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Shutterstock
Shutterstock is an American provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2003 by programmer and photographer Jon Oringer, Shutterstock maintains a library of around 200 million royalty-free stock photos, vector graphics, and illustrations, with around 10 million video clips and music tracks available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into a la carte pricing in 2008. It has been publicly traded on the New York Stock Exchange since 2012. History Founding and early years (2003–2011) Shutterstock was founded in 2003 by American entrepreneur and computer programmer Jon Oringer. Creating his own online marketplace, Oringer initially uploaded 30,000 of his own stock photos and made them available via subscription, with unlimited downloads and a monthly starting fee of US$49. When demand exceeded his photo supply, he began hiring additional co ...
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Jon Oringer
Jon Oringer (born May 2, 1974) is an American programmer, photographer, and billionaire businessman, best known as the founder and CEO of Shutterstock, a stock media company headquartered in New York City. Oringer started his career while a college student in the 1990s, when he created "one of the Web's first pop-up blockers." He went on to found about ten small startups that used a subscription method to sell "personal firewalls, accounting software, cookie blockers, trademark managers," and other small programs. In 2003, Oringer founded Shutterstock to provide microstock photography, which has been publicly traded on the New York Stock Exchange since 2012. As a result of going public, in 2013 Oringer was reported to be New York's first tech billionaire. Shutterstock had over 100,000 contributors as of March 2016, with an "active customer base of 1.4 million people in 150 countries." Among other accolades, in 2012 Oringer was named New York's Technology Entrepreneur of the Year ...
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Stock Photo
Stock photography is the supply of photographs which are often licensed for specific uses. The stock photo industry, which began to gain hold in the 1920s, has established models including traditional macrostock photography, midstock photography, and microstock photography. Conventional stock agencies charge from several hundred to several thousand US dollars per image, while microstock photography may sell for around US$25 cents. Professional stock photographers traditionally place their images with one or more stock agencies on a contractual basis, while stock agencies may accept the high-quality photos of amateur photographers through online submission. Themes for stock photos are diverse, although Megan Garber of ''The Atlantic'' wrote in 2012 that "one of the more wacky/wondrous elements of stock photos is the manner in which, as a genre, they've developed a unifying editorial sensibility. To see a stock image is... to ''know'' you're seeing a stock image." Historically nota ...
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Stock Photography
Stock photography is the supply of photographs which are often licensed for specific uses. The stock photo industry, which began to gain hold in the 1920s, has established models including traditional macrostock photography, midstock photography, and microstock photography. Conventional stock agencies charge from several hundred to several thousand US dollars per image, while microstock photography may sell for around US$25 cents. Professional stock photographers traditionally place their images with one or more stock agencies on a contractual basis, while stock agencies may accept the high-quality photos of amateur photographers through online submission. Themes for stock photos are diverse, although Megan Garber of ''The Atlantic'' wrote in 2012 that "one of the more wacky/wondrous elements of stock photos is the manner in which, as a genre, they've developed a unifying editorial sensibility. To see a stock image is... to ''know'' you're seeing a stock image." Historically nota ...
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Stock Photography
Stock photography is the supply of photographs which are often licensed for specific uses. The stock photo industry, which began to gain hold in the 1920s, has established models including traditional macrostock photography, midstock photography, and microstock photography. Conventional stock agencies charge from several hundred to several thousand US dollars per image, while microstock photography may sell for around US$25 cents. Professional stock photographers traditionally place their images with one or more stock agencies on a contractual basis, while stock agencies may accept the high-quality photos of amateur photographers through online submission. Themes for stock photos are diverse, although Megan Garber of ''The Atlantic'' wrote in 2012 that "one of the more wacky/wondrous elements of stock photos is the manner in which, as a genre, they've developed a unifying editorial sensibility. To see a stock image is... to ''know'' you're seeing a stock image." Historically nota ...
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Stock Photos
Stock photography is the supply of photographs which are often licensed for specific uses. The stock photo industry, which began to gain hold in the 1920s, has established models including traditional macrostock photography, midstock photography, and microstock photography. Conventional stock agencies charge from several hundred to several thousand US dollars per image, while microstock photography may sell for around US$25 cents. Professional stock photographers traditionally place their images with one or more stock agencies on a Commission (remuneration), contractual basis, while stock agencies may accept the high-quality photos of amateur photographers through online submission. Themes for stock photos are diverse, although Megan Garber of ''The Atlantic'' wrote in 2012 that "one of the more wacky/wondrous elements of stock photos is the manner in which, as a genre, they've developed a unifying editorial sensibility. To see a stock image is... to ''know'' you're seeing a stock ...
