SHUTTERSTOCK ACQUIRES SPLASH NEWS, ONE OF THE WORLD’S LEADING ENTERTAINMENT NEWS NETWORKS

This acquisition solidifies Shutterstock Editorial’s Newsroom featuring as the top quality spot for its world shoppers for unparalleled entry to high quality exclusive content material. The Newsroom will now host an archive of above 30 million images, with a are living feed of 40,000 pictures uploaded for each working day from a community of in excess of 4,000 photographers. This is put together with The Vault, Shutterstock’s archive of more than 60 million photo and video belongings, earning it one of the biggest archival collections in the planet. Contributors will now have their do the job showcased to Shutterstock’s tens of millions of prospects globally. Additionally, the Splash system is an quick-to-use instrument for contributors to interact with, furnishing transparency and improving speed to marketplace inside of a total conclude-to-end working experience.

Splash’s huge selection offers a chronicle of some of the most legendary times from the last three a long time – from photographs of George Clooney and Amal Alamuddin’s 2014 marriage ceremony in Venice, to photographs of “Bennifer” from when they dated in 2002. A thriving archive of more than 27 million pictures joins Shutterstock Editorial’s archive of above 60 million property, creating this one particular of the largest Editorial picture and video archives in the sector. This is mixed with white glove provider from a team of industry authorities to deal important trending stories, archival and UGC written content, to aid our global purchasers tell the story at the rear of the story.

Given that its inception in 1990, Splash has built solid manufacturer recognition and have confidence in inside the amusement marketplace. Over much more than three decades, Splash has formulated a faithful, increasing contributor network of in excess of 4,000 photographers all around the entire world, who add more than 20,000 belongings every single working day. This is blended with above 20,000 images uploaded each individual day across Shutterstock Editorial. 

“Splash has been revered for many years as the very best in the organization for top quality celeb and amusement content, and with this acquisition, Shutterstock will very own the leisure group,” claimed Jamie Elden, Chief Revenue Officer at Shutterstock. “The addition of Splash to The Newsroom will deliver our world wide customers with an unrivaled experience by way of our unique concierge company, our in depth coverage of situations, and a person of the major archive collections in the world.”

“Splash is an established and respected model that has showcased some of the most considerable pop tradition times, and we are thrilled to welcome them to the Shutterstock family members,” mentioned Candice Murray, Vice President of Editorial at Shutterstock. “The fusion of Splash, a revered legacy model, and the Shutterstock Newsroom, an elevated top quality company providing, will make it possible for us to scale our enjoyment vertical. With this union, we are positioning Shutterstock as the sector chief for enjoyment, providing our world purchaser foundation with greatest-in-class editorial written content.”

Phrases of the transaction have been not disclosed.

About Shutterstock, Inc.

Shutterstock, Inc. (NYSE: SSTK), is the leading international artistic system for transformative manufacturers and media organizations. Directly and through its group subsidiaries, Shutterstock’s comprehensive collection contains significant-good quality accredited photographs, vectors, illustrations, 3D styles, films and songs. Working with its escalating community of around 2 million contributors, Shutterstock adds hundreds of hundreds of photographs each and every 7 days, and now has extra than 405 million photographs and more than 25 million video clip clips available.

Headquartered in New York Metropolis, Shutterstock has places of work all-around the globe and consumers in additional than 150 nations. The Company also owns Splash Information, the world’s main enjoyment information agency for newsrooms and media companies throughout the world, Pond5, the world’s largest video clip market, TurboSquid, the world’s premier 3D articles market, PicMonkey, a primary on the web graphic layout and picture editing system Offset, a substantial-conclude picture selection Shutterstock Studios, an end-to-stop tailor made resourceful shop PremiumBeat, a curated royalty-free songs library Shutterstock Editorial, a leading resource of editorial photographs and films for the world’s media Amper Tunes, an AI-driven audio platform and Bigstock, a price-oriented stock media providing.

For additional details, remember to go to www.shutterstock.com and stick to Shutterstock on Twitter and on Facebook.

Ahead-Hunting STATEMENTS

This press release incorporates forward-wanting statements in the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historic truth are forward-on the lookout. Examples of forward-on the lookout statements involve, but are not constrained to, statements pertaining to direction, business prospective clients, upcoming enterprise, future final results of functions or monetary issue, future dividends, our means to consummate acquisitions and integrate the enterprises we have obtained or may possibly get into our current functions, new or prepared capabilities, items or solutions, administration tactics, our aggressive position and the COVID-19 pandemic. You can establish ahead-on the lookout statements by text such as “may well,” “will,” “would,” “should,” “could,” “hope,” “intention,” “anticipate,” “believe,” “estimate,” “intend,” “approach,” “predict,” “challenge,” “request,” “prospective,” “prospects” and other comparable expressions and the negatives of this kind of expressions. Even so, not all ahead-hunting statements include these terms. Ahead-looking statements are issue to regarded and unfamiliar hazards, uncertainties and other factors that could cause our precise final results to differ materially from those expressed or implied by the ahead-on the lookout statements contained herein. These types of hazards and uncertainties include things like, amongst other folks, people talked about beneath the caption “Threat Aspects” in our most new Yearly Report on Sort 10-K, as effectively as in other files that the Organization may well file from time to time with the Securities and Exchange Fee. As a final result of such pitfalls, uncertainties and aspects, Shutterstock’s real results may vary materially from any potential success, overall performance or achievements discussed in or implied by the forward-searching statements contained herein. The ahead-seeking statements contained in this push launch are designed only as of this date and Shutterstock assumes no obligation to update the info included in this press launch or revise any ahead-seeking statements, whether as a end result of new details, future developments or normally, besides as necessary by regulation.

Source Shutterstock, Inc.

Kenneth Proto

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