There have been some discussions about the possibilities we as photographers and stock photo contributors have when agencies make changes to our disadvantage. I often hear “well, we don’t have much choice, do we?”, sometimes hidden behind other reasoning. Well, while I still do business with a lot of agencies that I don’t like or don’t find worth supporting, here is what we allcan do: Support platforms that offer a different approach. Those that pay more. The ones asking higher prices. There isn’t much we can do about more and more people trying to make money from the images nor change the fact that today almost everyone owns one kind of camera. But we can spread our wings and find out for ourselves if other places out there might offer a better deal for us. Continue Reading →
October 25, 2016
by Michael Jay Fotograf 2 Comments
Getty has sent out an announcement today with details about the long awaited change in their royalty system. The new system is to replace the Redeemed Credit (RC) system which was introduced five years ago to reduce the growing percentage of royalties paid to contributors but became unusable for many years now since the introduction of a flat rate per image independent of size and the image subscriptions. Today, roughly 80% of downloads on iStock are coming from subscription customers. The new system is supposed to be more transparent but blatantly fails to be just that. It adds complexity, it adds confusion, it adds intransparency. And it ends up in a pay cut for a large number of users. Continue Reading →
October 25, 2016
by Michael Jay Fotograf Comments Off on How many stock images are subscription customers licensing effectively?
As a regular discussion point amongst stock contributors, there is a question how many images of their daily or monthly package subscription buyers of stock images at sites like Shutterstock, iStock or Adobe Stock are actually using.
Reverse engineering subscription usage
The easiest way is to look at Shutterstock’s price plans:
Exciting news: Today’s newest update to Adobe Lightroom – version 6.7 or if you are subscribed to the Creative Cloud version 2015.7 – fully (almost) integrates submission to Adobe Stock and Fotolia now!
The update screen for Lightroom 6.7 / CC 2015.7
As you can see from the screen above, the news is exciting for Adobe as well: Lightroom now allows direct publishing of images to Adobe Stock and – desptite not being mentioned here – Fotolia. For contributors, both selling platforms are connected and integrated in the background, so it is easy to use for both, existing and new suppliers.
Here is what you get from Adobe Stock in short:
Direct submission from Lightroom without FTP software or website uploads
(almost) Full integration with the Fotolia website and existing submissions
It’s been more than two years since I wrote How to make $200 from Shutterstock, iStockphoto or Fotolia?, my most read post up to date. A lot of little changes happened in those two years that add up. The libraries in all agencies have grown bigger, maybe even doubled in size. And my personal focus had shifted from microstock to premium agencies where images are being licensed for $20 or $50 or sometimes $500 each. And I picked up a lot of other tasks to make money here and there. Now I wanted to see how those changes impacted the statements I had made in that article above two years ago.
From Zero to Hundred Dollars a month with microstock images