Reaction to Shutterstocks raise

There has been a big reaction to Shutterstocks latest raise, the majority of it not good. The common view is that Shutterstock doubled their price to buyers so the payout to photographers should have gone up more than it did. Add that to the fact the photographers with less than $500 don't get a pay rise seems to have upset a lot of other people, judging on the discussions that when on at the Yahoo microstock group.

My view is that it is a 10% pay rise for all but the news contributors, and 20%+ for some. This is an annual pay rise in that they have given at least a 10% pay rise for the last 3 years. I look forward to another 20% increase next year as well.

See the reaction for some of the other microstock bloggers:

Lee Torrens
MangiaPhoto
NiltoMil 1 NiltoMil 2