Shutterstock

Shutterstock is a global provider of licensed digital content, including photographs, vectors, illustrations, videos, and music, catering to businesses, marketing agencies, and media organizations worldwide. With its headquarters in New York City and additional offices in major cities such as Amsterdam, Berlin, and London, Shutterstock collaborates with a community of over 60,000 contributors to continuously expand its extensive library, which features more than 40 million images and 2 million video clips. The company serves customers in over 150 countries, primarily generating revenue from its content offerings. In addition to its core services, Shutterstock owns several subsidiary brands, including Bigstock, Offset, Skillfeed, and WebDAM, which enhance its portfolio by providing value-oriented stock media, high-end image collections, online learning resources, and digital asset management solutions for businesses.

Jarrod Yahes

CFO, Finance

Past deals in Photography

Pond5

Acquisition in 2022
Pond5 Inc. is an online marketplace specializing in royalty-free creative assets, including stock video footage, photos, illustrations, music tracks, sound effects, and 3D models. Founded in 2006 and headquartered in New York City, with additional offices in Prague, Geneva, and Dublin, Pond5 serves filmmakers, creators, and producers by providing a platform for the sale and purchase of creative content. The company distinguishes itself as the largest video-first content marketplace, fostering a vibrant community of over 60,000 professional visual and audio creators. By meaningfully sharing licensing revenue with contributing artists, Pond5 supports sustainable livelihoods for its community while offering innovative features, such as visual search and seamless integration with major video-editing software. The platform aims to enhance the creative process by enabling users to quickly find and utilize content essential for their projects.

PicMonkey

Acquisition in 2021
PicMonkey LLC, founded in 2012 and headquartered in Seattle, Washington, is a visual communications platform that provides online tools for photo editing and graphic design. The platform caters to both non-designers and professional designers, facilitating the creation of eye-catching visuals for social media, marketing, and other purposes. PicMonkey offers a variety of features, including filters, a collage maker, and touch-up tools, enabling users to produce high-quality images efficiently. The company has gained significant traction, with over 3.4 billion images created and more than 450,000 paid subscribers worldwide, alongside millions of mobile users across 190 countries. With a workforce of 60 employees, PicMonkey serves a diverse clientele, including consumers, small and medium businesses, non-profits, academic institutions, and large enterprises.

Rex Features

Acquisition in 2015
Rex Features Ltd. is a prominent independent photographic press agency and picture library based in London, UK. Established in 1947, the company has built an international reputation as a leading source of editorial images, providing a wide array of content including news, celebrity, sports, and diverse themes such as travel, animals, and science. With offices in London and Los Angeles, Rex Features collaborates with partner agencies across over 40 countries, gathering thousands of new images daily from a global network of suppliers. The agency's dedicated editorial team operates around the clock to deliver topical material to professional clients across various media sectors. Renowned for its extensive and high-quality image collection, Rex Features ensures exceptional client service, fostering loyalty while maintaining its status as a go-to resource for media outlets worldwide.
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