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Joined: 22 Oct 2004
Posts: 1881
Location: New York, NY

Post Posted: Mon Apr 23, 2007 3:34 pm     Reply with quote

Hello again.

Looking back on the first quarter of 2007, we are happy to confirm that demand remains strong for all of our products. As a result, payouts to you, our submitters, are increasing each month, proving again that Shutterstock has become the go-to resource for high quality royalty-free imagery. We thank you for helping us develop one of the strongest image libraries in the business.

On our end, we have made tremendous investments in product development, marketing, and operations to ensure that growth is swift and smooth. We now have a full line of products and licenses, including custom multi-seat licenses for larger companies. We have a team of 25 full-time employees and an aggressive marketing campaign to get the word out. Furthermore, we have spent considerable funds to ensure that we have the servers and bandwidth necessary to streamline the photo submission process and deliver the goods to our customers.

Of course, you, our submitters, are a critical part of the equation, so we are delighted to announce an increase in your payout rate. It works like this:

- If you have earned $500 or more in sales from Shutterstock, we will increase your payment per Standard License download to 30¢ per download. This is a raise of 5¢ (20%) per download and will go into effect May 1st, 2007.

- If you have not yet reached this point, the current payout of 25¢ per download will remain in force. At midnight on the day on which your earnings hit $500, you will automatically be upgraded in our system to the higher rate, and that rate will apply going forward.

Of course, the fastest way to qualify for the higher rate is to submit even more high-quality images. Our subscribers can't wait to see them…

It is our pleasure to offer this increase—it's our way of thanking you again for your support, loyalty and, above all, your fantastic images. Please keep them coming!


Jon Oringer, Founder/CEO

Last edited by shutterstock on Thu Sep 20, 2007 9:42 pm; edited 4 times in total

Joined: 15 Jun 2005
Posts: 1822
Location: Oradea, Romania

Post Posted: Mon Apr 23, 2007 3:36 pm     Reply with quote

Great news, thank you :)

Joined: 30 Oct 2004
Posts: 82
Location: Christchurch, New Zealand

Post Posted: Mon Apr 23, 2007 3:41 pm     Reply with quote

Thanks very much, that's great news!

Joined: 06 Jul 2006
Posts: 5

Post Posted: Mon Apr 23, 2007 3:43 pm     Reply with quote

Thanks! I guess I'm going to have to get busy. Great goal to shoot for.


Joined: 15 Feb 2006
Posts: 1878
Location: Queen City

Post Posted: Mon Apr 23, 2007 3:47 pm     Reply with quote


Joined: 29 Mar 2006
Posts: 291
Location: Kiwi in the UK www.antclausen.com

Post Posted: Mon Apr 23, 2007 3:49 pm     Reply with quote

Nice one mate! Yeeeeeeeeeaaaaaaaahhhhhhhhhhh

I'm grabbing my camera as we speak! ha ha...

Joined: 16 Jun 2006
Posts: 444
Location: Ghent, Belgium

Post Posted: Mon Apr 23, 2007 3:50 pm     Reply with quote


Joined: 30 Mar 2006
Posts: 136
Location: Transylvania, Romania

Post Posted: Mon Apr 23, 2007 3:51 pm     Reply with quote

Can't wait for 1st of May! Thank you!

Joined: 02 Jul 2006
Posts: 50
Location: Canada

Post Posted: Mon Apr 23, 2007 3:54 pm     Reply with quote

Sweet deal! :O)


Joined: 05 Feb 2005
Posts: 447
Location: Århus, Denmark

Post Posted: Mon Apr 23, 2007 3:57 pm     Reply with quote

Stunning. What a difference this will make.

Joined: 20 Dec 2005
Posts: 3052
Location: Prague (Czech Republic) http://hospitalera.com

Post Posted: Mon Apr 23, 2007 3:58 pm     Reply with quote

Thank you!

I am just $1.20 away from the $500 threshold, that I should manage until the 1th May! SY

Joined: 22 Nov 2005
Posts: 11

Post Posted: Mon Apr 23, 2007 3:59 pm     Reply with quote

Great! Thanks!!
Gregor Buir

Joined: 14 Jun 2006
Posts: 918
Location: Netherlands

Post Posted: Mon Apr 23, 2007 4:01 pm     Reply with quote

Bummer! Thought I get a raise!
Now I have to wait another few months! :(

Joined: 21 Nov 2006
Posts: 216

Post Posted: Mon Apr 23, 2007 4:07 pm     Reply with quote

It would be interesting to see what the breakdown of total sales between folks with over 500$ and those with less is.

I guess I'll thank you in a few months.

Joined: 16 Mar 2005
Posts: 5115
Location: For videos of our shoots: https://vimeo.com/shootsimaging

Post Posted: Mon Apr 23, 2007 4:09 pm     Reply with quote


So, My understanding is correct that all sales from the 1st of may is going up at the new rate after you have earned a total of $500 at SS, not $500 for that month...

Thanx for the hard work you guys at the backend have done to make it possible to be a part of this business!!!

Nobody says it much, but we actually do appreciate you and the efforts :D
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