A global marketplace for imagery, powering a new era of creativity

Founded in 2003 and headquartered in New York City, Shutterstock is a leading provider of digital imagery licensing, operating in more than 150 countries and 20 languages. As a two-sided marketplace, our mission is to connect creative business professionals with the best photos, vectors, illustrations and video from thousands of contributors around the world.

  • Company name Shutterstock, Inc.
  • Year Established 2003
  • Main Office Empire State Building
    350 Fifth Avenue, 21st Floor
    New York, NY 10118
    USA
  • Main Business Licensing of stock photographs, vectors, illustrations and videos.
  • APAC Business Development Director Sean Mooney
  • Number of Employees 400+ employees
  • URL www.shutterstock.com

Revenue and Stock

Global Revenue (USD$)

Fiscal Year: January 1 — December 31

  • 2010$83 million
  • 2011$120 million (44% increase)
  • 2012$170 million (41% increase)
  • 2013$236 million (38% increase)

Stock Exchange

  • New York Stock Exchange (NYSE)
  • Ticker symbol: SSTK (Common Stock)

Market Capitalization

  • $2,932,986,000 as of December 31, 2013

History and Highlights

Corporate History

  • 2003 Shutterstock founded in New York, NY; English site launched
  • 2005 Japanese site launched
  • 2006 Launched video footage site
  • 2007 Launched celebrity and news photo coverage (Editorial)
  • 2008 Added 'On Demand' purchase option
  • 2009 Acquired Bigstock (a value-oriented stock media company)
  • 2011 Shutterstock app for iPad launched
  • 2012 Shutterstock listed on the NYSE stock exchange

2013 Highlights

  • Jan 8 Shutterstock strengthens site accessibility with addition of four new languages, Turkish, Hungarian, Polish, and Czech
  • Mar 21 Shutterstock launches Spectrum, an innovative new way to search for images by color
  • Aug 8 Shutterstock expands Asian reach with launch of website in Korean and Thai
  • Aug 15 Shutterstock opens first international office in London
  • Sep 24 Shutterstock launches Offset, a new marketplace for extraordinary RF imagery
  • Oct 31 Shutterstock opens European headquarters in Berlin, Germany
  • Dec 10 Shutterstock Android Mobile App launched

Shutterstock has nearly 1 million paying customers in more than 150 countries.

Shutterstock offers images from over 55,000 approved contributors from more than 100 countries.

Leadership

  • Jon Oringer

    Founder & CEO

  • Thilo Semmelbauer

    President & COO

  • Tim Bixby

    CFO

  • Jim Chou

    CTO

  • Miles Williams

    VP, Marketing

  • Wyatt Jenkins

    VP, Product

  • Scott Braut

    VP, Content

  • Nick Flynn

    VP, Sales & Account Management

  • Tracy Kim

    VP, People Strategy and Operations

  • Gerd Mittmann

    VP, International

  • Michael Lesser

    VP, General Counsel

  • Ben Pfeifer

    VP, New Business

  • David Fraga

    VP, Corporate Development

Board of Directors

  • Jon Oringer Director (Founder, CEO and Chairman, Shutterstock)
  • Steven Berns Director (EVP & CFO, Tribune Co.)
  • Jeff Epstein Director (Former EVP & CFO, Oracle)
  • Thomas Evans Director (Former President & CEO, Bankrate)
  • Jeffery Lieberman Director (Managing Director, Insight Venture Partners)
  • Jonathan Miller Director (Former Chairman & CEO, Digital Media Group at News Corp.)
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