December GPP Payout

Ryan 9 Dec 2022 15:15
Hi Folks,

Recently, many artists received payouts labeled as GPP program licensing transactions. Please know that all of these payments are related to the remaining balances owed to our Pond5 artists for Adobe Stock subscription sales through our previous partnership with Adobe. As you may know, we have terminated our partnership with Adobe as of July 29th, and while we had previously communicated the final payment would occur at the end of the summer, we later learned there was additional licensing activity that took place during the wind-down period of the partnership. These payments now represent the final transactions, in full settlement of amounts owed to our Pond5 artists under the partnership.

We apologize for the confusion and thank you for your patience as we process these payments. Please feel free to reach out to us at support@pond5.com with any questions.

Ryan
MidWestStockFootage 9 Dec 2022 19:21
Nearly finished uploading all of my files to Adobe and I am actually grateful for P5 terminating the partnership. Getting more sales on Adobe than on Pond5.
singletrack500m572 9 Dec 2022 20:06
MidWestStockFootage

Does "getting more sales on Adobe" mean you're making money there? It used to be us P5 contributors chose P5 because a guy couldn't make any money on other stock websites, now that's changed?
MidWestStockFootage 10 Dec 2022 04:18
For the most part, any sale is "making money". But to answer what I think you are asking... I do not have enough clips in my portfolio anyway to make "money". With my projected payouts from Pond5 this month (I have more than one account), I expect to make less than $2k this year from Pond5. Since manually uploading my clips to Adobe this year, I expect to make about the same from Adobe, but with less than 1/3rd of my Pond5 clips on Adobe, I have sold 3 times what I sell on Pond5 over the past 3 months. And the only way I can expect that to change positively is to triple my portfolio in the next 12 months and keep going uploading at that ate. But with all of the agencies doing deep discounts and the unlikeliness of my adding the many thousands of clips I would need to see what I would like, this is more about extra cash for occasional nights out with the family and giving me something to do that I enjoy doing.
singletrack500m572 10 Dec 2022 11:58
MidWestStockFootage:

Not to pry too much into your business but Adobe had (has) the reputation of not paying much. But since P5 is sort of in that category now, my real question is: is whatever $ you're making at Adobe just because of volume? IOW, $10 licensing fees times X amount of sales adds up to dinners with the family?

So to extrapolate, "making money" here at P5 and at Adobe has basically become the same process: upload thousands of clips hoping for a bunch of sales at rock bottom prices? Sounds kinda depressing to me, that's really not why I signed up here at P5 late last year
PCDMedia 10 Dec 2022 13:00
@MidWestStockFootage "Since manually uploading my clips to Adobe this year...... I have sold 3 times what I sell on Pond5 over the past 3 months."

Curious about what percentage of those Adobe sales during this period were subscription sales?
dnavarrojr 10 Dec 2022 18:14
Roughly half are subscription sales in the $2-$3 range. About the same as the discounts Pond5 has been giving on more than half my sales.
Norma46637 21 Dec 2022 22:13
I'm new here, and if I had one placement somewhere I would be very happy. I don't know why. I guess it's, because I never thought that I could even have my music compositions accepted anywhere. It's such an honor to be able to be heard by anyone. Enjoy your holiday everyone. Have a happy new year too.
singletrack500m572 21 Dec 2022 22:46
Norma46637

Just don't give away your content for the "exposure". Newbies always do that and that's what P5 is counting on, new folks basically giving away their work. What's the point?
MidWestStockFootage 22 Dec 2022 00:18
@singletrack500m572

With Pond5 pretty much selling clips at whatever they want, as opposed to what we price them at, I don't think it matters as much as it used to.
1 2 >
Jump to page