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 its more
than most competing subscription services offer.
Contributor benefits
The subscription model offers a new royalty stream that doesnt require you to upload images
a second time. Were also pleased to announce a higher royalty rate for contributors than
youll 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 youll 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, youll receive one-tenth of that pool.
The new rate card explains the downloads/royalties relationship in more detail. In your
dashboard, youll 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, were
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."