Sep
23

Shutterstock Announces Acquisition of BigStockPhoto

by
imagineadmin

Shutterstock, the world’s largest subscription-based stock photo agency, announced that it has acquired BigStockPhoto, a leading credit-based stock photo agency, headquartered in Davis, California

Shutterstock, the world’s largest subscription-based stock photo agency, announced that it has acquired BigStockPhoto, a leading credit-based stock photo agency, headquartered in Davis, California. Financial terms of the deal were not disclosed.

“With the addition of BigStockPhoto, one of the leading agencies for high quality, royalty-free stock photos, Shutterstock is able to expand into the global, credit-based market,” said Adam Riggs, president and CFO of Shutterstock. “This move reinforces our leadership position in the stock photo industry, as it enables us to better serve the diverse payment preferences of stock photo buyers worldwide.”

According to the deal, BigStockPhoto will remain a separate entity, and Shutterstock plans to grow the company’s global presence by investing heavily in marketing, infrastructure and user experience.

BigStockPhoto was founded in 2004 to provide an alternative to high-priced stock photography, and to create a marketplace for photographers to sell their work. In addition to its diverse library of 3.7 Million royalty-free photos and vectors, the agency has created a vibrant community of image buyers and submitters from around the world.

Anton9-Shutterstock[1]

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    • Just found my image in use for this article and am flattered you chose my photo. The fact its used for such a great article too for sites that I sell my images on makes it even sweeter 🙂

    • A match made In Heaven!!!!!!!!

    • Great picture Anthony!