Shutterstock (www.shutterstock.com) announced today that its image library--comprised of premium photographs, vectors, and illustrations--has passed the 3 million images mark. This is a landmark accomplishment in the microstock category, and signifies remarkable growth for the company: one million images were added to the collection in the last seven months alone. Shutterstock approves about 30,000 images every week, just a percentage of those submitted, and posts them to the site immediately. This steady growth ensures that subscriber searches constantly turn up fresh content. In a market that relies so heavily on new and striking imagery to communicate, this has been a major selling point for Shutterstock within in the creative community.

"We are very proud of our growth," said Jon Oringer, Shutterstock Founder and CEO. "Our team is incredibly hard-working and dedicated to the integrity of the collection even as it expands beyond our expectations."

Changes at Shutterstock Footage™

As the still image library continued to explode over the past months, major changes were afoot at Shutterstock Footage, Shutterstock's stock video capability (footage.shutterstock.com). Shutterstock was the first of its competitors to branch into video, in the spring of 2006, and many of its subscribers immediately became customers at the footage site. With Shutterstock Footage, the company set itself the goal to do for moving images what it had done for still: build a high-quality collection, make it available through an accessible interface, and become an indispensable resource to the industry. Shutterstock Footage has performed well since its launch, consistently adding new clips and enhancing functionality. This month, the site made its biggest announcement to date: it lowered its prices across the board.

"The change to the pricing structure at Shutterstock Footage is extremely advantageous for our video customers," said Oringer. "Our analysis of the video market shows that this is the best strategy to grow Shutterstock Footage, offering the finest service to our customers and meeting our own goals as a company."

The new Shutterstock Footage prices are as follows:

High Definition (1080px)	$50
High Definition (720px)	$40
Standard Definition/PAL/NTSC (480px)	$30
Low Resolution (240px)	$10

About Shutterstock®
Founded in 2003, Shutterstock is the largest subscription-based stock photo agency in the world. Its outstanding collection of premium photos, illustrations, and vectors combined with a selection of innovative, user-friendly subscription plans has made Shutterstock a trusted resource for an expanding global customer base. An industry pioneer in selling royalty-free stock by subscription, Shutterstock was also the first online photo agency to offer editorial photos and launch a video library. Shutterstock Footage offers a comprehensive library of royalty-free video clips available on a per-clip basis or by subscription. For more information, visit www.Shutterstock.com.