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Microstock Photography
Microstock photography, also known as micropayment photography, is a part of the stock photography industry. What defines a company as a microstock photography company is that they (1) source their images almost exclusively via the Internet, (2) do so from a wider range of photographers than the traditional stock agencies (including a willingness to accept images from amateur photographers and hobbyists), and (3) sell their images at a very low rate (from US$0.20 to $10 in the US) for a royalty-free (RF) image. A number of microstock sites also sell vector art, and some sell audio (music) files, Flash animations and video as well as images. History The pioneer of microstock photography was Bruce Livingstone, who created iStockphoto, originally a free stock photo site that quickly became an industry phenomenon. Livingstone sold iStockphoto to Getty Images in February 2006 for 50 million. Many other sites sprang up in the years after iStockphoto's inception. Some of the larger ones ...
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TurboSquid
TurboSquid is a digital media company that sells stock 3D models used in 3D graphics to a variety of industries, including computer games, architecture, and interactive training. The company, headquartered in New Orleans, Louisiana in the United States, is most known for brokering the sale of 3D models in return for a percentage of the sales. As of 2019, TurboSquid has over 800,000 3D models in its library. Turbosquid also has over 130,000 other products available, such as texture maps. History TurboSquid was founded by Matt Wisdom and Andy Wisdom, who were partners in Chimera Digital Imaging, a company that produced 3D animation for television commercials from 1994 to 2000. During that time the pair began researching ways to sell or license unused 3D models. They officially began software development of a marketplace in 1999 under the brand iPublish. At the same time Digimation, a New Orleans company founded by David Avgikos, was working on a similar project called 3dBay. In ...
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Bigstock
Bigstock is an online royalty-free, international microstock photography website that sells images via a credit-based system. Bigstock's photos, vectors and illustrations cost from between 1 and 6 credits each, depending on size, with credits ranging from $.90 to US$3.00.Eric A. Taub"When Are Photos Like Penny Stocks? When They Sell" ''New York Times'', June 5, 2007 BigStockPhoto was founded in Davis, California, in the fall of 2004. Bigstock adds to its library every day as photographers and designers from around the world submit their work. As of June 2015, Bigstock had more than 25 million royalty-free images (photos, vectors and illustrations) available.Bigstock.com
– Stats released on website On September 23, 2009, Bigstock announced that it had been purchased by

Penske Media Corporation
Penske Media Corporation (PMC) () is an American digital media, publishing, and information services company based in Los Angeles and New York City. It publishes more than 20 digital and print brands, including ''Variety'', ''Rolling Stone'', '' WWD'', ''Deadline Hollywood'', '' Billboard'', ''Boy Genius Report'', Robb Report, ''Artforum'', ''ARTNews'', and others. PMC's Chairman and CEO since founding is Jay Penske. History Founding and early years of Penske Media Penske Media Corporation was founded by Jay Penske in 2003. It began as an affinity marketing and internet services company called Velocity Services, Inc. The company acquired the Mail.com domain and was renamed to the Mail.com Media Corporation (MMC). By 2008, the company owned digital entertainment properties like OnCars.com, Hollywoodlife.com, ''Movieline'', and MailTimes in addition to operating the Mail.com portal and email service. In mid-2008, the company received a $35 million growth equity round of financin ...
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Stock Footage
Stock footage, and similarly, archive footage, library pictures, and file footage is film or video footage that can be used again in other films. Stock footage is beneficial to filmmakers as it saves shooting new material. A single piece of stock footage is called a "stock shot" or a "library shot". Stock footage may have appeared in previous productions but may also be outtakes or footage shot for previous productions and not used. Examples of stock footage that might be utilized are moving images of cities and landmarks, wildlife in their natural environments, and historical footage. Suppliers of stock footage may be either rights managed or royalty-free. Many websites offer direct downloads of clips in various formats. History Stock footage companies began to emerge in the mid-1980s, offering clips mastered on Betacam SP, VHS, and film formats. Many of the smaller libraries that specialized in niche topics such as extreme sports, technological or cultural collections were boug ...
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Entrepreneur (magazine)
''Entrepreneur'' is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. The magazine was first published in 1977. It is published by ''Entrepreneur Media Inc''., headquartered in Irvine, California. The magazine publishes 10 issues annually, available through subscription and on newsstands. It is or has been published under license internationally in Mexico, Russia, India, Hungary, the Philippines, South Africa, and others. Its editor-in-chief is Jason Feifer and its owner is Peter Shea. History Every year since 1979, ''Entrepreneur'' has published a list of its top 500 franchise companies. The magazine also published many other lists and awards, one of the most prominent being the Entrepreneur 360 formed to identify businesses mastering the art and science of growing a business. Companies are evaluated based on the analysis of 50-plus data points organized into five pillars: Revenue and Customers, Managemen ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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