Watch this short video from Pond5 CEO Jason Teichman about our new licenses.
Please take time to review our updated agreements:
How do I participate in Pond5’s new licensing program?
No action is required on your part.The new licenses will automatically be available for all of your commercial video, images, illustrations, AE, and 3D files.
When does this new product offering launch?
In a couple weeks, you’ll see it across the site — we’re currently just finishing up testing and quality assurance before releasing it to the public.
How do the new licenses make me more money?
Our new licenses offer you an entirely new stream of income previously unavailable on Pond5. By providing more indemnification and extra seats on all of your assets, we can attract larger, more frequent customers, giving you the opportunity to earn even more with every purchase. Along with these new offerings, our growing sales team can better serve these customers, and is completely dedicated to bringing you the business you deserve.
How can I calculate what I’m being paid?
Your 50% share is factored out of the Net Revenue for each sale. Net Revenue is the item sale price (which you set), plus the Extended License charge, minus a legal guarantee fee to cover our insurance costs for providing higher levels of indemnification, along with any discounts that may have been applied. Here’s an illustrative breakdown:
I noticed that contributors are required to share in discounts. Why is that?
Our goal is to maximize your business on Pond5, and from time to time, discounts may be offered to secure larger sales on your behalf. These discounts will be divided between you and Pond5 in our usual 50/50 split. Sometimes these discounts will apply to the Extended License, sometimes to the asset or the entire order. In all cases, we split these discounts with you 50/50 and will only offer these discounts when we need to in order to secure the sale.
Where can I see how much I get paid?
You’ll be able to view license purchases in the same area as the rest of your sales. Once you’re logged in, access your payment history via the My Financials tab from your Dashboard.
How will I get paid?
You'll still be paid the same way as you are currently — nothing has changed here. Payments are made collectively on the 15th of every month, via the payment system you’ve chosen as your preferred method. (Our $25 minimum payment still applies.)
You can review your payout preferences here.
How does our Extended License compare to competitors?
- Some of the highest levels of indemnification in the industry
- Unlimited seats for a competitive price, which opens the door to bigger companies that require more collaboration
- A 50/50 net license revenue split — way above the industry average
- One of the few marketplaces that gives you the ability to set your own prices