subscription service for music and sound effects.
DavidHornchurch
1 Jun 2022 15:57
just received an email stating subscription service for music and sfx from the 7th june, the artists commision will not be affected, maybe its testing the water but i doubt if the commision rate can be maintained, is this the start of shutterstock policy on pond5 ??
PCDMedia
1 Jun 2022 17:01
Commission rates could be maintained.
But they'll be radically discounting per-asset prices in subscriptions compared to ala carte asset prices. Do the math - 60% of $10 a lot less than 60% of $50.
Artist payouts will likely be devastated even with current commission maintained.
Meaningful artist sale volume increases due to subscriptions a fallacy for most.
But they'll be radically discounting per-asset prices in subscriptions compared to ala carte asset prices. Do the math - 60% of $10 a lot less than 60% of $50.
Artist payouts will likely be devastated even with current commission maintained.
Meaningful artist sale volume increases due to subscriptions a fallacy for most.