Shutterstock Photographer Forum :: View topic

imagist · Site Admin Joined: 21 Mar 2006 Posts: 246

Dear Shutterstock Submitter,

Looking back on the first four months of 2008, we are happy to confirm that demand remains strong for all of our products. As a result, our submitter payouts continue to increase each month, proving again that Shutterstock has become the go-to resource for high quality royalty-free visual content. We thank you for helping us develop one of the strongest libraries in the industry.

We remain committed to providing a strong financial incentive for you to continue to submit your best work, and we are delighted to announce changes in your payout rates. These changes will become effective over the next 12 hours. Here’s how they work:

• If you have earned $500 in lifetime earnings from Shutterstock, we will increase your payment per Standard License download to 33¢ per download. This is a raise of 3¢ (10%) per download over the current applicable rate of 30¢.

• If you have earned $3,000 in lifetime earnings, we will increase your payment per Standard License download to 36¢ per download. This is a raise of 6¢ (20%) per download over the current applicable rate of 30¢.

• If you have earned $10,000 in lifetime earnings, we will increase your payment per Standard License download to 38¢ per download. This is a raise of 8¢ (27%) per download over the current applicable rate of 30¢.

• If you have not yet reached these earnings levels, the current payout of 25¢ per download will remain in force. At midnight on the day your earnings hit these levels, you will automatically be upgraded in our system to the higher payout rate, and that rate will apply going forward.

• The royalty for Enhanced License downloads will increase to $28 per download for all submitters. This is a raise of $8 (40%) per download over the current rate of $20.

• All Referral, Footage, and CD-a-Month payout rates remain unchanged.

Of course, the fastest way to qualify for the higher payout rates is to submit more high-quality content. These earnings levels are not hard to reach as long as you submit your newest and best work to us.

In return, you can expect us to continue our marketing efforts, product development, and the heavy investment necessary to improve our technology. Our new footage subscription products are a great example of how all these things come together successfully, and there are many others in the pipeline. We continue to hire aggressively to improve our already excellent customer support, and we now offer full time support and site translations in eight foreign languages and counting. We will soon be launching beta versions of our French, German, and Spanish translated Submit sites, which will provide an even better experience for our submitters who are native speakers of these languages.

It is our pleasure to offer you this increase -- it is our way of thanking you again for your support, loyalty and, above all, your fantastic content.

Best Regards,
Shutterstock

peterkozikowski · Posted: Tue May 13, 2008 11:20 am

doubt you will find many poeple happy with this.

yewkeo · Joined: 25 Oct 2007 Posts: 93 Location: Kuala Lumpur

Thank You SS:)

sanka · Posted: Tue May 13, 2008 11:21 am

mantonino · Joined: 27 Oct 2004 Posts: 1090 Location: Syracuse, NY

This must be a joke. Please tell me this is a joke. Our threads about when this would be announced ticked everyone at SS off and so you gave us this to hold us over until it's really announced?

That or this is going to get heated quick.

shooterjt · Joined: 24 Nov 2005 Posts: 33

Ok, it's not April fools. Where is the real raise?

mack · Posted: Tue May 13, 2008 11:22 am

Hi SS,

Thanks for this raise. Under present circumstances it is fair especially for EL's.

Just need one more DL to reach $3000!

Regards,

Mack

xtuv · Joined: 31 Aug 2006 Posts: 198 Location: Netherlands

zastavkin · Posted: Tue May 13, 2008 11:23 am

Your better expand the scale for people with lifetime earnings over $50.000 and $100.000. That will keep top contributors away from exclusivity in another places and would give hope for bright future to all others

krisdog · Joined: 29 Jan 2006 Posts: 154 Location: United KIngdom

wow!! thanks very much. Great incentive for those not in the higher bands too

mantonino · Joined: 27 Oct 2004 Posts: 1090 Location: Syracuse, NY

Give me a brek · Posted: Tue May 13, 2008 11:23 am

3 cents??????? SS increases subscription prices 50% and we get 10%

thephotoguy · Joined: 23 Jun 2007 Posts: 385 Location: Virginia

I am going to go with the HEATED REALLY QUICK part.

algol · Joined: 03 Oct 2007 Posts: 380

Very disappointing.

robyvannucci · Posted: Tue May 13, 2008 11:24 am

Great!!!
TKS SS.
Roby from Italy