Shutterstock Acquires Backgrid

Getty Images and Shutterstock Announce Merger of Equals in $3.7 Billion Deal

January 9, 2025

Media & Entertainment

Getty Images and Shutterstock entered into a definitive merger agreement to combine in a “merger of equals,” creating a premier visual content company with an enterprise value of about $3.7 billion. The combined company will be named Getty Images Holdings and will continue to trade on the New York Stock Exchange under ticker GETY.

Shutterstock Acquires Envato Pty Ltd

July 23, 2024

Media & Entertainment

Shutterstock, Inc. has completed its previously announced acquisition of Envato Pty Ltd, a digital creative assets and templates leader. The deal adds Envato Elements to Shutterstock’s subscription offering and expands the combined content library and subscriber base.

Shutterstock Acquires Pond5

May 11, 2022

Media & Entertainment

Shutterstock, Inc. acquired Pond5, the world's largest video-first content marketplace, for $210 million in cash. The deal expands Shutterstock's video and editorial content library, provides broader distribution for Pond5's contributors, and is immediately accretive to Shutterstock's 2022 adjusted EBITDA.

Backstage Acquires ShareGrid, a Peer-to-Peer Marketplace for Production Equipment

January 12, 2022

E-Commerce

Backstage has acquired ShareGrid, a peer-to-peer marketplace for film and photography equipment rentals, expanding Backstage's suite of content-creation tools and entering the U.S. production rentals market. The deal was supported by TA Associates, which provides strategic investment guidance to Backstage.

Shutterstock Acquires TurboSquid

January 26, 2021

Cloud & SaaS

Shutterstock, Inc. entered into a definitive agreement to acquire TurboSquid, the world's largest 3D marketplace, for $75 million in cash. The acquisition expands Shutterstock's 3D, AR and VR content capabilities and integrates TurboSquid's marketplace and SaaS digital asset management offerings into Shutterstock's creative platform.

Shutterstock Acquires Certain Assets of Amper Music

November 1, 2020

AI & Machine Learning

Shutterstock, Inc. acquired certain assets of Amper Music, an AI-driven music composition platform, and will integrate Amper's technology and employees into Shutterstock to strengthen its AI-powered music search, discovery, and editing capabilities. Terms were not disclosed; the deal brings Amper's creative AI, proprietary sample library and engineering talent into Shutterstock's product and R&D efforts.