I have been writing this blog for four years, I have mentioned EyeEm a lot of times but so far I did not have a single article dedicated to them. That’s something totally uncalled for since they turned out to be one of the places that make good money for me month after month. In the first four months of 2017 alone, the royalties I received through them added up to $1,254.93 and I actually have some hopes this will continue to improve.
For some time now, and especially last year, there was a series of complaints brought forward by contributors about others pushing their serial images into searches and such blocking existing and other new content coming in. There certainly has been merit to those complaints, and it is most likely a difficult task to address this kind of problem. But Shutterstock’s reaction this week came rather out of the blue with the reviewing team actually rejecting images before even the blog post on the issue was published. Also it seems that the rejections at this point are far too extreme to make sense for either contributors or buyers.
Yesterday, Getty has uploaded the first sales report for iStock contributors into their ESP platform. As I explained in a blog post, it is the most terrible way to present data I can imagine. The PDF you can download contains all sales but it was probably designed in a time when the best stock photographers would get 100 sales a month, each paying $50-100, it doesn’t really make sense to go through dozens of pages for hundreds of subscription downloads. The TXT file you can download contains all the details, so there is a lot of information in there but about 80-90% of the spread sheet is unusable information, the formatting isn’t what I would call industry standards, so it isn’t really easy to get a good overview of what you sold. I tried to turn it into readable information for myself to get a better overview of what I sold and for how much.
“Increasing transparency” was what Getty Images announced in their second unification newsletter for iStock on November 15 of last year. Now the first report is available in their ESP system. You can download it as PDF which in my case is 28 pages; or you can export it “as a text file that can be imported into your favorite spreadsheet application”. I did this and got a spread sheet with hundreds of lines an 54 (!) columns. It doesn’t break up properly into a spread sheet because Getty is not capable of using a common format like “comma separated values” (CSV).
In a forum post, Shutterstock has announced they are “testing” (a rather common way of saying “introducing”) new price plans for some of their customers.
The new packages come in between the customers who are only occasionally shopping for images and go for an image pack and those who will use images almost daily and are better off with the subscription packages. From a market point, this offer somewhat makes sense as measure of customer retention.