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Photobucket's dumped the $399 fee - back to normal


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#1 n9949y

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Posted 02 July 2018 - 03:40 PM

Photobucket’s experiment with being a $399.99 premium service is over, and so too is the tenure of the CEO who led it. The Denver-based photo storing service on Thursday revealed it has slashed its prices and restored millions of photos around the internet hoping to mollify millions of customers it angered last year.

 

“It’s the first step of many to restore the trust of customers,” said Ted Leonard, Photobucket’s new CEO.

 

He became CFO at the 15-year-old company in October, after it surprised users worldwide by starting to charge $399.99 for hosting a large number of photos and being able to post them on third-party blogs, ecommerce sites and elsewhere.

 

John Corpus, Photobucket’s CEO at the time, defended the change, saying a subscription model was necessary given the disparity between the online ad revenue Photobucket’s website generated and the expense of hosting billions of images its 90 million customers stored with Photobucket.

 

But the pricing, especially the $399.99 a year service that enabled posting images on third-party sites, didn’t convert a meaningful number of Photobucket users into paying subscribers, Leonard said Thursday.

 

“There’s not a one-plan-fits-all approach to image hosting,” he said. “We can build a subscriber-based business without charging more money than the perceived value of the service.”

 

Leonard became CEO in March. The company has spent the weeks since them coming up with new pricing and strategies to make 90 million customers happy and generate revenue.

 

The new prices start at $1.99 per month for 10 gigabytes of images stored and rise to $3.99 monthly for 20 gigabytes and $8.99 for two terabytes of storage. All the plans enable third-party hosting for a $2.49 monthly add-on price.

 

Photobucket on Wednesday also turned back on millions of users’ images that were still linked to around the web. 

 

Denver Business Journal, May 17, 2018

 

 


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#2 havlicek

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Posted 02 July 2018 - 06:35 PM

Meh...who cares?  They shot themselves...and a lot of other people, in the foot big-time.


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#3 Don Weaver

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Posted 02 July 2018 - 06:43 PM

Hope this brings back a lot of "lost" SlotBlog pictures.....


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#4 havlicek

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Posted 02 July 2018 - 06:49 PM

Hope this brings back a lot of "lost" SlotBlog pictures.....

 

 

I think it has Don.  Looking at the two "Arm Winding" threads, it seems as though the pictures are there now.  QUICK...somebody DL and archive all 7,264 pages!  :D


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#5 gotboostedvr6

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Posted 03 July 2018 - 08:05 AM

Rutroe olle

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#6 Phil Hackett

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Posted 03 July 2018 - 10:07 AM

I think the days of photo hosting are over. Anyone can get DropBox or equivalent for free and host pictures from there. The cloud is killing these photo sites. Photobucket just kicked itself. Now the looooong trip back.. if they make it....


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