor community has always been at the forefront of any action in my experience. I can't imagine our Russian brothers and sisters are going to let themselves be walked over this time either.

Yes, I think the Fotolia D-Day thing really took off when the Russian community joined. Or was it even starting from them? I don't exactly know, but they had an important part in the movement. Pages about the protest were also available in Russian, etc...

« Reply #541 on: June 01, 2020, 11:05 »
+5
I think hardly anyone will be motivated to upload for a while and aggressively focus uploads elsewhere.

In the end it is the only insurance artists have, diversify more to be less dependent.

If SS comes bakck with a better offer or postpones it all, it will be different.

Agencies would love to sell our content as cheap as possible, because THEY make it up un volume, we dont.

But if the individual sales value drops - 10 cents, 2 cents...the upload volume goes down quite drastically.

Those who do it as a side incime will jus shift their attention elsewhere. Many contributors only upload to one agency.

The pros can simply not supply a site that doesnt give reliable income. Also they might not want to devalue their product.

Others will split their files - the best content and series to agencies that pay more, or to exclusive places. The outtakes and test shots go to the low value places.

istock is missing a lot of excellent content, especially in video, because top level producers avoid them.

Adobe and pond5 already have made an agreement to share he video content. So they are building something stronger together.

Shutterstock will not disappear, but it will be a very different place.

Adobe will become stronger with their help.


« Reply #542 on: June 01, 2020, 11:11 »
+3
I am a Russian contributor.
Though I'm not really active in russain speaking contributors community, i can help deliver the message or translate something.
Feel free to PM me if you need me :)

What I'd like to know is what this news means to the Russian contributors and whether they are planning to switch off their portfolios today in a coordinated action, or do they silently accept the royalty changes? If the Russian Shutterstock community is as big as some say, together they could do a lot of damage to Shutterstock.

I skimmed the forum a bit. Seems like most of them are just confused and are waiting for the new numbers to drop. The problem is, many contributors simply can't afford to switch off their accounts. They complain, yes, but I wouldn't expect much action from them.

Thanks. Understandable, but I still hope that there will be some form of protest, one way or another. If they collectively stop uploading that would mean a lot already.

« Reply #543 on: June 01, 2020, 11:51 »
+6
The issue is that not doing a huge protest now means opening ourselves up for similar such treatment in the future. Not just by SS but by whosoever emerges as no1 after all this craziness

Sent from my HD1901 using Tapatalk


« Reply #544 on: June 01, 2020, 11:55 »
+1
From now, on my social media channels, I will be referring to SS as the Pavlovsky agency aka Shutterstock I hope others will join me.
Would that make Jon Oringer "Pavlovsky's dog?"

« Reply #545 on: June 01, 2020, 12:07 »
+5
Aren't these new 0.10$ sales that keep popping in just...cute? So fuzzy and sweet and tiny....  And that they are also SODs instead of just SUBs, where we expected the 0.10$ sales, makes all of this so unexpected and exciting!
 ::)

« Reply #546 on: June 01, 2020, 12:10 »
+2
Aren't these new 0.10$ sales that keep popping in just...cute? So fuzzy and sweet and tiny....  And that they are also SODs instead of just SUBs, where we expected the 0.10$ sales, makes all of this so unexpected and exciting!
 ::)

Thats interesting in a way.

We were told the SODs for sub value were things like FB adverts and so on NOT subscriptions.
So it seems we get 10 cents for those as well NOT just subscriptions.

« Reply #547 on: June 01, 2020, 12:12 »
+1

Thats interesting in a way.

We were told the SODs for sub value were things like FB adverts and so on NOT subscriptions.
So it seems we get 10 cents for those as well NOT just subscriptions.

The 0.10$ SODs might possibly be a mistake and supposed to be SUBs. At least I just had a customer download two images who frequently buys from me (always same city and same topic of images, so I know it's the same) and the images used to be SUBs previously and are now listed under SODs.


« Reply #548 on: June 01, 2020, 12:14 »
+7
Looks that way - they cant even get the robbing contributors bit correct.  Everything is appearing as an SOD.

« Reply #549 on: June 01, 2020, 12:27 »
+8
Just sold my first 10 cent image. I will most likely delete my videos in a month. I will wait several months on images, but I suspect this will be my last year with SS. Not angry, don't expect them to change their business model. Now that it doesn't work for me, I will simply move on to something different and more lucrative. Not the first time I had to pivot because a company changed direction, wont be the last.


 

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