What are your thoughts on this merger? Let us know below. Also, check a more detailed financial analysis of Getty + Shutterstock merger here: seekingalpha.com/article/4749467-why-the-getty-and-shutterstock-merger-does-not-make-it-a-buy
@@BlokhinFilms Their revenue growth, how they pay contributors, yearly payouts, what percentage of the market they hold and what's your prediction as to how they are going to be affected by the recent merge. Thank you!
Thanks for the suggestion. Unfortunately, Adobe does not disclose its stock content sales in public filings. I looked into that before. But, I will do my best in the next video!
Another thing the combined company will have: more resources and a larger base for training AI to generate pictures and footage. It will reduce dependence on those pesky, expensive contributors. You can already see the AI infiltration into recent RUclips videos.
Absolutely. I don't know though what will happen to Getty when AI training is largely done or the need for real imagery subsides. Getty does not have its own AI algorithm and will be dependent on OpenAI and the likes more than OpenAI on Getty at some point. There is a possibility that this generative ai thing backfires on them big time.
Hi. Do you recommend this K&F Concept 64 inch/163cm Camera Tripod? What backpack can you recommend on Amazon that doesn't exceed the airline's size limit for taking on the plane? Thanks
We stopped traveling with camera bags several years ago. They were too bulky and inconvenient. Instead we do 1 carry-on and 1 compact backpack per person. That way, we don't check in anything. Everything is with us all the time. We pack our gear into these bags with no problem. Here is a review of what we use: ruclips.net/video/ZMtA6r2QbDk/видео.html As for the travel tripod, we use this one reviewed here: ruclips.net/video/u1R9A_ULdD0/видео.html. It is not the smallest and most compact one. But, it is relatively inexpensive and quite steady, which is important for us. We do take it apart and put it in a carry-on bag. If you need a smaller travel tripod than the one we use, there are trade-offs to be aware of, like they will be less steady and potentially shaky. Hope this helps!
Hi@@BlokhinFilms. Thanks for the information. Unfortunately is very expensive for me. I have a Neewer backpack. The camera I have is the 550D and the lenses I have are the Canon 10-18, the 18-55 and the 55-250mm. The tripod can support 20kg, right? What cheap Canon lens can you recommend me for taking pictures of the moon? Portuguese greetings. Thanks
You said that Getty will make shutterstock payout cuts? How lower can it get from 10 cents per download Shutterstock have now? Milions left when ss cut from 0/38 to 0.1 and it was a best decision i ever made. You missed the most important info for contributors, payout per download price. Never made a comparison between Getty and Shutterstock pay/dl? I was on SS from start, suspended my account when they cut our sales. Most of the best stock photographers left then. SS choose fast money rather then steady income from quality. Now they have to merge to say afloat.
Pay per download data varies and is very hard to estimate even from their 10-K financials. If you know this data, let us know. The goal of this video was to show that there are more pay cuts on the horizon for SS. I don't think it matters for Getty what pay per downloads is.
@BlokhinFilms no it doesnt vary. One vector or photo subscription download on ss is 10 cents for contributor. How can you say that getty will lower this? Are you really on shutterstock?
We are on both SS and iStock and I know what I am talking about. 10c is the min SS pays for downloads from very large sub plans. The pay per download is likely around $1 for an average SS photographer. That's what we got for the past 12 month. If you ask other contributors, their pay per download may be below $1. That is why I said it varies. I can't say for sure for Getty. They lump lots of stuff and pay varies. Our pay per download for Getty is lower than SS but can vary from year to year. This is our experience of course.
@@BlokhinFilms there is a chart for ss revenues where everybody can see. Sub price stays the same even if you pass in higher grades. And the grade resets every year. EL sales are few and random. I use to earn 1000 $ with 0.38 price. I refused to accept pay cut to 0.10. If basic price is 0.10 i dont know how you got to 1 $ per download? Maybe you sell many Extended sales? Maybe your portfolio is special.Or you sell videos for 1.5$. Dont know. You can see in you profit chart the years that ss drove contributors away. They have a big spike in earnongs from cutting costs and than in next years fall of profit. In those moments owners sold stocks but ss started going downhill. They were the best once and a great community but they are not that for years. I see no way of this merger cutting down 10 cents sales. Getty would be foolish to do so. Maybe an increase to Getty prices per dl would get me back.
