Shutterstock's(R) Image Collection Surpasses Three Million Images



    
    Stock Image Agency Hits Milestone Just as its Video Site, Shutterstock
    Footage(TM), Builds Momentum through New Cost Structure
    

    NEW YORK, Feb. 4 /CNW/ -- Shutterstock (www.shutterstock.com) announced
today that its image library-comprised of premium photographs, vectors, and
illustrations- has passed the three million (3,000,000) images mark. This is a
landmark accomplishment in the microstock category, and signifies remarkable
growth for the company: one million images were added to the collection in the
last seven months alone. Shutterstock approves about 30,000 images every week,
just a percentage of those submitted, and posts them to the site immediately.
This steady growth ensures that subscriber searches constantly turn up fresh
content. In a market that relies so heavily on new and striking imagery to
communicate, this has been a major selling point for Shutterstock within the
creative community.
    
    (Logo: http://www.newscom.com/cgi-bin/prnh/20070605/NYTU037LOGO )
    
    "We are very proud of our growth," said Jon Oringer, Shutterstock Founder
and CEO. "Our team is incredibly hard-working and dedicated to the integrity
of the collection even as it expands beyond our expectations."
    
    Changes at Shutterstock Footage(TM)
    
    As the still image library continued to explode over the past months,
major changes were afoot at Shutterstock Footage, Shutterstock's stock video
capability (footage.shutterstock.com). Shutterstock was the first of its
competitors to branch into video, in the spring of 2006, and many of its
subscribers immediately became customers at the footage site. With
Shutterstock Footage, the company set itself the goal to do for moving images
what it had done for still: build a high-quality collection, make it available
through an accessible interface, and become an indispensable resource to the
industry. Shutterstock Footage has performed well since its launch,
consistently adding new clips and enhancing functionality.  This month, the
site made its biggest announcement to date: it lowered its prices across the
board.
    "The change to the pricing structure at Shutterstock Footage is extremely
advantageous for our video customers," said Oringer. "Our analysis of the
video market shows that this is the best strategy to grow Shutterstock
Footage, offering the finest service to our customers and meeting our own
goals as a company."

    
    The new Shutterstock Footage prices are as follows:
    $50 High Definition (1080px)                  $50
    $40 High Definition (720px)                   $40
    $30 Standard Definition/PAL/NTSC (480px)      $30
    $10 Low Resolution (240px):                   $10
    




For further information:

For further information: Jessica Olshen for Shutterstock,
+1-212-477-4600,  jessica@jbocommunications.com Web Site:
http://www.shutterstock.com                 
http://www.footage.shutterstock.com

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