Shutterstock Editorial announces multiyear U.S. distribution deal with AP

Shutterstock Editorial announces multiyear U.S. distribution deal with AP NEW YORK - Shutterstock, Inc. (NYSE:SSTK), a leading global provider of imagery and music, today announced it has agreed to terms with The Associated Press (AP) to distribute APs daily global photo and packaged video output for license to customers based in the United States. This milestone, three-year deal will also give U.S. Shutterstock editorial customers access to over 30 million photos and nearly 2 million video clips from, respectively, AP Images and AP Archive.

AP, one of the pre-eminent news agencies in the world, delivers up-to-the-minute news, sports and entertainment worldwide, including coverage from every statehouse in the United States, to all media platforms and formats. Every day AP produces approximately 3,000 images and video clips. This wide array of photos and videos will be available on the Shutterstock Premier platform, along with approximately 100 ready-to-air packages called Consumer Ready Videos, which are produced by AP staff from raw footage captured at news events.

This marks a major step forward for Shutterstocks editorial offering, providing trusted coverage of news events around the world to our Premier customers in the United States, said Jon Oringer, founder and CEO of Shutterstock. We are proud that an organization built on a single-minded focus to newsgathering and the highest standards of objective, accurate journalism is trusting its content to be licensed on our platform and making it available to our customers in the U.S.

With this relationship, AP gets the benefits of adding Shutterstock's sales and marketing reach into the U.S. segments that AP has not traditionally served, said David Gwizdowski, AP senior vice president of revenue, Americas. APs worldwide prominence in news content and Shutterstocks strength in technology and visual content discovery makes us a formidable player in the market.

Shutterstock currently expects images from AP to go live to Shutterstock enterprise customers in the U.S. in April, 2016, and footage to be made available later in the year. All images and footage will be licensed under editorial use.

About AP

The Associated Press is the essential global news network, delivering fast, unbiased news from every corner of the world to all media platforms and formats. Founded in 1846, AP today is the most trusted source of independent news and information. On any given day, more than half the world's population sees news from AP. On the Web: www.ap.org

About Shutterstock

Shutterstock, Inc. (NYSE: SSTK), is a leading global provider of high-quality licensed imagery and music to media organizations, businesses and marketing agencies around the world. Working with its growing community of over 100,000 contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 70 million images and 4 million video clips available.

In 2015, Shutterstock expanded its portfolio to include editorial only use imagery through its acquisition of Rex Features, and a multi-year deals with Penske Media Corporation and BFA Images. The companys editorial offering provides media companies and advertisers images and videos that capture the world around us, including a live feed of tightly edited celebrity, entertainment, sports, and news imagery, along with access to a multi-decade archive of iconic images.

For more information, please visit www.shutterstock.com and follow Shutterstock on Twitter, Facebook and Instagram

LINK:	http://www.ap.org/Content/Press-Release/2016/Shutterstock-Editorial-an...
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