Hi all. We have some upcoming updates that will affect Authors on Envato Market and Elements.
These updates include:
- Minor updates to our Elements Author Agreement and Envato Market Author Terms
- Changes to Envato Elements Enterprise Subscription revenue share
We have aimed to make these changes as clear as possible, but head to our Author Hub for a more comprehensive explanation and FAQs.
So, what’s being updated and how does it affect me?
We are refreshing our author terms for both Elements and Market
We are updating our terms of service which include the current Elements Author Agreement and Envato Market Author Terms.
These updates are beneficial to our community and are designed to make our terms and conditions clearer and easier to read - providing you with further transparency as an Envato author. We encourage you to read our summary of the main changes in plain language on the Author Hub.
These updates will take effect on 2 Oct 2023, and you can view them in full at the following links:
You don’t need to take any action to accept the updated terms. By continuing to use Envato Market and Elements after this time, you agree to the updated terms.
We are adjusting author revenue share for Elements Enterprise subscriptions
Our customers on Elements have the option of multiple plan types. One of these is our Enterprise plan - a custom plan suitable for organizations, agencies and teams of six or more.
From the revenue period beginning October 1 2023, we will be reducing the percentage of revenue that Authors receive from Enterprise subscriptions from 50% to 25%.
This decision takes into consideration the overall costs associated with growing our Enterprise business- including increased indemnification, dedicated support and account management, as compared to our regular self-serve subscriptions.
Please note that this change will not make a significant impact on your current earnings as Enterprise makes up only a very small proportion of our overall revenue. Our ability to invest more effectively to grow and scale our Enterprise offering in coming years will benefit both our author community and Envato.
This change will not impact your regular Elements subscription share, which will remain at 50%.
If you have questions, we have outlined the details of the Enterprise subscription revenue share changes as well as the terms changes in this article on our Author Hub. Please read through the changes, and ask here if you have further questions about them.