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Shutterstock®, Inc. Acquires Assets of Competitor Photosights.com
Subscription-Based Stock Photography Agency Steps Up Expansion with its First Acquisition

Deal Coincides with Company Milestone: Shutterstock's Photo Library Hits 500,000 Images
   Shutterstock® (www.Shutterstock.com) is pleased to announce that the acquisition of the assets of stock photo agency Photosights.com is now complete. Through the deal Shutterstock has increased its customer base, recruited new professional photographers to the site, and gained access to new images to consider for its library of premium royalty-free photographs, an unparalleled collection that, as of this week, now exceeds half a million images. The acquisition is in line with the company's strategy of rapid growth based on providing the best service possible - in this case, an accessible and highly successful subscription model - to the creative community.

"We're very excited about what this means for Shutterstock," said CEO Jon Oringer. "With the assets of Photosights.com, we.re able to offer Shutterstock clients, existing and new, an even stronger service than before."

The deal will accelerate the pace of growth for Shutterstock's photo library (the site already adds over 5,000 images each week) as images from Photosight.com are evaluated by Shutterstock screeners and, if accepted, posted to the site. Photosight.com's photographers are encouraged to resubmit their photos to Shutterstock immediately to expedite the approval process and begin earning money from Shutterstock customer downloads. Photographers who had 2,500 images or more on the now defunct site are eligible for a 'fast track' acclimation to facilitate their transition to Shutterstock.

The deal is particularly newsworthy given how unusual it is for a company of Shutterstock's size to acquire the assets of a competitor. "Shutterstock's model seems to be working, and we will continue to act aggressively to improve our product, build our business, and increase our market share," said Oringer.

Űber Shutterstock®
Gegründet im Jahr 2003, ist Shutterstock die grösste Stock Foto Agentur auf Abonnements-Basis in der Welt. Eine hervorragende Sammlung erstklassischer Bilder, Illustrationen und Vektorgrafiken kombiniert mit einem benutzerfreundlichen Abonnement-Modell hat Shutterstock zu einer bewährten Ressource für eine zunehmende globale Kundenbasis gemacht. Im Verkauf lizensfreier Bilder auf Abo-Basis ist Shutterstock ein Industrie Pionier. Shutterstock war auch die erste Bildagentur die redaktionelle Bilder offerierte und eine Videosammlung ins Netz gestellt hat. Shutterstock Video bietet eine umfassende Sammlung an lizensfreien Videos, die pro Clip oder mit einem Abo erhältich sind. Für weitere Information besuchen Sie bitte www.Shutterstock.de.

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