Facebook Twitter Instagram
    Stock Photo News
    • Pixify AI Keywording Tool Automates Metadata Input for your Stock Photos
    • Shutterstock Launches The Create Fund for Artists to Produce Current Content
    • Dreamstime Raises Royalty Rates by 10% to Aid Artists During Covid19 Pandemic
    • Shutterstock Updates Contributors Royalty Rates – New Download-Based Levels
    • Shutterstock’s Contributor Earnings Report is Out: $1 Billion in Royalties Paid!
    • Creating Stock Video vs Photos: 5 Reasons Why It’s Easier Than You Think (Including Higher Royalties)
    • Shutterstock Contributor App Now Enables Mobile Sign-Up
    • How to Use Google Trends to Identify Profitable Stock Photo Trends
    My Stock Photo
    • Home
    • News
    • Guides
      • Webinars
    • Stock Agencies
      • Microstock Agencies
    • Tools & Software
    • Photography
    • Stories
      • Interviews
    • Mobile Stock
    • Contact
      • About
      • Privacy Policy
    My Stock Photo
    You are at:Home»Microstock News»Dreamstime Raises Royalty Rates by 10% to Aid Artists During Covid19 Pandemic

    Dreamstime Raises Royalty Rates by 10% to Aid Artists During Covid19 Pandemic

    0
    By Amos Struck on June 1, 2020 Microstock News

    Renowned microstock agency Dreamstime informed all contributors that as part of their community-centred efforts to relieve the effects of the Covid19 pandemic, as of June 1st 2020 they are increasing all royalty rates by 10% of the royalty value.

    This raise applies to all sales and all royalty rate levels and hopes to aid artists that have lost other revenue streams during the world pandemic and consequent lockdowns and social distancing practices.

    This isn't the only move Dreamstime has made towards helping out during these trying times, but it is the first focused on the creative community rather than customers or the public.

    Dreamstime's 10% Royalty Rate Increase – How it Works

    As it was recently announced, starting June 1st, 2020, as a Dreamstime contributor, all your royalties will be increased by 10% of their value. So for example, if you were perceiving 50% royalties, you will now perceive 55% after the increase.

    This raise applies to all downloads and reaches all of their 620,000+ contributors, independently of exclusive or non-exclusive status. And will be maintained for as long as possible.

    However, as the pandemic affected the economy worldwide and all businesses have been impacted by it, the company does not make any promises as to how big or small that time frame might be.

    Dreamstime's Community-Aimed Efforts During Coronavirus Times

    The agency has said they are doing this small financial increase to try and help out those contributors who have lost other sources of income due to the worldwide Coronavirus pandemic and its effects on their activities –photographers who no longer can do photoshoots or take commissions, for example.

    Additionally, they have also put together resources for creatives, such as tutorials and guidelines to help them make the best out of their stock images during these times.

    Dreamstime's Actions to Help Everyone

    These are the most recent decisions Dreamstime has taken to assist its network of creatives in this challenging moment we are all going through. But the company has also taken action to help everybody else:

    • Society as a whole: Since March, Dreamstime donates 5% of their sales profits to the WHO Solidarity Response Fund, to help find treatment and a cure for Covid19 disease.
    • Employees: Dreamstime has mentioned they are committed to granting financial stability for their staff.
    • Customers: The agency makes it possible for subscribers to pause their plan for up to 2 months and resume it in hopefully better times, at no added charge.
    • NGOs: They are also giving away free subscriptions for NGOs and non-profit organizations needing visuals.

    What do you think about Dreamstime's efforts to help artists, customers, and everyone during this global pandemic? We'll love to hear it from you!

    Related posts:

    This Week on Microstock: Microstock Business: How Much Can You Earn, Most Downloaded Images on Dream...
    What's New on Microstock: Mobile Photography Webinar, Shutterstock Reached 500M, Creative Trends Inf...
    The iStock New Royalty Saga - Updated
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Amos Struck
    • Twitter
    • LinkedIn

    I write about the stock photo and microstock industry since 2006 on my several online-magazines. My goal for MyStockPhoto is to teach photographers and stock photographers how to sell more photos and earn money with their photography hobby.

    Related Posts

    Pixify AI Keywording Tool Automates Metadata Input for your Stock Photos

    Shutterstock Launches The Create Fund for Artists to Produce Current Content

    Shutterstock Updates Contributors Royalty Rates – New Download-Based Levels

    Leave A Reply Cancel Reply

    Recent Posts
    February 23, 2023

    Pixify AI Keywording Tool Automates Metadata Input for your Stock Photos

    December 11, 2020

    Shutterstock Launches The Create Fund for Artists to Produce Current Content

    June 1, 2020

    Dreamstime Raises Royalty Rates by 10% to Aid Artists During Covid19 Pandemic

    May 26, 2020

    Shutterstock Updates Contributors Royalty Rates – New Download-Based Levels

    December 10, 2019

    Shutterstock’s Contributor Earnings Report is Out: $1 Billion in Royalties Paid!

    Want to learn how the Pros sell their photos online?

    Signup for our weekly free newsletter!Click Here to get Free Help!
    • Recent
    • Popular
    • Top Reviews
    February 23, 2023

    Pixify AI Keywording Tool Automates Metadata Input for your Stock Photos

    December 11, 2020

    Shutterstock Launches The Create Fund for Artists to Produce Current Content

    June 1, 2020

    Dreamstime Raises Royalty Rates by 10% to Aid Artists During Covid19 Pandemic

    May 26, 2020

    Shutterstock Updates Contributors Royalty Rates – New Download-Based Levels

    November 3, 2018

    How to Earn $500/Month with Stock Photography

    7.3
    May 25, 2009

    Dreamstime review

    July 21, 2017

    The Brutally Honest Guide to Microstock Photography – Review + Free Giveaway!

    September 10, 2009

    Fotolia’s top selling contributors

    9.0
    December 9, 2014

    StockPerformer Review – the ultimative stock photography analysis platform

    8.0
    May 23, 2014

    Book Review: Robert Kneschke – Stock Photography (Win a copy!)

    7.5
    May 8, 2014

    Meet Stockhub – a new Microstock Analytics Tool (In Beta)

    7.3
    May 25, 2009

    Dreamstime review

    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.