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500Px Cuts Royalty Rates From 70% To 30%


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#1 PeterPP

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Posted 21 March 2016 - 10:28 PM

Breaking news if you were using 500px to try to sell images.

In an effort to create more profits by squeezing the creatives that supply them with images they are cutting their pay out rates from 70% to 30% .

 

http://petapixel.com...clusive-photos/


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#2 Bill Peppas

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Posted 22 March 2016 - 03:41 AM

They're doing everything they can to drag themselves into a sinkhole...

First the bad algorithm allowing terrible images to hit the front page.
And now this.
I guess they don't care about losing a decent percent of their userbase...



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#3 PeterPP

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Posted 22 March 2016 - 09:24 AM

They have also opened a version of 500px in China http://500px.me/ to "sell" all the images.

 

I see from the comments in their user communities a lot of former contributors are not so happy and are freezing their uploads or are pulling out altogether.

 

https://500px.com/gr...w-royalty-rates

http://www.microstoc...-strikes-again/

 

It really is to bad, I had originally liked what they were trying to do


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#4 ChrisWeeks3d

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Posted 31 March 2016 - 11:17 AM

Is that right?  I read the announcement as saying royalties for 500px exclusives are dropping from 70% to 60%, and non-exclusives are going to 30% from... whatever they were before.  Still a distrubing trend



#5 JestePhotography

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Posted 31 March 2016 - 11:34 AM

That is colorectal correct.

#6 NathanZaremskiy

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Posted 27 June 2016 - 05:48 PM

They have also opened a version of 500px in China http://500px.me/ to "sell" all the images.

 

I see from the comments in their user communities a lot of former contributors are not so happy and are freezing their uploads or are pulling out altogether.

 

https://500px.com/gr...w-royalty-rates

http://www.microstoc...-strikes-again/

 

It really is to bad, I had originally liked what they were trying to do

I hate 500px.me, I've discovered my old photos which have been deleted for months on there, I didn't even know about them! Never notified, 500px is going down a steep hill very fast.



#7 JestePhotography

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Posted 27 June 2016 - 08:18 PM

I "joined" but refuse to upload anything...




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