Shutterstock publishes 10-K along with revenue per download (photos + videos). The numbers are there. We fall approximately where the average is. Our portfolio has a good mix of both photos and videos. Photos earn much, much less than videos on average. Thats a fact. Our photos are average and we get a good mix of royalties from different types of sales (exteneded, subs). For photos alone, it is not 10c/download but multiples of that. 10c is just a minimum. Overall, we keep saying on this channel that a good mix of photos and videos is a must these days. And no, you are mistaken, Getty has room to cut SS contributor payouts. This marriage depends on that.
Gettys in my opinion protects the photographers who are gettys exclusive photographers and parks other exclusive photographers as Istock, and now shutterstock.
Getty has some other exclusive relationships with top photographers that probably have better pay terms. I knew a few in the past. But either way, the mass majority of Shutterstock photographers will see reductions in their pay. It is inevitable. If you look at their merger terms, it becomes clear that it is pedicated on that. Getty will squeeze as much as they can, otherwise they will be in trouble with taking on so much debt (likely, almost another $1 billion) to buy Shutterstock.
@@BlokhinFilms The Gettys stable top photographers from what I understand do get better pay, the rest of the photgraphers are parked in Istock where the commission are lower as access to the top tier is restricted.
Of course. They are top photographers for a reason. I have seen some of the work of one top Getty photographer and it is something else on a completely different level. Some of their photos end up on book covers with thousands and thousands dollars in royalties to photographer (Getty gets more of course).
What are your thoughts on this merger? Let us know below. Also, check a more detailed financial analysis of Getty + Shutterstock merger here: seekingalpha.com/article/4749467-why-the-getty-and-shutterstock-merger-does-not-make-it-a-buy
The bottom has not been reached yet. I am glad that it will not fall below 0.01$ per sale :)
who knows 🤣 maybe that's their next thing: charge contributors listing fees (or something)...
Thank you for the elaborate explanation! Can you please make a comparison to the competitors like Adobe Stock?
Which features for example do you have in mind for comparison?
@@BlokhinFilms Their revenue growth, how they pay contributors, yearly payouts, what percentage of the market they hold and what's your prediction as to how they are going to be affected by the recent merge. Thank you!
Thanks for the suggestion. Unfortunately, Adobe does not disclose its stock content sales in public filings. I looked into that before. But, I will do my best in the next video!
@@BlokhinFilms Thank you! I appreciate your response.
Another thing the combined company will have: more resources and a larger base for training AI to generate pictures and footage. It will reduce dependence on those pesky, expensive contributors. You can already see the AI infiltration into recent RUclips videos.
Absolutely. I don't know though what will happen to Getty when AI training is largely done or the need for real imagery subsides. Getty does not have its own AI algorithm and will be dependent on OpenAI and the likes more than OpenAI on Getty at some point. There is a possibility that this generative ai thing backfires on them big time.
what can stock photographer do about commission cuts?
quit agency(s) en masse temporarily, forcing agency(s) to retreat, IMO...
It is not that easy.
Hi.
Do you recommend this K&F Concept 64 inch/163cm Camera Tripod?
What backpack can you recommend on Amazon that doesn't exceed the airline's size limit for taking on the plane?
Thanks
We stopped traveling with camera bags several years ago. They were too bulky and inconvenient. Instead we do 1 carry-on and 1 compact backpack per person. That way, we don't check in anything. Everything is with us all the time. We pack our gear into these bags with no problem. Here is a review of what we use: ruclips.net/video/ZMtA6r2QbDk/видео.html
As for the travel tripod, we use this one reviewed here: ruclips.net/video/u1R9A_ULdD0/видео.html. It is not the smallest and most compact one. But, it is relatively inexpensive and quite steady, which is important for us. We do take it apart and put it in a carry-on bag. If you need a smaller travel tripod than the one we use, there are trade-offs to be aware of, like they will be less steady and potentially shaky. Hope this helps!
