Manage updates with the Download AppShutterstock buys rival, shifts photo sales strategy
Shutterstock, a "microstock" company that sells royalty-free photographs for relatively low prices over the Internet, has acquired rival BigStockPhoto and a new sales method along with it.
Shutterstock had offered its photographs and videos through a subscription payment plan, but BigStockPhoto sells its individually with credits. Both rely on a large pool of photographers to supply them with stock photography used in everything from corporate PowerPoint presentations to tourist brochures.
"This addition will enable Shutterstock to better satisfy the diverse payment preferences of stock photo buyers worldwide," said Jon Oringer, founder and CEO of Shutterstock, in … Read more
