Shutterstock
Shutterstock is a global provider of licensed digital content, including photographs, vectors, illustrations, videos, and music, for businesses, marketing agencies, and media organizations. It works with a large community of contributors and continuously adds tens of thousands of images weekly, building a catalog that exceeds 40 million images and 2 million video clips. Headquartered in New York City with offices in major cities across Europe and North America, Shutterstock serves customers in more than 150 countries. The company operates additional brands and services such as Bigstock, Offset, Skillfeed, and WebDAM. Revenue primarily comes from content licenses for images, footage, music, 3D content, and generative AI content, while data, distribution, and services address needs beyond licenses. Its geographic mix is concentrated in the domestic market but includes a substantial presence in Europe and other regions.
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Past deals in Photography
Pond5
Acquisition in 2022
Founded in 2006, Pond5 operates a global online marketplace for royalty-free digital content. It offers a vast collection of videos, photos, music, sound effects, and other creative assets, serving filmmakers, creators, and producers worldwide. With offices across North America, Europe, and the UK, Pond5 is committed to supporting its community of over 60,000 contributors while innovating in visual search technology and software integrations.
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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