SHUTTERSTOCK ACQUIRES SPLASH NEWS, ONE OF THE WORLD’S LEADING ENTERTAINMENT NEWS NETWORKS

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This acquisition strengthens Shutterstock Editorial’s Newsroom offering as a premium destination for its global customers for unparalleled access to exclusive premium content. The Newsroom will now house an archive of over 30 million images, with a live stream of 40,000 images uploaded daily from a network of over 4,000 photographers. This is combined with The Vault, Shutterstock’s archive of over 60 million photos and videos, making it one of the largest archival collections in the world. Contributors will now have their work showcased to millions of Shutterstock customers around the world. Additionally, the Splash Platform is an easy-to-use tool for contributors to engage with, providing transparency and speeding time to market as part of a complete end-to-end experience.

Splash’s expansive collection chronicles some of the most iconic moments of the past three decades – from images from George Clooney and At Amal Alamuddin’s 2014 wedding at Venice, to “Bennifer” photographs dating back to 2002. A thriving archive of over 27 million images joins Shutterstock Editorial’s archive of over 60 million assets, making it one of the largest photo archives and industry editorial video. This is combined with white glove service from a team of market experts to bring together top trending stories, archives and UGC content, to help our global clients tell the story behind the story.

Since its inception in 1990, Splash has built a strong brand image and trust within the entertainment industry. Over more than three decades, Splash has developed a loyal and growing contributor network of over 4,000 photographers around the world, who upload over 20,000 assets every day. This is combined with over 20,000 images uploaded daily to Shutterstock Editorial.

“Splash has been revered for decades as the best in the business for premium celebrity and entertainment content, and with this acquisition, Shutterstock will own the entertainment category,” said Jamie EldenChief Revenue Officer at Shutterstock. “The addition of Splash to The Newsroom will provide our international customers with an unparalleled experience through our unique concierge service, comprehensive event coverage and one of the largest archive collections in the world.”

“Splash is an established and respected brand that has featured some of the most important moments in pop culture, and we are thrilled to welcome them to the Shutterstock family,” said Candice MurrayVice President of Editorial at Shutterstock. “The merger of Splash, a respected legacy brand, and Shutterstock Newsroom, a premium service offering, will allow us to expand our entertainment vertical. With this union, we are positioning Shutterstock as the entertainment market leader, offering to our global client base with best-in-class editorial content.”

Terms of the transaction were not disclosed.

About Shutterstock, Inc.

Shutterstock, Inc. (NYSE: SSTK), is the world’s leading creative platform for brands and transformative media companies. Directly and through its group subsidiaries, Shutterstock’s comprehensive collection includes high quality licensed photographs, vectors, illustrations, 3D models, videos and music. Working with its growing community of over 2 million contributors, Shutterstock adds hundreds of thousands of images each week and currently has over 405 million images and over 25 million video clips available.

Based at New York City, Shutterstock has offices worldwide and customers in more than 150 countries. The company also owns Splash News, the world’s leading entertainment news agency for newsrooms and media companies worldwide, Pond5, the world’s largest video marketplace, TurboSquid, the largest 3D content marketPicMonkey, a leading online graphic design and image editing platform; Offset, one premium image collection; Shutterstock Studios, an end-to-end personalized creative store; PremiumBeat, an organization Royalty Free Music library; Shutterstock Editorial, one of the main sources of editorial images and videos for the world’s media; Ampere Musica AI-based music platform; and Bigstocka stock market media offering focused on value.

For more information, please visit www.shutterstock.com and follow Shutterstock on Twitter and on Facebook.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking. Examples of forward-looking statements include, but are not limited to, statements regarding direction, industry outlook, future business, future operating results or financial condition, future dividends, our ability to realize acquisitions and to integrate businesses we have acquired or may acquire into our existing operations, new or planned features, products or services, management strategies, our competitive position and the COVID-19 pandemic. You can identify forward-looking statements by words such as “may”, “will”, “should”, “should”, “could”, “expect”, “aim”, “anticipate”, “believe”, “estimates,” “intends,” “plans,” “predicts,” “projects,” “seeks,” “potential,” “opportunities,” and other similar expressions and the negatives of these expressions. not all forward-looking statements contain these words. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially from those expressed or implied by forward-looking statements contained herein.Such risks and uncertainties include, among others, those discussed under “Risk Factors” in our most recent Annual Report on Form 10-K, as well as in other documents the Company may file. from time to time with the Securities and Exc hange Commission. Due to these risks, uncertainties and factors, Shutterstock’s actual results may differ materially from any future results, performance or achievements referred to or implied by the forward-looking statements contained herein. The forward-looking statements contained in this press release are made only as of this date, and Shutterstock undertakes no obligation to update the information contained in this press release or to revise the forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.

SOURCEShutterstock, Inc.

Information: Aimee Leabon, [email protected]917-563-4991

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