Shutterstock Reaches Milestone of 400 Million Images Licensed
NEW YORK, April 8, 2014Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery, today announced that it has sold over 400 million image licenses since its founding in 2003. This milestone highlights the company's increasing role in powering business communications worldwide. Today, nearly 1 million active customers license and download high-quality photos, vectors and illustrations at a rate of more than 3 image licenses per second."Businesses all over the world are communicating across a growing number of channels," said President Thilo Semmelbauer. "Shutterstock's powerful marketplace makes it easy for them to obtain high-quality, rights-cleared images," he added.Shutterstock has one of the world's largest libraries of licensable content, with over 35 million images and 1.5 million video clips currently available from 55,000 contributing artists. More than 30,000 images are added to the collection each day, ensuring a constant stream of new and exciting content to discover. The collection also features more than 2 million editorial images from celebrity red carpet and news events.To read more about this milestone and to see a collection of curated images, visit Shutterstock's blog.
About Shutterstock, Inc.
Shutterstock, Inc. (NYSE: SSTK), directly and through its group subsidiaries, is a leading global provider of high-quality licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. Working with its growing community of over 140,000 contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 90 million images and more than 5 million video clips available.
Headquartered in New York City, with offices in Amsterdam, Berlin, Chicago, Dallas, Denver, London, Los Angeles, Montreal, Paris, San Francisco, and Silicon Valley, Shutterstock has customers in more than 150 countries. The company also owns Bigstock, a value-oriented stock media agency; Offset, a high-end image collection; PremiumBeat a curated royalty-free music library; Rex Features, a premier source of editorial images for the world's media; and WebDAM, a cloud-based digital asset management service for businesses.
Siobhan Aalders and Niamh Hughes