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Hello ,
It's worth talking about the changes going on in the industry
Shutterstock announced in a post on its contributor forum that it’s putting a new earnings structure in place starting June 1, 2020.
Under the new structure, contributors will get compensated via a percentage of the sales price based on the ‘level’ their photo or videos are rated.
People are angry and rightfully so. Some calling this the "nail in the coffin" with their earnings being cut by 50%. See one user's comment:
But what else can you do, because how long will it be before other agencies follow suit?
We just want to point out that though YayImages is not the #1 agency. We believe we can be one of the top 10 and be an innovative, growing, distribution channel for your content. We have had a 50% commission on your sales, for 12 years.
Additionally, right now, we are offering a 20% commission on any referrals you make. In some cases, that's equal to the new commission you would earn on Shutterstock.
How Referral Commissions Work:
Refer another contributor using your link and earn a 20% commission on your referrals earnings, commissions are valid for a 2 year period.