"Looking back on the first quarter of 2007, we are happy to confirm that demand remains strong for all of our products. As a result, payouts to you, our submitters, are increasing each month. [...]
Of course, you, our submitters, are a critical part of the equation, so we are delighted to announce an increase in your payout rate. It works like this:
- If you have earned $500 in sales from Shutterstock, we will increase your payment per Standard License download to 30¢ per download. This is a raise of 5¢ (20%) per download and will go into effect May 1st, 2007.
- If you have not yet reached this point, the current payout of 25¢ per download will remain in force. At midnight on the day on which your earnings hit $500, you will automatically be upgraded in our system to the higher rate, and that rate will apply going forward."