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Articles from May 2020

Shutterstock Reduces Royalty Rates Dramatically

By Jim Pickerell | 1547 Words | Posted 5/29/2020 | Comments (1)
On May 26th Shutterstock announced that in an effort to cut costs and increase profits as of June 1, 2020 it would dramatically reduce future royalty rates paid to contributors. The new rates will no longer be based on a contributor’s lifetime earnings. At the beginning of each year all contributors will start with zero downloads/licenses and a 15% royalty rate. Previous sales history will be disregarded when it comes to determining royalty percentage. The number of downloads needed to rise to a higher royalty level are as follows:

Shutterstock Ten Year History

By Jim Pickerell | 704 Words | Posted 5/1/2020 | Comments
The chart below allows you to easily track the last 10-year growth trend of Shutterstock quarter-by-quarter and see the number of images in the collection, number of downloads and the gross quarterly revenue at the end of each quarter. You can also see the average revenue-per-download and revenue-per-image-in-the-collection trends.

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This stock photography news site focuses on the business side of photography with a special emphasis on stock photography. Our goal is to help photographers maximize their earnings based on the quality of their work and the commitment they are prepared to make to the trade. The information provided will be applicable to part-timers as well as full time professional photographers. We’ll leave it to others to teach photographers how to take better pictures.

Jim Pickerell launched his career as a photographer in 1963. In 1990 he began publishing a regular newsletter on stock photography. In 1995 the information was made available online as well as in print and was gradually expanded to a daily service. Click here for Pickerell's full biography.

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