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Shutterstock buys Pond5

Stock photography and media company Shutterstock has acquired Pond5, a company intended to function as a video content marketplace for filmmakers, media organizations and marketers. Its content collection includes 30 million licensable video clips, 1.6 million music tracks and 1.7 million sound effects assets. The transaction is valued at US$210 million in cash.

“The acquisition of Pond5 provides immense value for our global customer base, with unparalleled access to one of the largest collections of editorial and commercial video content in the world,” said Jon Oringer, interim CEO of Shutterstock. “Our contributors will also benefit from having their work showcased on Pond5's platform, expanding their portfolio to new customers.”

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