Just got the email:

"Introducing Veer Subscriptions

Later this year, Veer will begin offering image buyers the opportunity to purchase monthly
and yearly image subscriptions through a Veer Subscriptions web site.

The new site will share registration functionality with veer.com, giving new and current
customers convenient access to a high volume of images at reduced prices. Customers will
be able to download 30 images each day, which should prove popular since it�s more
than most competing subscription services offer.

Contributor benefits
The subscription model offers a new royalty stream that doesn�t require you to upload images
a second time. We�re also pleased to announce a higher royalty rate for contributors than
you�ll find at competing microstock web sites, with royalties up to $3.75 per download.

As an added bonus, your subscription sales and earnings will be integrated with your current
dashboard view on veer.com, allowing you to keep track of everything in one place. No
additional tax paperwork or contributor agreements are necessary.

Pricing and royalties
Each active subscription has a daily royalty pool that is shared by contributors whose images
have been downloaded. The royalty pool is divided by the number of images downloaded to
determine the royalty split for that day.

Basic subscriptions have a base royalty pool and come with basic licenses. Extended
subscriptions, with extended protection plans and unlimited reproduction licenses, have a
base royalty pool of $3.75.

If a subscriber downloads one image � your image � you�ll get the entire pool for that
subscription, on that day. If a subscriber downloads 10 images in one day, and only one of
those images is yours, you�ll receive one-tenth of that pool.

The new rate card explains the downloads/royalties relationship in more detail. In your
dashboard, you�ll be able to tell how many other images a customer downloaded each day by
the royalty shown for any image listed.

Opting out
The subscription model described above is designed to be lucrative for the Veer contributor
community. As this is a new development that you might not have been anticipating, we�re
offering contributors a one-time opportunity to opt out. As of October 8, 2011, anyone who
applies to be a contributor will be automatically opted in.

To opt out, send an e-mail to [email protected] with the subject line �Subscription
opt-out.� In the body, provide your contributor alias (if applicable), the e-mail address you
registered with if different from this one, and include the message �I do not wish to participate
in the Veer Subscription program at this time. Please exclude my images from the subscription
web site.�

Opt-out e-mails must be time-stamped before 11:59 pm (PST), October 21, 2011."

I have quite a lot pictures at Veer that I don't have on any other microstocksite (uploaded them at a time there Snapvillage was midstock) so  I will opted-out. Subscription really becomes a kind of new pest, but kudos to Veer that they offer an opted-out, much appreciated.

I wish that sites would list the lowest possible royalties instead of listing the highest possible royalties (which are usually meaningless), or at least the range. Nice of them to give us an opt out option though (for now?).

Subs EL sounds like a bad idea at these prices.

I have to say Veer really knows how to push me off the site. First, they decide to sell raster sizes for vectors. Then, they make it tedious to upload by requiring extra high resolution jpegs. Now, subs. They've done a lot to destroy that initial excitement of Dash for Cash. Oh well.

Thanks for posting the rates and the letter people (I didn't get it). I just opted out w/ a note saying that I thought the minimum was too low and that it was way too low for an EL license.

Hopefully if enough people opt out for these reasons they will amend the program to cover these concerns.

I did not receive the information directly but I sure as heck am going to let them know what I think and so should YOU!

What exactly should we all demand from them?

.10 cents payment is unacceptable for any size of download
EL's are unacceptable.
Placement on products is unacceptable
Maximum usage should be ______ (100,000 or less?)
Subscription downloads should be paid on a scalable credits system based on size

What have I missed?

Thanks. I'm out.

I'm definitely opting out. I have only a small number of files on Veer (painful upload and glacial review process), so quitting altogether if they later drop the opt out will be easy.

If they are serious about having a subscription offering, they'll need to do something about reviewing so they can keep a stream of new content coming to subscribers. Perhaps they're really doing this to dump a bunch of wholly owned content into a subs plan and outside contributors just suffer the collateral damage of industry-worst compensation

Any company who thinks paying a contributor 13 cents for an extended license is FAIR is out of its freaking gourd! I am opting out unless some sanity prevails.

And I was beginning to like Veer for giving half decent contributor royalties.

I noticed that if you apply after Oct 8 you are automatically included in this subs program. Anyone that might want to apply to Veer in the future, I suggest you apply now.

I don't understand the logic here - the more images a subscriber downloads daily the less a contributor gets?

I can't see why anyone would accept this.  Why don't sites ask some of us befroe they announce things like this?  Now they're going to get bombarded with opt out emails.  It also tarnishes their reputation, EL's that cheap are a big insult to contributors.

Where's the veer rep here?  I would like to see an apology and an alteration to those EL commissions or my enthusiasm to upload anything new to veer will take a hit.  I'm not sending my opt out email straight away, lets see if they can dig their way out of this mess and make some quick changes.