Important Notice About Payouts For Authors and Referrers

*Please read this additional post on the new maximum earnings feature for more information.
Important Clarification on the New Maximum Earnings Feature

Yesterday authors should have received an email informing them that there will be a change in payouts effective from the 1st of January 2008. The email notice said the following:

New earnings payment system
As of January 15th 2009, you will be provided with a new feature allowing you to automatically withdraw your final earnings balance for the month.

For example: If you select this option on January 16th, then a withdraw request will be automatically submitted for your total earnings balance up until January 31st at 11:59:59pm.

For those members who like to withdraw their maximum earning each month this tool will be extremely useful – no more missing the payment request cutoff by mistake!

The original withdraw system will also remain in place, allowing you to continue to withdraw specific amounts from your earnings balance.

New payment date
As of January 2009 all of the months earning payments will be issued on the 15th of following month *.
For example, all earning withdraw requests from January 1st to January 31st will be paid out on February 15th *.

• December withdrawal request processed on 1st January
• January withdrawal request processed on 15th February*
• February withdrawal request processed on 15th March*

This new payment system will save authors time and will allow Envato to continue to make timely monthly payouts to a variety of account types. Thank you for your understanding while we make this transition and for your continued support.

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*If the 15th falls on a weekend or public holiday, the payment will be made on the following business day Australian Standard Time (no exceptions).

We apologize for any inconvenience while we make this transition to the new payout date. Recent site growth and increased incidences of attempted fraud have made it necessary to implement increased payment processing time. Please direct any questions, concerns or comments to this thread where they will be reviewed and answered by staff.

Again, thank you for your understanding and support.

100K Members Surprise Giveaway!

While I previously mentioned that the Envato marketplaces hit a combined total of 100,000 members on December 8, 2008, I failed to mention the surprise giveaway to the 100,000th registered member!

User MediumJones must have been pretty shocked when immediately after creating his account, he was granted with a gift of $250 for hitting that tremendous milestone.

Congratulations MediumJones! Have fun with your shopping spree. I wonder whats in store for 200K!

A Glimpse of What’s to Come!

Hello everyone, I’d like to start off by officially announcing that I am going to be the site manager of VideoHive! I’m extremely happy VH is finally upon us and can’t wait to see some great works from all of you! Now let me break down a few new features, and a few changes you can expect to see when VideoHive launches in just a few short hours!

With the new site, the decision was made that now would be the perfect time to spruce things up a bit. There are a few new file sections, some small changes to upload requirements, and a very impressive preview player. Yes, yes, very exciting stuff!

First things first. As things currently stand all files fall under the “video” category within FlashDen. And then the files are all broken down by category. Now videos will be separated into sections, by file type, and then broken down into categories. Here are the new sections.

• Motion Graphics
• Stock Footage
• Project Files

Each of these sections will have their own category set, to help further describe the style of your file. No worries for all of you current authors. The edit tab on your files will allow for you to change the categories.

Next on to the new upload requirements. For the most part everything is the same, with some minor tweaks.

• Starting with the VideoHive launch, all preview videos must be uploaded in the FLV format.
• Preview videos will need to come in within a specified range of resolutions. The preview player is no longer limited to 320×240. Again, they will need to be in the FLV format. But now authors have the ability to display a larger preview video. More specific instructions will be provided at launch within the updated author instructions.
• For main files, we now require that your main file be provided as Quicktime MOV files only. Quicktime is generally a standard format in the video world, and getting all files and authors on the same page, will help the site progress to the next level.

Okay, that just about covers most of the big changes. There still are a few tricks up the sleeve, and you’re gonna have to wait to see. But trust me when I say VideoHive is going to great and I look forward to seeing everyone there!