Shutterstock Spans Globe Selling Pics by the Second

Your next video will start in

Recommended Videos

  • Info

  • Comments


Nov. 11 (Bloomberg) -- Shutterstock Founder and CEO Jon Oringer discusses the global photo marketplace on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

Company, driving growth in today's economy.

So, photo sharing.

This is like adding images online?

We are a two-sided marketplace.

Anyone can shoot a stock photo, get the model property releases, we will sell them by prescription.

-- prescription.

How much our photographers paid?

30% of the revenue.

It depends on the subscription plan.

It is really cool.

The news, the hindenburg blimp, but you are doing more commercial stuff?

Like, i need a photo of a bowtie, what do i do?


This all started to change when these professional levels started to get into the hands of the people.

Very cool.

I am intrigued by the idea of crowd sourcing.

How do you get all the pictures of the kim kardashian's. it figures you would go there, the trashy side.

Pictures from camera phones.

There are two sides, editorial and commercial.

We started with commercial because we have to start with something.

We have editorial images.

Can i make a living walking around central park with a camera in my hand taking pitchers of bowties?

$2.30? are there people making a living at this?

People make hundreds of thousands of years out of it.

I do not know where their costs come in line, but they are definitely profitable.

The other amazing thing is that most of our images are sourced from outside the united states, photographers and places where the dollar is a lot stronger.

It all comes back to currency.

That is interesting that you have a big international business.

Is it tough to keep up with photographers and getting companies to provide images for all these different regions of the world?

It is not easy, but we are a technology company and we provide dated two contributors to get them to shoot what they need to shoot.

John, you know spencer very well.

We are still limited by ipo good jillion errors -- gagil lionaires.

Obviously one year ago since going public it was a rewarding experience?

It really put us on the map.

We were here four years in new york to linda business, we wanted to move into some larger enterprise customers, publishers from the biggest media agencies in the world, by going public we were able to get out there.

Tying it into the twitter question today, are we in a tech bubble?

We have really proved that by, as you say, democratizing this and creating local network effects, you can build a huge business.

We will see this with grub hub, seamless, when they go public these companies that have built local network effect, it is not local by geography -- by local i mean by types of content, they attract two sides and they end up with advertisers and publishers on one side, consumers on the other.

We need to continue this discussion.

It is not just about twitter getting lucky.

It is the network effect, as you brilliantly say, knocking on -- your kids can go out with their cameras this week and generate photos.

They will take pictures of bowties.

What is the most requested photo that you get?


It depends on the country, but we are seeing a lot of the actors being sold and used in things like ipod and iphone

This text has been automatically generated. It may not be 100% accurate.


BTV Channel Finder


ZIP is required for U.S. locations

Bloomberg Television in   change