FlashStock Technology Inc.

Shutterstock welcomes Flashstock into the family

Today, Flashstock is thrilled to announce that we have signed a definitive agreement to become part of Shutterstock. This is very exciting news for our team, our customers, and our partners worldwide.

Shutterstock is a great fit for Flashstock

Like us, they are a technology first company who built a platform for assets, tools, and services which we fit into seamlessly. They are a truly global company capable of supporting a large and diverse global customer base. Their expertise and global reach will allow us to better service our existing customers, and help them achieve their goals for growth and scale.

Flashstock will remain an independent business unit of Shutterstock and will continue to operate in Toronto under the leadership of our current team.

We’ll remain loyal to our distinct brand and continue to offer our customers the best in custom on-brand content using our unique platform and a global network of creative talent. Over time our unique service will integrate into the Shutterstock product offering to their Enterprise clients.

Shutterstock Founder and CEO Jon Oringer described Flashstock as a means of expanding their product offerings to serve clients with custom content.

Custom content has been something we always believed would be an important part of our long term strategy. We’re thrilled to have found Flashstock, a strong business with technology and management that will enhance our product offerings and allow us to grow our partnership with major brands as they look to efficiently create amazing content on-demand. This opens up a large new market that Shutterstock will now be able to serve with custom content. Flashstock’s DNA matches ours, and we believe that there is a great cultural fit and that the business can integrate seamlessly into our new platform.
— Jon Oringer, Shutterstock Founder and CEO

A shared vision

What inspired me about joining Shutterstock was a combination of their global reach, commitment to technology, and investment in their platform. We wholeheartedly believe in each one of those commitments at Flashstock, and we’re excited to bring our unique and diverse passion to Shutterstock.

We will now be able to offer our cost-efficient, streamlined content creation platform to Shutterstock’s global customer base.

On behalf of my entire team at Flashstock, I would like to thank Shutterstock for their support and for believing in our shared vision. I’d also like to thank each one of our existing Flashstock customers — without whom this union would not be possible.

A little about Shutterstock

Shutterstock, Inc. (NYSE: SSTK), directly and through its group subsidiaries, is a leading global provider of high-quality licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. Working with its growing community of over 225,000 contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 125 million images and more than 7 million video clips available.

Headquartered in New York City, with offices in Amsterdam, Berlin, Chicago, Dallas, Denver, London, Los Angeles, Montreal, Paris, San Francisco, and Silicon Valley, Shutterstock has customers in more than 150 countries. The company also owns Bigstock, a value-oriented stock media agency; Offset, a high-end image collection; PremiumBeat a curated royalty-free music library; Rex Features, a premier source of editorial images for the world's media; and Webdam, a cloud-based digital asset management service for businesses.

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