Hi@@BlokhinFilms. Thanks for the information. Unfortunately is very expensive for me. I have a Neewer backpack.
The camera I have is the 550D and the lenses I have are the Canon 10-18, the 18-55 and the 55-250mm.
The tripod can support 20kg, right?
What cheap Canon lens can you recommend me for taking pictures of the moon?
Portuguese greetings.
Thanks
@bananaukra3235 sorry, not an expert on Canon lenses.
@ No worries. Thanks
Cheers!
You said that Getty will make shutterstock payout cuts? How lower can it get from 10 cents per download Shutterstock have now? Milions left when ss cut from 0/38 to 0.1 and it was a best decision i ever made. You missed the most important info for contributors, payout per download price. Never made a comparison between Getty and Shutterstock pay/dl? I was on SS from start, suspended my account when they cut our sales. Most of the best stock photographers left then. SS choose fast money rather then steady income from quality. Now they have to merge to say afloat.
Pay per download data varies and is very hard to estimate even from their 10-K financials. If you know this data, let us know. The goal of this video was to show that there are more pay cuts on the horizon for SS. I don't think it matters for Getty what pay per downloads is.
@BlokhinFilms no it doesnt vary. One vector or photo subscription download on ss is 10 cents for contributor. How can you say that getty will lower this? Are you really on shutterstock?
We are on both SS and iStock and I know what I am talking about. 10c is the min SS pays for downloads from very large sub plans. The pay per download is likely around $1 for an average SS photographer. That's what we got for the past 12 month. If you ask other contributors, their pay per download may be below $1. That is why I said it varies.
I can't say for sure for Getty. They lump lots of stuff and pay varies. Our pay per download for Getty is lower than SS but can vary from year to year. This is our experience of course.
@@BlokhinFilms there is a chart for ss revenues where everybody can see. Sub price stays the same even if you pass in higher grades. And the grade resets every year. EL sales are few and random. I use to earn 1000 $ with 0.38 price. I refused to accept pay cut to 0.10. If basic price is 0.10 i dont know how you got to 1 $ per download? Maybe you sell many Extended sales? Maybe your portfolio is special.Or you sell videos for 1.5$. Dont know. You can see in you profit chart the years that ss drove contributors away. They have a big spike in earnongs from cutting costs and than in next years fall of profit. In those moments owners sold stocks but ss started going downhill. They were the best once and a great community but they are not that for years. I see no way of this merger cutting down 10 cents sales. Getty would be foolish to do so. Maybe an increase to Getty prices per dl would get me back.
Shutterstock publishes 10-K along with revenue per download (photos + videos). The numbers are there. We fall approximately where the average is. Our portfolio has a good mix of both photos and videos. Photos earn much, much less than videos on average. Thats a fact. Our photos are average and we get a good mix of royalties from different types of sales (exteneded, subs). For photos alone, it is not 10c/download but multiples of that. 10c is just a minimum. Overall, we keep saying on this channel that a good mix of photos and videos is a must these days. And no, you are mistaken, Getty has room to cut SS contributor payouts. This marriage depends on that.
Gettys in my opinion protects the photographers who are gettys exclusive photographers and parks other exclusive photographers as Istock, and now shutterstock.
Getty has some other exclusive relationships with top photographers that probably have better pay terms. I knew a few in the past. But either way, the mass majority of Shutterstock photographers will see reductions in their pay. It is inevitable. If you look at their merger terms, it becomes clear that it is pedicated on that. Getty will squeeze as much as they can, otherwise they will be in trouble with taking on so much debt (likely, almost another $1 billion) to buy Shutterstock.
@@BlokhinFilms The Gettys stable top photographers from what I understand do get better pay, the rest of the photgraphers are parked in Istock where the commission are lower as access to the top tier is restricted.
Of course. They are top photographers for a reason. I have seen some of the work of one top Getty photographer and it is something else on a completely different level. Some of their photos end up on book covers with thousands and thousands dollars in royalties to photographer (Getty gets more of course).