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Founders of Envato (Photodune) are to exit the industry following an acquisition by Shutterstock


Read more on this story at StockPhotoSecrets

 

also see:

Envato founders exit in 373 million deal

 


Shutterstock have announced reaching 1 billion dollars paid out to contrubutors. The figure is calculated across all sites in the shutterstock network, bigstock and offset, and includes both royalties and referral commissions.

The graph shown in their blog post immediately caught my interest - not sure why but graphs with dodgy axis always scream out at me... (this was indeed quite inconvenient when watching Al Gore on his scissor lift)

The numbers plotted out on a linear scale are shown below, a distinct slow down in payouts since 2015 is revealed.


If you're an istock contributor you will already be aware of the new Getty images "ESP" submission platform coming soon and the closure of the existing submission system at istockphoto (aka "xnet"). Somewhat annoyingly the powers that be have decided not to migrate data from the old platform; said platform has been somewhat hobbled for the past couple of months anyway, but now is an excellent time to take a look at the stats over the years before they're gone for good!

I started uploading to iStockphoto in 2003. A lot has changed - I’m not even 100% certain I wasn't still on dial up in the UK, if not I was certainly on my first cable modem with 600Kbits/s symmetric (and wow did I think that was the dogs dangalies back then...)

 

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