Shutterstock to Acquire PremiumBeat, A Leading Provider of Royalty Free Music

NEW YORK and MONTREAL, Jan. 15, 2015 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a leading global provider of commercial digital imagery and music, has entered into a definitive agreement to acquire PremiumBeat, a leading provider of exclusive, high-quality music and sound effects for use in videos, films, television, apps, games, and other creative projects.

Given the rising importance of video and interactive content, creators around the world increasingly seek affordable, high-quality music to bring their projects to life. Earlier this year Shutterstock set out to make licensable music accessible to any business with the launch of Shutterstock Music; the acquisition …read more

Via: Shutterstock press


Marco | Editor

Editor at large and founder of a bunch of stockphoto businesses