This acquisition strengthens Shutterstock Editorial’s Newsroom offering with a global photographer network of over 4,000 contributors and an archive of over 27 million celebrity, red carpet and live event images.
NEW YORK, May 31, 2022 /CNW/ — Shutterstock, Inc. (NYSE: SSTK), the leading global creative platform for brands and transformative media companies, today announced the acquisition of Splash News, a leading global entertainment news network for newsrooms and media companies. A leading source of image and video content about celebrities, red carpets and live events for more than three decades, Splash News is an industry leader with clients such as E! News, People, Daily Mail, TMZ, Dow Jones, Reach and News UK. Splash’s comprehensive collection includes an archive of over 27 million images and a contributor network of over 4,000 photographers.
This acquisition strengthens Shutterstock Editorial’s Newsroom offering as a premium destination for its global customers for unparalleled access to exclusive premium content. The newsroom will now house an archive of over 30 million images, with a live stream of 40,000 images uploaded daily from a network of over 4,000 photographers. This is combined with The Vault, Shutterstock’s archive of over 60 million photos and videos, making it one of the largest archival collections in the world. Contributors will now have their work showcased to millions of Shutterstock customers around the world. Additionally, the Splash Platform is an easy-to-use tool for contributors to engage with, providing transparency and speeding time to market as part of a complete end-to-end experience.
Splash’s expansive collection chronicles some of the most iconic moments of the past three decades – from images from George Clooney and At Amal Alamuddin’s 2014 wedding at Venice, to “Bennifer” photographs dating back to 2002. A thriving archive of over 27 million images joins Shutterstock Editorial’s archive of over 60 million assets, making it one of the largest photo archives and industry editorial video. This is combined with white glove service from a team of market experts to bring together top trending stories, archives and UGC content, to help our global clients tell the story behind the story.
Since its inception in 1990, Splash has built a strong brand image and trust within the entertainment industry. Over more than three decades, Splash has developed a loyal and growing contributor network of over 4,000 photographers around the world, who upload over 20,000 assets every day. This is combined with over 20,000 images uploaded daily to Shutterstock Editorial.
“Splash has been revered for decades as the best in the business for premium celebrity and entertainment content, and with this acquisition Shutterstock will own the entertainment category,” said Jamie EldenChief Revenue Officer at Shutterstock. “The addition of Splash to The Newsroom will provide our international customers with an unparalleled experience through our unique concierge service, comprehensive event coverage and one of the largest archive collections in the world.”
“Splash is an established and respected brand that has showcased some of the most important moments in pop culture, and we’re thrilled to welcome them to the Shutterstock family,” said Candice MurrayVice President of Editorial at Shutterstock. “The merger of Splash, a respected legacy brand, and Shutterstock Newsroom, a premium service offering, will allow us to expand our entertainment vertical. With this union, we are positioning Shutterstock as the entertainment market leader, offering to our global client base with best-in-class editorial content.”
Terms of the transaction were not disclosed.
About Shutterstock, Inc.
Shutterstock, Inc. (NYSE: SSTK), is the world’s leading creative platform for brands and transformative media companies. Directly and through its group subsidiaries, Shutterstock’s comprehensive collection includes high quality licensed photographs, vectors, illustrations, 3D models, videos and music. Working with its growing community of over 2 million contributors, Shutterstock adds hundreds of thousands of images each week and currently has over 405 million images and over 25 million video clips available.
Based at New York City, Shutterstock has offices worldwide and customers in more than 150 countries. The company also owns Splash News, the world’s leading entertainment news agency for newsrooms and media companies worldwide, Pond5, the world’s largest video marketplace, TurboSquid, the largest 3D content marketPicMonkey, a leading online graphic design and image editing platform; Offset, one premium image collection; Shutterstock Studios, an end-to-end personalized creative store; PremiumBeat, an organization Royalty Free Music library; Shutterstock Editorial, one of the main sources of editorial images and videos for the world’s media; Ampere Musica AI-based music platform; and Bigstocka stock market media offering focused on value.
For more information, please visit www.shutterstock.com and follow Shutterstock on Twitter and on Facebook.
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