SSTK
ShutterstockยทNYSE
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SSTK Profile
Shutterstock, Inc.
A leading global creative platform for transformative brands and media companies
Information Technology Services
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10/11/2012
New York Stock Exchange
1,715
12-31
Common stock
350 Fifth Avenue, 21st Floor, New York, New York, 10118
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Shutterstock, Inc., is a global technology company providing an e-commerce platform for creative professionals with high-quality digital content, tools and services. Its customer-licensed digital content includes: (a) images, including licensed photos, vector graphics, illustrations and video clips used by customers in video communications, such as websites, digital and print marketing materials, corporate communications, books, publications and video content; and (b) music, consisting of high-quality music tracks and sound effects, which are often used to complement digital images. They also provide digital asset management services through their cloud-based digital asset management service Webdam. Webdam provides clients with better tools to manage creative content and brand management assets. Their platform brings together users and contributors of creative content by providing easy-to-search content collections that their clients can license and incorporate into their work for a fee and grant to their clients by compensating contributors for their content. For clients seeking professional content, they can also create customized branded content through their platform by matching their clients' unique needs through their global network of contributors. This model enables it to provide customers with a fast and scalable way to produce cost-effective content that matches their brand's visuals. The processes they maintain for properly licensed content and the compensation protection they provide allow individuals and businesses of all sizes (including media agencies, publishers and creative service providers) to license creative content with the confidence to utilize licensed content to meet their unique commercial or editorial needs.
