royaltystructure

A new "Stock Coalition" made up of photographers, illustrators, animators, and filmmakers from around the world is calling for a "global shutdown of Shutterstock portfolios" to protest the recent change to the stock giant's royalty structure. The industry body is asking contributors to disable their accounts for "at least one week" starting today.

Yesterday, Shutterstock unveiled a new "earnings structure" (i.e. royalty system) on the company forum, and to say photographers are upset would be an understatement. Contributors are furious, going so far as to start a Change.org petition demanding that the change not go through.