| Market Capitalization (Millions $) |
211 |
| Shares
Outstanding (Millions) |
37 |
| Employees |
1,565 |
| Revenues (TTM) (Millions $) |
901 |
| Net Income (TTM) (Millions $) |
-206 |
| Cash Flow (TTM) (Millions $) |
46 |
| Capital Exp. (TTM) (Millions $) |
44 |
Business Description
Shutterstock Inc. is a global provider of digital media and technology solutions. The company was founded in 2003 in New York City by Jon Oringer, who remains the majority owner of the company today. Shutterstock provides digital assets, such as images, videos, music, and editorial content, to users for various commercial and editorial purposes. Their platform also allows photographers and filmmakers to sell and license their work.
Shutterstock's library of images currently exceeds 300 million assets, making them one of the largest providers of digital media worldwide. They offer various licensing options to their clients, including subscription plans, corporate accounts, and customized licensing solutions. Their clients include advertising agencies, media companies, small and medium-sized businesses, and individuals who require high-quality digital media.
Shutterstock has a global workforce of over 1,200 employees, with offices in various locations, including New York City, London, Montreal, Berlin, San Francisco, and Amsterdam. The company operates a technology-driven platform that leverages artificial intelligence and machine learning to provide efficient and innovative solutions to their clients.
In addition to their digital media platform, Shutterstock also owns and operates several other companies, including Bigstock, PremiumBeat, and Shutterstock Custom. Bigstock is a stock photography agency that focuses mainly on small and medium-sized businesses, while PremiumBeat is a royalty-free music library that provides high-quality music for use in video and audio productions. Shutterstock Custom is a platform that connects businesses with designers and photographers to create customized brand experiences.
Overall, Shutterstock Inc. is a global leader in the digital media industry, providing a comprehensive suite of products and services to their diverse customer base. They continue to innovate and expand their offerings, leveraging technology and creative solutions to meet the needs of their clients in an ever-evolving digital landscape.
Company Address: 350 Fifth Avenue, 20th Floor Zagreb 10118 City of Zagreb
Company Phone Number: 710-3417 Stock Exchange / Ticker: NYSE SSTK
|
155 %