RESTON, VA — Videoblocks (www.videoblocks.com), a subscription-based provider of unlimited royalty-free stock video, announced the official public launch of a new Marketplace that allows members to purchase an additional 200,000 premium clips directly from its contributor community. VideoBlocks will take 0 percent commission on all Marketplace sales, and instead says it will pass on the savings to its members — an average savings of 40 percent, or about $30 per HD download when compared to competitive sites.
VideoBlocks announced late in 2014 that all contributors to the Marketplace would be rewarded with 100 percent of commissions from every sale. As a result, more than 200,000 clips have been uploaded to the Marketplace from over 1,000 different contributors worldwide in just under three months.
“Since first announcing the Marketplace in late 2014, the response from the contributor community has surpassed our wildest expectations,” says Joel Holland, founder and CEO of VideoBlocks.
“We’re now incredibly excited to open up the Marketplace to our customers, who already conduct millions of searches for video clips every month.”
The new Marketplace Library will be an additional benefit to VideoBlocks customers, who currently pay an average of $99 per year for unlimited downloads from VideoBlocks’ Unlimited Library, which now includes more than $10MM worth of HD video clips, After Effects templates, motion backgrounds and lower thirds. Similarly, the option to buy individual clips directly from contributors in the new, separate Marketplace Library will also be a members-only benefit.
“We want to do for stock media what Amazon has done with its Prime Instant Video and On Demand video libraries,” adds Holland. “Our existing Unlimited Library provides a diverse collection of stock that’s included for free with your VideoBlocks membership, but in the event you have more specific needs for a project we want to be sure you don’t need to leave the site to meet them. Our customers told us that the combination of our Unlimited Library with a new Marketplace would save them both time and money, so we built it for them.”
VideoBlocks will continue to invest heavily in adding new content to its Unlimited Library. At the same time customers can purchase additional clips directly from VideoBlocks contributors in the Marketplace for $49 per HD clip, $199 for 4K, and $19 to $49 for a template.