Important Update for Our Author Community: Shutterstock + Envato

Thank you for your feedback. I’d still like to make a few clarifications.

I owe a lot to Envato, and I’m very grateful for what Envato has given us all over the years. If it were possible to be reassured about our future as authors, in particular to have guarantees that the platform and our level of remuneration as authors would be maintained, I would immediately abandon the project for a new independent platform.

It seems that Envato is not currently in a position to offer these guarantees, hence the general concern of authors who find their livelihood uncertain and precarious.

As far as I’m concerned, it would be perfectly possible for me to sell my products independently if necessary. My sites are well referenced. My project is a collaborative one, not a personal business. I’m trying to organise something, not to lead it.

Once again, I’d like to thank Envato for everything you’ve done for us so far, but please understand that if we can’t be reassured about our future, we’re just trying not to sit on our hands.

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While this seems most challenging time in Envato’s history, Let’s just hope there will be

  1. New Set of customers from SS to Envato marketplaces
  2. Shorter Payment Settlement
  3. More revenue to Authors who drives traffic here and not capping the overall revenue
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I still don’t understand why Envato is selling its business.

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Having been through the Twenty20 sale to Envato when all the same negative things and gloomy predictions were being said among the creators, I would like to share with you all that an acquisition isn’t always a bad thing. Envato literally increased my earnings over 10x what I was making on T20 at the time of the sale. Change can be difficult, but I’m optimistic!

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I hope we will get rid of 30% tax. This would be the biggest improvement …

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Lol all your concerns… anyway one thing is 100% true, and that is, Envato is not running ads any more, so we’ll see what happens there with the new owners.

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Yes, sale stopped since they inform they sold the Company.

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:scream:

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Hello! In light of these news are there any chances that Envato will be placed to US tax residence as Shuterstock? Or it will remain Australian company with Australian tax residence?

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Hey there, will Envato continue advertising, or has that stopped since they announced the big news about their agreement to be acquired by Shutterstock? Right now, it feels as if VideoHive has pretty much frozen. Many thanks.

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Seem everything has been stopped no. Until SS come here, i think we should prepare for the new products and hope they could know how to to the right thing. Or we should sell our product ourselves.

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I see the last thing Envato should do for authors is allow all to take 100% earnings. Since you don’t pay for ads then please do not take percentage

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Great!

?

After the acquisition of Envato by Shutterstock, how will the commission system change? It is very important to know this.

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I don’t think anyone knows that yet. As a volunteer, I definitely don’t.

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According to your opinion, which might not be everyone’s.

I think shutterstock also struggling with contributors and other relative competitive sites. :fox_face:

Since the creation of Elements, if you were also concerned about the general decline in sales on Videohive.net
Why can’t we switch projects???

I wish you could integrate some AI training to make it better.