RESTON, Va., April 24, 2017 /PRNewswire/ -- VideoBlocks, the first subscription-based provider of royalty-free stock media, today announced the launch of its artist-friendly stock Photo Marketplace that will reward photo contributors with 100 percent commission from their sales.
In a market where stock photo prices have dropped while commissions have been cut, VideoBlocks believes photographers deserve more. On a mission to democratize stock media and provide creative content that everyone can afford, VideoBlocks' new Marketplace will be comprised of images sourced from the industry's most talented photographers and content creators.
Given the high demand for stock photos by its members, with more than half of customers downloading photos in just the past year, VideoBlocks sees this new product as the logical next step in expanding its existing service offerings and providing the mass creative community with access to the highest quality, and most affordable, stock media available.
"The success of our Video Marketplace, helping artists earn more through our unrivaled 100% commissions, as well as the incredible choice and savings we have passed on to our members, gave us the confidence that we could build a truly different kind of Photo Marketplace," said TJ Leonard, CEO of VideoBlocks. "Our members told us they were fed up with expiring credits and pricing schemes that required a calculator to figure out what you were paying for an image. They wanted a simple, affordable, on demand photo solution. What better way to do this than to open it up to our talented, creative community to contribute? With this model, everyone wins."
The new Photo Marketplace will mirror the business model and success of its Video Marketplace predecessor. Launched in 2015, the Video Marketplace has given back more than $6 million by providing 100 percent commission to content creators. It has built a library of over four million videos years faster than its predecessors, and VideoBlocks' over 200,000 members enjoy a 40 percent discount on the entire archive.
The first to make 3D virtual reality, 360-degree stock video content accessible to the mass creative class, VideoBlocks has continued to increase its disruptive product portfolio and provide access to high-quality digital media assets at the most affordable price. Just this past year, VideoBlocks surpassed 100 million downloads, a testament to their loyal community hungry to create and contribute the best quality of stock media assets.
For additional information on VideoBlocks' Photo Marketplace or to become a contributor, please visit: contribute.videoblocks.com
VideoBlocks is a profitable, venture-backed stock media company recognized in 2014 by Inc. Magazine as the eleventh fastest growing media company in the United States. Together with its sister sites GraphicStock and AudioBlocks, VideoBlocks empowers customers to enhance their creative projects, ranging from professional production studios like NBC, Discovery and MTV to prosumers and enthusiasts like college students, religious organizations and video-editing hobbyists. Founder and Executive Chairman, Joel Holland has been named one of the "Top 25 Entrepreneurs Under 25" by BusinessWeek Magazine, "Young Entrepreneur of the Year" by the United States Small Business Administration, "Entrepreneur of the Year" by Ernst and Young for the Greater Washington DC Region, and made Inc. Magazine's prestigious "30 Under 30" list in 2013. The company is based in Reston, Virginia.
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