Shutterstock buys Pond5

Those who make music and sell it on Pond5 now have a bigger audience. Shutterstock, the company that allows photographers to sell pictures for legal social media use, now also will license music. That’s really cool! Here is the press release via email:

We are excited to announce Shutterstock’s acquisition of Pond5

IMAGES FOOTAGE MUSIC BLOG

To our creative community:
I am excited to announce Shutterstock’s acquisition of Pond5, a leading video-centric content marketplace with a mission to create world-class storytellers. Pond5 is a trusted partner for many filmmakers, media organizations and marketers worldwide due to its award-winning tools, including patented Visual Search for video, and it’s easy-to-use platform. Through this acquisition, Shutterstock will not only gain a world class platform and tools, but will also expand its marketplace to include more customers and contributors than ever before.
For now, Shutterstock and Pond5 will continue to operate as separate distribution platforms. This means there will be no operational changes for our valued contributor networks on either Shutterstock or Pond5.
Together, Shutterstock and Pond5 will continue to find new ways to bring value to our creative communities, whether it be through education, submission support or data and insights.
Thank you for being a valued part of Shutterstock’s growth and evolution! We look forward to continuing on this journey with you.
Jon
Interim CEO, Shutterstock

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