Monday, November 18, 2013

Why Shutterstock is pushing its stock media marketplace to big businesses as it opens a Berlin office


Selling three images per second, Shutterstock's business seems to be going well. The New York-based stock media marketplace company has just opened an office in Berlin, but why does it need regional offices? And what is the most popular search term on Shutterstock's hyper-granular library? Maybe a Google Trends-style service for stock media could be an interesting sideline.



Since we recorded this interview with CEO Jon Oringer at the Dublin Web Summit last week, Shutterstock has reported an increase in quarterly image downloads, up 35% to 25.4 million and quarterly revenue up 41% year-on-year to $59.6 million. Now it's making a push to serve larger businesses, not just the small companies and bloggers you may expect to require its services the most.




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