Here’s what the contributors need to know:
- For the first time, Shutterstock is offering customers in certain markets the option to purchase one Shutterstock image download at a time.
- Shutterstock's current packages and their royalty rates will not be impacted by this change.
- Shutterstock is using a percentage-based earnings model for this new standard license single-image product, and other products they may test and or launch in the future. This will let them experiment with new offerings in a way that remains fair to contributors.
Under the new single-image pricing they are testing, customers can download any Shutterstock image with a standard license for a set price. Shutterstock designed this product to attract new customers who aren’t currently making purchases at Shutterstock.
Royalty rates for this product range from 20% to 30% depending on the contributors lifetime earnings at Shutterstock. They designed these percentages to be very close to what the contributor currently earn for On Demand downloads. You will see these sales recorded in the “Single & Other Downloads” column of your Download Stats page.
For more info take a look at the Shutterbuzz post.