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Shutterstock Announces Acquisition of BigStockPhoto
Move signals Shutterstock’s expansion into the credit-based stock photo market
New York, September 23, 2009 –
Shutterstock, the world’s largest subscription-based stock photo agency, announced that it has acquired BigStockPhoto, a leading credit-based stock photo agency, headquartered in Davis, California. Financial terms of the deal were not disclosed.
“BigStockPhoto is a leader in the stock photo industry, and an excellent fit for Shutterstock as we expand into the credit-based market,” said Jon Oringer, founder and CEO of Shutterstock. “This addition will enable Shutterstock to better satisfy the diverse payment preferences of stock photo buyers worldwide.” According to the deal, BigStockPhoto will remain a separate entity, and Shutterstock plans to grow the company’s global presence by investing heavily in marketing, infrastructure and user experience. BigStockPhoto was founded in 2004 to provide an alternative to high-priced stock photography, and to create a marketplace for photographers to sell their work. In addition to its diverse library of 3.7 Million royalty-free photos and vectors, the agency has created a vibrant community of image buyers and submitters from around the world. Sobre Shutterstock® Fundada em 2003, a Shutterstock é a maior agência, com base em assinaturas, de fotos stock no mundo. Sua incrível coleção de fotos, ilustrações e vetores premium, associada a uma seleção de inovadores e descomplicados modelos de assinaturas, de interface amigável, fez da Shutterstock uma fonte confiável para uma base de clientes global em expansão. Uma indústria pioneira em vendas de imagens royalty-free através de assinaturas, Shutterstock também foi a primeira agência online a oferecer fotos editoriais e a lançar uma galeria de vídeos. A Shutterstock Vídeos oferece uma galeria abrangente de vídeo clipes royalty-free, disponíveis de forma individual ou através de assinatura. Para mais informações, por favor visite nosso site www.Shutterstock.com.
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