For immediate release
Shutterstock's Library Hits 5 Million Images - the Fastest Growing Collection in the Online Stock Photo Industry
World's largest subscription-based online photo agency continues to thrive, adding over 70,000 high quality images per week
New York, November 3, 2008 -
Shutterstock®, the world's largest subscription-based online stock photo agency, today announced the landmark addition of its 5 millionth image to the company's extensive collection of premium stock photos. Thanks to its popular subscription-based model, speedy review process, and consistent stream of quality submissions, Shutterstock continues to hit new industry growth milestones while maintaining high standards of image quality.
"Since January, we have added over 2 million new royalty-free images to our library, and our weekly library growth rate has recently reached more than 70,000 new images per week," said Jon Oringer, founder and CEO of Shutterstock. "We are extremely proud to reach the 5 million image mark, especially while maintaining our stringent standards for accepting new images. We are certainly grateful to our global base of more than 120,000 talented submitters who provide our subscribers with a steady pipeline of great creative content."
Shutterstock's diverse library provides a wealth of fresh creative and editorial content, rivaling traditional stock photography agencies, yet at far lower prices. This has allowed the company to flourish despite the current worldwide economic downturn.
"As media companies and creative firms look for ways to save money, more and more decision makers are choosing Shutterstock to provide high quality stock images at significant savings," said Adam Riggs, president of Shutterstock. "Since launching Shutterstock, we have remained committed to providing the best content at affordable prices. That's why we're confident that we will continue to meet the demands of today's marketplace."
Shutterstock is a leading global provider of high-quality licensed photographs, vectors, illustrations and videos to businesses, marketing agencies and media organizations around the world.
Shutterstock works closely with its growing contributor community of photographers, videographers, illustrators and designers to curate a global marketplace for royalty-free imagery. Shutterstock adds tens of thousands of rights-cleared images each week, and with more than 25 million images currently available, the company recently surpassed 300-million image downloads.
Headquartered in New York City, Shutterstock also owns Bigstock, a value-oriented stock media agency.
For more information, please visit http://www.shutterstock.com, and follow Shutterstock on Twitter or on Facebook.