MicrostockGroup
Agency Based Discussion => Shutterstock.com => Topic started by: U11 on July 12, 2016, 12:32
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http://www.streetinsider.com/Corporate+News/Shutterstock+(SSTK)+Enters+Image+Licensing+Deal+with+Google/11822331.html (http://www.streetinsider.com/Corporate+News/Shutterstock+(SSTK)+Enters+Image+Licensing+Deal+with+Google/11822331.html)
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Another "exciting opportunity" for contributors...
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Could be a big thing!
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Sadly experience makes me wary of exciting new initiatives........
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I sent a note to support asking what this means for contributors - will it work like the Facebook deal that we get a subscription royalty for the limited use only within the ad, or something different.
I also suggested it'd be good to let contributors know what this means for them when they put out a press release about a new deal. I checked blog and forum announcements and didn't see anything.
Almost as if they really didn't think it important to keep us informed... I'll post here if I receive a reply
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I sent a note to support asking what this means for contributors - will it work like the Facebook deal that we get a subscription royalty for the limited use only within the ad, or something different.
I also suggested it'd be good to let contributors know what this means for them when they put out a press release about a new deal. I checked blog and forum announcements and didn't see anything.
Almost as if they really didn't think it important to keep us informed... I'll post here if I receive a reply
Bottom of their priority list.......
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I was pleasantly surprised to receive a reply from SS contributor support to my question about royalties.
We'll get the same as or more than the on demand image royalties for the small/medium size where the usage rights are more limited than the standard RF license. There were no more details on the limits.
So more than the FB deal provides us but they get a larger size.
The money will show up in the SOD column. I had an SOD today for $1.28 - my normal sm/med on demand royalty is $1.24. Possibly this was one of those? Impossible to know.
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I was pleasantly surprised to receive a reply from SS contributor support to my question about royalties.
We'll get the same as or more than the on demand image royalties for the small/medium size where the usage rights are more limited than the standard RF license. There were no more details on the limits.
So more than the FB deal provides us but they get a larger size.
The money will show up in the SOD column. I had an SOD today for $1.28 - my normal sm/med on demand royalty is $1.24. Possibly this was one of those? Impossible to know.
Good news! If it was getty/IStock I'm sure they would be giving us a fraction of a cent.
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Thanks Joanne. I saw that press release yesterday and was hoping someone here had the scoop. Only subs for me today but good to know what to expect.